Creating Value Through a Micro Niche
>> Thursday, November 24, 2011
Many people understand the concept of niche marketing. With niche marketing, a business or individual targets a small market of buyers. For example, if someone is looking for home decorations, a niche company may offer realistic artificial plants for sale.
A micro niche takes a niche market to the next level. A micro niche wouldn't concentrate on selling home decorations, artificial plants, even a particular type of artificial plant.
A micro niche would concentrate on the materials an artificial plant are made of, such as PVC, polypropylene, bamboo, or hemp fiber.A micro niche has many advantages from a marketing perspective. When marketing a popular product, there will be many consumers looking to purchase this product. Unfortunately, competition is extremely high at the macro level. A search on Google for home decorations yields millions of search results, making it impossible for a small start up company to receive any visitors from search engine results. A search for the terms 'artificial plants home decorations' yields fewer search results, and 'artificial plants building materials' yields only a handful of relevant results.
By creating a micro niche, a company can leverage a unique product line to create a brand. A company that sells 76x76 paper rolls has an extremely large potential client base, but is faced with hundreds of companies offering similar competition. A micro niche may offer consumers the base material this paper is made of, allowing them to choose between wood-pulp, hemp, or fabric based paper. A micro niche usually concentrates on the base building materials of a product, but it can also concentrate on a finished product too.For exemple, the company could offer a finished product that uses 76x76 inch paper rolls, or offer a new type of printer dedicated to this type of paper.
When creating a micro niche, it's important to understand how Search Engine Optimization (SEO) works. SEO helps a business boost their rankings in a search engine. This creates increased visibility for a company, leading to more clients. Since a micro niche usually concentrates on a hard to find product, it's essential to make it easy for potential clients to find a company.
Make sure that the website offering a micro niche product has keywords that rank well in search engines. Many search engines like Google offer free tools to show what search terms are popular. Find keywords that are similar to the products a company is selling, and incorporate them into item descriptions and website design. It can be challenging to drive traffic to a micro niche website if it doesn't offer potential clients a 'roadmap' on how to reach the site.
So, in order to elevate yourself from the competitors, you should start thinking micro and make your product perfect. That way you can save money on advertising, reach your customers more quickly and generate first profits. This may possibly be the best advice you've been given so far

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