How to Get from Market Niche to Passive Income in Three Easy Steps: Step 1, Your Customers

One of the surprising truths about marketing a product – a book, workbook, booklet, recording, etc. – is that the most effective marketing begins before you even decide which product to create.

It’s easy to be successful if you remember the ART of marketing:

A - Ask what your customers want

R - Review your strengths and interests

T - Tailor your product to capitalize on both

In this article, we'll take a look at what your customers want - to ensure that your product is one that will love, and purchase.

1 - What do you want to know?

In a nutshell, everything! Start learning what your customers want and need by asking questions like these:

• What’s the biggest problem that you encounter in your business (life, family, etc.) on a daily basis?

• What one thing, if you could change it, would make the biggest difference in your business (life, family, etc.)?

• What do you need to learn in order to do your job (increase balance in your life, etc.) better?

• Are there any books or publications that you’ve found particularly helpful?

• Of the following topics, which most interest you? (List 10-12 topics you think might be of interest to your audience; ask them to choose their top three, and then add in any topic they’d like that you didn’t list)

And my two favorite questions:

• What keeps you awake at night?

• What would make you deliriously happy?

2 - How and where can you get your answers?

It’s easier than you may think. Here are some places to start:

• Call or meet with several of your clients and simply ask them

• Use your newsletter: Ask the questions within an issue, or send out a special edition

• Create and use an R&D team

• Look at the helpful books/publications your clients and customers listed (section 1, above), and try to determine why they were selected

• Check your e-mail: What questions do your clients and customers ask you over and over again?

• If you know other coaches with a similar client base, ask them which questions come up most often with their clients

• Add an “Ask Kathy” page to your website, and invite readers to write in their questions (you can answer them online)

• Join online listgroups or discussion groups to learn the topics that capture your clients’ attention

3 - Rank your results

What are the top three topics, questions, or needs of your target audience? Write them down (yes, now).

If the product you create answers one - or more - of these questions, you're well on your way to success.

(More on this in my article, "How to Get from Market Niche to Passive Income in Three Easy Steps: Steps 2 & 3 - Make the Match," also available on this website.)

About the Author

Kathy helps clients get from 'idea' to 'action' to 'results' more quickly, and more easily - whether they're looking to write a book, develop a new product, or market their product or business. Kathy's clients really appreciate her direct, no-nonsense approach.

In a nutshell? Kathy is all about taking action - and getting exceptional results. Learn more at http://www.smARTbusinessCoaching.com

Written by: Kathy Gulrich