The Power of Targeted Marketing
Occasionally I read some really compelling information regarding
business strategies and I'd like to share with you a concept in
the power of targeted marketing that has really caught my
attention. The idea in this concept is for a person to focus
his/her marketing efforts toward a specific audience who holds
an interest in the very product/service being sold. When
marketing strategies of this nature are applied, the results are
exceedingly more beneficial than when a more generally targeted
strategy is used. For example, if marketing to a general
audience who holds interests in a wide range of
products/services as apposed to a targeted, specific
product/service, the results in sales generated from this effort
would be greatly dimenished compared to the results in sales
realized through focusing on a concentrated interest among an
audience. The reason for this is because within an audience of
people with a large range of interests only a few of the people
will find interest in the product/service offered to them.
Conversely, when marketing to an audience of people who all hold
the same interest in the product/service being offered, every
single person in your audience is much more apt to respond to
the marketing efforts. This concept can be likened to a ship at
sea that is focused on a specific destination (or target.) If
the ship maintains it's aim toward the specific target, the ship
will effectively reach its target because of the concentrated
effort. However, if the ship is aimed in a wide range of
directions, the ship's target will in effect be missed and there
will be a great deal of effort and energy wasted as the ship
meanders here and there. Targeting a specific audience with a
specific interest enables you to avoid wasted marketing efforts,
time and money. And this is the true power that is found in
targeted marketing.
I hope this information will enable you to concentrate your
efforts for effective results. Joe Clinton.
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