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Don't Click Here Unless You Want to Make Lots of Money from Coaching or Consulting
Maria,
First of all, I've seen your articles come across my desktop for the past few years. You have a great talent and a lot of knowledge to share with others. The advice that Andrea, Michael, and Ankesh have shared is excellent and is 100% true. _______________________________________________ Allow Me to Share My Experience with You... _______________________________________________ ...but before I do, this message might NOT be for you (or others). You see, if you're happy doing coaching and you're satisfied with making a medium income, what I'm going to share with you might not be of interest to you. The reason I say that, is that I have worked with many business owners and coaches that are comfortable with their business and don't really want to make a LOT of money (usually because it means more effort on their part or they're comfortable trading their time for dollars). _______________________________________________ If I Had to Do it Over Again I Would Have Never... ________________________________________________ ...started my Marketing Best Practices business. You see, its a general small business marketing company and really doesn't target any one niche. Bad idea. I still make quite a bit of money from this company selling information products but it still doesn't bring me the income that my niche marketing practice does. _______________________________________________ After A Couple Years I Finally Took My Own Advice... _______________________________________________ ...and began my niche consulting practice in the spa and pool industry (yes, you read that right...spas and pools). You can read more about how I've done that and the results I've achieved on this site www.Market-Your-Services.com I have never sold a spa or pool. Don't know how their built, nor do I know any of their features, but what I do know is how to get people "in the door." And that's what I teach spa retailers and pool builders. My list to that industry is 3,500 today and will be over 8,000 by the end of the speaking season. I make twice the money sending a single email to that list than I do my 40,000+ Marketing Best Practices list. Why? _______________________________________________ It's All About Niche Marketing... _______________________________________________ People want products built especially for them and their unique situation. They'll pay more money, they'll pay it faster, and they'll pay it again and again if you provide EXACTLY what they want. So my advice...STOP working on your general web site. (I have) and START working on a niche. ________________________________________________ I Work with a Lot of Coaches and Most Experience Two Problems... ________________________________________________ 1. They're afraid to niche themselves for fear that they won't have a big enough customer base to market to. (I only have about 10,000 spa and pool people in my niche) and... 2. They don't know "how" to niche themselves. Let me just give some final thoughts about the second point. ** Niching can be as simple as taking three testimonials from customers in the same industry and promoting your product as a solution to that industry using the three testimonials as your "proof." ** You don't necessarily have to have experience in the niche, although it helps and gives you a "story to tell." ** Pick a niche that you can easily and affordable market to! I had a business coach just buy my Small Business Marketing Bible the other day. She told me her niche was to "help people re- connect with the outdoors." There are two problems with this type of niche... 1. How are you going to find people who want to re-connect with the outdoors. Where's the list? (there might be one...haven't looked in my SRDS) 2. Do these people feel that it is a big enough problem in their lives that they would actually PAY MONEY to someone to help them solve it? Very doubtful. I would never pick a niche that I couldn't easily and cost effectively communicate with. _______________________________________________ When You Start to Niche Yourself You'll Immediately... _______________________________________________ ...find that... 1. Your reputation will be spread faster. 2. People will be willing to pay you more money 3. It will be easier to sell your products and services 4. People will come to YOU for speaking engagements 5. Referrals will start flying 6. Your marketing costs will go down 7. Your solutions will become more precise and effective (because you'll more focused on a fewer set of problems) 8. You'll find it easier to create "marketing systems" that bring predictable results 9. You can start more profit centers such as, "mentoring groups", "bootcamps and seminar", "outsourced marketing services", "group coaching" etc. etc. etc. 10. You'll be able to leverage yourself and your time much easier. 11. And lastly, your website will start working like a well-oiled machine (which is what you said you wanted) Whew! Hope that helps... David Frey Author, The Coaches and Consultants Marketing Bootcamp The Coaches and Consultants Marketing Bootcamp |
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