|
|
|
5 Tips & Tricks for Effective Online Shopping
5 Tips & Tricks for Effective Online Shopping By Pradeep
Aggarwal
At the dawn of the new millennium, E-Commerce or Online shopping
has gained momentum in America and elsewhere with more and more
people buying and selling online. According...
MLM Success - Potential or Promise?
I've been taking a close look at a lot of the MLM success type advertising that people do for MLM online. And to say the least, it's amazing.
It's hard to believe that MLMers, or MLM wannabe's, actually still think that people will believe you if...
The Most Deadly-Effective Trick of Online Marketing that Hypnotizes People to Flash out Their Credit Cards Instantly!
I just finished reading another sales copy ending with the Deadline Marketing! And it's the sixth I see today saying "If you order by midnight, blah blah blah...." I'm sure you've seen it. And I'm sure you're getting (if not very) a little bored. ...
Turn Your Old Articles Into Profitable E-mail Courses
If you've written numerous articles, you can use them to further promote yourself and your business, e-zine or web site. You can re-use your old articles by transforming them into another form of promotional tool. And one way to re-use them is...
You Gotta Think -- Strategic Internet Marketing!
You Gotta Think -- Strategic Internet Marketing! - Mark Williams © Have you ever been lost in the woods - wondering around aimlessly, not knowing where to go or what to do next? Most online marketers are lost in the woods of the internet. So if...
|
|
| |
|
|
|
|
|
|
What "Big Pharma" Can Teach You About Niche Marketing
A recent newspaper review of a new book, Selling Sickness, got me thinking about niche marketing (The Globe and Mail, Saturday, August 6, 2005, D8-D9). The book in question considers case studies that purport to show how “Big Pharma” (the entire pharmaceutical industry, from manufacturers to drug salespeople) manipulates data to “create” a disease that they have the “cure” for.
Regardless of how one feels about the pharmaceutical industry, the book does demonstrate one thing—the ability of this industry to correctly identify small-but-profitable niches and exploit them for huge profits. The book, as indicated by the reviewer, identified a “familiar pattern” for the “selling of sickness”:
A pharmaceutical company identifies a wedge condition, set of symptoms, or “risk factors”; hires a PR firm to come up with a “disease” name, ideally something catchy with a pronounceable acronym (e.g., SAD); develops a drug, or adapts an existing one, to tout as a “fix” for this new medical problem; and begins massive marketing to physicians and the public. The media pick up the story, suggesting that the “new” disease is greatly undiagnosed/undertreated; the market expands; drugs sales rise. And voila! Another blockbuster is born. (Direct quote from the
review)
Do you see the building blocks for a niche business in this description? Following Big Pharma’s lead can help you begin a small niche business and grow it into a financial success. Simply follow these steps:
1. Within your industry, identify a “wedge” that you can target. 2. Create a fancy way of describing the number one problem your product or service solves; make it stand out from any other site that offers the same thing. 3. Demonstrate, by way of strong benefits, how your product or service will solve the problem. 4. Tailor your marketing efforts to your “wedge” by these means. 5. As your marketing catches on, you will grow from marketing to just a “wedge” to marketing on a larger scale. 6. Voila! You have your own niche blockbuster business!
Such a process certainly takes time, but these 6 steps provide a solid foundation for any niche business to gain a foothold and grow into a success.
About the Author
Jeremy M. Hoover is an online article and content writer. If you need articles for promotion or for your website, contact Jeremy at his website, www.jhooverwebcopy.com . Read more marketing articles by Jeremy at his blog, www.jhooverwebcopy.blogspot.com .
|
|
|
|
|
|