So how do you eliminate your competition without bloodshed? You must create a niche for your business. A niche is something that makes your business different from your competitors. To compete with other businesses nowadays (especially online) you need something that nobody else can copy. One of a kind!
First you must know who your competitors are. Is your business the only one of its type? I doubt it. If so, it won't be for long. Do you know your exact target audience? If not, you will have to find out this information before creating any kind of niche. Below are two ways to come up with a competition eliminating niche.
1. Just Ask! The first way to come up with a niche is to think like your target audience or customers. Know their exact needs, wants, goals, problems and interests. There're two ways to do this: The first way is to put yourself in their shoes, think like them. The second way is to give them polls and surveys to find out what they're thinking. Pick a niche that none of your competitors are using. If you can't find one that your competitors aren't using pick one to improve.
2. Just Think! The second way to come up with a niche is to use your brain power. Ask yourself questions like: How can I set myself apart from my competition? What could I offer that they can't? Imagine or daydream that your business is on top of all your competitors. What niche put your business at the top in your head? Now, if you keep asking these questions your mind will eventually start shooting out more ideas than you can handle. One of those ideas may be the niche you're searching for.
Now that you have your niche that's just half the battle. You must test it. Does your niche appeal to your target audience? Will it attract people away from your competition? If it does, you're done, until your competition comes up with a better niche. If your niche doesn't, than repeat the process above and test a new niche until it works. If you want to eliminate your competition and be successful you will use this process several times in your business life.
---------------------------------------------------------
Julia Tang publishes "Smart Online Business Tips", a fresh
and informative newsletter dedicated to supporting people
like you. To find out the best online business opportunities,
to discover hundreds more proven and practical internet
marketing secrets, plus FREE internet marketing products
worth over $200, visit: http://www.best-internet-businesses.com
----------------------------------------------------------
Clarity is an absolutely essential ingredient for you to achieve... Read More
1. Make a clear, specific commitment to what you want.... Read More
Millions of people start new small businesses in the United... Read More
In building and runnng an independent private practice or small... Read More
The 2004 election is over--at least in the minds of... Read More
You need sales and you wanted them yesterday. Here are... Read More
Talk to Your People Often By building a great... Read More
Did you know that there is one critical difference between... Read More
Many people find it really hard to write for business... Read More
Do your remember when you first ventured out in the... Read More
Business etiquette is essentially about building relationships with colleagues, clients... Read More
Either simply a looker-on or a player in the world... Read More
With today's technology and people's need for more information it... Read More
1. Admit there is a problem.The very first step in... Read More
Please don't think I am calling you a "moron" to... Read More
1.) Brainstorming for an idea - You must select what... Read More
My husband and I were enjoying our dinner meal one... Read More
1. Get to know people. First meet those people in... Read More
When sending mail to clients and potential clients, make your... Read More
As the holiday season starts to settle in, the workload... Read More
Studies have proven that there is one reason why people... Read More
Many businesses lose money yearly because they don't think creatively... Read More
One way to manage your time more effectively is to... Read More
For most business owners and entrepreneurs, preparing, and communicating the... Read More
If you are thinking of starting a new business, or... Read More
The number may seem grim for Web-based commerce. In 2004... Read More
The lack of strong boundaries is one of the chief... Read More
You're busy with your business today, aren't you?You're pushing your... Read More
A lot of people are at a loss when it... Read More
If you have a business on the Internet you should... Read More
If you are like me, you are living some distance... Read More
Let's put to rest the fallacy that success, in sales... Read More
Part Two of Cash to Cash Cycle SeriesNext: SalesWe've already... Read More
Proofreading may not be terribly fun, but it's one of... Read More
Almost daily, newspapers, business magazines, radio and television carry reports... Read More
The number may seem grim for Web-based commerce. In 2004... Read More
1. Admit there is a problem.The very first step in... Read More
How do you increase business profits? Answer the following questions... Read More
In my career, I have had a total of 3... Read More
Imagine if you were going to address a stadium full... Read More
As a counselor, therapist or healing professional (massage therapist, physiotherapist,... Read More
Cross cultural differences can and do impede upon communication and... Read More
10 Ways to Boost your ProfitabilitySo many business owners work... Read More
1) Prepare a realistic business plan.Think of this as your... Read More
Most people wish they read more. It is an activity... Read More
You're busy with your business today, aren't you?You're pushing your... Read More
Which one are you? An effective IT project manager, able... Read More
Getting focused on what you want to achieve and creating... Read More
This is a quick checklist of a few things that... Read More
The Ten Commandments of Goal Setting While it's good to... Read More
Here are a few ideas to get you started, all... Read More
Never in history have more entrepreneurs launched more new businesses!... Read More
You have seen their ads and you may have wondered... Read More
You have a great idea you know is a winner.... Read More
Your business card is a valuable piece of real estate... Read More
1. Great Things Take Time ? Three years passed between... Read More
Here are seven excellent ways to earn income from international... Read More
So many people I worked with said they got more... Read More
Only one of every 5 businesses makes it to its... Read More
1. Focus on the other Being known as a... Read More
Looking for an old friend? Want to know if your... Read More
Let's put to rest the fallacy that success, in sales... Read More
mistake #1: rely just on financial statementsProfit and loss, revenue... Read More
Email etiquette is the key to help calm down anxious... Read More
It is possible for small companies and individual business people... Read More
Authors/publishers are great at getting their books written. Entrepreneurs know... Read More
Top Quick Tips |