Benefit from differentiating market niche and offer
Business → Marketing & Advertising
- Author Molly Gordon
- Published March 20, 2006
- Word count 581
One of the reasons that professionals resist choosing a market niche is that they confuse niche and offer. Think of your market niche as the location or domain in which you make your offer.
By contrast, your offer is who you are and what you do. Your niche is where and with whom you do it.
Here's an example of differentiating market niche from offer based on my client's coaching practice.
Her niche is working with independent professionals and artists to craft prosperous businesses or careers that fully align with their values, aspirations, and desired way of life.
The offer that she is in this market niche distinguishes her from hundreds of other business coaches. As an offer, she is a gifted somatic coach, helping her clients embody success. She is an artist and a business owner herself, and her coaching springs from a deep personal engagement with the concerns that her clients bring to the work.
The offer that she is also includes her spiritual beliefs and practices, her training as a singer, her skills as a writer and editor, her passion for learning, and much more. The offer that she is, in short, encompasses a lifetime of experience - past, present, and future.
When she tried to discern a market niche based on the offer that she is, she was stymied. Was she a somatic coach? A creativity coach? A spiritual coach? Every niche seemed to be a too-small box, a dead end that limited her as an offer. When she conceived of niche as a location relative to the people she can best serve, niche became a refined point-of-focus for her unlimited and unique offer.
Having chosen a niche (or, more accurately, having acknowledged and accepted the niche that chose her,) she is now committed to honoring standards and boundaries that support that niche. She refers prospective clients who do not fit her niche to other coaches. She is careful to clarify her market niche whenever she writes or talks about her work.
By focusing her niche marketing strategy in this way, she can make a very strong impression. So can you. What's more, referrals have increased substantially. Every time she refers a prospective client who wants career coaching or some other service that she could easily do but that does not fit this niche, she creates a source of referrals. The client she turns away knows where her offer is of maximum value. He knows that she has the integrity to work within the domain in which she offers the greatest value. He won't hesitate to send people her way when they want business or marketing support.
Showing Up in Your Market Niche as a Powerful Offer
I used to see people's eyes glaze when I tried to tell them what I did. I knew I was losing them, but I didn't know how. Now that I name my niche before I describe my services, it is easy for people to connect with what I am saying.
There's a paradox in naming your market niche. When you give people a category to put your products or services in, it is easier for them to get a handle on what you do and to remember it. It's also much easier for them to appreciate how you differ from other professionals in that category. In other words, by putting yourself in a category, you can also make yourself stand out because you distinguish yourself from others in that category.
Molly Gordon, MCC, is a leading figure in business coaching, writer, workshop leader, and a frequent presenter at live and virtual events
worldwide. At [http://www.authenticpromotion.com/niche-marketing/index.html](http://www.authenticpromotion.com/niche-marketing/index.html), you can join 12,000 readers of her Authentic Promotion® ezine to find more sound advice on small business marketing.
Article source: https://articlebiz.comRate article
Article comments
Related articles
- Do Compelling Marketing Pictures Unlock Sales Potential?
- Become an SEO Expert: The Benefits of Certification
- 8 Essential Steps for Hiring and Collaborating with Commercial Photographers
- Marketing Strategies for Mooncake Suppliers: Standing Out in a Crowded Market
- Discover The Hottest TikTok Trends Taking Over Your Feed!
- How Crypto PR Exists Beyond Traditional Marketing
- How To Automate Affiliate Marketing?
- Effective Marketing Strategies for Tradies: Boost Your Business in 2024
- The Dos and Don'ts of Creating Engaging Online Content That Keeps Your Readers Coming Back
- Unleash Your Inner Artist with Google's Mind-Blowing AI Generator!
- The Impact Of Social Media Algorithms On Marketing Strategies
- Redefining Success with a Holistic Approach to Marketing Measurement
- Dong Yuhui being accused of being racist against women because refusal to sell women's underwear.
- Creating Buzz in the Hallways: High School Advertising Techniques That Get Results
- How does social media marketing tie into a digital solution service?
- Custom DVI Cables: Everything You Need to Know?
- Diet Plan for Weight Gain
- Navigating the Dynamic Landscape of Hot Trends in SMM Panels
- Unveiling AI Brilliance: Leonardo Laboratories at the Fore of Innovation
- Unlock Your Career Potential: How Our Digital Marketing Institute Can Propel You Forward in Mumbai
- Social Media Marketing: Harness the Power of Online Platforms for Success
- Growing Your Business Online: How Gardeners Can Utilize Digital Marketing
- Measuring and Boosting ROI Across SEO, Email, & Social Media
- Navigating Challenging Business Conditions: The Power of Strategic Marketing
- Unlock Your Style: Fortnite Skins for Sale
- The Ultimate Guide to Color Grading: Techniques and Tools for Beginners
- Here Are Some Effective SEO Strategies For Startup Success
- How to Create an Effective Business Marketing Plan
- Traditional Direct Print Marketing Isn't Dead: Unveiling Its Untapped Potential
- New Age Student Recruitment: How AI is Revolutionizing International Enrollment