Posted by Melissa Balkon.
Posted by Melissa Balkon.
To Niche or Not to Niche
Last night’s Commpose meeting involved a short discussion on niche markets. The topic was met with mixed feelings. Following the meeting, I began thinking more about the concept of working within a niche and had a few thoughts to share. I have been listening to the Marketing Mentor Podcast for some time now, and its creators tirelessly promote the need to specialize your services towards a specific market. One of the things that I have learned from this podcast is that a niche market can be defined in many ways. When people hear the term niche-market they generally think of industry specialization. However, having a niche doesn’t have to be defined this way. You can look at your specialization from many angles: by industry, by service type, by voice, by demographic, etc.
Take my business for example: most Commpose attendees know by now that I am an amateur/aspiring writer and a designer by profession. In my design business, I specialize in working with small businesses who desire a polished image. Everything I do is focused around this mission: my service, timelines, pricing, and the value that I build into my service. Thats the benefit of having a niche—you are able to tailor your services so that you become indispensable to your market. It tooks some time to get to this point, but over the past years I’ve finally learned that just love to work with little businesses and help them use their resources to create a strong face for their business.
However, a small design firm like mine could take several other approaches: they could be the design firm known for working in a specific business sector, the firm who only works with high-end clientele, the firm known for their logo designs, or the firm known for working in a grungy style—they could even be positioned as the ‘cheap firm’ or the ‘fast firm’ or even the ’slow and tedious’ firm. Likewise, a writer could be known for writing for the financial services sector, or one who writes creative copy, or descriptive or technical copy, the writer who writes formally, conversationally or sarcastically, the writer known for editing (as is last night’s speaker, Jennifer Halloran), or for writing press releases, articles or web copy—you could even further specify these markets if you chose to.
My point is that I vote for specialization. Narrowing down a niche for your business is a really positive thing. If you are just beginning your business, developing your niche is a process that can take some time. You will probably need to experience several styles of work before you are able to determine not only your passion but what you excel at and can profit from. While uncovering your niche helps you reveal who you are as a writer, this process will also help you be able to better market and explain your speciality to potential clientele. And clients are drawn to a clear-headed, focused service provider.
Thanks, Melissa! I brought up this question during the meeting because I think I have waaay too many passions. My greatest fear is becoming the guy that is a jack of all trades and master of none. On the other hand, I don’t want to be stuck doing one thing forever just because I decided long ago that it was my specialty. Hopefully as I grow I can become both focused and flexible at the same time!
Great post Melissa! In the past, I had a difficult time getting a job because I was, as David says, that jack of all trades and master of none. I would be one of the final 2-3 people and not be selected because the other person had extensive knowledge/experience in some area that I only had average knowledge/experience. Even though I was probably more well rounded, they differentiated by specific skills. I’m so glad to have connected with the Commpose group to continue building on my strength of writing. It sure is hard to focus on fewer things since as a Gemini I am naturally multifaceted with many passions.
I couldn’t agree more with niche-ing. Every writer has strengths and weaknesses. As long as your weaknesses aren’t so glaring that they cost you freelance business or a job opportunity, then I believe you should focus on developing – and marketing to – your strengths.
For example, a younger writer may be hindered most by a lack of experience. This could cost her freelance business or keep her from landing a desired job. So broad writing interests and a willingness to tackle projects that pay less simply to expand horizons is a good route—especially when it comes to stacking enough billable hours to keep the mortgage paid.
A more experienced writer, say a veteran catalog copywriter, may have an opportunity to write a press release. But dedicating hours to the press release project at a non-expert rate would cost her the opportunity to dedicate those same hours to catalog writing at her expert rate. Then again, if she can command that same rate on either project, bully for her!
On a personal note, I’m still trying to find my niche. Right now, it looks like B2B technology copy. It’s not sexy, but the checks don’t bounce. >:-)
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Great write-up, Melissa! I agree whole-heartedly with your stance, and it’s what I often have to convince my clients of on a daily basis. Everyone wants to do everything, and by narrowing down their services, they think this will cause people to overlook them – but more often than not, it does the opposite. Unfortunately, I have trouble thinking this way for myself! My first instinct when hearing that I should choose one specific area to focus on is, “how boring!” But when I dig past that initial thought, and think about the areas of writing that I truly love, that could never get boring to me! Ever.