Your Target Market is the group of people you’ll offer your services to; such as Management Professionals, Attorneys, Single Parents, Parents of Teens, etc. And within that target market, you’ll identify your Ideal Clients to who you’ll be selling your life coaching services.
b) who can afford your fees
In order to make sure your Ideal Client pays attention to your messages and takes action, you have to be very specific when choosing your target market. You can’t just say I’ll provide my services to a broad target market such as “women, men, single moms, people who want to bring change into their lives, or people in transition” because that is still way too vague.
When defining and choosing your target market, there are many things to consider.
The key is to really understand what motivates your target market – what are their needs, wants, and burning desires. When you have such a level of understanding of your ideal client, you can sell them the right service or product.
The Problem with Being Too Vague:
I see many life coaches who keep their target market and marketing vague, offering the “be everything to everyone approach” and it’s really tough to make that work as a small service business owner, selling a premium-priced service.
These Life Coaches (consultants or speakers) who try to cater to everyone might believe that by keeping their options open, they can serve any type of client, giving them a higher chance to get hired; however, for 99% of coaches, the opposite is true: when your marketing is this (mega) wide, no one really hears or notices you.
→ What will you blog about? How will you ensure that your ideal client will be excited for each of your upcoming blog posts?
→ What will your YouTube videos be about? Will your subscribers stay subscribed and excited for each new video, or will they unsubscribe after a few (unrelated) videos?
→ What will your webinars be about?
→ What types of posts will you post on social media…?
Bottom line is, without clarity of WHO your ideal client is AND without know WHAT their challenges or burning desires are, your marketing is equal to target-shooting in pitch dark and hoping to hit the target.
It is crucial to Identify your Ideal Customer – or the Persona of Your Ideal Client – and know her as intimately as humanly possible:
If your ideal client was approached by a genie and offer them to resolve one (or 3) of their challenges, what would they choose?
What are her beliefs? And more importantly, what are her Limiting Beliefs? (why isn’t this need fulfilled yet?)
If you don’t already know the answers to the above questions, try surveying your existing clients and past clients; as well as your ideal clients who gather in groups (fb, li, etc.). Or get the research from others who already conducted similar inquiries.
If you are conducting your own research, ask your ideal clients a few questions about themselves – about their challenges, goals, etc. – whatever is relevant for you to know in order to serve them best.
In return for their answers, offer them a free gift or something of value, just to get that feedback (some even go so far as to give away $10 to $25 amazon gift cards). This information will be extremely valuable to you (not to mention that – if the survey is not anonymous – you’d be able to offer your service to those who obviously are a great match for your coaching).
You need to be able to relate to and empathize with your target market, identify their problems and show how your solution solves that problem or need. If you think too generally about your target market (or your offer), your ideal client will NOT even remotely realize that you could help them and it’ll be tough to get anyone excited about anything.
What I’d like you to walk away from reading this, is to realize that you will sell your services way more easily to a highly-targeted group of people than trying to approach everyone with a general offer. Leave general marketing to Amazon.com, Wal-Mart, and other huge companies; and decide to specialize instead!
Click HERE for 4 Steps on Finding Your Ideal Niche –Create Your Customer “Avatar” – or a Good Description of Your Ideal Client. Become crystal clear on WHO will your coaching services help.
The better you know your ideal client AND your ideal client’s needs, the easier it will be to:
1) find them and offer your coaching, programs, or products to them; and
2) to create (marketing) messages and web-presence that will engage your ideal clients’ attention and increase their desire to explore your offers.
Make sure to invest adequate time in this exercise, as your entire marketing will be built on this. After all, when you have a clear idea on who your Ideal Client is, it will become effortless to talk directly to “that person” — yes, “that person,” as we’ll narrow it down, actually, to one person that embodies your ideal client. Some even go so far as to print out a picture of their ideal client and keep it in front of them, each time they communicate with them (write an email, prepare a webinar, create a course, etc.)
a) Make a list of types of clients you’d really enjoy working with AND who have a burning need that you could resolve – such as overwhelmed managers who want to increase their productivity; parents struggling with a relationship with a teen child; attorneys who want to improve their public speaking skills, etc.
* – try to be as specific as possible
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b) When you look at the list you created above, WHO would benefit from your coaching the most? Who out of those potential ideal clients has a need so burning that they’d be willing to pay to resolve their need?
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c) WHAT exact challenge(s) or strong desire of this ideal client did you identify? Make a list and identify their top 2 to 3 most burning challenges or needs:
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d) HOW will your coaching help them? WHAT transformation will they experience as a result of your coaching?___________________________________________________________________
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e) Where are these people? (Or rather, this person?) Can you easily find them? Can you easily get in front of them?___________________________________________________________________
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(worth repeating)When you become clear on WHO your product will help; HOW will it help them; and WHERE can you find your ideal clients, approaching and enrolling your ideal clients into your programs will become almost effortless.
If you’d like feedback, post it below or send me a message with the description of your ideal client
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