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Identifying your Niche Market
by Desmond Mantor
http://www.havetraffic.com
The Internet comprises of a whole lot of little niches that cater to the tastes
and desires of everyone like you and me. Internet marketing is different from
traditional media because it aims at converting members of any niche into
potential customers. It uses search engine optimized websites and ezine
advertising to make sure that you get the maximum out of each dollar you spend
on advertising. That is why it is most important to define your niche market
before you select the right marketing strategy to advertise your product
or service.
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.
There are hundreds, if not thousands, of websites out there
trying to sell coffee to people. So how do you anticipate capturing their
attention when they have so many other people offering essentially the same
product already vying for that attention? Now if you already know what links
your customers on the socioeconomic level, you should know whether a campaign
filled with flashy graphics and attention grabbing text will work best or
whether a scholarly explanation of your product would be more effective. No
matter the approach, you must get their attention!
Finally, why should any customer believe that you are selling something that is
unique? Is your coffee actually better than the rest or is it just another
brand among a sea of brands? If so, you have a true competitive advantage over
your competition and should use that as a focal point of your Internet marketing
campaign. If not, you better have some neat bells and whistles and be prepared
to yell louder than your colleagues.
Internet marketing is the most effective way of targeting niche markets to send
customers to your website, provided you can define your niche market first. You
have to employ the appropriate marketing strategy for which you must know the
socioeconomic links of your customers. You have to grab their attention by
convincing them that your product or service is truly unique. Having done your
homework well, you can hope to capture customers and the profits that come with
them with your Internet marketing campaign far more effectively than any other
means of advertising.
Desmond Mantor is the Sales and Marketing Director of
Have Traffic which
offers highly qualified traffic for commercial websites. Have Traffic's unique
system of pre-qualifying visitors has proven, in independent tests, more
effective than pay per click traffic. Please visit
http://www.havetraffic.com to learn more about double qualified traffic
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