[Podcast] 3 Steps to Choosing a Vertical Market
How can narrowing your focus open the door to big opportunities?
In this episode, I unpack the transformative power of specialization and why choosing the right vertical market is key to agency success.
I share a simple 3-step framework to identify the perfect niche: tapping into your expertise, following your genuine interests, and analyzing the market for growth potential.
I also shed light on common mistakes to avoid when niching down, like targeting a market that’s too small or one that doesn’t align with your agency’s core passions. Whether you’re refining your strategy or starting fresh, this episode offers practical advice to help you carve out your niche, stand out from the crowd, and build an agency that thrives.
Some actionable key takeaways for agency founders:
- Choosing a vertical market can lead to long-term success.
- Specialized agencies grow faster than generalists.
- Market research is essential before committing to a vertical. Be sure to gather insights from your existing client base.
- It's never too late to specialize!
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Best,
CQ
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