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Archive for April, 2011

Zoom In, Zoom Out, Repeat

Wednesday, April 6th, 2011

As the owner of a public relations and marketing firm, one of my first questions for prospective clients is usually, “Who is your target audience?” There are always an overzealous few who say, “Everyone! Our products/services are so great, so we target EVERYONE!!”

We’ve all heard variations on the phrase: “If your target market is everyone, you’re targeting no one.” Even so, the impulse reaction is to strive for as many customers as possible and if one could get “everyone” to buy…well, the whole wide world as a target market may seem ideal. Ideal, but not realistic. The woman who reads Vogue, isn’t usually the same woman who reads Woman’s Day. Or the woman who seeks commentary from Donna Brazile may say, “Snooki who?”.

When we hear the “everyone” response, we encourage those individuals/companies to truly explore who they want to reach. Asking yourself questions periodically during your business cycle can also help you to adapt to changes and the needs of your customers. You can then provide new solutions and update where you should focus your efforts.

A quick way to do this is to remember these three steps: zoom in, zoom out, repeat.

Zoom In On Your Target
If you could clone your favorite customers, what do they look like and how do they behave? Where do they shop? Who do they trust and where do they go for information? Are they faithful newspaper lovers or social media devotees?

Be very, very specific. Zooming in on your target will allow you to become familiar with a definite set. Yes, we’re all unique (just like everybody else), but in the general sense we can share some similarities as it relates to services and products. Zooming in will allow you to form focus groups, interview and interact with this niche crowd to find out how your business is hitting the mark or missing the mark. Everyone will always have opinions, and in business you can move in so many different directions if you listen to all of the noise around you. If you zoom in on one set, watch this group, listen, observe and gather their feedback, you’ll have a more focused approach on reaching your goals and continually growing your business.

Now…Zoom Out
Once you’ve identified who your ideal customer is (or who they are, as you may have a few select individuals who can identify with your business services and offerings), look at the broader picture of where these individuals fit.

Zooming out allows you to identify gaps that can help you develop or create new products or services. This may result in acquiring more customers who are in your target or creating a new market to focus on.

As you go and grow through business, you’ll go back and forth between zooming in, zooming out, and then repeating these steps.

Example:

Your concierge company is targeting the Boomer generation. Specifically Sandy. A working woman who is 50+, is married to a spouse who travels for work frequently, has two kids (one in high school and one in middle school, both with their own full social schedules), and she is active in her community through civic, volunteer and networking organizations. (Variables in the example may be that she is not in a relationship, the number and ages of the kids, groups she is part of, etc.)

Your concierge service makes the lives of women like Sandy easier, offering services ranging from picking up their dry cleaning to making sure that they’re aware of their high school kid’s soccer game. Sandy’s life is changing though. With the kids headed to college soon, she’s going to stay in the workforce a little longer and one of the major changes is that her aging parents (on her and her spouse’s side) have become a large concern. She’s so busy that she isn’t sure where to start when it comes to researching healthcare and services for her parents.

What does this mean for you? A new opportunity. Now you start to focus your services on the other aspects of Sandy’s life (zooming in on the specifics). You can now tailor your business (and marketing efforts) to recognize the challenges that Sandy has and how your concierge service makes things easier. If Sandy has these challenges, some of your other clients are likely to have them, too. Perhaps you will research doctor’s offices within a 15-mile radius for your clients, partner with companies and groups that may assist and essentially expand your service offerings. Your concierge business may now not only target the Sandy’s, but Sandy’s parents and offering your services to that set. You’ll then need to update your marketing materials to communicate to your clients that you’ll not only handle services as it relates to their immediate families, but also their loved ones; and perhaps you’ll create specific marketing for those loved ones. You’ve expanded your niche by zooming in and out on your target. Now repeat!

Nancy Vaughn is the principal, PR & Marketing Director at White Book Agency, a public relations, marketing and special events firm providing cost-effective communication strategies for entrepreneurs and businesses across the country.

How Do YOU Pronounce Niche?

Tuesday, April 5th, 2011

In line at Voodoo Doughnuts

We’ve all heard about having a “niche” business- that sexy French word we aren’t quite sure how to pronounce.  It’s root meaning is to make a nest, cubbyhole, or nook, while in the business world it means to incubate and create something unique.  The business press talks about “niche markets” and “boutique” creative shops that focus on a specialized corner of business.

