Do you know what a Customer Journey is?

Looking for ways to boost revenue? Consider creating a customer journey map. Knowing all the ways a customer experiences your brand can help you learn how best to connect with them, offer them more support and improve your business processes.

Marketing agencies, for example, use customer journey maps as an important tool to help their clients understand their customers’ needs, motivations, and pain points so they can build a brand experience that not only converts but keeps people coming back.

What Is a Customer Journey?

A customer journey comprises the steps a person takes as they interact with your brand—from their first encounter to their initial purchase and beyond. A customer journey map documents that interaction.

A marketing agency can use these maps to help its clients create strategies (brand, product, and marketing); build products and services; and train their sales, operations, and support teams.

How Does Mapping Your Customer Journey Boost Revenue?

Mapping your customer journey can help increase revenue as it can help expose opportunities to serve your customers in a variety of effective, authentic, and new ways.

1. Convert more leads into customers

Some companies have trouble converting interest in their brand into sales. For example, a company website can have plenty of traffic but lose those leads along the way. After mapping its customer journey, it may be able to explain why: probably most of the company’s website visitors were using a mobile device, and maybe this website wasn’t mobile optimized. This means their potential customers couldn’t navigate their site, let alone make a purchase.

2. Create a customized experience

In a digital world, people are inundated with information. One way to get through the noise is by creating a personalized experience. Giving your customers what they need or want at the time they need it can be the difference between a new sale or not.

A customer journey map helps you understand where your customer is when they’re connecting with you. That information can then be used to help develop personalized sales, marketing, even products and services that speak directly to your audience. For example, companies might think that by marketing a product to women you can grab the attention of all women. But women are not monolithic; women from different cultures, backgrounds, and religions view things differently.

Therefore, it’s important to customize your approach to make sure your potential and existing customers feel like you have a product or service that meets their specific needs. This may mean creating customized marketing messages and assets for different segments of your audience and making sure these messages reach them at the right time.

Personalizing your customer experience can lead to better responses and conversions, and subsequently, sales.

3. Increase customer retention.

Attracting new customers is expensive. If you’re looking to boost your revenue, finding ways to engage previous and existing customers can be a good place to start. That’s because your existing customers are familiar with your brand and can take less effort to convert.

Mapping your customers' journey can help you understand where your customers are in their journey with you, so you can determine where and how best to re-engage. That helps you give your marketing team better direction on messaging that will grab and keep your audience’s attention.

4. Increase opportunities for upselling.

Another great way to boost revenue is by upselling—that is, offering an enhanced or additional product(s) to a customer at the time of sale.

When you understand your customers’ needs and where they are in their journey, you can offer them complementary products or services that they may be interested in, even if they didn’t ask for them. For example, if you sell a battery-operated product, you may want to offer batteries at checkout. Clothing retailers might suggest accessories that match an outfit. The options are clearer once you understand your customer.

Analyzing the customer journey map is like walking in your customers’ shoes. It can highlight areas where you can meet your customers’ needs and give you a chance to make a positive impression. Just remember, your customers are always changing, so customer journey maps need to be flexible. Making time to review your customer journey maps frequently (quarterly or even monthly) will help ensure you’re staying on top of gaps and opportunities to better serve your customers.

Want to read more? Visit the following article where you can read more about how having a customer journey can benefit your company. Read article