Copyright 2022 © Driven IQ

Identity-Based Marketing: The Secret Sauce to Results

In the digital landscape, consumers crave personal connections. Identity-based marketing unveils the key to unlocking the hearts and minds of individuals by harnessing the power of their unique identities.

Identity-Based Marketing: The Secret Sauce to Results

Unlocking the power of identity-based marketing can be simple when you have the perfect recipe. Take one part data-based consumer insights, one part personalization, and a generous helping of identity-based marketing. Stir until mixed thoroughly, and you’ve cooked up a secret sauce that can make your brand stand out from the competition.

Identity-based marketing has grown in popularity over the last few years, and it’s easy to see why. It’s an effective way to show your customers that you understand who they are and what matters to them. Therefore, using identity-based marketing can be the missing ingredient in your brand’s recipe for success.

We’ll first break down each component of identity-based marketing before diving any deeper into the mix.

Identity: What It is, and Why It’s Important for Brand Success

Identity is a fundamental concept of how we view ourselves and how we present ourselves to the world. As consumers, we’re driven to identify with something larger than ourselves, which can include owning products that reflect our age, gender, hobby, taste in music, etc. It's any part of ourselves that helps us better identify with others.

Brands can tap into this powerful human need by leveraging identity-based marketing. It’s a way of taking into account someone’s life stage, interests, beliefs, values, and more, when creating personalized offers. Marketers know that consumers gravitate towards brands that reflect their lives and respond to tailored messages and offers that speak to them on a personal level.

Reciprocity: Reap What You Sow

The idea of identity-based marketing is rooted in reciprocity. Rather than stalk prospects online, brands invite consumers to engage with them in meaningful ways based on their preferences. If done right, these offers add value while building brand loyalty and trust.

Combined with deep customer understanding and clear objectives, marketers can create personalized experiences in a way that’s respectful of customers’ privacy. They just need to ensure they are providing their customers with something they actually want and value. That’s the key to unlocking the door of trust that helps get someone from product awareness to purchase.

Verification: Is it Real or Fake?

What comes after getting the customer to opt in? Verifying that the offer is real and exclusive. This step of identity-based marketing helps increase its appeal, motivating customers to not only redeem an offer, but also share it with others in their network.

This is the final layer that shows sophisticated marketers have taken into account what truly matters to a consumer. They ensure customers are getting an offer that’s customized just for them, proving marketers have done the work to understand who a consumer is and what offers they would value.

Why We Need Identity-Based Marketing: Tap Into the Benefits

Now that we know what goes into identity-based marketing, it’s time to look at why marketers need it. Marketing efforts that leverage real values are more effective than ones that don't. Here’s why it works:

Improved Personalization

Identity-based marketing goes beyond demographic information and includes psychographic characteristics such as beliefs, values, and attitudes. Gaining these insights will help marketers understand how their customers perceive and interact with their brand.

Provide a Relatable Customer Experience

Identity-based marketing enables marketers to provide customers with tailored messages and offers that relate directly to their interests, occupation, life stages, and more. This way, marketers can engage with customers on a deeper level than before and provide them with a truly personalized experience that will set a brand apart from the competition.

Streamlines Marketing

When creating identities and marketing to them, marketers can use customer data to determine which strategies are more likely to succeed or fail. They’ll be able to prioritize their strategies better and create a cohesive journey for customers that aligns with what they want or value.

Increases Sales

Studies have shown that when marketers deliver personalized offers to consumers, brands are more likely to redeem them and ultimately become a brand’s loyal customers. Through identity-based marketing, marketers can leverage insights from consumer data and create targeted offers that will convert potential customers into loyal, paying subscribers.

Builds Consistent Customer Experience

When a customer journey is consistent, customers know what to expect. With identity-based marketing, marketers can ensure each touchpoint reflects their identity according to the brand's value and mission.

Identifies the Consumer Community

Identity-based marketing helps brands identify their target consumer, offering a unique way to reach the perfect audience. In addition, it reveals broader trends that can be taken into account when developing strategies.

Creates Personalized Offer

With identity-based marketing, marketers can create innovative offers that appeal to their consumer community. No matter who’s at the receiving end, they’ll always be presented with something that speaks to them and enhances their experience.

Invites Consumers

Identity-based marketing helps get customers interested by making them aware of offers they are likely to be interested in. Consider this the art of “winning them over.” With targeted marketing, you’re tapping into an audience that's eager to engage and could be persuaded with the right offer.

Activates Word of Mouth

Today, people use social media to spread the word about brands they love. Identity-based marketing helps businesses amplify their presence in the digital sphere by getting consumers to share their offers or talk about their experiences with a particular brand.

Re-Engages Customers

By combining insights from customer data, marketers can take targeted actions such as re-engaging customers. This helps nurture relationships and develop an even deeper connection with them over time.

Ready to Take Your Brand Up a Notch? Five Steps to Get Started

Now that you have a clearer understanding of identity-based marketing, you may be wondering how to get started. Here are some tips you can use:

1. Collect Customer Data

To do this, you’ll need to start collecting data on the people who use or interact with your products or services. Make sure this includes not just basic demographics like age and gender but even more specific information like interests, beliefs, and values.

2. Create a Customer Persona

Take the customer data you’ve gathered and create certain types of personas that you can use to segment customers and identify them differently.

3. Make an Offer

Now it’s time to make an offer that your target customer group will appreciate. This could be a coupon, discount, or free trial. Keep your persona in mind while you’re developing this offer so that it speaks to the unique needs and values of your audience segment.

4. Reach Out

Get the word out! Make sure your offers are reaching the people you’ve created them for. Develop a strategy that takes into account all of your marketing channels, both online and offline, and create targeted campaigns to optimize reach.

5. Verify

Once your offer is released, make sure it’s real and exclusive. This is the final measure of success for any personalized offer, and it will help establish your brand as one that understands its customers’ needs and values.

Wrapping Up

Identity-based marketing is like a secret sauce. It can take your relationship with consumers to the next level and give you an edge over your competitors. With a secret ingredient like DrivenIQ in your brand's recipe, you can pave the way for success by delivering a uniquely customized experience that customers adore.

Ready to reach next-level success in your marketing efforts? Don’t forget to add identity-based marketing into the mix. Bon appétit!