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  • Will You Add? - Niches - The Path to More Profits

    CVs And Resumes Sometimes Just Get In The Way
    As a head-hunter and Career Coach I see so many CVs and resumes that look as though they are designed to get in the way of what I (or any other recruiter) might need to know about you the candidate. They vary from pure meaningless waffle without any identifiable facts to lengthy tomes with so much detail they send me to sleep. And I persevere where many others wouldn't bother.My least favourite CV of recent times was seventeen pages long. The first page had only the candidate's name on it (you know who you are don't you?) and the second page was devoted to a full page head and shoulders photograph. The other 15 were packed full of so much information that I felt I knew his life history.Most professionals I
    ges specifically to them.

    Umm I feel an example coming on here...ah ok, here is one for you.

    Lets say you are an affiliate for an autoresponder service. Excellent service because you know that anyone who starts a business online needs an autoresponder. While that is great, what isn't so hot is the fact that you are not the only autoresponder service in cyber-land and they too are targeting the same niche you are.

    But...the difference between you and them is this article ;o)

    See, we all go for the obvious niche or target market when we sign onto

    Target Marketing for Service Professionals
    Let’s face it. Marketing can be expensive. It can be a wasted expense when we don’t take the time to figure out exactly who our market is and the best way to reach that market. When asking service professionals who their target markets are, many tend to think that everyone is their target. This is just not the case. The fastest way to waste your money is to think that everyone is a member of your target market.Understanding who your target market is a process that can be broken down into many small but important steps. You first must know exactly what services you have to offer. Make sure that the selection of services you offer is small enough to have a target, but large enough to hit the bulls-eye.So how do
    Hey, as business owners we CAN'T be all things for all customers. I mean it would be fantastic if we could, however, you just can't meet the needs and wants of everyone, you would run yourself ragged trying :o(

    BUT ... that doesn't mean you throw your hands up in dispair and give up ;o) Stick with me for a few minutes and we'll go over a few ideas that come to mind and see if they get your creative juices flowing.

    Firstly, what the heck is a "Niche" anyway?? I mean I am sure you have seen the word flying around the Internet and a lot more lately. You've seen newsletter articles and email letters from some of the top guru's now sprouting "Niche" as the new "catch" word of the time.

    The term is NOT NEW. Basically a "niche" is finding a specific target market and catering to their specific wants and needs.

    Ummm let me give you an example...

    As a marketing coach/consultant my business is providing a service "marketing" to businesses. Now obviously the business arena is too general so what I want to do is break it down into bite size sectors or smaller target markets. I may want to deal specifically to the needs and wants of Dental Offices and decide to specialize in Dental Office Marketing. I could take on the legal sector and specialize in marketing legal practices.

    Get where I am going here??

    I can't be all things to all businesses out there, so I break the business sector down into target markets and the find the ones that I want to specialize in and cater to that group specifically.

    Now, you may be thinking ok, that's good for you being a marketing coach, but I am an affiliate for a progam...how does "niche marketing" affect me?

    Glad you asked ;o)

    When people first come online with the desire to start some sort of eBusiness they typically go into the "emarketing" niche and promote products/services with a marketing theme. It makes sense from a marketing point of view, you go where there is demand.

    However, with demand also comes competition and the "online marketing" arena is saturated and highly competitive.

    So...what do you do?

    Well, what you need to do is sit and think of markets outside of the "online marketing" arena which could also use your products/ services and target your messages specifically to them.

    Umm I feel an example coming on here...ah ok, here is one for you.

    Lets say you are an affiliate for an autoresponder service. Excellent service because you know that anyone who starts a business online needs an autoresponder. While that is great, what isn't so hot is the fact that you are not the only autoresponder service in cyber-land and they too are targeting the same niche you are.

