How To Increase Your Sales by Uncovering Your Dream Client’s Needs and Desires

26 Sep 2023 · 23 min

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The Jasmine Star Show - Episode Summary

Episode Title

How To Increase Your Sales by Uncovering Your Dream Client’s Needs and Desires

Podcast Overview The Jasmine Star Show is a business podcast hosted by Jasmine Star, a former law student turned successful photographer and business strategist. The podcast aims to inspire entrepreneurs by providing practical business advice, coaching sessions, and conversations with industry peers.

Episode Synopsis In this episode, Jasmine Star addresses the challenge entrepreneurs face in standing out in a crowded online market. She believes the real issue is not market saturation, but rather business owners' inability to understand their ideal clients' deeper needs and desires. She introduces a four-part framework to help entrepreneurs identify these gaps and stand out in their industries.

Key Concepts and Framework

Introduction

  • Common Entrepreneurial Struggle: Difficulty in standing out due to a perceived oversaturation in the market.
  • Core Issue Identified: Many entrepreneurs fail to identify the deeper needs and desires of their ideal clients, leading to superficial solutions.

Four-Part Framework to Identify Unmet Customer Needs

  1. Redefine the Needs of Your Ideal Client
  2. Think of client problems as layers of an onion—peel back to find core issues.
  3. Understand three levels:
  4. Surface Level: Obvious problems (e.g., postpartum body changes).
  5. Underlying Problems: Hidden issues causing surface-level problems (e.g., low self-esteem).
  6. Core Problems: Psychological/emotional needs (e.g., loss of identity).
  1. Identify Unmet Needs in the Industry
  2. Conduct market research to discover gaps where clients feel underserved.
  3. Use platforms like Reddit and Facebook groups to listen to client complaints and needs.
  1. Revise Your Offer to Fulfill Unmet Needs
  2. Create offers that address the specific gaps identified.
  3. Ensure that the components of the offer are clear and resonate with clients.
  1. Execute and Refine Your Offer
  2. Collect feedback to continually improve your offering.
  3. Set measurable goals and timelines to track client success and satisfaction.

Marketing Techniques

  1. Value Proposition
  2. Clearly communicate how your offer addresses specific client needs that competitors overlook.
  1. Honing Messaging
  2. Use language and terms familiar to your audience to create a connection and resonate with their experiences.
  1. Leveraging Social Proof
  2. Gather testimonials and case studies early on.
  3. Offer trials to demonstrate the effectiveness of your service.

Example Case Study

Brian - Virtual Assistant Agency

  • Brian, the owner of a VA agency, illustrates the framework effectively:
  • He conducts market research to identify the specific needs of his clients.
  • Based on his findings, he revises his offer to provide industry-specific VAs.
  • He sets a plan for collecting feedback and refining his services based on client needs.

Conclusion

  • Jasmine emphasizes the importance of understanding clients at a core emotional level to stand out and succeed in business.
  • She encourages entrepreneurs to take actionable steps towards identifying market gaps and refining their offers.

Call to Action

  • Jasmine urges listeners to implement the discussed strategies and do the work needed to uncover and address the gaps in their markets.

Additional Resources

  • For more in-depth insights, Jasmine invites listeners to check out related episodes and resources on her platform.

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Transcript

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0:0010 years ago, I made the decision to build my personal brand that was elevated, yet approachable, and reflected who I was, not just what I did. I created my website with ShowIt because it's true drag and drop freedom so you can easily build and update your site. Plus, their real human support team, game changer. Want to try it for yourself? Head to jasminestar.com forward slash show it for a 14-day free trial and first month free when you subscribe.

0:38Do you ever feel like your industry is too saturated and it's difficult to stand out? Hey, then you're in the right place. Welcome to the Jasmine Starr Show, where we have mindset shifts around business and growth, and let's go for scaling. Here's the thing. That question is very normal. I hear you. I totally get it. The online space can be, what's the word? Noisy. But what if I told you that I don't think that the problem is industry saturation? I think that business owners aren't sure how to identify or fill the gaps that their dream customers are facing. Oh, let me fight in words. In this episode, I'm diving into a four part framework that will help you identify the gaps in your industry so you can stand out amongst your competitors and attract dream customers.