I grew up on a strawberry farm and, at 26, got into the fair concession business with strawberry shortcake.  Over the years my business wandered into many extensions of the berry product line–baking mixes, mustard, honey, cookies–but the real profit always came down to basic strawberries.  After 22 years of showing up with shortcake at local festivals, many people still tell us they come just for the shortcake.  It’s a great focused niche that (knock on wood) I feel I “own.”

On the other hand, I wonder who opened the first shop that “reinvented” the cupcake? Nowadays, you stand in line at the gourmet cupcake shop in every neighborhood in town.  That was a great idea.

Speaking of lines, in a scene right out of “Portlandia,” I recently stood in an hour and a half line to buy four donuts ($8!) at Voodoo Donuts in Portland.  The donuts are great, but it was more about the “experience” of hanging in line and finally making it to the front.  This place is the niche-marketing poster child.  It’s so literally weird and funky you could never cut and paste its DNA somewhere else.

My current love-child niche is our CRAVE guides, featuring over 100 entreprenesses in multiple cities.   I wanted to celebrate women-owned businesses and encourage local communities to support them.  We have a very specific guideline when we curate our book and we stick with that.  Our goal is to be the go-to resource for each local community, to find and be inspired by the rock star women we feature.  A great joy is when someone reads our book and starts their own business because of the role models in their community.   We are not a guide for everyone, but in our niche we strive to make a difference.

Not trying to be something for everyone is something I think about a lot.  Honing down. Having a tightly focused target.  A 10% potential market is huge.  And it’s not about reinventing the wheel:  really good niches exist in the tried and true–Biringer shortcake, or in reinventing the tried and true–those cupcakes, donuts, or cups of coffee we stand in line for at Starbucks.

Take a look at some great examples of a niche business:
bellacupcakecouture.com
blowoutgirl.com
talksportytome.com
shishiputter.com
annesylvain.com
gothamorganizers.com
citytreehouse.com

Would love to hear what your niche is…

- Melody

Who Do You Help & Why Should They Care?

Monday, April 4th, 2011

The reason niche is SOOOOOO important is because you have to trust that only some people (and not EVERYONE) needs you. This is hard for people to do, and they make the mistake of being GENERIC in their branding and in their marketing approach. Bad bad bad!

There’s an entire universe out there of people with varying needs. This is way it looks like for them: “Blah blah blah, WOW, there’s something interesting. Let me take a look! WOW, this person really gets me, I wonder what else she has up her sleeve. WOW, she lives nearby and she’s offering her services in a workshop in just one week. WOW, where’s my credit card, I have to be there!”

In other words, you need to know who your neediest client is and target your message to them so that they see it. Like a ticker tape, your CODE and your LETTERS and YOUR WORDS stand out to them above all others.

See what I mean?

So, who do you help, and why should they care?

Here’s another way to think about it: If your client wakes up, and looks to the foot of the bed, what’s the first thing on her mind? What does her day look like? What things is she likely to be doing that day, or on any given day?

Now, how does YOUR solution fit in to this picture? What 3 problems can you identify that SHE HAS and what 3 ways does your SERVICE or PRODUCT solve her problems?

It doesn’t hurt to think of your ‘elevator pitch’ at the same time you write a paragraph describing your ideal client. Your elevator pitch is simply a one-word sentence that describes who you help. The formula goes like this:

I help people who __________________, and who want to _____________________ (or who feel ____________________, or who are unhappy about ____________________,) do _________________!

For example, my elevator pitch goes like this:

Hi, my name is Jillian J. Davis, and I help people who hate their job, wake up to work they LOVE.

And here’s how I’d describe my ideal client: She is extremely talented, sensitive, interested and interesting, but can’t seem to find work that she likes. She’s tried everything, and still, she hates her job, commuting, and feeling uninspired. She is aged 25-55 and she typically loves friends, family, exercise, fashion, spirituality, and growth. She just needs a way to discover her passion, and profit from it. She can be found anywhere one finds engaged,busy, interesting woman are found – salons, malls, gyms, book readings, bikram yoga classes, taking their kids to the library, and driving her kids back to college on Sunday a night.

I carved my niche by understanding who I most naturally relate to (adult women on the verge), and by thinking about what I want to communicate in this world before I die (be adventurous, original, and live your life’s work). Sound like overkill? But this is really what it takes to define your niche and make yourself stand out completely from the crowd.

