The Power of Niche Marketing

As a successful Virtual Assistant, the question Iproves to be the case. Niching is the same as
am asked most frequently by new VAs is whatsetting yourself apart from the crowd as a
is the one thing you wish you knew when youspecialist in your field of expertise. This act of
started. Without doubt, the answer is the powerspecialising tends to make us more appealing to
of niche marketing. When starting out, most newpeople in general. And just because you decide to
businesses try to be all things to all people. Thistarget one particular market with one particular
just is not feasible when you are running askill, does not mean you cannot still do other
business and leads to countless wasted hours -things or service other areas of the community.
not to mention dollars - chasing clients andIn addition, having a focused niche marketing plan
generally getting nowhere.means when you are making contacts, you are
Niche marketing simply means choosing that onenot confusing them with huge amounts of
thing you are particularly skilled at, or the oneinformation, giving intricate details of all the types
industry you know most about, and thenof things you can do. The contact loses interest
marketing that skill to that industry. As anvery quickly in this situation. Giving a statement of
industry grows - particularly, for example, theyour niche means the prospect has to do some
virtual assistant industry, with more operatorsof the work and make connections in their own
starting up all the time - you will need tomind as to what it is you do. Thus, there is more
differentiate yourself from the countless otherschance they will remember you than if you flood
who are doing the same thing as you. What is itthem with too much information. Using the above
that sets you apart? What do you want to beexample, after stating your niche to a prospect
known for?you may be asked the question: "So tell me more
For example, you may have spent a lot of yourabout the type of transcription you do? Is it tape
working life in a word-processing pool in a largeor digital?" You move then into a more general
law firm and decide you want to start up a Virtualdiscussion about your service, and this contact -
Assistant practice. So your target market mightwho may not be a lawyer at all - has just made
then be legal, and your skill would be transcription.a connection between you and a service (for
You would market legal transcription to lawexample, report transcription) he might need
offices - perhaps you might further specialisehimself.
within a particular area of the law (family,You might be asked a totally different type of
conveyancing, litigation); or you might target solequestion: "So does that mean you can do
practitioners or barristers. In this way, when youspreadsheets too?" This contact has now stated
head off to networking functions and are talkingwhat their need is and even though 'spreadsheets'
to prospective clients about what service youwas not in your statement of niche, you can let
offer, you give that simple statement of yourthem know this IS something else you offer and
niche: "I provide specialist legal transcriptioncan help them with.
services to sole practitioners". Your goal is to beBy concentrating on your niche you are able to
seen as one IN a million - not one OF a million.produce more focused marketing efforts and will
At first this may seem like you are limiting yournot fall into the trap of throwing marketing dollars
options for work but in fact the reverse oftenat every opportunity for very little return.