1:19Okay, before we dive into each step, let me give you an overview of the four part framework for identifying unmet customer needs in your industry. These are gaps that you're going to fill. This is the juicy part. And then we're going to talk about ways to effectively market that solution. That gap you filled, that's what we're going to market. Okay. Step one is to redefine the needs of your ideal client. Step two is to figure out the needs that aren't being met. Step three is to revise your offer and fulfill that unmet need. And step four is to test and refine your offer. Okay. So first we must redefine the needs of your ideal client.

1:56And we do this on three different levels. I want you to think of your ideal client's problem like an onion. And we're simply going to peel back the layers of that onion to get to the deepest core problem that they're facing, the center of the onion. That's what we're focusing on. So this is really important because we make buying decisions on an emotional level, which is like that innermost part of the onion. Now, before we get too far into these layers of our ideal client's problems, let's go over each one. The outer layer of the onion is a surface level problem. Beneath the surface layer problem is the underlying problem.

2:29And the deepest layer is the core problem. Okay, so now let's get into each one. The surface level problem is usually pretty visible or obvious to your dream customers. Like solving these problems addresses most of the obvious pain points. Okay, so for example, if your ideal client is a postpartum mom, her surface level problem might be dealing with post-pregnancy body changes. Like maybe she's gained weight or she has hair loss or skin issues. An example of how a postpartum coach could solve this surface level problem would be, oh, I'm gonna provide remedies, products, routines to help her start looking like her pre-pregnancy self.

3:05The surface level problem is what we see on the outside or the thing that's like really obvious. The underlying problem is hidden or a deeper issue causing the obvious problem. And we need to find and fix that to make things better. Now, this matters because if we only fix the outside obvious problems without addressing the underlying issue, the problem might come back or it's going to get worse in the future. So we're going to pause here. There is no doubt that if you are a postpartum coach, a business coach, a life coach, a fitness coach, it doesn't matter if you're an accountant or a dentist, I get it, you like what you do, but you're not in the business of liking what you do as much as you are in the business of getting a result.

3:46Long-standing results will figure out the outer, the inner, and the center most problems. That's where you're going to get results. So let's continue the example with our postpartum coach. Can you guess what that client, you know, this postpartum coach, like what that underlying problem is? Remember, her surface level problem was her outward appearance. We can guess that like her underlying problem might be that her physical changes are affecting her self-esteem on the inside. An example of how a postpartum coach could solve this underlying issue problem, maybe she can offer personalized coaching sessions that focus on self-acceptance to help her handle these changes.

4:24So the surface level problem was not liking how she looks. The underlying problem was her self-esteem. Now let's get to the deepest part of that onion, that center point, that core problem. The core problem is related to psychological or emotional needs. Now, like we're gonna time out. This is where the real gangsters dwell. It is easy for us to start a business around something we love, right? However, getting to the real core of it is where the strongest entrepreneurs will dwell because it is the most often neglected because it's the hardest thing we have to identify. So we just don't. You go here and I promise you, you are gonna stand out for the rest of your market.

5:04Now, these emotional needs, they're not really easy to spot as the first two layers, but it's so important to understand this level because we need to understand the desires and motivations of our clients. Now, you can make the biggest impact when you understand the core problem And then remember, hey, people buy out of emotion. So if you speak to their deepest emotion, they're going to be a heck of a lot more ready to invest. So let's keep going with our postpartum mom example. Okay, now at the core, it's not just how she looks and it's not just about her self-esteem, but there's something else that might be at play.

5:37When it comes to finding gaps in the market, the best entrepreneurs test their ideas and begin to listen carefully to how people are responding. So if I were a postpartum coach, I would start my deep dive by asking if maybe like she might be looking for ways to reconnect to her personal identity, maybe reconnect to her personal interests outside of being a mom. An example of the postpartum coach, like solving this problem, like this kind of core problem could be ways to provide, you know, a way to reconnect with interests outside of motherhood, helping her rebuild her sense of identity. This coach could also help her talk to her family and support system to communicate, well, her needs for reclaiming her identity and how her family could support her along the way.

