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Who's your target market?
Small businesses often have a hard time defining their target market.
When asked who they want to buy their product or service, they often
reply in very broad terms, such as "Rich people" or "moms"
or "people who like [what I sell]."
This is often due to the fear that if we narrow our focus we will
miss out on potential business. But the opposite is true: the more
clearly specialized (differentiated) you are, the easier it is for
you to connect with exactly the people you want to serve.
Why? Because people buy based on differences, not similarities.
Once they've decided on a general category (sunblock with SPF 100),
they zero in on a differentiator to make that final selection. Some
people will be motivated by price (lowest or highest).
Others will be motivated by brand name recognition, habit, ingredients,
size or shape of the container, product guarantees ("guaranteed
to last 12 hours even after swimming!").
So turn that around and you've got a much clearer sense of your
target market and how to reach them. If your differentiating factor
is "all-natural ingredients," there's no need to try to
have the lowest price. Why? Most people who buy organic, cruelty-free,
and all-natural products are used to paying a price premium. They
tend to have higher education levels, are willing to pay more for
perceived quality, and shop more frequently in boutique or specialty
shops.
With a little more research, observation, asking your customers,
and common sense, you can develop a much clearer picture of who
your target market is. So when a marketing consultant asks, now
you can answer, "Primarily women in the Bloomington area, aged
30-55, highly educated, tend to be affluent (though some have lower
income but simpler needs), interested in an organic lifestyle, shopping
at places like Bloomingfoods and Farmers' Market in addition to
big box stores."
With this information, a marketing consultant can extrapolate even
more data to know what kind of design, messages, packaging, and
marketing channels will be most effective at connecting with your
market. The result? Clearer differentiation, making it easier for
your customers to buy, which makes your business more profitable!
Cairril.com wins two national design awards
We are pleased to announce we've won two awards in the recent American
Graphic Design Awards national design competition. The first award
was for a trio of brochures
created for SEED Corp., a Bloomington-based non-profit that
provides business planning courses, microloans, and counseling to
entrepreneurs in a 10-county area.
The second award was for “Must
be Present to Win,” a VisoVerbo
design based on an entry from client Jack Brubaker.
American Graphic Design Awards recognize excellence in design as
part of a national competition sponsored by Graphic Design USA
magazine. The winning work was selected from among 10,000 submissions.
We have received a total of five AGDAs over the last three years.
Read full press release
Cairril.com celebrates fourth anniversary
On 20 September we turn four! It's been a wonderful four years of
great clients, great work, and great fun. We are blessed to have
found success in the company of so many good clients and friends.
Thank you for your support!
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