FIND YOUR OWN NICHE MARKET

Written by Bob Leduc


Continued from page 1

Any promotional message to this group would have to be very general. But people don't respond to general talk. They respond only when they feel you are talking directly to them about their individual needs.

SPECIAL ADVANTAGE: A highly defined, small niche market can insulate you from competition. Other small businesses are likely to overlook it. Large businesses will findrepparttar market segment too small to bother with.

HOW TO FIND YOUR OWN NICHE MARKET

One way to find a good niche market is to evaluate your existing customers. Can you uncover a segment of customers with similar characteristics?

For example, I recently talked with an MLM distributor for a health products company. About a year ago she noticed that many distributors in her downline were health or physical education teachers. She now has a lot of success targeting a niche market of female physical education teachers who are married, have children and are members ofrepparttar 121942 same professional association.

Another way to find a niche market is to work backward from repparttar 121943 benefits you offer. Start by listing allrepparttar 121944 benefits provided by your product or service. Then list some ofrepparttar 121945 characteristics of prospects whose current situation can be dramatically improved by those benefits. You should begin to see a narrowly defined group emerge as a niche market.

IT'S YOUR BOTTOM LINE

How specific is your target market? Can you develop sales messages so sharply focused your prospects believe you're talking specifically to them? If not, userepparttar 121946 information in this article to help you find a niche market of your own. Then tailor your sales messages torepparttar 121947 specific interests and needs of that niche market. You'll see an immediate increase in your sales and profits.

Bob Leduc retired from a 30 year career of recruiting sales personnel and developing sales leads. For more information... mailto:BobLeduc@aol.com. Phone: (702) 658-1707 (After 10 AM Pacific time) Or write: Bob Leduc, PO Box 33628, Las Vegas, NV 89133


HOW MUCH BUSINESS ARE YOU GETTING FROM YOUR 'NATURAL MARKET'?

Written by Bob Leduc


Continued from page 1

BENEFITS OF A NATURAL MARKET

Potential customers are more receptive when they share a common background or a special interest with you. It's human nature to feel secure when doing business with someone we believe is just like us. This is especially helpful for promoting business onrepparttar Internet because prospects can't see or hear you 'live'.

HOW TO FIND YOUR BEST NATURAL MARKET

Start by making a list of different things you've done in your life. For example:

* What professions or occupations are you engaged in (now or previously)? * What hobbies or crafts do you actively participate in? * What special interest clubs or associations are you actively involved with? * Do you have a unique national origin or speak a foreign language (like my friend, Tony)? * What unique special background or special experiences do you have?

Each item on your list may represent a natural market you can use. However, some will have more impact than others. The greaterrepparttar 121941 uniqueness ofrepparttar 121942 common characteristic,repparttar 121943 more leverage it provides. Selectrepparttar 121944 one withrepparttar 121945 most unique characteristic to use first.

Your natural market is a more focused definition of your primary target market. Once you identify a natural market, start using it in your advertising. Revise your present sales material to create special sales material specifically appealing to your natural market. Userepparttar 121946 same marketing tactics you've been using but expand them to include this new segment of your target market. You'll unlock a completely new layer of business hidden in your existing target market.

Bob Leduc retired from a 30 year career of recruiting sales personnel and developing sales leads. For more information... mailto:BobLeduc@aol.com. Phone: (702) 658-1707 (After 10 AM Pacific time) Or write: Bob Leduc, PO Box 33628, Las Vegas, NV 89133


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