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Marketing Articles > How to Find a Target Market...Guaranteed!
Niche Marketing Article
“How to Find a Target Market... Guaranteed!”
- by Andrea
Wilson
If you don't have a market defined yet for the product you have
in mind, you MUST RESEARCH until you find the RIGHT target market.
If you plan on writing an information product (e-book) don't even
begin to write it until you know who you are targeting. You might
end up writing the same e-book after doing your research, but with
a different twist or slant because you can see that a certain segment
of the population would particularly want to read your book. This
would be your target market.
Here's
How to Find Your Target Market Go through the Yellow Pages and
look for industries or professions that would benefit from your
product or one like it. You are looking for groups who already spend
money on ads. Go to the library and ask to see the Standard Rates
and Data Services (SRDS) catalogues.
You are looking for associations and trade publications for your
targeted group. Are there lots? Good. Call the publications and
ask for media kits and the last twelve issues of the newsletter
(They may only agree to send one or two. That's okay.). Place ads
in these publications to "test the waters" for your product. Place
a couple of ads with different headlines to see which one draws
better. Point these ads to your Web site where they can order your
product or get a free sample. Capture their email address and first
name. Why first name? So you can personalize your correspondence.
I've
Tested The Waters...Now What Do I Do?
If you have drawn good response from one ad, roll it out to more
publications. No luck, change the ad. Don't assume no one wants
what you are offering. The ad is critical.
Learn
to Write Sales Copy
This is one thing I heard over and over at every Internet Marketing
conference I've attended. You have to learn how to write good sales
copy. Several Internet Marketing gurus offer help with this. Buy
a book, download an e-book. Spend a little money in this area...it
will PAY OFF BIG TIME!
Research
E-Zines the Same Way as Print Publication
You can do this research for online publications (e-zines), too.
Here's a place to start: www.DirectoryOfEzines.com.
This is a directory of hundreds of e-zines that accept advertising.
Read the FAQ's on this site to get a better understanding of what
the Directory of Ezines offers.
Use
Surveys
If you have an email list, survey them to find out what problem
they are having that you could solve. How? Something you may not
know about. There's a survey service called One
Minute Poll. It saves you a lot of time creating a survey and
tabulating the results.
Build
Your Market's Trust
My sister Sue plans to write a cookbook some day. Will she have
every kind of recipe under the sun in her book? No, she'll write
something like "Sizzling Steaks for Seniors" and place ads in seniors
magazines and travel and leisure magazines. Why? Because seniors
reading these magazines have money to spend. If she has a Web site,
she'll make sure her URL is visible on all ads and in the book,
too. When they visit her site, she'll capture their name and email
address. This way she'll build her list and send out a monthly newsletter
full of great recipes, useful shopping ideas and food preparation
tips. When she writes her four-part series "Seasonal Sauteéing for
Seniors," will her target market buy them? Yes, because by now they
feel they know Sue. They've enjoyed her first book and received
all those monthly newsletters from her. They trust her.
Here are the three reasons people won't buy from you:
- they
have no interest in the product
- they
have no money
- they
don't believe you.
Will my sister's target market buy more cookbooks from her? Yes,
because Sue has worked to eliminate all three objections by choosing
a target market that buys cookbooks and has money... and she has
BUILT THEIR TRUST (they believe her).
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