Women In Business Have Unique Challenges Part 1
Written by Jane Morrison
Being a woman in business can be challenging. It is important to know and focus on your target market in order to be successful in your business. In this article, I will show you how to do just that.
When it comes to the sexes, men and women in business have different ways of going about it, and techniques for men don’t always work if you are a woman in business.
In my research I’ve discovered the top issues that women need to overcome if they are going to be successful.
The first issue that women have with business is identifying their target market. Most women do not want to limit themselves to one target person or group. They feel that will limit their income and they may be missing someone that could use their services or products.
While that is a valid point, the opposite is true. By focusing your time and energy on one target market you will make the most income. Other people outside your target market may come to you, but identifying a target market will allow you to effectively market to your clientele.
I'm reminded of a chiropractor I once met in my business networking group. Each week he would stand up and say his perfect client was "anyone with a spine." I had a difficult time thinking of a good referral for him, the vision was quite broad. His was not an effective way to communicate about his services.
Later I met a chiropractor who claimed a target market of high school athletes, in particular, football players. He himself had played varsity football when in school. Now he got me thinking about my son who played ball and got crunched around, as well as several of his friends, and I was able to provide him with repetitive business based on the vision he painted for me of his target niche.
Of course the same chiropractors could provide services to others, and he did, but he got his customers in the door with one main focus.
When you focus your time on your target market you will be able to find them in the different places where they are. You will be able to focus your time on marketing your business and you will be able to help them out and build trust with them. This is the best way to make sales no matter what you offer.
Sometimes women don’t know who their target market is. You need to sit down and look at what you offer and who would use it. If you have a product or service that can be used by a number of different groups, you need decide who you want to work with. For example, if you are a business coach, your target market could be men or women. If you enjoy working with women and helping them reach their goals, then your target market would be women in business. With that, you need to put yourself in front of that group. Don’t target a group that you don’t like to work with because all that is going to do is make you unhappy and you won’t reach your own goals.
Deciding on your target market and focusing on that group can be difficult to do, but, it’s something you need to do to be successful with your own business. Give it a try; I'm sure it will bring a big impact in your bottom line.
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