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| Created by Kimberly Kline |
But what does it really mean?
And, more importantly, How can You do it?
We decided we needed to look inward and find out what was important to us and our company focus. What we discovered is that when we identified our “why”, the rest fell into place. We shared more about this in our blog post, “I Know Why I Do What I Do”.
We knew our passion was to help small business owners and women in business find their own success. After all, I was both of those things and knew first hand the struggles they faced with money, marketing, and having to do it all.
Through this process, we were able to identify our target market. This was our niche, and where we needed to focus our marketing efforts.
For us, that came from playing to our core values. The key is to think about your own life experiences and what means the most to you. Out of this Your Niche will become clear.
Know Your Customer
With whom do you want to do business? Be as specific as you can. Consider going after a client your competitors are not addressing.
Everyone knows the old adage, “You can’t be all things to all people”. And that is especially true of a Small Business. The more specific you can be in defining your target market, the better.
We realized most background check companies were looking for the big contract. They were not interested in the smaller business that may only be hiring a couple times a year (or less). This is where we chose to place our focus.
Know What You Have to Offer
This goes beyond your product or service. What specifically can you provide your target customers? What problem does it solve? Why would they buy from you?
Your goal should be to find something that you can do that will distinguish you from your competition.
We knew we could provide our target client with something the bigger companies would not ~ customized service. Our specialty became our ability to provide our clients with the quality employment screening they needed for a price they could afford.
If they only needed one county criminal check ~ fine. If they wanted us to simply verify an applicant’s education ~ no problem. Our niche was not to pitch for the “big sale”. By listening to our clients, we honed in on exactly what they really needed, and that is what we offered.
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