In this episode we discuss luxury buyer personas. What are they, why do you need them and how do they fit into a larger marketing strategy for a luxury travel brand?
What we cover in this episode:
- What are luxury buyer personas?
- How do they fit into a larger luxury travel marketing strategy?
- What are the most important elements of a luxury buyer persona?
- How you can use real world data to make your personas more accurate.
Why are luxury buyer personas an important part in every luxury marketing strategy:
Buyer personas are an integral part of the inbound philosophy and as such an important tool in the modern luxury marketers toolbox. Great personas should incorporate demographics, geo-targeting, psycho-graphics and other data sources. With accurate personas, a luxury travel marketer can create copy, branding materials, campaign and communication that resonates with their ideal HNWI buyer. Wealthy people are often quite unique and different, so it makes absolute sense to create multiple personas if your business tries to cover multiple high-net-worth segments.
Creating personas can become a great kick-off project to get your sales and customer service teams on board as well. By leveraging their client-facing expertise you can imbue your personas with real life characteristics. Campaigns on average, will perform better if they are based on accurate personas and real-world data. So make sure not to skip persona creation as an important part in your planning phase.
In the next episode:
In the next episode we will focus on what should be included in a luxury marketing strategy in general. Ranging from analysis to goal setting, insights, research to actionable steps. If you are in charge of choosing a marketing strategy for your aviation, hospitality or yachting brand, make sure not to miss that episode!