Personal Branding: Have You Identified Your Niche?
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Free PDF Download Personal Branding: What The NFL Can Teach You About Creating a Compelling Brand - By JW Dicks |
If you are at a shooting range, what comes first: aiming your gun or pulling the trigger? For your safety and that of everyone nearby, I hope that aiming is the first step! While this is an obvious concept when it comes to shooting a gun or throwing darts, it’s an often overlooked step in many branding campaigns. An effective personal branding campaign starts by asking one question: who are your target customers? Once this question has been answered, a plan can be constructed to most effectively reach these customers. Often referred to as “finding your niche”, the process of identifying your target market is an all-important first step in any marketing and branding campaign. Below are several questions to ask in order to identify your ideal target market:
1) To which customers will your products and services most appeal? Most businesses have a wide range of potential customers—and many business owners make the mistake of pursuing all of them. The problem with that approach, from a personal branding standpoint, is that a strong brand can’t appeal to every single potential customer. Instead, it is important to identify your “bread and butter” customers, who will make up the core of your business—even if these customers don’t currently represent a majority of your total business. Once you have identified these customers, customize your brand for maximum appeal.
2) What attributes distinguish your business from the competition? In order to effectively position yourself within your marketplace, it is important to identify the traits that separate your business from everyone else. What does your business offer that no one else in your market can? Answering this question will enable you to emphasize your unique value proposition while constructing your personal brand.
3) What common frustrations or needs do your services or products address? How does your business solve a problem or find a solution for your customers? In particular, do you solve problems that nobody else can? These solutions should be an integral part of your personal brand. Along the same lines, try asking your customers what they appreciate the most about your business. Make their answers a focus of your branding and marketing campaigns.
How much competition are you facing? Finally, before settling on a target market and crafting a brand to reach that market, ask yourselfthe all-important question:
4)how much competition will you be facing? If you can help it, avoid entering a
hotly-contested market—because you’ll be fighting an uphill battle. On the other hand, if a less
competitive niche isn’t available, don’t surrender. Instead, focus on differentiating yourself from the
competition in your market. You
can succeed in a market, no matter how competitive it is, if you can find a way
to provide more value than anyone else—and if you can communicate this value
proposition to your market.
If you haven’t yet identified your target market, take a few moments right now to do so. Without a clearly defined niche, your personal brand won’t be effective. Feel free to contact me for more help in this area!
If you haven’t yet identified your target market, take a few moments right now to do so. Without a clearly defined niche, your personal brand won’t be effective. Feel free to contact me for more help in this area!
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Free PDF Download Personal Branding: What The NFL Can Teach You About Creating a Compelling Brand - By JW Dicks |
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About the Author: JW Dicks RSS for JW's articles - Visit JW's website J.W. Dicks, Esq. is America’s foremost authority on Personal Branding for Business Development. He has developed some of the most successful mass media and multi-channel business marketing campaigns in the country and built multi-million dollar businesses on the back of them. J.W. represents some of the top marketers and professional experts in the world in the growth of their businesses using online and offline business development systems, social media, multi-dimensional marketing, franchising and strategic legal structure to accomplish their go als and capitalize on the assets they create. Click here to visit JW's website. Personal Branding 3 Ways to Build Credibility Is Your Personal Brand Memorable YOUR 2009 ACTION LIST Personal Branding 101 Whats the Best Channel to Reach Your Market Dont Leave Branding to the Celebrities |
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