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Finding Under Served Markets
Filed in archive Marketing by Greg Balanko-Dickson on May 16, 2007
Finding Under Served Markets
Is there a segment of potential customers who are consistently under served? This would be a group of potential customers whose needs are not currently being met by their current supplier.

This group could become a profit center, but you will have to work hard to understand their needs and wants. If you are successful, they will become great customers and raving fans.

Three steps:

  • Create a list of identifiable characteristics, traits and needs. Or they could be identified by the type of product or service that they buy.

  • Look at your customer and prospect list. Who fits that profile?

  • Contact them and engage in a conversation. The goal is to try and uncover an unfulfilled need or want that a current supplier is unable or unwilling to meet.



Permalink: Finding Under Served Markets
Tags: Finding  Under  Served  Markets  business  under+served  small+business  served+markets 
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