Benefit from differentiating market niche and offer
Benefit from differentiating market niche and offer
Think of your market niche as the location or domain in which you make your offer.
By contrast, your offer is WHO YOU ARE and WHAT YOU DO. Your niche is WHERE and WITH WHOM you do it.
Here's an example of differentiating market niche from offer based on my client's coaching practice.
HER NICHE is working with independent professionals and artists to craft prosperous businesses or careers that fully align with their values, aspirations, and desired way of life.
THE OFFER THAT SHE IS in this market niche distinguishes her from hundreds of other business coaches. As an offer, she is a gifted somatic coach, helping her clients embody success. She is an artist and a business owner herself, and her coaching springs from a deep personal engagement with the concerns that her clients bring to the work.
The offer that she is also includes her spiritual beliefs and practices, her training as a singer, her skills as a writer and editor, her passion for learning, and much more. The offer that she is, in short, encompasses a lifetime of experience -- past, present, and future.
When she tried to discern a market niche based on the offer that she is, she was stymied. Was she a somatic coach? A creativity coach? A spiritual coach? Every niche seemed to be a too-small box, a dead end that limited her as an offer. When she conceived of niche as a location relative to the people she can best serve, niche became a refined point-of-focus for her unlimited and unique offer.
Having chosen a niche (or, more accurately, having acknowledged and accepted the niche that chose her,) she is now committed to honoring standards and boundaries that support that niche. She refers prospective clients who do not fit her niche to other coaches. She is careful to clarify her market niche whenever she writes or talks about her work.
By focusing her niche marketing strategy in this way, she can make a very strong impression. So can you. What's more, referrals have increased substantially. Every time she refers a prospective client who wants career coaching or some other service that she could easily do but that does not fit this niche, she creates a source of referrals. The client she turns away knows where her offer is of maximum value. He knows that she has the integrity to work within the domain in which she offers the greatest value. He won't hesitate to send people her way when they want business or marketing support.
SHOWING UP IN YOUR MARKET NICHE AS A POWERFUL OFFER
I used to see people's eyes glaze when I tried to tell them what I did. I knew I was losing them, but I didn't know how. Now that I name my niche before I describe my services, it is easy for people to connect with what I am saying.
There's a paradox in naming your market niche. When you give people a category to put your products or services in, it is easier for them to get a handle on what you do and to remember it. It's also much easier for them to appreciate how you differ from other professionals in that category. In other words, by putting yourself in a category, you can also make yourself stand out because you distinguish yourself from others in that category.
* * *
Visit AuthenticPromotion.com to find more sound advice on niche
marketing: learn how focusing your niche market actually expands your appeal to clients, increases referrals, and leverages your unique background and interests.
Benefit from differentiating market niche and offer - To learn more about this author, visit Molly Gordon's Website.
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One of the reasons that professionals resist choosing a market niche is that they confuse niche and offer.
Think of your market niche as the location or domain in which you make your offer.
By contrast, your offer is WHO YOU ARE and WHAT YOU DO. Your niche is WHERE and WITH WHOM you do it.
Here's an example of differentiating market niche from offer based on my client's coaching practice.
HER NICHE is working with independent professionals and artists to craft prosperous businesses or careers that fully align with their values, aspirations, and desired way of life.
THE OFFER THAT SHE IS in this market niche distinguishes her from hundreds of other business coaches. As an offer, she is a gifted somatic coach, helping her clients embody success. She is an artist and a business owner herself, and her coaching springs from a deep personal engagement with the concerns that her clients bring to the work.
The offer that she is also includes her spiritual beliefs and practices, her training as a singer, her skills as a writer and editor, her passion for learning, and much more. The offer that she is, in short, encompasses a lifetime of experience -- past, present, and future.
When she tried to discern a market niche based on the offer that she is, she was stymied. Was she a somatic coach? A creativity coach? A spiritual coach? Every niche seemed to be a too-small box, a dead end that limited her as an offer. When she conceived of niche as a location relative to the people she can best serve, niche became a refined point-of-focus for her unlimited and unique offer.
Having chosen a niche (or, more accurately, having acknowledged and accepted the niche that chose her,) she is now committed to honoring standards and boundaries that support that niche. She refers prospective clients who do not fit her niche to other coaches. She is careful to clarify her market niche whenever she writes or talks about her work.
By focusing her niche marketing strategy in this way, she can make a very strong impression. So can you. What's more, referrals have increased substantially. Every time she refers a prospective client who wants career coaching or some other service that she could easily do but that does not fit this niche, she creates a source of referrals. The client she turns away knows where her offer is of maximum value. He knows that she has the integrity to work within the domain in which she offers the greatest value. He won't hesitate to send people her way when they want business or marketing support.
SHOWING UP IN YOUR MARKET NICHE AS A POWERFUL OFFER
I used to see people's eyes glaze when I tried to tell them what I did. I knew I was losing them, but I didn't know how. Now that I name my niche before I describe my services, it is easy for people to connect with what I am saying.
There's a paradox in naming your market niche. When you give people a category to put your products or services in, it is easier for them to get a handle on what you do and to remember it. It's also much easier for them to appreciate how you differ from other professionals in that category. In other words, by putting yourself in a category, you can also make yourself stand out because you distinguish yourself from others in that category.
* * *
Visit AuthenticPromotion.com to find more sound advice on niche
marketing: learn how focusing your niche market actually expands your appeal to clients, increases referrals, and leverages your unique background and interests.
Benefit from differentiating market niche and offer - To learn more about this author, visit Molly Gordon's Website.
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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