    But...the difference between you and them is this article ;o)

    See, we all go for the obvious niche or target market when we sign onto

    Buy A Business In Mexico -- Instead Of China -- And Have Far Fewer Headaches With A Lot More Money
    I have always said when you buy and run a business -- a manufacturing business -- there are times when outsourcing is almost a guarantee -- as you can triple your profits without tripling your overhead. And if you are going to outsource you have to get your head on straight about how other countries do business. And after 30 years of outsourcing, my favorite country to outsource to has always been -- hands down -- Mexico, and not China.Why?Well, first of all -- and this is not a knock of the Chinese people, but an observation of their overall business culture where they play by a completely different set of rules than we do in the U.S. -- if you have a proprietary product, in China they're going to steal it
    n newsletter articles and email letters from some of the top guru's now sprouting "Niche" as the new "catch" word of the time.

    The term is NOT NEW. Basically a "niche" is finding a specific target market and catering to their specific wants and needs.

    Ummm let me give you an example...

    As a marketing coach/consultant my business is providing a service "marketing" to businesses. Now obviously the business arena is too general so what I want to do is break it down into bite size sectors or smaller target markets. I may want to deal specifically to the needs and wants of Dental Offices and decide to specialize in Dental Office Marketing. I could take on the legal sector and specialize in marketing legal practices.

    Get where I am going here??

    I can't be all things to all businesses out there, so I break the business sector down into target markets and the find the ones that I want to specialize in and cater to that group specifically.

    Now, you may be thinking ok, that's good for you being a marketing coach, but I am an affiliate for a progam...how does "niche marketing" affect me?

    Glad you asked ;o)

    When people first come online with the desire to start some sort of eBusiness they typically go into the "emarketing" niche and promote products/services with a marketing theme. It makes sense from a marketing point of view, you go where there is demand.

    However, with demand also comes competition and the "online marketing" arena is saturated and highly competitive.

    So...what do you do?

    Well, what you need to do is sit and think of markets outside of the "online marketing" arena which could also use your products/ services and target your messages specifically to them.

    Umm I feel an example coming on here...ah ok, here is one for you.

    Lets say you are an affiliate for an autoresponder service. Excellent service because you know that anyone who starts a business online needs an autoresponder. While that is great, what isn't so hot is the fact that you are not the only autoresponder service in cyber-land and they too are targeting the same niche you are.

    But...the difference between you and them is this article ;o)

    See, we all go for the obvious niche or target market when we sign onto

    What Am I All About and Who Cares Anyway
    No one cares about you or your business. I know that may seem shocking for many of you, but it is none the less true.People only care about themselves. They care about the results they gain from engaging your services or using your products.They only care about their growth and success. They care about the long term value they gain from working with you.Here’s the problem.You are probably communicating as if your target market cared about your business instead of their personal interests.“I’m a __________ (fill in the blank with your profession) and I help people (offering something you sell) with my services.”The problem is I and me. The word people is the other challenge. W
    eeds and wants of Dental Offices and decide to specialize in Dental Office Marketing. I could take on the legal sector and specialize in marketing legal practices.

    Get where I am going here??

    I can't be all things to all businesses out there, so I break the business sector down into target markets and the find the ones that I want to specialize in and cater to that group specifically.

    Now, you may be thinking ok, that's good for you being a marketing coach, but I am an affiliate for a progam...how does "niche marketing" affect me?

    Glad you asked ;o)

    When people first come online with the desire to start some sort of eBusiness they typically go into the "emarketing" niche and promote products/services with a marketing theme. It makes sense from a marketing point of view, you go where there is demand.

    However, with demand also comes competition and the "online marketing" arena is saturated and highly competitive.

    So...what do you do?

    Well, what you need to do is sit and think of markets outside of the "online marketing" arena which could also use your products/ services and target your messages specifically to them.

    Umm I feel an example coming on here...ah ok, here is one for you.

    Lets say you are an affiliate for an autoresponder service. Excellent service because you know that anyone who starts a business online needs an autoresponder. While that is great, what isn't so hot is the fact that you are not the only autoresponder service in cyber-land and they too are targeting the same niche you are.

