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The Nitty Gritty:
- How niching your business affects your pricing
- How niching can expand—not limit—your clients
- Why expanding your network can be your marketing secret weapon
On this week’s episode of the Profit. Power. Pursuit. podcast, my guest is Jessica Mehring, CEO of Horizon Peak Consulting, where she combines sales-focused copywriting with content marketing to help IT, software and tech clients turn content into revenue. She’s also the creator of The Content Lab, where she trains content creators and copywriters how to get better results from their written content—while putting their careers on the fast track.
Like many business owners, Jessica at first resisted defining a niche for her business, but once she did she found it completely transformed her business. During our conversation, she shares how she’s created a profitable niche service for high tech and SaaS companies, how a niche affects your pricing, how her niche actually helped her find more clients and why her referral network is her marketing secret weapon.
Finding Your Niche and Increasing Your Revenue
When you are a generalist it is more limiting than limiting yourself to a niche.
– Jessica Mehring
Jessica started out being a generalist copywriter when she left her corporate job to build her business full time. Even though all the experts said to niche, like many business owners, she resisted it because she was worried she wouldn’t get enough work, she didn’t feel like she had enough expertise in a niche to claim one and her favorite excuse: she liked the variety. Once she started working with her mentor Joanna Wiebe of Copy Hackers, who was also my guest on the podcast, the power of a niche started to sink in. Jessica ultimately combined her specialty for writing marketing copy for high-tech companies that she developed over years of freelancing with her natural affinity for high-tech work and voila! She had herself a niche!
Once she really clarified her marketing message to “I write marketing content for IT, software and tech companies,” there was no doubt what her niche was. Crystallizing this message really helped Jessica in her sales process and to pre-qualify prospects. It also allowed her space to really master what she does. Because she is a master, she gets really good results for her clients which opens the door for higher rates.
Niching Expands your Clients
When I got very clear about what I do and who I work with it completely transformed my business.
– Jessica Mehring
Jessica explains in the podcast how niching expanded her client base even though many business owners fear that it will limit them. Because her focus was on serving a particular client and she is able to share with others in her network very clearly what she does and who her ideal clients are, it makes it much more streamlined to find clients. Jessica connects with her ideal clients by writing guest posts on sites that she knows they are reading and going to conferences where her clients or potential members of her network will be.
A Strong Network: Jessica’s Secret Weapon
An effective network is a two-way street.
– Jessica Mehring
Jessica’s network understands the work she does and what kind of results she gets and this network includes her clients, other copywriters that are part of her mastermind and those she meets online and at conferences, at Meetups or even at the coffee shop. She also maintains a robust file of copywriters that she knows personally. When a prospect wants work done that’s outside of her niche, she happily refers them on to another professional from her list of vetted copywriters because an effective network is a two-way street.
Tune in to the full podcast to hear more about the power of a profitable niche. Jessica shares her intake process and how she juggles her time and energy between Horizon Peak Consulting and The Content Lab. Be sure to subscribe to the podcast so you never miss my conversations with thriving business owners who share their secrets to success every week.