Irresistible Offers: Why Advertising to Fewer People Will Get You More Customers

November 13, 2017 - 7 Comments

How good is your offer? What do you offer to visitors on your website, in exchange for their attention, time and money?

How good that offer is can make or break a business. A bad offer is almost impossible to move, even if your marketing and copywriting are excellent. With a good offer, on the other hand, getting traffic, sales and loyal customers is almost effortless.

But what exactly is a good offer? With this episode, we're starting our newest podcast series at ActiveGrowth which is all about irresisitible offers (and how to create them).

We've seen countless offers - from dreadful to amazing - and in this episode we tackle the first set of problems you must avoid in order to create truly great offers.

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In This Episode, You'll Discover...

  • Why it's easy to see if others' offer is bad, but hard to see if you're not on the right track.
  • How to determine whether your offer is good enough.
  • Why trying to appeal to everybody means appealing to nobody
  • How to go from "meh" to "hell yes" with your offer
  • The most common ways an offer can be bad
  • How to know if you're "too niche"
  • Questions that will help you decide what mistakes you've been making
  • Examples of niche businesses that have been doing it right
  • How advertising to less people will make your advertisement cheaper, yet more efficient
  • The story of how Thrive Themes started with a niche product.

The Best Ways To Find Out If You're Making A Mistake:

  • Tell your friend about your offer and ask if they can refer someone to you. If they find it hard to pick a potential customer, your offer is too generic.
  • Ask yourself: Do you know how to reach your target audience? Can you easily point your finger at them? "Dentists in Dallas above 50" is way more specific than "small business owners" and therefore they're easier to find. As a bonus, you'll also spend less on advertisement this way!

Are You In The Right Niche?

Write down your different ideas for focused niches you could enter or specific customer avatars you could appeal to. For each of your ideas, consider these four questions are rate each one on a scale from 1 to 5:

  1. How many people are in this segment?
  2. How easy is it to reach them?
  3. How much can they spend?
  4. How urgent is the need for them to use your products or service?

If you can't rate any of these as a 5, then the niche idea is dead in the water.

Resources

Time To Niche Down! 

Now take your time and answer the questions above. Do you feel like you should go deeper? How do you pick your niche? Share your experience with us, join the conversation below this post! 

Want to be featured in our future podcast episodes? Leave us a quick voice message about your story and experience with the topic:

See you soon with the next podcast episode!

About ​Alexandra Kozma

Alexandra is a traveling marketer. When she is not editing podcast episodes or writing blog posts, she's out there exploring a new city. She's the creator of the Morning Mindset daily mindfulness journal.


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