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Broad marketing -vs- Niche marketing
 
By Will Moore
 
Marketing strategies vary for all sorts of reasons, the most
important being the return on investment. Niche marketing has
proven to be a top marketing strategy that has a high R.O.I. For
instance, ServicesAreUs.com caters:
 
 * first to those that want a home based business, * then to
those that want an online home based business, * then to those
that are interested in a specific home based business
opportunity (Google Adwords, Adsense, Affiliate marketing, etc).
* How to create a website that search engines will reward with
high page rank. This strategy has proven to work well for those
who do not want to limit their field of competition to one
niche. This broad marketing strategy is used to allow webmasters
to take advantage of multiple niches within one market. Niche
marketing is an important factor in eCommerce. As stated above,
because I have started with a broad market I am able to also
targeted niches within this market. This will allow
ServicesAreUs.com to be an authority on online home based
business strategy, planning and opportunities. 
 
With niche marketing you are unable to compete in broader areas
of your market without possibly misleading search engine robots
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 your 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. Don't worry about making
a mistake like this because if you are consistently doing
research on your market (broad or Niche) 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 multiple 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.
 
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. 
 
While there are many marketing strategies and tips you can limit
the headache by concentrating on mastering one before
integrating or moving to the other.
 
About the author:
Will is the developer of Services Are Us, the
online resource for information on Internet Marketing and how it
is used to monetize various online business opportunities..

 

Gifts at BrianTracy.com

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