In the last two posts we have been outlining the seven reasons why, as a coach, you must niche. This post continues with reasons 6 and 7.
Reason 6. Your positioning and pitch are easier
Your pitch for what you do is easier when you’re a specialist in a niche. As you have focus, and you know what the issues in your client’s niche are, you can readily articulate both the common problems and your solutions.
Your pitch is more relevant to your market as you give exactly what is needed, no more, no less. And as a result, you’re more likely to get excellent client satisfaction ratings, which help with testimonials and referrals.
Reason 7. Coaches who niche simply make more money
If the previous points have not been persuasive enough, here’s the kicker. Coaches who have a clear niche make more money, have fuller practices and find it easier to get new clients. One of the highest paid coaches in the world is Chris Barrow, who focuses on teaching dentists how to make more money in their dental practice.
He has one focus, and that’s where all his effort is expended. And his clients reward him as a result.
Bonus Reason
The whole is greater than the sum of its parts. You may have noticed that when you niche, all the above reasons work synergistically in your favour.
When you know your clients’ biggest problems a number of things happen. You appear intuitive and well organised. When you can reel off the top five problems your client is likely to experience, you immediately increase your authority and standing.
When you know your clients’ problems you can more easily create products and services to help them. Having these products and services available makes promotion and PR easier still.
And more PR opportunities result in more exposure for you, further increasing your credibility. Introductions are easier if your clients have already heard about you.
All of this supports your getting more coaching business. And that’s why we’re here, is it not?
Summary
The last few postings have described the seven reasons that you must have a coaching niche.
The question is, are you going to make the most of these benefits by identifying a coaching niche and making your own? What actions are you going to take over the next thirty days to bring this about?
About this article
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Alun Richards helps coaches find and reach their coaching niche. Discover yours with my free mini-course, “Discover Your Coaching Niche”, available from http://www.brandingyou.org/ecoursesales.html