How to get to your niche market through digital advertising

When it comes to niche marketing many people don't really take the time to understand the importance of researching and narrowing down their target market.  They just throw advertising dollars at the next "new" thing, hoping they will hit their niche.

A niche market is a specific group of people that share something in common. In the business world they are the groups of consumers that you should be focusing on because they are the ones that will most likely purchase your product or service. They are referred to as your target market.

When I was growing up, we had three television channels.  So, if you wanted to advertise on TV, you had to be on one of those channels.  It was called mass marketing.  But very few people subscribe to mass marketing these days because we have so many options to place advertising. We have cable TV -- with it's defined audiences -- radio, various print vehicles, and of course the internet.  

So how do you reach your market?  Well, as you know, more and more people are on the internet.  So, wouldn't you like to be on the internet?  That means that you can actually find the people more likely to purchase your service or product.  How? You can actually target your customers WHEN they are ready to buy. 

By using keywords your ad can pop up when people are searching for a product or service like yours.  Based on keywords, ads are placed on websites, blogs, or other niche websites your market is viewing. 

This year Google opened up display advertising real estate for small businesses. Before this, only Fortune 500 companies could develop display campaigns and place on sites like national news, entertainment, and blogs as well as heavily trafficked local sites.   Wouldn't it be great if your potential customer was on the ESPN site and your pizza parlor showed up on the site?  And because it is targeted to your geographic area, you don't waste money advertising to someone out of your marketing area.

Advanced targeting options like “remarketing” can bring interested prospects back to your website, increase conversions and profit, keeps your business top-of-mind and help these interested prospects complete a transaction.

Remarketing is the process of your ad “following” the person throughout the internet.  This technique boosts conversions by 48 – 50% or more. You are probably familiar with this.  Have you ever been to a shopping site online and then every time you go to another site you see the same product or a product “you might like” on a totally unrelated site?  That’s re-marketing.

This type of advertising can be tracked for effectiveness as well.  Google makes it so simple to track your conversions and sales all the way back to every keyword in your campaign.