The Power of Niche Marketing

It’s puzzling to see a professional service firm who markets themselves as generalists, but an amazing percentage of law firms, accounting firms and consulting firms do just that.

In an attempt to maximize their income, these firms try to be all things to all people, perhaps worried that they may lose out on a potential client if they don’t cover all their bases.  However, being a generalist actually minimizes the impact of your marketing efforts, making you appear more generic.

Doctors have utilized the power of niche marketing for years, and it’s something we all can appreciate. If you had a problem with your heart, who would you feel more comfortable seeing, a GP or a cardiologist?  If you needed brain surgery, would you ask a general surgeon to operate?

Niche marketing helps you to:

1. Build your reputation as an expert in your field.

2. Gives your prospective clients a higher level of confidence in your ability to help them solve their problems.

3. Build expertise and experience in a specific range of cases or projects.

4. Make more money, get more publicity and command more respect.

If you’re wondering how you can attract more clients to your practice, consider tapping into the power of niche marketing and becoming the well paid, sought after expert that your clients are looking for.

Susan Martin, marketing coaching for professional service firms.

By Susan Martin

NYC based Business Coach, Consultant and Strategist Susan Martin is no stranger to entrepreneurship, as she spent the first 25 years of her career running her own successful companies before deciding to dedicate her work to helping others achieve "Business Sanity." A professionally trained business coach, Susan is a popular business workshop facilitator and speaker at events and professional groups in and around New York City. She helps business owners, executives, managers, salespeople and independent professionals stop struggling and learn how to run their businesses easily and effectively so that they can make more money, have less stress and more quality time to enjoy life. Susan's clients want to increase sales and profits, boost productivity, manage their time, motivate their employees, increase performance and leadership skills, plan strategically and have balance in their lives. She provides the guidance, support, encouragement and accountability needed to achieve their goals. If running your business is a struggle, contact Susan to find out how she can help.