I am a great admirer of businesses that serve and market to one or a small number of niches. It's such a great business model and one of the fastest ways to grow a business. I know one marketer who develops websites exclusively for life coaches, another business that develops marketing programs for the spa and pool industry, and another business that specializes in providing tax services for clergy. And they're all busy!
When they develop their marketing materials, services, and products, they are able to speak to a very specific segment of the population. Niching allows them to "go deep" into the needs and problems of one particular profession or demographic. For example, clergy have very specific tax situations with their pay, housing allowances, and Social Security taxes. A tax preparer specializing in this market can market to a very specific segment of the population (members of the clergy) with a specific set of challenges (specialized tax rules applying only to clergy). I have also seen a similar service for truck drivers who have specialized tax rules, too.
Recently, I have discovered a new medium aimed at one of my favorite niches-quilters. I have a confession to make?When I'm not helping my customers grow their businesses, I can usually be found stitching away on my sewing machine. (Hi, my name is Caroline and I'm a quilt-a-holic.)
The new medium is an online Quilters News Network. A 24/7 internet based television network of quilting shows, tips, and, of course, advertisements for all the things quilters love. I heard about it from another quilter and as soon as I discovered it, my productivity dropped like a rock off the top of the Empire State Building. Did I mention it's all quilting all day, right on my computer screen? What's a quilter to do?
The quilting community is a great example of a profitable niche. Whenever I go to my quilting group or participate in a quilting event, I pick up a new tip, learn about a new tool or pattern, or meet a new quilter. And we talk. A lot. "Have you been to the new quilt store?" "Have you seen this new tool?" "Have you tried this pattern?" Word spreads like a wild fire through the quilting community when we find something new that we like.
The quilting niche is made up of 22 million happy quilters. It's subdivided into any number of smaller niches-traditional appliqué, machine quilting, hand quilting, trapunto, redwork, etc. It is a hungry market-we can't get enough fabric, tools, and patterns.
What hungry markets can you tap into to build your business to the next level? Serving a niche is the difference between trying to find a needle in a haystack or walking into a room full of quilters and offering them a good deal on sewing machine needles. Which one will give the greatest return on your investment?
Caroline Jordan, MBA would like to find more time for quilting, if only she wasn't so busy serving her niche, self employed professionals who struggle to work both "in" and "on" their businesses. If you're a self employed professional in engineering or consulting and you need help attracting clients you enjoy, improving your cash flow, developing additional streams of revenue, and creating a more successful business visit http://www.TheJordanResult.com for more tips and strategies for business success.
|
|
|
|
|
|
|
|
|
|
|


GoDaddy made a calculated decision to nationally "brand" their name... Read More
I discovered a free service online, that allows me to... Read More
Looking for some tips on being a newbie in the... Read More
"Do unto others as you would have them do unto... Read More
The day has come for your new website to go... Read More
How many times have you... heard that running solo ads... Read More
Here are the 10 heavy duty online sales tactics that... Read More
What You Won't Learn in Business School----------------------------------------We all know the... Read More
After spending a lot of time and effort on building... Read More
Have you ever been told to find your niche? In... Read More
If you read my first article titled BUILDING A BUSINESS... Read More
SMS Marketing can be used to acquire customers, strengthen existing... Read More
A joint venture is when two or more businesses join... Read More
Leads are the Life Blood of any Online Home Based... Read More
More and more people are realizing that the Internet offers... Read More
Copyright 2005 Richard KeirIn a recent article I talked about... Read More
It is a story about Manku, a blind man who... Read More
You can increase sales and profits by offering freebies to... Read More
TIME DEMON. For online marketers, time is one of their... Read More
Setting up your own online business can seem extremely daunting.... Read More
Today, the internet is an excellent media to reach out... Read More
Defining Top-Line versus Bottom-LineAn Internet business improves their "top line"... Read More
Everybody wants to learn how to make money on the... Read More
In search of the coveted search engine traffic? Yes? Then... Read More
The way we do business is changing rapidly. From VOIP,... Read More
You don't have to spend thousands of dollars on advertising... Read More
Yes, apparently - websites are supposed to make money! Somebody... Read More
For those of you who don't know what an FFA... Read More
The story of how Hotmail moved from zero to a... Read More
In this Article we look at the third competitive advantage... Read More
In today's business world emails are essential to the success... Read More
"FREE" what a great word.We all like getting something for... Read More
If you don't find a niche market for the product... Read More


Staying awake at night wondering how to pump up your... Read More
I read recently that every human thought originates from either... Read More
One day I was talking to a friend who had... Read More
It is not enough to set up a website to... Read More
"There is difference between knowing the path and walking the... Read More
-- Internet Marketing Determines Web Success --Internet marketing is essential... Read More
Are you aware of how vitally important and valuable CONTENT... Read More
Some years ago, on the recommendation of a friend, I... Read More
Since I own my own business web site and have... Read More
Web site marketing is the most important part of your... Read More
Guerrilla Marketing Design is more an attitude than a system... Read More
Are you confused by what really works when marketing your... Read More
Like the Internet itself, online marketing resources such as blogs,... Read More
Just this week, a member of my audience asked me... Read More
Generating buzz through word of mouth will help drive greater... Read More
How did Hotmail gain over 12 million subscribers in 18... Read More
I have been running tests on the use of Pop-Unders... Read More
The most basic question any Internet business owner will have... Read More
The story of how Hotmail moved from zero to a... Read More
- Are you tired of chasing down publishers just to... Read More
There are plenty of free tools online for marketing. And... Read More
If you get an email with a title like 'Don't... Read More
Most people looking to do business online have heard of... Read More
Victoria's Secret has about 1500 retail stores, a world class... Read More
It can be a challenge to market real/tangible products in... Read More
Having an eBusiness isn't just about getting gobs of people... Read More
TIME DEMON. For online marketers, time is one of their... Read More
Many people fail to realize how they can really make... Read More
I have become involved with many network marketing companies the... Read More
Since the internet happened, and everybody went for the gold... Read More
Whether online or offline, small businesses often show little faith... Read More
The bottom line is that there are plenty of really... Read More
You and I know that whenever you have a business,... Read More
Internet Marketing |