A true and very productive niche is something that evolves over time. And it can take many months to really brand and position yourself firmly within a niche. If you are just starting out and want clients quickly, my best advice is to focus your marketing on the people you already know and let your niche, if you choose one, develop in time.
If you are well trained as a coach and put in the requisite ongoing marketing efforts, it is possible to coach without a niche. However most coaches experience significant advantages in focusing their marketing efforts towards a particular set of clients. In other words, if you choose the right niche - that is a great fit for your passions, expertise and experience - for a given investment in marketing you will receive a much better return. And as the profession of coaching grows it will be even more important to have a niche.
The rationale for choosing a niche is that if you focus on a particular group-who understands and values your expertise-you can become a well-recognized big fish in a small pond. Further, because you know their particular challenges, the solutions they are looking for, the lingo, and habits of your target niche, you can focus your marketing efforts and achieve better returns for a given marketing effort. Ultimately, as you become established in a niche, more and more clients will come to you.
For example if you happened to have 10 years of experience working in small business, you would know what the top challenges small business owners face. You would know how to recognize their strengths and weaknesses. You would know what associations or trade fairs they go to. You would know the periodicals they read. You would talk their language. And most importantly you would know how to package and price your coaching services so they were seen as an attractive solution to your niches' most common existing problems. Finally, you would appear a much better choice to the members of this niche, than another coach who did not have the same depth of experience.
In professional coaching, there are some broad and clearly defined specialties such as life coaching, career coaching, business coaching, corporate coaching, executive coaching, etc. Within these general categories hundreds and hundreds of niches are evolving. New niches are appearing all the time.
Sample Niches
Here is a small sampling of niches.
Life Planning
Teens
ADD
Health and Fitness
Spirituality
Transitions
Relationships
Parenting
Women's Issues
Christian Coach
Gay Community
Dating Coach
Personal Empowerment
Stress Management
Speaker's Coach
Marketing
Business and Administration
Emotional Intelligence
Writing Coach
Corporate Coach
Leadership Coach
Executive Coach
Business Coach
Start-up Coach
Small Business Coach
CEO Coach
Within a broad niche you can further specialize. For example, you would be in a primary niche if you were a small business coach. If a niche is deep enough, you can further specialize and become a small business coach for retail stores. Or further, a small business coach for start-up retail stores.
Monday, April 26, 2010
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great post
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