Who is My Market? It's Smaller Than You Think
by Ilise Benun & Peleg Top
Many designers believe that marketing the widest range of services to the
largest possible group is the path to success. You’d rather be a generalist
because you think you’ll get more business.
But in reality, it
doesn’t work that way.
In fact, success comes to those who focus on the
smallest number of activities most likely to yield the quickest and largest
return.
What really lets you dominate the market and get more
business? Specializing.
It is tempting to position yourself broadly, but
if you want to be credible, you must limit your offerings. Without some
specialization, you would not be able to provide a coherent message to the
marketplace, nor would you be able to qualify potential clients quickly, which
leads to wasted time and effort.
We live in the era of the specialist.
In fact, the larger your target market, the more you need to specialize.
Being a generalist, trying to be all things to all people, doesn’t sustain
long-term business growth because you never create an identity and you never
focus on a market that identifies you as their expert. Instead, you’re a
blur in the mind of your market.
In order to rise above the
information overload that bombards your clients, you must distinguish yourself
from all the other designers clamoring at your clients’ doors. The only way to
make a strong enough impact in the minds of your prospects so they choose you is
to be clear about what you stand for: your focus or area of expertise.
If
you still resist specializing, what you fail to understand is that your clients
need you to specialize in exactly the service they need.
They don’t want
to be your guinea pigs.
They need to know they are dealing with an expert
who serves their particular needs, who understands the specific challenges they
face. They need you to have explicit experience that will help them.
That’s what will make them feel more comfortable choosing you. That’s
what will help them sell you to their managers.
Four Strategies for
Specializing
1. Start out broad and evolve your specialty
If you
are a new designer, you may be a generalist simply because you don’t yet know
what to specialize in. That’s fine, but as you begin to work with your clients,
be attentive to what they are asking for and what they seem to need without
knowing it. Then start giving it to them. Ask yourself questions like: “Of all
the services I offer, which one is being requested most often? What do people
seem to be the most perplexed about? What new technology do people need to
understand?”
Anticipate the needs of your clients, and evolve your
business to satisfy those needs. Start focusing your services and proclaiming
your specialty as soon as you can. It will snowball. The more you talk about it,
the better the response, which gives you more opportunities to learn more about
and reinforce your specialty.
2. Focus on an industry and offer them
multiple services
Focusing on a vertical industry allows you to market
yourself the most efficiently. You will get to know the industry and the
people in the industry, who will talk to each other and spread the word about
you. You can join the main trade organizations and use the member directories,
which means that your list of prospects can be found all in one place. You can
speak at conferences sponsored by the industry to increase your visibility and
credibility. You can get your articles printed in online and offline trade
publications for maximum exposure.
In addition, you’ll be able to make
the most powerful statement to your clients: “I really know your business.”
Nothing has a stronger impact. You will become an expert not only in your
business, but also in their business, which becomes one of your most important
benefits to your clients. As you get to know them, as you watch their industry
grow and change, you also evolve your services to change with the industry,
adding and subtracting services as needed. By letting the growth flow from the
needs of your clients, you grow your business organically, which makes less work
for you.
3. Focus on a special skill or talent that you have that fits a
very specific need
You also can approach your specialty from the opposite
perspective: identify your skills and talents, and then approach the prospects
who may need them. This is much less efficient because it means you have to
repeat the same message, or a slightly revised version of the same message, to
different industries over and over again. It’s hard to build momentum when
you’re spinning many different plates, so this is not the ideal strategy. But if
you are expert in your particular skill—for example, web design or annual report
design—and you are willing to do extra marketing of your own services, then take
that as your specialty.
4. Focus on companies of a certain size
A
company’s challenges often are a function of their size. Small-business owners
face different challenges than Fortune 500 companies. They have different
budgets, different processes and more (or fewer) layers of bureaucracy. You can
market to a variety of industries if you specialize in the challenges
faced by companies of a particular size.
It Helps to Have More Than One
Area of Expertise
Specializing doesn’t have to limit you to just one
area. In fact, the ideal situation is to have two areas of specialty. Then, if
your particular niche becomes the epicenter of an economic downturn, you have
the flexibility and the agility to shift gears and pursue another avenue.
Specializing also doesn’t disallow you from taking jobs that are outside
your market. But that decision often will depend on how hungry you
are, what’s currently on your plate, what projects are pending and which
prospects you are pursuing. The important thing is to be honest with your
prospects about your skills in terms of their needs. They may have heard such
good things about you that they want you
anyway.