What’s the Buyer’s Journey and Why Should You Care?

Think about it. You don’t just go out and make a major purchase. First, you realize you want or need something, then you start researching your options, then you pick a lucky winner. It’s a process, and that process actually has a name – it’s called the Buyer’s Journey. What does that mean for you and your marketing? Plenty! Knowing where a potential customer is along their path to purchase allows you to focus exactly the right message at exactly the right time to exactly the right person. Bam! You just got yourself a customer. (Pssst…that’s why you should care!)

First, though, you have to know a little more about the stages buyer’s go through on this journey of theirs.

On their quest to become aware of, evaluate, and purchase a new product or service, buyers go through this three-step process:

1. Awareness Stage:
The realization of having a problem or need.

2. Consideration Stage:
Defining the problem and researching options to solve it. HubSpot uncovered where consumers are researching their options most. Spoiler: Google search, company websites & Amazon all influence buyers.

3. Decision Stage:
A solution is chosen.

Makes sense, right? But while theories are nice, real-world applications — now those make a more meaningful impression. So, let’s take a look at my very own personal New York City Times Square Bagel Buyer’s Journey.

Awareness

During the Awareness stage, buyers identify their challenge or an opportunity they want to pursue.

While in New York, I became aware that I wanted to get authentic New York bagels after eating genuine New York City pizza the night before. (Fun Fact: Bagels originated in the Jewish communities of Poland.) Encouraged by my wife and kids, my quest began.

Consideration

During the Consideration stage, buyers evaluate the different approaches or methods available to pursue the goal or solve their challenge.

So I, as they say, “Googled it.” My Google search for “Bagels near Times Square” returned plenty of possibilities. Since I was walking, I narrowed my search to places within a mile of my hotel. That left 3 options:

unnamed (1)

 

Decision

In the Decision stage, buyers have already decided on a solution.

It came down to ratings and reviews. My decision was clear. All three places had 4+ ratings but one stood out – ding, ding, ding, we have a winner: Best Bagel & Coffee!

unnamed (2)

Did my journey from Awareness to Consideration through Decision pay off? You bet it did! I thought I knew a thing or two about bagels from my D&W bakery days, but I may never eat another locally made bagel again. I came to the conclusion that nothing beats the real thing. So, guess where I’ll be headed next time I go to New York?

Congratulations Best Bagel & Coffee on the acquisition of a new customer!

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There you have it – a Real World NYC Buyer’s Journey. Incidentally, after enjoying my bagels, I headed to Central Park for a walk, then to the 9/11 Museum and Yankees game with my family, for a record-setting 27,000 step day. See, good things do happen when following a buyer’s journey — for the customer, and for you.

Learn more about the world of inbound marketing by downloading this free guide, or by giving me a call at 231-727-9778. Maybe we can even share a bagel (but only if it’s from New York!)

Jason is a Partner and the CEO at Revel, a B2B marketing agency. He is a diehard baseball fan who loves his Detroit Tigers. Family vacations often revolve around seeing games in different MLB ballparks around the country – they’ve been to 21 so far and counting. Connect with him on LinkedIn or Twitter.

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