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...