Why and HOW to Find Your Targeted Audience

When I watched Steve Forbes interview Jessica Simpson about her billion-dollar clothing company, I realized how brilliant this woman really is.  Of course she has her corkiness, but so do I.  I didn’t think I’d watch her interview and have my brain wheels turning, but boy was I wrong!

She says, “We like to see the trends that are coming. We are behind.” She is aware of her targeted audience of “everything beyond New York and L.A.” She knows women take time to see what trend they like, and she understands that. She waits to see what fashion trend women admire and will last beyond one season, and then makes a great color scheme that a wide age range will like, and creates something amazing and affordable. It’s not just affordable clothes, it’s trends that most people admire but couldn’t get their hands on yet.

She dug deep into her targeted audience.

https://www.youtube.com/watch?v=Ml2oObyWFmc

This is where I think a lot of companies thrive at or fail at. Every single company will have a low period, but what gets them back or makes them fall off determines if they can rediscover their targeted audience.

Here’s the 2 major factors you’ll need to keep in mind (and keep rechecking) when you are finding your targeted audience:

1.    Demographics

This isn’t just age, gender, and location. You need to think into who you really want to target by answering these demographics also:

• Income
• Occupation
• Education
• Ethnicity
• Marital status
• # of children

Some of these things may not be relevant to your business, like ethnicity, but some of these are something to really think about. If you are a small town farmer, you’ll still want to target families who have mouths to feed and can afford local produce. Reevaluate what you first decided was your demographic, dig deeper, and come up with a campaign to get that specific audience this year.

2.    Psychographics

Psychographics tells you the WHY, not just the WHO. In order to tell you why your targeted audience works (or is failing), you need to closely watch their

• Behaviors
• Values
• Personality
•  Interests
• Lifestyle

For example, you should know when most people view your website, what pages on your site are most clicked (and what factors about it make it so liked), what graphics tend to attract your clients, and what other types of posts your market likes/shares.

Analyzing psychographics can be challenging because there is no clear answer; you have to play psychologist, emphasize with your market, and change accordingly with the way they work.

Just like Jessica Simpson, you need to know how your demographic thinks; which may be completely different than how you think.

No matter what, it’s never a bad idea to look over your targeted audience again and again, since it will continuously change!

Thanks for reading!

Lana Sache

Social Stride