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Hocus Pocus? It's Just Focus!
How many times have you wondered what magic formula the top Net earners were using?
There really isn't any magic involved. No magic wand or success secret that only a select few know about.
Making money on the Net boils down to one...
The New State Of The Art Method For Making Money With Joint Ventures
If you are anything like me, you spend a lot of time researching joint ventures and going through the chore of analysing all the joint venture proposals you get on a daily basis in your inbox. I've often wondered if there was an easier way to find...
Turn PPC Campaigns into Riches using Affiliate Storefronts.
Why pay more "per click" when you can "bundle" your most profitable affiliate programs, into a well-presented website? Let your prospective "PPC visitors" be the solemn judge of which product ultimately matches with his / her interests, by...
Why Post in Forums to Promote an Internet Business?
Some people feel that it's a waste of time to post in various newsgroups and forums to promote an internet business. After all, most forums just do not allow advertising. You can't reach many prospects at a time, and it takes way too much time to...
Your Pink Spoon Promo Checklist
Copyright 2005 Alicia Forest
One of the most effective ways of getting people to discover and
try your products or services is by offering a Pink Spoon - a
taste of what it is that you offer. Pink Spoons come in many
forms: an ezine, an...
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What "Big Pharma" Can Teach You About Niche Marketing
A recent newspaper review of a new book, Selling Sickness, got me thinking about niche marketing (The Globe and Mail, Saturday, August 6, 2005, D8-D9). The book in question considers case studies that purport to show how “Big Pharma” (the entire pharmaceutical industry, from manufacturers to drug salespeople) manipulates data to “create” a disease that they have the “cure” for.
Regardless of how one feels about the pharmaceutical industry, the book does demonstrate one thing—the ability of this industry to correctly identify small-but-profitable niches and exploit them for huge profits. The book, as indicated by the reviewer, identified a “familiar pattern” for the “selling of sickness”:
A pharmaceutical company identifies a wedge condition, set of symptoms, or “risk factors”; hires a PR firm to come up with a “disease” name, ideally something catchy with a pronounceable acronym (e.g., SAD); develops a drug, or adapts an existing one, to tout as a “fix” for this new medical problem; and begins massive marketing to physicians and the public. The media pick up the story, suggesting that the “new” disease is greatly undiagnosed/undertreated; the market expands; drugs sales rise. And voila! Another blockbuster is born. (Direct quote from the
review)
Do you see the building blocks for a niche business in this description? Following Big Pharma’s lead can help you begin a small niche business and grow it into a financial success. Simply follow these steps:
1. Within your industry, identify a “wedge” that you can target.
2. Create a fancy way of describing the number one problem your product or service solves; make it stand out from any other site that offers the same thing.
3. Demonstrate, by way of strong benefits, how your product or service will solve the problem.
4. Tailor your marketing efforts to your “wedge” by these means.
5. As your marketing catches on, you will grow from marketing to just a “wedge” to marketing on a larger scale.
6. Voila! You have your own niche blockbuster business!
Such a process certainly takes time, but these 6 steps provide a solid foundation for any niche business to gain a foothold and grow into a success.
About the Author
Jeremy M. Hoover is an online article and content writer. If you need articles for promotion or for your website, contact Jeremy at his website, www.jhooverwebcopy.com . Read more marketing articles by Jeremy at his blog, www.jhooverwebcopy.blogspot.com .
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