6:18Now, I can tell you that as a CEO, we have spent years digging into the core problem for social curator users. The surface level problem for our ideal client is, well, they need help creating and planning their social media strategy for their business. That is the outermost, right? The thing that's most obvious. The underlying problem is that most business owners feel overwhelmed, frustrated, and a lot of times they don't know what to do next. Next, the core problem, which let me remind you, this is psychological or emotional nature, is that our ideal client secretly battles the belief that their business, they don't think it actually grow as big as they want.

6:53And they struggle with the belief that they don't have what it takes to succeed. Now, they're not admitting this on the outside, but we must speak to that innermost emotion so they feel truly understood as a client. Now that we've identified these problems, we now know how our product, our service, has met an unmet gap in the market. Now, Social Curator, we're not just like a social media planning app. We're not just an education hub to help business owners with their marketing strategy. We're the place where business owners change into next level entrepreneurs because their belief system changed from the inside out.

7:25Okay, so I know that was a lot of information, but in today's market, it is so important to know who you serve and how you solve each layer of their problems. After we define the needs of our ideal client, it's time to figure out which needs are not being met. Now, let's use like a slightly different example, right? Say an owner of a small virtual assistant agency, let's say his name is Brian. He offers administrative services to busy entrepreneurs. He has already done step one, redefining the needs of his ideal client, realizing the core problem is that business owners are still feeling exhausted because the tasks that quote unquote only they can do are the most energy draining.

8:02Now, Brian is ready to conduct market research to figure out how he can improve his offer and fill this need. Essentially, Brian is going to see if he can do the tasks that entrepreneurs say only they can do. So to do this, Brian joined a Reddit group where entrepreneurs hang out and they talk about their businesses. He searched the words virtual assistant in the search bar. Reminder, search bars and groups. Oh, man, they work so well on platforms like Reddit and Facebook. They're a goldmine. So Brian found conversations that came specifically, that focused really specifically on working with virtual assistants.

8:34By doing this, he discovered repeated complaints about the lack of VAs who understand the demands of their specific industries. Ding, ding, ding, he found the gap. Now he just needs to solve it. How can a VA understand the demand of specific industries? That's the question he needs to answer. So Brian is now ready to move on to the next step, which is revising his offer. And by creating an industry-specific offer, Brian thinks it will make his ideal client think, how could I choose anybody else when this VA is tailor-made for me? Now we've gone over step one, which is identifying your ideal client's needs, and step two, which is conducting your market research.

9:12Now it's time for step three, creating the offer to fill the unfulfilled need. Here are three simple steps to creating your new offer. First, develop components of the offer. This means deciding exactly what you're providing to customers, including features, exclusive content, tools, and any other elements that is going to make up your product or service. Now let's go back to Brian. Continuing with Brian, our VA agency owner, the components to make up the basic packages would be, number one, external communications, replying to messages, emails, and inquiries in place of the business owner. Okay, number two, calendar management, scheduling appointments, meetings, and events for the business owner.

9:47And number three, bookkeeping, invoicing clients, tracking payments, and managing expenses and financial records while providing the business owner with a weekly or monthly summary. One thing to note, you'll want to organize the components in a clear way so customers easily understand the benefits of what you're offering. Now, we have a method that we use called the FBI method that we talked about in episode 356, three sales strategies to increase your revenue. The FBI method helps you easily show the benefits of your product or service. Now, I'm gonna link it in the show notes, like listen to it because it was really worth it.

10:19Like these benefits are gonna drive sales. Once you have the components of your offer in place, you can move on to the next step, which is to decide the price of your offer. Now, there are several ways that you can do this. You can decide the price based on the cost involved in his development, the pricing of similar offerings in the market, or your ideal client's willingness to pay. Let's break down Brian's price of the basic package. Let's say for the first component of his offer, the external communication, which is replying to messages, emails, and inquiries he charged, let's say$300 a month.

10:49Okay, so for the second component of his offer, calendar management, which included scheduling, appointments, meetings, and events, he charged$200 a month. Now, for the third component of Brian's offer, bookkeeping, which included invoicing clients, tracking payments, and managing expenses, and those, oh, financial records, he charged$300 a month. By breaking up the features and giving them their own value, he's able to accurately price his offer and easily remove or add features to make a higher or lower ticket package. Now, Brian has these three components valued at, combined, if we're doing the math,$800.

