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What is Buyer's Journey and Why it Matters

March 20, 2022

The continuously changing buying process of consumers has made it hard for business owners to adapt to their changing needs. The demands of the consumers are changing rapidly and in this competitive era, businesses are trying their best to deliver complete customer satisfaction. As people are relying more and more on online sources, the competitive market has grown a lot bigger for business owners. 

In order to get an edge in this competitive environment, businesses have to take various measures to relate to their customers more. The first step of that would be to understand the buyer's journey and connect the dots on how you can use it to grow your business better.

What is the Buyer's Journey?

A buyer's journey is the whole process consumers go through to get aware of a product or a service, consider or evaluate and then the purchase stage. The buyer's journey consists of three steps. They are:

1. Awareness Stage

2. Consideration Stage

3. Decision Stage

Awareness Stage

The awareness stage is the consumer getting aware of the challenge and identifying the need to look for a solution. When a person realizes they need something, they usually turn to the internet to look for a solution. As suggested by research, 71% of the consumers usually start their buying process with a generic search rather than searching a particular company. 

This is why businesses should invest in digital marketing and target their company on the right keywords to rank higher in google search engines whenever their consumers search online. You should always add content about your product, what is it, and how it can help you. You should always make your website as well as content relatable, something that sparks emotion and engages customers.

Consideration Stage

This is the stage where buyers consider investing in a product. They start evaluating the pros and cons,  of the product and see if it fits their requirement and would be able to fulfill the demands they are looking for in a product. In this stage, the buyers will compare your products to other similar products. 

This is why consumers should make their product better for the consumers and also affordable. Reaching your consumers is as important as creating a product for them that fits their requirements perfectly. 

Decision Stage

In the decision stage, the buyer is ready to make a purchase. You must be wondering how you, as a business, come in here, after all the consumer has already made its decision to buy from you. Well, you can make the process as satisfying as possible for them so that they keep coming back. Users always look for convenience whenever they buy something and that is why you should focus on making the whole process as user-friendly as possible. You can also ask for some reviews or testimonials to make the best use of the case.