Small
Business Marketing: Specialize or Generalize ?
There have been many great
points raised on both sides of this discussion. In order to make a
final decision, we must look at how the business world is moving
and at the purchasing patterns of the consumers who will be
utilizing your services.
The Internet has changed the
way people look for services (personal and professional). For
example:
If you do a search in Yahoo for a Personal Coach you will get 1.4
million matches.
If you refine your search to Personal Life Coach you will get
760,000 matches.
If you refine your search to Personal Career Coach you will get
below matches.
If you refine your search to Weight Loss Coach you will get 80,000
matches.
(search result numbers are subject to change)
Once you have selected the area
of specialization you are interested in, you can then drill down
into the results by location or other qualifying factors. As we are
spending more and more time online, our patterns are shifting and
adapting to more effectively navigate the over-abundance of
information available. Web users know that in order to avoid a list
of millions of possible matches, they must be more specific in
their requests.
Generalizing - The
Benefits:
As a generalist you aren't limited in the type of clients that you
can work with. Everyone is pressed for time; having one coach who
can handle all aspects of your goals (personally and
professionally) as opposed to multiple resources each with a unique
area of focus would be of certain benefit.
Generalizing - The
Challenge:
The trade off is assumed to be that if you are a generalist in all
things you are not an expert in any of them or at least in most of
them. To state that one individual can work on any aspect of any
business and/or in any area of a person's life and still achieve
success is unlikely and may be interpreted as unrealistic or
exaggerated on the part of your potential clients.
Specializing - The
Benefits:
As a specialist you can attract a client based on his unique needs
then share the wide range of additional areas you can bring benefit
too. Each person wants the best for themselves and they perceive
their situation to be completely unique. Specializing places you in
front of the right client at the right time.
Specializing - The
Challenge:
Initial pool from which you can draw clients is potentially smaller
(but more refined), your copy must be more targeted, and you may be
vulnerable to economic swings in specific market
segments.
The concept of moving towards a
more specific or niche approach to positioning and promoting your
practice is becoming the standard in business. Building an
environment that allows you receive the benefits of being
positioned under Specialist and Generalist is one of the
foundations of www.ldurandconsulting.com
Have a successful day! Leslie
Durand, Marketing Coach and Emarketing Specialist
Leslie brings over 10 years
experience in new media marketing to every project and a unique
coaching approach to every client relationship.
www.ldurandconsulting.com
|