11:23He can charge it as is, or he can make a bundle and market it for a discounted rate. Let's say 747, for example. Okay. It's like, oh, we're showing that there's a bargain when you bundle. Now, something that I want you to remember is that you have to be profitable to scale, like breaking even, it's not going to cut it in your business. So after you price your offer, it's time for you to look, what's my profitability? And it's time to create like content and resources and tools that are part of your offer. Now, this might be creating educational materials or generating templates or guides. Maybe you're recording tutorials or courses or creating any resources that directly address the gap and helps them get results.

12:02So time out here. We're talking about Brian, right? Brian, who is the owner of a virtual assistant agency. Okay. He's saying the gap in the market is that he needs VAs that are industry specific so that they understand they're not just scheduling a meeting, they're scheduling a meeting for local accountants. Now, what do accountants want? What do they need? How do they speak? That is going to be driving that value. Now, a couple things that Brian would need to have created and have in place for his offer is, oh, a new onboarding system to help him or one of his VAs, oh, learn client expectations, their voice, their preferences on how to handle their inboxes.

12:37He could also create contracts and agreements for his new clients. It would also be beneficial for him to have some kind of like evergreen modules or guides that his clients can watch and refer back to once they're onboarded. This way, all of him and his clients are on the same page about working with his VAs and his VAs hours and scopes and any other necessary information for that industry. Okay, so we have talked about creating components or features, determining the price, creating the resources for our new offer, right? We've done some work, y 'all. I mean, let's just have a moment. I know I throw a lot of information out there, but in order for you to remove the thought that, oh, my industry is so saturated, I'll never stick out, I'm going to invite you to the next level challenge, which is to say, regardless of the industry, regardless of the size, I'm going to find the gap.

13:24And once I find that gap, this right here, that's gonna set me apart. So now let's move on to step number four, which is executing and refining your offer. Now, this process ensures that your offer is meeting your customer's core problems and expectations. because remember, everybody else is handling the surface. You're at the core. Let's say that the VAs who work for Brian's agency include a previous nurse, hairstylist, a financial advisor, and a photographer. To execute, he has a spot on his website where he is offering specialty VA services. Remember, his new offer that fills it like unmet need for healthcare professionals, beauty industry professionals, financial coaches and experts, and photographers.

14:04Okay, so Brian's gonna test this. Now, Brian is gathering feedback through checking in with his clients and email surveys. He's also taking into consideration the success rate of the referrals and the retention from the new offer. Now, now it's time, like, Brian's like, let's up-level this. He's taking feedback that he received, and then he's going to start identifying the common themes. Remember, this is a new offer, right? So he has to identify, how am I going to make this better? He learned that a common complaint was that there was still unlearning that needed to take place in order to adapt to the new client's brand and the methods and the way of doing things.

14:34He could take this feedback and make the client onboarding process to include more brand-specific information. And he could also have like a mid-month check-in for a chance to connect with any issues before that first month is over. What is he doing? He's going in, drilling down, industry-specific needs to reflect the brand. Brian is sticking out from his competition by caring the most and making changes. Now, there are three things that I want you to remember here. Number one, give yourself a timeline with metrics. In 30, 60, or 90 days, you want your client to achieve X, Y, and Z for results.

15:07For Brian, this could be streamlining the bookkeeping process by day 30, resolving 80 to 90 % of the client complaints unassisted by day 60, and fully managing the calendar by day 90. Okay, number two, ask for feedback and ask specific questions if you want specific answers. Like Brian might ask his clients, how do you feel having a VA who is knowledgeable in your industry, you know, and perhaps is it more beneficial than the one who isn't? Or how could we improve the experience with this new offer with a specialized VA? Number three, use facts, not assumptions or feelings to make decisions. Now, here's the thing I really want to tap on.

15:44Like hearing feedback can feel vulnerable and it can feel very uncomfortable, but this is one of the best gifts when it comes to growth and improvement. An example here could be Brian could use the results of his goal of resolving 80 to 90 % of his client complaints unassisted by day 60, right? That was his goal. And he could find out which kind of complaints were the most challenging for the VA. Like, how could they not answer them? And what could he do to improve moving forward? Maybe he could provide customer service training for his VAs or have mock situations where they practice handling those types of complaints.

