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Market Segmentation Target Market

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Have you ever attended a seminar expecting that it will either eliminate or reduce doubt, confusion, ignorance or fear? Most everything taught in seminars is designed to do one or more of those things. If you're like most of us, you've returned more than once from an event without the solutions you sought.



How does it feel when the speaker's material has no relevance to your concerns? How does it feel when the speaker is unable to make the material relevant to current events that have derailed you? For me, if the lecture, sermon or presentation has no relevance to the challenges (personal or professional) I experience, the speaker hasn't done his/her job.

I count on the meeting planner and event organizers to attract speakers who can solve problems relevant to the organization. It's your job as the speaker to match your expertise with organizations that can benefit from your expertise.

In selecting your target market, determine exactly how your talent, skill and expertise is relevant to the specific needs of each audience to whom you would have the privilege of speaking. As an expert who speaks, you're in the privileged position of influencing the lives, practices and attitudes of others.

Most of us read the newspaper and are a little more informed of conflict, corruption and crime, less secure and a little more disturbed by man's inhumanity to man. We don't actually do much with that information, except possibly become a little more suspicious of the behavior of others.

Convert the time you spend reading newspapers and magazines into a more productive practice. When you read current events in newspapers and magazines or on the Internet, begin to analyze whether or not the subject of the article ? a trend, an industry in crisis, the restructuring of an organization, a merger or acquisition, a cultural concern - is one from which your expertise can benefit.

For instance, when organizations downsize or merge, imagine what issues the leaders are facing with employees and managers. There could be anger, fear, insecurity or a rise in stress-related illnesses. All of these reactions cost the organization money in the long and short run.

Put yourself in the position of the people in the story. How could your expertise help them? Can you create order where there is little to none? Can you inform them of some historical significance that can put things in perspective to redirect negative behavior to a more proactive and productive pattern? Can you teach coping mechanisms such as anger management or communication skills or techniques which improve performance and lower health costs for companies?

Will telling your personal experience, your rags to riches story or your philosophy move them past limited thinking?

How can your expertise improve production and decrease turnover?

It's a fun exercise to pick up a copy of the corporate meeting planners directory or a national association directory and scroll down the list. Ask yourself if and how each organization can benefit from your presentation.

You may decide that your target market is made up of independent contractors, entrepreneurs and commissioned sales people. You may find your target market is direct selling companies, multi level marketing companies, insurance and real estate companies.

You may be fortunate enough that your expertise satisfies management, sales and administrative audiences. Where can you find organizations which represent the interests of each of those groups?

Identifying your target markets will direct how you write your copy and what you put in your promotional package. The more precise you are in targeting your market and defining your niche, the easier it will be for you to secure engagements and properly direct those who represent you.

Mary McKay is a booking strategist for speakers, authors, leaders, experts, top producers, and cultural heroes who want to secure paid speaking engagements. She systematizes the booking process to uniquely position the speaker, optimize the appearance, generate referrals and enable more revenue potential through product sales. Visit her at or call 949-429-6646.
Market Segmentation Target Market
"What's my niche?" you ask. Your niche is your special place, position or forte. It's the "thing" you do that sets you apart from the competition. Among hand analysts, my niche is business clarity and business marketing. Some hand analysts I know focus on relationship harmony while others focus on healing or creating more organization in your everyday life.

Once you determine your niche, you then need to figure out the market that wants what you have to offer. This is your "target market."

The Clue Phone is Ringing - and it's ringing for YOU!

That's right! YOU are your target market. Finding people like you, with similar interests and similar problems they want solved, takes a lot of the guesswork out of figuring out whom exactly you are here on the planet to serve with your business. And make no mistake - the PURPOSE of this human experience is to SERVE - serve yourself, serve your friends and family, serve your clients and serve the planet.

To delve deeper into the specifics of your target market, write out your own biography in long hand, including your age, physical description, hobbies and relationship status, and take some time to study it. Where might you find other people like you whom have had similar experiences and have similar hobbies? Are you single or married? Childless or a parent? An athlete, bookworm, cook or all of the above?

Now, choose your two FAVORITE activities and set out to meet similar people who engage in these activities. I'll give you an example. I am a spiritually-oriented entrepreneur and I love to learn by going to information marketing seminars. Where do you think I find my target market? At seminars attended primarily by spirit-minded women entrepreneurs who want to use information marketing in their businesses. Basically, when I do what I love to do, I find the people who love to buy what I have to offer. Make sense?

Easy as 1-2-3. :-)

Here's my Coach's Challenge for you this week: Make that list of your 10 favorite books I recommended earlier to see what your niche interests are. Then make a list of where you can meet people like yourself to share your business with. Finally, GO to one of those places and observe, mix and mingle.

Copyright (c) 2008 Elizabeth Davis
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Both Admin & Elizabeth Davis are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Admin has sinced written about articles on various topics from Infidelity, Tax and Class Action. Mary McKay. Admin's top article generates over 368000 views. to your Favourites.

Elizabeth Davis has sinced written about articles on various topics from Self Confidence, Family and Public Relations. Beth Davis, "The Hand Analyst," is a professional hand analyst/palmist and winner of the 2007-2008 Glazer-Kennedy Information Marketer of the Year Award. Get her free special report, "The 5 Massive Mistakes Spiritually-Oriented Women Make in Business and. Elizabeth Davis's top article generates over 4400 views. to your Favourites.
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