In this episode, you’ll learn a step-by-step process you can use to find profitable niches from branding and creative professionals.
👉 Learn more: https://brandmasteracademy.com/brand-master-podcast/
First, you’ll discover that finding a profitable niche is about taking some logical steps to identify businesses that have the budget for your services.
Then we’ll discuss why it’s so important to find and develop an effective positioning strategy for your branding & creative business.
Next, we’ll just into the actionable steps you need to take to uncover profitable niches.
Step 1: Identify Industries With High-Profit Margins
Step 2: Identify Sub_industries for more relevance
Step 3: Analyse the industry branding level
Step 4: Identify The Target Region
Step 5: Calculate The Number Of Businesses In Your Market
Step 6: Estimate A Conversion Rate
Step 7: Estimate Your Average Invoice
Step 8: Calculate Your Potential Revenue
Step 9: Rinse Repeat & Review
By the end of this episode, you’ll have a 9-step process you can use to uncover profitable niches to find high-paying clients that have the budget to pay you for your specialist brand strategy services.
For more brand strategy resources and downloads visit https://brandmasteracademy.com/
