When it comes to market research reports it's easy to get lost in charts and graphs. When market research companies serving Rochester, NY like Drive Research work on reports, we balance comprehensiveness with brevity. It's important to provide the detail to the clients who want it but also provide highlights to the clients who want the quick overview of results.
Our clients value the detail and comprehensiveness of our market research reports. This may include the question-by-question breakdown of each question, the coded open-end data, participation packet information from focus groups, or transcripts from in-depth interviews (IDIs). However, the brief overview pieces of our market research reports include the executive summary of themes with recommendations, infographics, and customer personas. We ensure our full reports are the best of both worlds.
Rather than getting lost in the analytics, customer personas create a face for your data.
What is a Customer Persona in market research?
After reviewing the findings and themes from our market research, we create a composite persona of a typical customer. The customer profile is compiled based on specific profiling and behavioral traits from the market research data. It is important to note this persona is not an actual customer or an actual respondent, but rather a representation of a typical collection of attitudes and traits based on findings from the completed surveys. The data has been summarized into one customer story. It is presented in order to help give a real face to the data and discuss a typical customer experience as the respondent works with the client and makes decisions about products and services.
What does a Customer Persona look like in market research?
The first step of a customer persona is to find a name. To the prior point about making the customer persona feel real, first you have to find a name. Choose wisely here. We've found our clients love personas so much we'll visit their offices months later and still hear their marketing teams throwing out names of personas (e.g., Why would "Bill" buy this? What would "Bill like most about this ad?") Some larger Fortune 50 companies go as far as leaving chairs open at boardroom meetings to save a seat for their key customer.
The next step is to pull out the demographic and behavior highlights from your market research. Give Bill an age, household income, profession, etc. Use the demographics and business demographics from your research to add some more context to this typical customer. In cases where you are developing one common customer or one persona, we choose the demographics that are most common. So if the mean age of your customers is 43, Bill should be 43.
The rest of the customer persona is built through the survey, focus group, or interview data. Use the persona to answer key questions. Make claims like "Bill views price, customer service, and availability as the 3 most important items when selecting a company". Use the market research findings to create and structure your customer persona using majority data or common themes.
Customer personas can add a fresh look, save time, and translate across departments at your organization.
Why is a Customer Persona valuable in a market research report?
Market research can get stale, especially trackers studies that are conducted time-and-time again. We've found clients we work with on a regular basis value fresh looks and data visualization techniques. Customer personas are nothing new in marketing or the market research industry, however many clients with smaller teams or minimal experience in market research have never dealt with customer personas before so they find them extremely valuable.
As stated above, there are inherent time benefits. If the executive team only has a short window to review the key findings of a report, a customer persona or several key customer personas is a great way to tell short stories. Rather than reading through an entire deck or several page executive summary, a customer persona works very similar to an infographic.
Customer personas also add value because they are translatable across departments. When someone reads a customer persona they understand the key takeaways, customer experience (CX), and customer journey without having to look at a single chart or graph. Customer personas are understood by accounting, finance, management, marketing, operations, supply chain, etc. They translate across all departments.
How can Drive Research help you with Customer Personas?
Drive Research is a market research company serving Rochester, NY. Our Upstate New York markets include Buffalo, Rochester, Syracuse, Albany, and others. We are a full-service market research company offering services such as Voice of Customer (VoC) surveys, focus groups, and executive interviews.
Interested in learning more about our market research company in Rochester and how our team can help your business or organization? Contact us at email@example.com or call us at 315-303-2040.
Interested in more? Read these other 3 related blog posts: