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Sell
What People Are Buying
Are
you finding it harder than you first expected to build your
coaching practice and attract clients? If so, have a look at
what you're selling and who you are selling it to. Is it what
people are actually buying already in the marketplace? If not,
it's time to change.
You
see, I find many coaches choose their target market rather haphazardly,
if at all. Unfortunately, a lot of coaches make the mistake
of playing it safe by remaining a 'general life coach' and often
struggle as a result. This is a disastrous approach. Why?
There
are just too many generalist life coaches out there at the moment
and the marketing message is simply not compelling enough to
attract clients consistently. It's a well beaten path that leads
to a town called nowhere.
Please
appreciate that your choice of target market will determine
how easy or hard it is to attract clients into your coaching
practice. It therefore makes sense to make a wise choice.
We've
already covered the 5
criteria for a lucrative coaching niche in a previous newsletter
from way back so there's no need to go over old ground here.
However, I'd like to highlight a related criterion that is of
major importance to how good a choice of niche you will make
for your coaching practice...
Whenever
choosing a target market, I recommend you look for evidence
that people are already buying the specific type of service
you want to sell. This is a point of critical importance and
it's one that I can't emphasise enough.
For
example, let's say you wanted to focus your practice on working
with people who want to boost their confidence - this is just
an example - not a suggestion ;-)
Take
a look at the marketplace and see if anyone else is providing
similar services to that market. If so, you have a potential
niche market that you could focus your efforts on. If not, it's
back to the drawing board I'm afraid - unless you want more
frustrating times ahead.
Once
you have found evidence that a market exists for the type of
service you want to sell then it's relatively easy from there.
You then just need to develop a more distinctive and powerful
marketing message and get in front of those people.
Tips
for Choosing Your Niche
Here's
a summary of what you can do to begin to move yourself forward:
1.
Brainstorm niche ideas - Take the time to note down
all of the niche markets you could go after. Quantity is more
important than quality at this stage.
2.
Look for evidence - For each niche idea, take a look
at the marketplace to see evidence that a market exists. If
a market doesn't currently exist, then you have another choice
to make. You can either cross it off your list or persist
to become the trailblazer for your idea.
Note
that the latter approach will take more time and effort and
has a lower probability of success. It's far easier to satisfy
an existing market demand than it is to create a market demand
from scratch.
3.
Choose your coaching niche - From the niche ideas
that have and existing market, select one to focus your efforts
on.
I've
developed the Practice
Starter and Practice
Builder programs that will take you step-by-step through
how to identify the best target market for your coaching practice
and develop a plan to attract clients. If you'd like to find
out more then do let me know via e-mail.
So,
are you selling what people are buying?
With very best
wishes,
Shaun
Authentic
Practice
helping
coaches to get more clients
45 Capitol Court
Old Coach
Road
Wollaton
Nottingham
NG8 1GX
Website: http://www.authenticpractice.com
Tel.:
(0115) 928 3070 or (0845) 123 5105
Mobile: (07811) 262 111
I
work with coaches who have a strong desire to help others but
are currently struggling to get clients. I help them to attract
more clients and create a stable coaching practice to make a
difference in the world.
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