What is the one thing each of us wishes we had more of? Time. Because we all have way more to get done each day then we actually have time to accomplish, we start looking for shortcuts that will make things easier. Online banking? Check. Delivery service for everything from dry cleaning to dinner? Check. If we want to spend our money, we want to make sure its giving us something in return, not causing us more work.
Which is why simple messages always work. Look at your favorite products and services. Do you have to think before you buy? Or do they convince you before hand that you will be making the right purchase from someone you can believe in and trust?
Makes sense, right? Yet its amazing how many entrepreneurs manage to confuse what should be a simple process.
1. Problem: Too Many Areas Of Expertise
Having more than one niche you can focus your energy on may seem like a good thing up front. And it does offer you the ability to pick and choose what you want to do each day.
Yet the problem with being good at everything is no one will understand the one thing you are really great at. Instead of being the go-to person for one area of focus, you will be the catch all person that picks up things when no one else comes to mind.
Solution: Niche and segment
Its okay to have more than one love. But if you combine them and try and get your clients to understand your two different niches, it may be a chore. Consider a photographer that loves weddings and product work for catalogs and magazines. Both are photography related and can showcase your creative side. Yet weddings may be considered a bit “frilly” for commercial work. Some executives that would happily hire a seasoned commercial photographer may have a bit of reluctance when they see you compete for weddings on the side. Different mentality. Different areas of expertise. And sometimes the image of what it takes doesn’t cross over from industry to industry.
I would suggest creating more than one website if necessary, allowing each of them to focus on the area you are promoting to each set of clientele. Don’t hide the fact you cater to different industries. Just don’t focus on it where a potential client can spend a lot of time reading about the other niches you cater to. [Read more...]