Jul
12
The Successful Business Life, Part 3
July 12, 2007 |
Lead in niche markets
Although I’ve rarely found the opportunities to do this personally, because I do not come from any niche, when I have done it and do it, it is always exceptionally profitable, and I’ve evolved into the practice of steering clients in this direction whenever possible as well as choosing clients to work with who possess such opportunities. Personally, I’ve made extraordinary profits in publishing, mail-order and seminar businesses in the niches of chiropractic, dentistry and professional speakers; and exceptional earnings by consulting in information product publishing and marketing, business opportunities, and TV infomercials (although I hasten to add, my total consulting activity is much broader).
Niche markets offer smaller opportunities than the mainstream, public marketplace, but they also provide a long list of appealing, offsetting benefits, including lower testing costs and investments, more predictable results, ease of message-to-market matching, affordable use of many media, high dollar units of sale, high margins, and so on. There is also this opportunity: to quickly and (relatively) inexpensively establish a visible, recognized leadership position.
Tags: dan kennedy, dan kennedy marketing, Dan Kennedys, Dan s Kennedy, direct mail, direct marketing, mailing list, small business, small business marketing, small business marketing ideas
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Jul
12
The Successful Business Life, Part 3
July 12, 2007 |
Lead in niche markets
Although I’ve rarely found the opportunities to do this personally, because I do not come from any niche, when I have done it and do it, it is always exceptionally profitable, and I’ve evolved into the practice of steering clients in this direction whenever possible as well as choosing clients to work with who possess such opportunities. Personally, I’ve made extraordinary profits in publishing, mail-order and seminar businesses in the niches of chiropractic, dentistry and professional speakers; and exceptional earnings by consulting in information product publishing and marketing, business opportunities, and TV infomercials (although I hasten to add, my total consulting activity is much broader).
Niche markets offer smaller opportunities than the mainstream, public marketplace, but they also provide a long list of appealing, offsetting benefits, including lower testing costs and investments, more predictable results, ease of message-to-market matching, affordable use of many media, high dollar units of sale, high margins, and so on. There is also this opportunity: to quickly and (relatively) inexpensively establish a visible, recognized leadership position.
Tags: dan kennedy, dan kennedy marketing, Dan Kennedys, Dan s Kennedy, direct mail, direct marketing, mailing list, small business, small business marketing, small business marketing ideasBusiness Essentials
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