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This is the philosophy behind niche marketing. You are making a narrowly defined audience more comfortable with you and your business than the large, impersonal corporation. In effect you are building friendships out of clients rather than assigning numbers to your clients. In most
situations buyers relate to this type of customer service and
attention. In your environment, the customer belongs, fits in and
will be welcomed. If you feel that your small business is constantly stuck in the shadows of large enterprise then niche marketing may just be the answer. Competing against deep pockets with a modest budget can get discouraging but niche marketing enables you to create a strong business presence that can out perform even the big guys. While some believe that marketing to a small focused group limits
your sales, most niche marketers are finding that developing a
narrow focus creates a loyal clientele and more importantly
repeat business.
This pulls your business out of the shadows of the large conglomerates like Amazon Books
or Barnes and Nobles and creates a defined expert business for
which hobby cooks can relate. In this situation it would give the
cook looking for the "next best cookbook", the knowledge that you
are taking the time to find the best for her or him. As a niche business you would constantly be on the look out of the next best cookbook and make that information readily available to your buyers. In contrast, the large bookstore would simply point you to the correct aisle and leave you to find it on your own. About the Author: Copyright, Rozey Gean, All Rights Reserved Worldwide Rozey Gean is the founder of Marketing-Seek.com where Writers, Publishers and online Entrepreneurs gather resources and build exposure. Web: http://www.marketing-seek.com or Send an email to: rozey @marketing-seek.com According to the Harvard Business Review, companies are losing an average of 50% of their customers every five years. By leveraging on creating an impressive and effective customer experience, many online sales are netted through referrals. |
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"If you
want to do something, Military
strategists throughout Chinese history have employed the strategy of
"Killing with a borrowed knife".
A classic example of applying Microsoft recently
*announced that it will terminate support for their
seven-year-old Exchange 5.5 software and IBM took advantage of it by
introducing a better replacement multiple OS platform (Domino’s) product
with a 30% discount. Bi-monthly
"Minute Wisdom". Until the next issue....
Have you noticed how popular free email courses have become lately? Well, now you know why. They really work and they really produce excellent results. I can guarantee your conversion ratios will increase... David McKenzie |
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