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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 find 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 of same professional association.
Another way to find a niche market is to work backward from benefits you offer. Start by listing all benefits provided by your product or service. Then list some of 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, use information in this article to help you find a niche market of your own. Then tailor your sales messages to 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