Otherwise, you come across like old milk: Boring, tasteless, and easy to overlook.

Think of it this way: If you wanted to get married, you’d date a lot of men. But you only need one man, and you’re only going to choose the won whose mojo, essence, habits, heart, and story grabs you within a few minutes of meeting him.

This is how your audience and niche is going to react to YOU, too. They are going to get very excited when they realize you’re THE ONE to help them with their PROBLEM.

Think carefully about who wants to receive what you have, and tailor all your products and services to him/her.

What are you waiting for? Write that elevator pitch and describe your ideal client and put this on a flash card right over your desk and think of this person as you create your standout brochure or market your next event.

Jillian J. Davis helps people define their life’s work and live it. You can find her blog and more about who she helps atwww.jillianjdavis.com.

Introducing Our April Theme: Know Your Niche

Friday, April 1st, 2011

Happy April, CRAVErs! We are pumped about this month’s theme: Know Your Niche. We could all use some pointers when it comes to reaching our target markets, and we’re hoping to get the conversation rolling with insightful blog posts, thought-provoking questions, and idea-generating chats. At this point, we know that if someone asks you to describe your ideal customer or client, you should have a concise, specific response. “Well… my business is great because it appeals to just about everyone!” is not acceptable. If you can get as detailed as, “Her name is Kim, and she’s a 38 year old mom of 2 who loves pilates and her yellow lab,” you’re on the right track. Think of it this way: When presented with a list of people who varied in gender, job, location, age, interests, etc, ideally you’d be able to plant a big, fat bullseye on the individuals most likely to crave your services. Regardless of your business, it’s crucial to identify your target audience, know how to find them, and promote certain aspects of your business accordingly. This month’s theme is dedicated to honing “knowing your niche” into a fine art. Not only will you learn different strategies for identifying your target market, but you’ll come away with the tools to capitalize on that knowledge. Stay tuned for some juicy inside scoops!

Forming Your Cheer Team

Friday, April 1st, 2011

Who’s your best cheerleader? As the business owner, it should be you!

I’m always surprised when I come across companies and brands who don’t use their own [insert product]. If you have a t-shirt business, you should rock your t-shirt designs often. Jewelry business? Are you wearing the latest necklace or earrings from your collection? Writing instrument company? Tell the Mont Blanc in your purse to make room.

You’ve likely become comfortable doing some “hip hip hooray” for yourself on occasion. What if tooting your own horn is a weakness for you? Or maybe you really don’t have the time to “get your business out there.” How do you outsource something as precious as brand presentation?

When you’re looking for collaborators and people to outsource tasks like marketing, public relations, copywriting, blogging, social media outreach or management – what should you do? Try these quick tips to add some cheerleaders to your squad:

Referrals. Ask around. Find out who your associates, family, friends, neighbors, etc. are using for their services. Whom do they trust to let in our their brand promotion and how has it been? When you’re at your networking groups, let people know that you’re looking for assistance, whether it’s short or long term and your expectations.

Research. As a wise woman often says, “This is show biz, not show friends.” (compliments of co-city leader and CRAVE sister, Christy Schutz of CRAVE Tampa Bay). Even though you receive referrals, you want to make sure you research. What worked for your sister’s cousin’s boyfriend, may not work for you. Ask for portfolio items, samples and other recommendations.

Should you always trust what a Google search says about a person or company? Not necessarily, however, there are several people whom have saved themselves some grief by doing a quick Google search in advance on their prospective outsource-ee. Let’s say you have a company that may be working closely with anti-tobacco non-profits organizations, it would be beneficial to be aware if your prospective publicist smokes like a chimney and openly publicizes it everywhere via Facebook. If you can find it, so can your clients.

Relate. It’s important to form a connection between yourself and the person/company that is going to work closely on your brand image and promotion. Don’t expect to be best friends, but you should feel comfortable. Sharing what works, what doesn’t work, what you’ve tried and where you want to go.
Don’t just pay someone because they’ll move stuff off of your to-do list. Pay someone who is going to get the job done in a way that best represents your company and your brand.

Good luck on leading your team and forming your stellar squad!

Nancy Vaughn is the principal, PR & Marketing Director at White Book Agency, a public relations, marketing and special events firm providing cost-effective communication strategies for entrepreneurs and businesses across the country.