Vertical Marketing to Your Advantage
What is vertical marketing? Simply put vertical marketing is
promotion targeted at a specific industry. The benefits of
vertical marketing are immense. Vertical marketing can open new
doors and touch niche markets, where there maybe little
competition. Often niche markets are ignored by large companies.
A creative entrepenaur and marketer may find it easier to
establish brand recognition in a specific industry. In addition,
customers are frequently willing to pay a little more for an
industry specific product. Customers also appreciate the unique
benefits they experience with the more personalized customer
support of the smaller company.
Customers welcome the opportunity to purchase from a company
familiar with their industry and needs. Industry professionals
also tend to listen to their peers, and a recommendation or
endorsement can help spread a products popularity within a
specific market or industry segment.
With a little forethought, minor changes to a basic press
release can change the focus, and target it to a specific
industry. Trade publications are also more likely to give ink to
an application, that targets the magazines focus. There are
numerous link opportunities, if you are able to illustrate why
your application appeals to a specific industry, by targeting
traditional marketing methods at specific industries and niche
markets.
While some products have an obvious vertical target market, some
general products can be effectively targeted at specific
industries or verticals, with just a little creativity.
Software is an excellent example of a product that lends itself
to vertical marketing. An example of vertical software is MSA
Herp. MSA Herp is herpetology software, which catalogs the
eating and mating habits of snakes and lizards. Obvious markets
include pet stores, zoos and state parks, which obviously
satisfies a very specific audience and does not necessarily have
mass appeal. By catering to specific audiences this program has
become a clear leader in a very specific field. Believe it or
not, this can be done with "general" applications as well.
Software with broad appeal can be targeted at specific audiences
or verticals. An HTML editor can easily be targeted at the
education market, or a general accounting program can be
targeted at a specific industry like retail stores or law
offices.
Frequently minor code changes and the use of programming tricks
like "conditional compiles" can create an application that
caters to a specific market. The change could be in terminology,
or the graphical presentation of the program. The idea is to
make an application that is unique or beneficial to a specific
group of people. If you can't think of a niche, create one. Take
a look at the type of customers that you sell to, pick a handful
and ask them what they use your application for. Their answers
may surprise you. By talking to existing customers, you can
extract a profile of a user, and determine ways to reach
potential customers that had not previously been considered.
In order to effectively target vertical markets, often all that
is required are changes to ad-copy and presentation. Pursue link
exchanges and directory listings. Vertical.net and Global
Software Solutions are both industry specific virtual
communities through which you can promote your products.
Consider becoming active in online communities that cater to
your audience or even creating one if your research indicates a
strong enough user base. Consider targeting web pages at
specific industries; offer industry groups promotional specials
or discounts. Provide white papers, customer profiles or
endorsements that detail how applications can be used in a
specific industry. Explain how the product will solve a specific
problem or save time, in a specific industry. By providing a
real world solution to a real world problem, customers are able
to see how specific products can resolve their day to day
problems.
Resources: http://www.globalsoftwaresolutions.net
http://www.vertical.net
white paper samples http://www.notepager.com/whitepapers.htm
About the Author: Sharon Housley manages marketing for NotePage,
Inc. http://www.notepage.net a company specializing in
alphanumeric paging, SMS and wireless messaging software
solutions. Other sites by Sharon can be found at
http://www.softwaremarketingresource.com , and
http://www.messaging-software.net
About the author:
Sharon Housley manages marketing for NotePage, Inc.
http://www.notepage.net a company specializing in alphanumeric
paging, SMS and wireless messaging software solutions. Other
sites by Sharon can be found at
http://www.softwaremarketingresource.com , and
http://www.messaging-software.net