It seems as if the world of software is already highly competitive, but there are still ways to leverage your specializations in order for you to drive growth and repeat sales in your organization.
In this article, we’ll discuss how you can maneuver and strategize to create solutions for your niche software selling strategy.
Here are 7 things you can employ when trying to sell specialized software products and solutions:
1. Provide a solution to your client’s problems.
You can never go wrong with this mindset. Simply provide a proven and tested solution to the common issues being faced by your clients and you will surely go a long way. Before you can achieve this, however, it is necessary that you go out of your way to identify and study the many problems that businesses face where it concerns their specific industry.
In order to zero in on what kind of software solutions you can offer your potential clients, you also need to be able to determine early on what your business is strong at. Do you want to increase productivity? Do you want to make day-to-day operations easy to monitor? Or do you want your target clients to be able to enjoy seamless accounting processes?
Answering the above-mentioned questions will enable you to come up with helpful solutions that companies will surely seek out.
2. Use an uncommon approach in letting your presence felt among your target clients.
Niche marketing requires that you design approaches that will surely attract the attention and curiosity of the specific demographic you intend to reach. To start off, you need to be able to identify what specific marketing channels will best reach your target market.
This present generation of highly connected consumers often opt to use social media to look for services or products they need. Social media marketing is one approach you can use, that is if your target market is believed to be rampant social media users. Come up with unique and creative campaigns designed to attract your target clients.
3. Be mindful of opportunities opening around you.
Focusing on niche marketing can sometimes be limiting without you knowing it. Keeping your efforts concentrated too much on a specific target market can also potentially prevent you from seeing other opportunities around you. What you need to do is to keep an eye on these opportunities as they start to unfold without compromising the present marketing efforts you are doing.
4. Keep track of what your competitors are doing.
There is a way you can keep tabs on what the competition is doing with very minimal effort needed. What do you need to know about the competition? Find out what they are up to, what they are currently focusing on and who they are reaching out to mention a few.
There are software tools available to business operators such as yourself that will help you generate information about the latest movements of your competitors. You can choose the ones suited to your budget. Check out WordStream Advisor, WhatRunsWhere, MixRank, and AdBeat.
5. Be smarter than your competitors.
Niche software businesses have a bigger chance of conversion compared to those who market to a wider audience because they cater to a smaller group of people whose needs are being met effectively. Having this in mind, it may not be wise to aim to go head-to-head against big software companies in the market. Focusing on your current niche will allow you to build your own network of followers and loyal clients.
6. Give your marketing approaches a personal touch.
A niche audience will naturally respond as you hope they would to a marketing campaign that is carefully designed to catch their attention. To continue to do this, remember to come up with marketing campaigns that will make their experience unforgettable. Good user experience will highly likely result in high conversion rates.
7. Invest in paid advertising.
Just as you can reach a wide market by using free platforms, you can even reach a bigger audience with paid advertising that is programmed to reach your specific demographic. You don’t even have to put out a lot of money when you do paid advertising. It is also highly likely you will spend less as you will only target a small demographic in a given region.
Google AdWords can charge extravagantly for their Cost Per Click and this may affect your budget greatly especially if you are just starting out. There are other options to consider and this will allow you to reach your target for a lesser cost.
Takeaway: As you can see, there are a lot of ways for you to market niche software and it all lies in getting into a specific market and maneuvering there. Let us know if you have comments or questions!