Skip to main content

Identifying your Niche Market

A little bit of Monday morning - back to basics reflection:

The Internet is really just a big gathering of a lot of
little niches. No matter your taste or desire, if there
is not already a website out there catering to you and
those like you, there soon will be. Unlike traditional
media such as print or television ads, Internet marketing
is ideally suited to efficiently convert members of any
niche into potential customers. From search engine
optimized websites to ezine advertising, Internet marketing
is finely tuned and will get the most out of your
advertising dollar. But before you decide on what marketing
strategy to employ, you first must define your niche
market.

For instance, if you want to sell a new method of making
coffee, which will help the customers get more caffeine out
of every bean, you need to decide who your customers would
be. You cannot presume that all coffee drinkers will form
your niche market. You must know the socio-economic level at
which your potential customers unite. Of course, those who
will be interested in getting more caffeine from their
coffee will belong to lower or middle income groups because
they value every penny and they need more energy. Unless you
consider these vital issues you would be wasting money if
you buy ad space in ezines dedicated to gourmet coffees.
Thus, it pays to know the socioeconomic relationship between
potential customers and what motivates them. It is easy to
sell your product when you know how your customers think.

The next step involves attracting the attention of potential
customers in the midst of thousands of websites trying to
sell coffee to people. You need to style your campaign to
capture the attention of your niche market. For that purpose
it is absolutely essential for you to know what unites your
customers on the socioeconomic level, in order to decide
whether a flashy campaign will attract them to your product
or a scholarly explanation of your method would be more
effective. Your aim is to get their attention and you have
to find out what excites them. It is essential to select
your line of approach.

Finally, if your product is really unique and your coffee is
genuinely better than the rest, you should use that as the
central point of your Internet marketing campaign. It gives
you a competitive edge over the sea of others selling
coffee. In case your product is just a different brand name,
then you will have to present it ostensibly and shout louder
than your competitors.

Online marketing today is the most efficient way of
targeting niche markets and drawing potential customers to
your website. However, to identify your niche market, you
need to explore the socioeconomic backgrounds of your
potential clientele, know what kind of marketing gimmicks
appeal to them and once you have their attention, convince
them about the superiority of your product or service. With
this three points covered in your strategy, you will not
only increase your customer base but your profits as well.


Desmond Mantor is the Marketing Manager for
Have Traffic
a business specialising in highly targeted traffic for
commercial websites. If you are looking for traffic
that performs better than pay-per-click visit
http://www.havetraffic.com


Ours is very much a product based niche strategy and we know very little about our actual or potential clientele and that does make it difficult to establish an appropriate tone of voice. So we have generally tried to keep it neutral but informative which may equate to dull - this is going to be a continuing challenge!

Popular posts from this blog

Worldwide audience

In the last month Download2MP3 was reached from 169 countries with the remaining gaps being a few countries in North Africa. These days most visits are going direct to one of the big name composer pages although the ragtime category is holding it's own. The last twelve months or so have been a dry patch interms of producing more recordings but I'm pleased to report that the technical issues which been related to various software upgrades. I have been using Cubase for at least 25 years not on an Atari but an Acorn with an external roaland Sound Canvas synthesiser which was purchased in London's Tin Pan Alley. Some of the steps that have got us to 10.5 have been very disconcerting but the truth is that there is nothing to campare with it for the work that I do. I have also acquired some exciting new instruments in the last few months to augment the stalwarts which saw this site get underway. So the Covid19 Lockdown is giving me the time to produce more recordings wh...
Persistance does it It is now 15 years since this website was launched. In that time we have had ups and downs - some associated with Google algorithm changes but this year we seem to have seen steady growth in visits and some dramatic download volumes. It looks as if we might reach 1000 giga bytes of download this month for the first time ever.  Our global reach is wider - although Indonesia and India still account for over 25% of visits we had visits from 126 countries in the last week exceptions include Uragauy and some sub sahara countries. The bulk come through organic Google searches with the next largest share coming from our daily tweets. 

Downloads a plenty

Hadn't really looked at the download stats in the new suite except to see what was managing to get into the top ten alongside Beethoven. So far this May we have had nearly 41000 complete downloads and 55000 incomplete downloads. As you'd expect the incompletes are concentrated in the popular long pieces like Beethoven symphony movements. For some reason (probably alphabetic do you think) Scott joplin's Weeping Willow was the least popular along with 50 others on just one complete download out of the 800different MP3 files downloaded. Perhaps more analysis later.