EPISODE · Jul 26, 2021 · 7 MIN
How to niche your coaching business
from Better Bolder Braver · host Frances Fogel, Cheerleader-in-Chief
Taking a scattergun approach to reaching your market is a strategy that rarely works well. After all, if you’re aiming at nothing specific, then ‘nothing’ is likely what you’ll hit. If you’re a coach, better to have a specific target in mind and aim accordingly. Which brings us to the question, how to niche your coaching business? However, trying to niche your coaching business, or any business for that matter, can feel daunting. Often, the assumption is that you’re narrowing your market, limiting your business. But in fact, niching isn’t about restriction, it’s about focus. To use an analogy: when Ford (or VW, or Seat, or whoever) design a car, do they try to create a vehicle for everyone? No, it’ll be an SUV or a runaround hatchback or a pickup truck, etc. depending on who they hope to sell it to. Each of those vehicles addresses a specific set of needs. It’s the same with establishing yourself as a coach with a specialism: you’re focusing on a specific group of people and their particular goals. Why bother? Because then you can focus all of your attention, services and marketing on this individual group of people. Which will save you time, money, and a lot of energy. Learn more and join the community at: betterbolderbraver.com
What this episode covers
Taking a scattergun approach to reaching your market is a strategy that rarely works well. After all, if you’re aiming at nothing specific, then ‘nothing’ is likely what you’ll hit. If you’re a coach, better to have a specific target in mind and aim accordingly. Which brings us to the question, how to niche your coaching business? However, trying to niche your coaching business, or any business for that matter, can feel daunting. Often, the assumption is that you’re narrowing your market, limiting your business. But in fact, niching isn’t about restriction, it’s about focus. To use an analogy: when Ford (or VW, or Seat, or whoever) design a car, do they try to create a vehicle for everyone? No, it’ll be an SUV or a runaround hatchback or a pickup truck, etc. depending on who they hope to sell it to. Each of those vehicles addresses a specific set of needs. It’s the same with establishing yourself as a coach with a specialism: you’re focusing on a specific group of people and their particular goals. Why bother? Because then you can focus all of your attention, services and marketing on this individual group of people. Which will save you time, money, and a lot of energy. Learn more and join the community at: betterbolderbraver.com
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How to niche your coaching business
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