16:15Okay. So now let's get into how to market your solution for the gap in the industry. Now, this is where the magic is. So let's pause here. What I see a lot of people do is complain, oh, their marketing isn't working. People aren't paying attention on social media. How do they stick out? Well, if everybody is saying the same thing, AKA marketing to the core, sorry, not marketing to the core, but marketing to the surface, you're gonna have a hard time sticking out. Now, what we wanna do is have the core be addressed. We're gonna go into the gap in the industry. So what can we do to start here? Tip number one is having a clear value proposition.

16:51Highlight how your offer addresses the specific gaps and unmet needs of your clients and that competitors, they're not addressing. It's the solution you need to be shouting the loudest and focusing on your marketing efforts. I'm gonna say that again for the people in the back. Market the solution, market the results, market that aspiration that somebody wants. So Brian could have his value proposition, you know, he has like a statement that says, our VA service specializes in matching business owners with VAs who have a deep understanding of their industry. We carefully categorize our VAs based on previous trades, skills, and backgrounds, ensuring a tailored and industry-specific approach to meet your business needs.

17:28With us, you'll find the perfect VA who speaks your industry's language and can help your business thrive. Dang. Now you might be thinking, if I'm loud about what makes me different from my competitors, aren't my competitors gonna start filling that same gap? Well, okay, the short answer is yes. You might have a lot of copycats, but remember, being a pioneer means staying one step ahead and continuously raising the bar in a way that your copycats, well, they're gonna find it really challenging to match. I mean, so just think of Apple and no offense to Android or any other brands, but Apple is definitely a pioneer in the smartphone space and they don't hold back.

18:01Oh, just in case somebody copies us, we're not going to release new things. No. So what's your main takeaway? Act like Apple and ignore the Androids. Tip number two is honing in on your messaging. Create messaging that is really resonating with your ideal client and highlights the problem solving capabilities your product or service shares. And then I want to talk about how it simplifies or it improves their lives. Now use language they use. If you're speaking to photographers, talk about aperture or shutter speed or focal points. Know what I'm saying? Like show that you understand them. Dive deep into the vocabulary and expressions that your clients are using in their everyday language.

18:37When you use their language, you create an instant connection showing, hey, you really understand their needs and their deepest desires. Remember, Brian did his market research in Reddit groups to find his ideal client's needs. He saw the words and phrases that were used like burnout and hopeless and tired. He can now use these words in his messaging to describe the before, you know, like the before I had a VA, before I had an industry specific VA, this is how I was feeling. And now the juxtaposition of that is his messaging is they don't feel like that because they have somebody who knows them and understands them and understands their industry.

19:09And tip number three is leveraging social proof. Social proof helps build credibility and demonstrates the tangible benefits of how you fill gaps in your industry. But you're probably thinking, I just refined my offer. How the heck am I going to have testimonials or case studies or success stories, right? Like, okay, I got you. Here are a few ways that you can get social proof early on. Number one, find a quick result. Know what it is, plan for it, and then market it. Okay, so here's a quick example. One of Brian's VAs took on a photography client, and within the first two weeks, she streamlined an on-deck process that kept clients in the loop of when they would receive their galleries.

19:44Three different clients mentioned how helpful it was to be able to check on the status of their album without asking, hey, like, when am I going to get that gallery? Cool. Number two, give samples or trials. Letting people try your product or service for a low or like no entry point, well, that's going to help you gain testimonials and social proof. It's still important to have a plan of like the results that you're going to get within like a certain amount of time. Like that's going to really be helpful. Okay. So let's break this down with an example. Let's say Brian found the Reddit users who are frustrated and then he reached out to them for a two-week trial of one of his VA services.

20:18If the complaint was more about previous VAs not being able to handle customer service, that would be what he would offer. Like with a plan, of course, on how he would get them results and specifically how he would get them results in that two-week period. Now, a third way that you can get social proof like early on is with UGC, like user-generated content or affiliate marketing. You can find creators where your ideal clients are hanging out, and then you could leverage their accounts and network. So I'm going to give you an example. A well-known hairstylist who is known for giving value to other hairstylists creates reels discussing how having her right-hand woman is increasing her sales while giving her more time with her family.

