354. Do you need to niche down?

In a saturated marketplace, it is crucial to niche down.

With so many online entrepreneurs, it's more important than ever that your message is clear and people readily recognize that you hold the key to the solution they need. How can you accomplish this? By niching down. When you niche down, your message becomes uber clear, and you have more opportunity to stand out amidst the sea of online noise.

What does it mean to niche down?

If you think you can help everyone, you will ultimately help no one. That's a zinger. But it is a harsh reality.

When you talk to everyone, the people you can best help may not recognize that you are speaking to them. Your message should be so clear that it both attracts your ideal client and repels those who are not a good fit.

Niching down means narrowing your scope, but that doesn't mean you are limiting your business. There is no need to fear a decrease in revenue or experience a scarcity mindset.

It means you will become so clear on what you do and who you serve that there is no doubt by anyone who comes across your content or website. When that happens, your best-fit clients will know you are the one to follow and ultimately hire.

How do you approach narrowing your scope and identifying your niche?

The best way to approach niching down and identifying your niche is to think about an hourglass. The top of the hourglass is full, just like your brain is full of ideas and ways you can help many people. But here is where your message is unclear until you have narrowed it down with specificity.

Start small and expand. This philosophy is beneficial if you are multipassionate.

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Free resources

Download the free eBook 10 Strategies to Grow Your Business Without Social Media to learn more ways to market your business. 

How to write website copy - Episode 328

What does a business need to succeed - Episode 321

Client retention strategies to increase profitability - Episode 353

The content you need to prove that you are the one to hire - Episode 260