Once you’ve figured out your niche (or you’ve at least narrowed it down significantly), it’s time to figure out what problems they are struggling with, and what they want by way of solutions. Remember, if you will only ask your market, it wants to help you create the products it wants to buy!
How do you find out what your target market wants? There are several ways to get this information and use it to help you create an offering that will solve your niche’s problems and make a profit for you at the same time.
The best way is to do your research. The most critical research to do is to join the conversations that your market is having:
Here are two ways to do this:
1. Simple: Ask them!
Ask your prospects a simple, open-ended question, like “What’s your biggest challenge with building your business online?” or “What’s the one thing you’d like to learn more about that relates to balancing your work and family life?” Tailor the question to your niche and use the information you receive to help spark ideas for new products and services.
2. Almost as Simple: Do a simple survey…
…that asks 1-10 questions using a survey tool like Zoomerang or Survey Monkey. This allows you to ask more specific questions to elicit more specific responses. Doing a survey like this really helps you to NOT waste your time creating offerings your target market simply doesn’t want.
Once you’ve figure out what your niche’s problems are, you can create or find the solutions to solve those problems. Your solution can be packaged in a variety of ways: an ecourse, a PDF manual, an ebook, an audio download and/or CD, group programs, teleseminars, e-manuals, etc.
Here’s a very simple process to follow to create a product to add to you funnel quickly:
1. Do a free or paid live class on your product
Once you’ve done your research and you’ve chosen a topic your target market is interested in knowing more about, offer a 1-hour teleclass on that topic. Cover three points and offer your solutions. Most important is to make sure you record the teleseminar, as this is what leads to a product for you.
As you’re designing your outline for the class, do so in a way that creates notes for your participant. (If you’re a member of my Coaching Cafe, you know that I give very detailed class notes, so you know what I mean by this).
As the end of your live teleclass, you’ll have the recording and notes to then…
2. Package it virtually.
Now you have the audio recording and notes to offer as a bundled product and…
3. Package it into a tangible product.
You can then take it up a notch and turn it into a physical product and offer it that way as another income stream for you.
And here are some of my other favorite tips for simple product creation:
– If you don’t have a list or access to a list, you can offer a free class on a topic and then charge people for the product down the road, or afterwards.
– Another option is to have someone interview you on your topic to create your product. You can offer the questions along with the interviewee’s questions. This is a good strategy if you don’t think you can get enough people on a call.
– You can record any live classes or workshops you’re holding as well, and re-package those presentations virtually or tangibly.
– Try to record everything so you always have the option to offer it at some level down the road.
– Promote your teleclass to your list, via colleagues who are willing to spread the word (especially if it’s free) and at teleclass listing services.
– Promote on the discussion lists and groups that you’re a part of, promote it there with permission and on the appropriate day.
– Pricing: If this is a new process for you, if you’re offering your topic for the first time and sort of feeling out your market, go with the lower end. If you’re putting together a 90-minute class with lots of comprehensive step-by-step information, charge more.
– When it comes to creating your big-ticket item, they can be created from all these little products along the way. So, if you were creating a product a month or every other month, that gives you 6-12 products at the end of the year that can be packaged together into your big ticket item.
Are you like many online business owners who are confused or stuck when it comes to creating a unique, memorable, and authentic brand? If so, you're not alone. I've been there myself, so I understand the frustration of feeling stuck on this whole branding thing.
But once I discovered that if I looked at it from a completely different perspective, that my brand wasn't just about my business, but about ME, everything shifted.
Creating your brand from the inside out allows you to fully step into your business identity in a truly authentic way. It's also the easiest way to stand out in the sea of others who do what you do.
So, if you're stuck, let me give you three things you must be clear on in order to create a truly compelling and unique business brand.
Strategy 1: What results do your clients experience from your service?
One of the exercises I do with my Platinum clients is have them generate a long list of the results their clients get from working with them.
You can easily do this right now. Just complete this sentence 30 times:
The results my clients get from working with me are ___________________________.
If you get stuck, here's my secret: Send this question to your clients so they can tell you the kind of results you're helping them create!
For example, when I asked my own clients this question, here's some of what they shared:
"The results I get from working with Alicia are…
– clear, easy to follow instructions on strategic Internet marketing techniques
– insightful advice from a trusted mentor who understands my business
– generous knowledge and expertise, honest feedback and support, focus and direction
– more clarity on which steps to take to experience more alignment with my business/life purpose
– I now see the bigger picture and base my decisions on the whole of my business, rather than just the next thing.
– stretching me in ways and areas that I could/would not do on my own.
– more clients, more money and more fun in working with my business.
– getting me out of my comfort zone so that I discover what is possible when I play a bigger game.
– more clarity and awareness around time sucking activities that I am engaging in so that I can STOP doing them.
Strategy 2: What are you an expert at?
Once you have a solid and in-depth grasp of the value you bring to you clients and the results you help create with them, you should easily be able to define what it is you're an expert at.
Complete this sentence: "I'm an expert at________________________."
Strategy 3: What does your brand promise?
Let's take it one step further…
Your brand promise is a statement that is pretty specific. It's true regardless of the program, product or service you may offer. No matter what the program, product or service, it always fulfills your brand promise.
And just to be clear, I'm not talking about your marketing tagline. What I'm talking about goes much deeper than that, to the very core of what it is that you are so passionate about providing to others.
My brand promise is, "I passionately inspire women entrepreneurs to breakthroughs in their business so they create the life they ache for."
So, my Platinum programs, Online Business Breakthrough Brainery, 21 Easy & Essential Steps to Online Success System and Take Action Group, Coaching Cafe, and the rest of my offerings all fulfill this brand promise.
Here's one from one of my Online Business Breakthrough clients, Dale Carter at TransitionAgingParents.com:
"I provide trusted information and personal insight to inspire adult children to passionately pursue, for their aging parents, the quality of life their parents hunger for."
So everything that Dale offers to her specific market fulfills this overarching promise. Dale knows what she is an expert at and that shows up in her brand promise very clearly.
So, what does your brand promise? What is it that your clients can count on you for?
The formula for an effective, compelling, memorable, authentic, fun and fabulous brand is really very simple:
"I get X results for my clients, which makes me an expert at Y, which means they can count on me to provide Z."
Voila!
(c) 2009 Alicia Forest
About the author: Alicia M Forest, MBA, 6-Figure Business Breakthrough Mentor, teaches self-employed professionals how to attract more clients, create profit-making products and services, make more sales, and ultimately live the life they desire and deserve. For FREE tips on how to create wild abundance in your business, visit http://www.ClientAbundance.com
Recent Comments