Why Targeting Everyone with Your Small Business Advertising is Really Targeting Nobody
Who you’re going after is one of the most important parts of advertising. If you want to appeal to a certain audience, it is important to find a way to set yourself apart from the competition. Additionally, you need to show that you are uniquely qualified to provide the type of products or services that your target audience needs. There is sometimes a temptation in small business advertising and marketing to try to be everything to everyone. But the problem is that your target audience may not be able to tell that you’re here for them using the “one size fits all” marketing approach.
It is almost a given that your product will not appeal equally to everyone. Advertising to those that aren’t interested is a waste of your advertising resources. Believing that your have a larger target audience than your actually do is a big mistake that a lot of small businesses make. Rather than aim their advertising more towards a specific niche, a lot of small businesses go the brand awareness approach, where they try to attract customers that may be interested in their product in the future. Although this approach can sometimes work for large corporations, because they have the enormous advertising budget to properly take on this type of effort, small businesses cannot possibly compete at this level. Instead of raising brand awareness, advertising resources which could have effectively reached a targeted audience are simply diluted in their effectiveness.
As a common rule, customers only care about what benefits them when it comes to advertising. If they are currently interested in a certain type of product or service, there is a good chance of attracting them as a customer. Then again, people that aren’t interested will most likely ignore the advertisements. If you spend your advertising funds on trying to attract the second group, then you’re throwing away your money.
Finding out who your ideal customers are is the first step towards maximizing your small business advertising attempts. Whoever most benefits from your product or service is the ideal customer. They’re the ones that you’d most enjoy doing business with, as well as bring in higher profit from. And even though most targeted advertising is aimed towards a niche, finding your “ideal customers” can put a face on your target audience, which helps to find out the best advertising methods to deploy.
For example with print advertising. Instead of advertising in all magazines, you should focus on the ones that best balance out between what appeals to your audience and your product. If you’re wanting to use direct mail advertising, then use demographics to target households and businesses that meet certain customer criteria. Internet marketing can also be fine-tuned to specific audiences by developing different landing pages for different types of audiences.
If you use this targeted marketing approach, your small business advertising can be a lot more effective. There’s always a chance that you’ll attract someone outside of your target audience. But there’s a much bigger chance of attracting your ideal, targeted customer.