What Is the Buyer's Journey ?

What Is the Buyer's Journey ?

The buyer's journey is the process buyers go through to become aware of, consider and evaluate, and decide to purchase a new product or service.

The buyer's journey consists of a three-step process: 
a. Awareness Stage: The buyer realizes they have a problem. 
b. Consideration Stage: The buyer defines their problem and researches options to solve it. 
c. Decision Stage: The buyer chooses a solution.

How to Define Your Company's Buyer's Journey ?

Here are some questions you should ask to put together the buyer's journey for your company.

1. Awareness Stage 

During the Awareness stage, buyers identify their challenge or an opportunity they want to pursue. They also decide whether or not the goal or challenge should be a priority. In order to fully understand the Awareness stage for your buyer, ask yourself:

- How do buyers describe their goals or challenges? 
- How do buyers educate themselves on these goals or challenges? 
- What are the consequences of inaction by the buyer? 
- Are there common misconceptions buyers have about addressing the goal or challenge? 
- How do buyers decide whether the goal or challenge should be prioritized?

2. Consideration Stage 

During the Consideration stage, buyers have clearly defined the goal or challenge and have committed to addressing it. They evaluate the different approaches or methods available to pursue the goal or solve their challenge. Ask yourself:

- What categories of solutions do buyers investigate? 
- How do buyers educate themselves on the various categories? 
- How do buyers perceive the pros and cons of each category? 
- How do buyers decide which category is right for them?

3. Decision Stage 

In the Decision stage, buyers have already decided on a solution category. For example, they could write a pro/con list of specific offerings and then decide on the one that best meets their needs. Questions you should ask yourself to define the Decision stage are:

- What criteria do buyers use to evaluate the available offerings? 
- When buyers investigate your company's offering, what do they like about it compared to alternatives? 
- What concerns do they have with your offering? 
- Who needs to be involved in the decision? 
- For each person involved, how does their perspective on the decision differ? 
- Do buyers have expectations around trying the offering before they purchase it? 
- Outside of purchasing, do buyers need to make additional preparations, such as implementation plans or training strategies?

The answers to these questions will provide a robust foundation for your buyer's journey.

Edited by: 浪子

Bibliography

Lauren Hintz. (2018). What Is the Buyer's Journey? Retrieved from 
https://blog.hubspot.com/sales/what-is-the-buyers-journey