While the buyer’s journey is unique for every buyer, it can be categorized into three main stages: the awareness stage, the consideration stage, and the decision stage. Not only will understanding what each stage entails allow you to create more effective marketing and sales strategies that address the specific needs that buyers have during each stage, but they make it easier to identify how far along the buyer’s journey different prospects are.
This makes it easier to pinpoint when prospects are ready to be engaged allowing businesses to send the right message at the right time. Engaging a prospect who is not ready can chase them away, while not engaging a prospect who is ready can result in a lost sale.
The Awareness Stage
The awareness stage is the stage during which buyers become aware of what their problem is. It’s at this point that they are researching their problem to more clearly define what it is and why they have it.
The Consideration Stage
During the consideration stage, the buyer will know what their problem, challenge, or need is and will be doing research about the solutions that are available to determine which solution is best for them.
The Decision Stage
Once the buyer has chosen a solution that best fits their particular needs, they will begin researching the different products or services that offer that solution. They will also be comparing different brands to determine not only what product or service they want to purchase, but who they want to purchase it from.