Niche -vs- Broad marketing
Niche marketing
Marketing strategies vary for all sorts of reasons, the most important being the return on investment.
For instance, ServicesAreUs.com first caters to those that want a home based business. Second, to those that want an online home based business. Third, to those that are interested in a specific home based business opportunity (Google Adwords, Adsense, Affiliate marketing, etc). I've taken the broad market: Home based business and used content to cater to the Niche of choice.
How to create a website that search engines will reward with high page rank (one way to get multiple hits to your website).
This strategy has proven to work well for those who don’t want to limit their field of competition to one niche.
Because I have started with a broad market I am able to also targeted niches within this audience. This will allow ServicesAreUs.com to be an authority on online home based business strategy and planning.
With niche marketing you are unable to compete in broader areas of your market without possibly misleading search engine robots and users about the theme of your website.
If I were a Niche website I’d target only a small segment of home based business opportunities. For instance, financial management, legal, home office setup, etc either one would be a good start for a Niche website.
Niche websites when structured correctly are very successful, since there are numerous avenues you can use to market to you're audience. The mistake novas online marketers make is not knowing the size of the market they are catering to. Some may think they are catering to a Niche market and it turns out to be a broad market.
Mistakes like these are great because if you are consistently doing research on your market you will catch it soon and make the appropriate adjustments to your strategy.
Remember, mistakes are how we learn but research can prevent you from making some mistakes in the first place.
Many Niche marketers sell products such as downloadable books (eBooks) which is very profitable because when done correctly you have a targeted audience you can in most cases sell to many times over.
For instance, a “managing business finances” ebook may be attractive to those who purchased the “managing family finances” ebook.
Niche marketing is a great fit for those that have a tangible product. Many niche marketers use Affiliate marketing to assist in product sales.
Broad marketing on the other hand starts from the top of a market then branches out like roots on a tree. If structured correctly a broad marketing website will allow you to offer your audience more information on you're general/broad subject.
Broad markets can compete with niche markets on some of the more targeted subnets. Some Internet marketers market via blogs which have proven to be as lucrative as having your niche or broad market on a website. The exception is that a blogs allow its visiters to comment on each article.
While there are many marketing strategies and tips to effective Niche marketing, you can limit the headache by concentrating on mastering one before integrating or moving to the other. Niche is no better than Broad markets and vice versa. You must know which market you are in to effectively provide it with what it wants.
About the Author
King Moore is owner and developer of ServicesAreUs.com an Internet home based business website that provids information on how to start and maintain a successful online home based business. http://ServicesAreUs.com
Tell others about
this page:
Comments? Questions? Email Here