20:55Huh. She can mention how she speaks the lingo and understands the client's needs and the services that are offered, which is rare in a virtual assistant. Woo-hoo. Let's go, Brian. You got this, brother. Okay, so do we see what just happened right there? Brian was able to get other people validate his business model with intention that they would be mutually benefited in the process. Okay, so we covered a lot of information in this amount of time. So let's take a little woosaw for a review. We went over a four-part framework for identifying customers' needs in your industry, aka fill in the gap.

21:29So what is this? Step number one is to redefine the needs of your ideal client. Step number two is to figure out which needs are not being met. Step number three is to revise your offer to fulfill an unmet need. And step number four is to execute and refine your offer as you go on. So we walked through some really effective tips to market your solution. Tip number one was having a clear value proposition, knowing that the needs and the core problems, ooh, that you now fill. Tip number two was honing in on your messaging, creating compelling copy that is relatable and clearly demonstrates the core problem that you're solving.

22:03I'm gonna say that again. You solved the core problem. That's what makes you different. And tip number three was leveraging social proof, planning a way to share early on after launching the offer by creating quick results through some sort of testing phase, but you're planning for that. Now, I know your time, speaking of planning and time and all the stuff we don't have, I know it's very valuable. And the fact that you're listening to me right now means that you and I care deeply about the work that we do. My goal here is to give you ways for you to up-level your business. If we ever get the opportunity to work together, that would be an honor.

22:35But no, me creating content is not contingent on it. What I do ask is that whatever you take today, you start doing. The kindest gift that any business owner could ever give me is not a thank you, although if that ever happened, I'd appreciate it. It's not you buying me like a drink at a bar if we are at the same conference, although if you buy me a drink, I'll probably say thank you too. The greatest gift that you could ever pay anybody who shared something on your journey is to actually do what they ask you to do. So this is me asking you to do the work, to find the gap in the market, to meet it well, to serve, to do the work that very few people do as a way to scale and grow over time.

23:15It is an honor and a privilege. Thank you so much for listening to The Jasmine Starr Show.

Read the full transcript
From the publisher

Do you ever feel like it's difficult to stand out online? 


If so, I feel you. The online space can feel…well, crowded.


But, I often hear entrepreneurs say the reason they aren’t getting the results they WANT and DESERVE is because of the over-saturation in their industry…


And I don’t think that’s the case. So, what is?


Business owners don’t know how to identify the deepest needs and desires of their ideal clients - the things their ideal client REALLY wants, but might not even know how to express. 


As a result… 


Business owners are stuck talking about the same ol’ surface-level problem that everyone else in their industry is talking about. They blend in (rather than stand out), because they don’t know how to dig deeper and find the core problem.

But don’t fear, my friend - today I’m sharing my step-by-step process of figuring out exactly what your ideal client really wants and desires and spilling the tea on how to create or revise your offer so it speaks directly to these needs. When you’re done listening, you’ll be well on your way to standing out in your industry and serving the people who need you most. 


Click play to hear all of this and…


[00:01:06] How to identify your ideal client’s core needs and desires


[00:07:54] How to identify the places in your industry where your ideal client isn’t being served.

[00:08:51] How to create an offer that meets your ideal client’s needs and serves them in a way others aren’t (i.e. - how to create a solution for the “gap” in the market) 

[00:13:25] How to make improvements to your offer based on research and client feedback.

[00:16:18] How to create clear messaging that not only shows the value of your offer, but resonates with your ideal clients

[00:19:03] The importance of clearly stating not just WHAT your offer is, but the transformation it provides

[00:19:53] How to market your offer when it's brand new and you don't have many testimonials

(PS Wanna learn how to sell the transformation of your product or service? Listen to the episode where I teach our FBI sales method, Three Sales Strategies to Increase Your Revenue >>HERE<<!)

For full show notes; visit: https://jasminestar.com/podcast/episode369

You know that feeling when you find a platform that just works—and you never have to worry about switching? That’s been me and Showit for the past 10+ years.

I built my website with Showit because it gives me total design freedom.

If you’re ready to build a website that works FOR you—and not against you—head to JasmineStar.com/showit for a 14-day free trial + first month free when you subscribe!

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