    But...the difference between you and them is this article ;o)

    See, we all go for the obvious niche or target market when we sign onto

    Business Process Management – The Six Sigma Approach
    Managing a business entails a wide variety of responsibilities and project managers have to be up to the task. Fortunately, there are Business Process Management technologies in place to help processes run more smoothly. However, Six Sigma does more than just help processes run more smoothly. Six Sigma is a methodology. It allows for continuous of improvement of processes, on a project-by-project basis.Implementing Six Sigma into your business takes a high level of commitment, because it does not go project-to-project. There needs to be 100% commitment from all levels of management, especially upper management. Six Sigma is intended to be a methodology that is implemented throughout the entire organization, and witho
    o)

    When people first come online with the desire to start some sort of eBusiness they typically go into the "emarketing" niche and promote products/services with a marketing theme. It makes sense from a marketing point of view, you go where there is demand.

    However, with demand also comes competition and the "online marketing" arena is saturated and highly competitive.

    So...what do you do?

    Well, what you need to do is sit and think of markets outside of the "online marketing" arena which could also use your products/ services and target your messages specifically to them.

    Umm I feel an example coming on here...ah ok, here is one for you.

    Lets say you are an affiliate for an autoresponder service. Excellent service because you know that anyone who starts a business online needs an autoresponder. While that is great, what isn't so hot is the fact that you are not the only autoresponder service in cyber-land and they too are targeting the same niche you are.

    But...the difference between you and them is this article ;o)

    See, we all go for the obvious niche or target market when we sign onto

    Cubicle Furniture
    Cubicle furniture is designed to give additional privacy in office rooms, reception, and other related areas. It includes furniture ranging from cubicle panels and dividers to office systems. Cubicle furniture comes with different storage options, such as wheeled pedestals, filing drawers, wall cabinets, and free standing shelves. You will find a locking feature, in most cases. Some systems have facilities that can be raised or lowered. Whiteboards, built-in task lighting, tack boards, and coat hangers are among the common additions you can make in cubicle furniture. Keyboard trays are an added addition for furniture with computer related tasks.Cubicle furniture comes in varying colors and patterns for all work surfa
    ges specifically to them.

    Umm I feel an example coming on here...ah ok, here is one for you.

    Lets say you are an affiliate for an autoresponder service. Excellent service because you know that anyone who starts a business online needs an autoresponder. While that is great, what isn't so hot is the fact that you are not the only autoresponder service in cyber-land and they too are targeting the same niche you are.

    But...the difference between you and them is this article ;o)

    See, we all go for the obvious niche or target market when we sign onto an affiliate program. We go after the others just like us and market to them. What we fail to do is find the OTHER niches or target markets out there that haven't heard of an autoresponder and have no idea what it is let alone how much time we can save them.

    I am thinking about niches like, oh...perhaps Real Estate Agents. A few friends are in the market for a new house. Every week they get in the mail (snail mail) the new listing sheets for all the houses listed that week. The idea is that they go through these sheets and see if any of the houses peak their interest and then they are to call their Agent and ask to view them.

    It was an ok system, but imagine how much time and MONEY a Real Estate Agent could save if they had an autoresponder service?

    All they would have to do is create the new listing templates, enter the email address and names of their client base (even that is automated) and blast out the new listings once a week, or more often if they wanted to. No more printing costs and gone are the mailing costs and the time factor you have saved them is PRICELESS!

    See the potential here???

    Are you beginning to get the idea about finding other market segments (customers) for your products/services??

    If you are an affiliate for an autoresponder service you could promote autoresponders to Dental Offices. They send out appointment reminder cards...imagine the cost savings for them if they had an autoresponder service, not to mention the time savings of having staff to stick labels and post them out??

    It is just a matter of seeing what they do and how your service can save them the time and money. AND...the best part about this thinking is that not many take on this sort of business stance.

    Now lets get away from the "online marketing niche" for a second and think of other ways of creating profit through niches.

    Another thing is to look to your hobbies and interests.

    Lets say you dabble at DJing on the weekends as a hobby. With that very hobby you could create profit by creating a little niche site geared towards DJing. Your site could focus on showing someone how to break into the weekend DJ business and provide sites that offer good DJ equipment (that you are affiliated with of course).

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