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How Can Audience Analysis Help in Brand Growth?

How Can Audience Analysis Help in Brand Growth?

Consulting | Oct, 2021

Putting immense efforts into product development without understanding your target audience can go in vain, no matter how amazing the product quality is. An audience survey plays a vital role in doing business and performing audience analysis can help the brands to reach their potential consumers. An audience survey provides a better understanding of the customers and what they care about. Thus, businesses can utilize the analysis to effectively communicate by crafting the right message that resonates with them. Besides developing a basic understanding of audience, brands can also set the right strategies to succeed in the long term.

The purpose of an audience survey is to know about audiences' interests, influencing factors, problems that the customers might experience with the offered product/service, or their overall perception of a specific brand. Often, marketers confuse the term audience research with market research as the terms are used interchangeably. However, the two types of research differ in a way that market research includes information about the overall market whereas audience research only involves the specific group of people to collect insights about their views, opinions, and need.


Here are some of the crucial steps to conduct an audience analytics survey.

Types of Audience Analysis

  • Social Media Analysis

Social media analysis is done utilizing the extensive data of active users on the social media handles. With better actionable insights, marketers can design improved campaigns and create an enhanced social media presence. Analytics are built into most social media platforms that can help to calculate metrics like likes, shares, comments, mentions, clicks, responses, etc. Using the information, a brand can know what type of content resonates with the audience.

 

  • Demographic Analysis

Demographic audience analysis includes studying your audiences and defining buyer personas depending on the statistical data that recognizes a particular group of people. The research involves collecting and examining factors like age, gender, location, education, and income to help reveal relevant issues and gather insights. Besides, understanding demographics can help brands create an audience perception.

 

  • Psychographic Analysis

Psychographic audience analysis is related to the psychology or behaviour of the audience and explains the inner qualities. The analysis considers the targeted population's needs, hopes, concerns, values, emotions, personality, attitudes, and opinions. Psychographic analysis helps understand buying behaviour and touchpoints of audiences, which brands can capitalize to optimize campaigns, ads, or design copy.

 

  • Situational Analysis

The situational analysis investigates the audience size and division according to mediums or channels, demographic factors, or other funnel stages. The analysis allows marketers to evaluate projected growth, define potential customers, assess competitors, and evaluate the current state of business.

 

  • Behavioral Analysis

In a digital setting, behavioral analysis helps determine people's reactions when they browse a channel. Through engagement metrics, marketers can determine how your audiences reach your site, which channels bring the most traffic, are popular with the audiences, etc. Integrating demographic and behavioral analysis, brands can learn about their target audience content preferences, conduct competitive research, and find areas for improvement in their marketing campaigns.