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AIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

7 December 2024

Rethinking target group analysis: How lookalike audiences boost your growth

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In the modern corporate world, target group analysis is a decisive factor for successful marketing strategies. It enables companies to understand their potential customers precisely and take targeted measures to fulfil their needs. Target group analysis is a continuous process that involves not only identifying the target group, but also examining their needs and behaviour[1][3]. By analysing the target group, companies can optimally adapt their content and marketing measures in order to improve visibility in search engines and create a better user experience[2][4].

The importance of target group analysis

Target group analysis is the cornerstone of an effective marketing strategy. It helps companies to understand their target groups and create customised content. By analysing the target group, companies can initiate targeted advertising measures that are tailored to the specific needs and interests of their customers[3][5]. In this way, iROI coaching can act as a support to accompany projects centred around target group analysis and develop relevant marketing strategies.

Creation of buyer personas

An important part of target group analysis is the creation of buyer personas. These are detailed profiles that represent the characteristics, needs and behaviour of the target group. By analysing these personas, companies can focus their marketing measures on the respective target group[3]. For example, a fashion company can determine that its main target group is fashion-conscious young women who value sustainability[9].

Examples from practice

An example from the technology sector shows how a target group analysis can be carried out. An IT solutions company uses the analysis to determine that its target group consists of small and medium-sized companies looking for efficient and cost-effective solutions[9]. With this knowledge, targeted marketing measures can be developed that are precisely tailored to these needs.

BEST PRACTICE with a customerA fashion company carried out a target group analysis to better understand the interests and wishes of its customers. By creating buyer personas, it emerged that the target group was young, fashion-conscious and environmentally aware. The company used this information to develop sustainable fashion products and launch targeted advertising campaigns on social media. As a result, brand awareness and customer loyalty increased significantly.

The role of target group analysis in SEO

Target group analysis also plays an important role in search engine optimisation (SEO). By understanding the target group, a company can identify relevant keywords that are used by potential customers in search queries. This makes it possible to create targeted content aimed at these keywords and thus increase the chances of better visibility in search results[2][4].

Targeted keyword research

Targeted keyword research is crucial in order to identify the relevant search terms used by the target group. By analysing the search behaviour of the target group, companies can create specific content that is precisely tailored to the needs of the users[2]. For example, a fitness product company may find that their target audience frequently searches for outdoor fitness exercises. With this insight, targeted blog posts can be created that offer such instructions.

BEST PRACTICE with a customerA fitness products company used target group analysis to understand their customers' search queries. By identifying the most relevant keywords, they developed content that was directly tailored to the needs of their target audience. This led to an improvement in search engine rankings and a significant increase in website interaction.

Target group analysis in the B2B and B2C world

Target group analysis is of crucial importance in both the B2B and B2C environments. In the B2B sector, the focus is on decision-makers in companies, while in the B2C sector the focus is on end consumers[3]. Both areas use target group analysis to understand the needs of the target group and develop appropriate marketing strategies.

Differences between B2B and B2C

In the B2B environment, purchasing decisions are often more rational, whereas in the B2C sector, emotional factors are more prominent. This requires different approaches in target group analysis in order to understand the specific needs and motivations of the respective target group[3]. For example, a software company in the B2B sector could focus on the importance of efficiency and cost savings, while a fashion company in the B2C sector focuses more on lifestyle and fashion awareness.

BEST PRACTICE with a customerA B2B IT solutions company used target group analysis to understand the needs of decision-makers in companies. Through targeted whitepapers and webinars, it was able to better fulfil the needs of the target group and significantly increase brand awareness.

My analysis

To summarise, it can be said that target group analysis is an indispensable component of successful marketing strategies. It enables companies to understand their target groups precisely and take targeted measures to fulfil their needs. By applying target group analysis, companies can strengthen their market position and compete by creating relevant content and implementing targeted marketing campaigns. iROI coaching helps companies analyse their target groups to gain valuable insights and develop effective marketing plans.

Further links from the text above:

- German Institute for Marketing: Target Group Analysis](https://www.marketinginstitut.biz/blog/zielgruppenanalyse/)
- Triveo: Target group analysis](https://www.triveo.de/zielgruppenanalyse/)
- [HubSpot Blog: Target group analysis](https://blog.hubspot.de/marketing/zielgruppenanalyse)
- Qualtrics: Target group analysis](https://www.qualtrics.com/de/erlebnismanagement/marktforschung/zielgruppenanalyse/)

For more information and if you have any questions, please contact Contact us or read more blog posts on the topic internet Return on Investment - Marketing here.

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