Friday, October 26, 2018

Assignment 18A- Create A Customer Avatar

My product is a workshop or course that is required for college students to complete upon graduation. This product will dive into various aspects of financial usage by college students and provide valuable information regarding how to utilize one's finances more efficiently. My prototypical customer does not have healthy spending habits. They tend to spend money on things that they do not need and use money instead of saving it. They tend to eat out more instead of buying groceries and cooking food at home. They enjoy buying things for themselves and treating themselves often. They tend to drive an average car. Not anything too fancy, but not an extremely old car either. It is a conventional car that will get the job done. My target segment does not have children. However, many of them do have pets which is another responsibility that requires the usage of finances to provide for the pet. My target segment are males and females who range from age 18-25. Another aspect of this segment is that they typically have financial responsibilities outside of school. It may be helping out the family back home or helping out a family member from time to time. These individuals are relatively young, however they feel much older due to their vast amount of responsibilities. Lastly, an essential detail is that my target market truly wants to save money and not go into debt. However, we all know how challenging this task can be for anyone. Many of the aspects mentioned above for my customer's avatar, I can definitely relate to. I do not think that it is a coincidence that I have things in common with my customer avatar.



Image result for college students spending money

3 comments:

  1. Prince,

    I like how you went into detail about your customer avatar. You stated several characteristics/qualities that your customer avatars have. After reading this post, I feel that I also could identify people, whom meet your customer avatar.

    You stated that an essential detail is that your target market truly wants to save money and not go into debt. Although most people might seem to meet this criteria, there are certainly some who care more about saving and avoiding debt than others.

    ReplyDelete
  2. Prince,

    The most interesting thing about your customer avatar is how you described the behaviors that they do that make them your target audience for your opportunity. Behavioral targeting is extremely beneficial to a business because it allows them to figure out what their consumers are doing and how they can take advantage of those behaviors. It's also interesting to look at the behaviors of your customer avatar and how they don't make the best financial decisions, but they are all interested in saving money and avoiding debt.

    ReplyDelete
  3. Prince,
    I enjoyed reading about your service and definitely think it is a very useful tool! It's great that you are able to target this market of freshly graduated college students who may feel overwhelmed by the transition into adulthood. You didn't describe your segment so specific where it becomes difficult to kick start your service, but just enough to be able to experiment and find its best fit. It's definitely another positive that you yourself are a college student and will be able to understand this need to provide the best possible service.
    Good luck!

    ReplyDelete