Thursday, July 24, 2008

Are You Targeting Your Ideal Market?

by Chris Marlow

In the world of business, there are two dynamics that are constantly in motion, and they are...
1) A problem for which a solution must be found (owned by the client), and
2) The solution to that problem (owned by the service provider).

It's the degree to which you can solve that problem for that client that will determine how easy (or hard) it is to capture the work and land the client. That's why sophisticated marketers focus on finding the "#1 pain" of their market. They know if they can correctly identify a target's #1 pain (that thing that keeps them up at night), they can then provide the service that will solve that pain.

For any service provider, the first marketing challenge is to find the target market that's right for them. If you pick wrong, a market that doesn't have a strong need for what you have to offer, for instance, you'll struggle to land clients, perhaps unaware that the problem lies in your misunderstanding of what it is they really need.

Let me give you a real life example. Lynn is a lawyer-turned-copywriter who knows the legal field very well having worked in it for many years. Therefore, would it not be a good idea to specialize in helping law firms with their marketing?

In our work together, we certainly had to consider the market. But upon close examination, we determined that using her new copywriting skills to help law firms was not her ideal market.

Lynn's research, intuition, and past experience told her that law firms generally do not place a high value on copywriting, and that the largest categories of law are dominated by individual practitioners who might find it hard to pay the rates she wants to charge. What's more, she had lost her passion for law, which is one of the reasons she decided to change careers and become a copywriter.

Yet she was getting some business from this trade. So we decided to target a market Lynn could get excited about, the self-improvement (SI) market. For now, Lynn continues to help her local law firms as a "sub-niche" until she has a full roster of SI clients.

The lesson is, when you target a market, run through a checklist to see if you're really well-matched for it. Here are five starter questions to ask yourself:

1. Does this market really want and need what I have to sell? To what degree?
2. Do I understand this market's #1 pain and can I articulate my solution to that pain in a powerful way?
3. Do I enjoy this market and will I enjoy it five or 10 years from now?
4. Can this market help me achieve my financial and business-building goals?
5. Will this market need my help long into the future or is it susceptible to change?

Keyword Articles: http://www.keywordarticles.org

Chris Marlow publishes a free newsletter for consultants who want to land the high quality, high value clients.

Tuesday, July 22, 2008

Quality Product Photos Increase Sales

The right photos can capture the attention, perceived value, and sales your products so richly deserve. So says Dr. Ralph F. Wilson, the editor of Web Marketing Today. If you sell products on eBay, for example, or any sell any products online for that matter, the quality of the images will very likely affect the bidding or purchasing interest of viewers. Dr. Wilson's article has some excellent examples about how the image affects the perceived quality of the item. Read more...

Thursday, July 10, 2008

website caches

Did you ever know there was an update to your website or a favorite but you couldn't see it?

The only way to see these changes is by clearing your browsers cache, which is a pain. What really needs to happen is the page needs to be forced to reload.

The two weapons to pick up are a couple of simple keyboard shortcuts.
Ctrl+Shift+R (firefox only)
or
Ctrl+F5

These will force reload a webpage which includes reloading any Style or Javascript changes! This is great because normally when you cleaned your cookies/cache from the browser it would log you out of a website. The shortcuts reload the page without interruption.

Tuesday, July 8, 2008

Meetups and Tweetups

Good networking leads to positive business growth, so why not learn to use social media tools to create and attend networking events? Your customers want to be connected and your business can use Web 2.0 tools to connect. This week's ColoradoBiz Magazine has an excellent article on how companies like Zappos are leveraging the social media trend. You can also use tools like Twitter or Meetup to learn new skills, like how to publish a book or bring an invention to market.

Thursday, July 3, 2008

The Social Media Goldmine

No matter how small your company, social media can be a goldmine. Those are the words of author Rebecca Cole in ColoradoBiz Magazine. Still, she urges businesses to be careful of assuming that using social media and web 2. 0 tactics will be all you need to do. Some cautions:
  • Always remember the importance of face-to-face communications.
  • Create a strategy for how and why social media is used in your company.
  • Don't forget to use social media yourself.
  • Use keywords in your press releases.
Savvy companies take advantage of social media. If you're among those savvy companies, remember - just like when you undertake any marketing endeavor, make the commitment to do it right so that you don't waste time and money.

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