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by

Julie Richie

A

Look for other opportunities and craft an exit/transition plan. Don’t sink

with the ship. Find another niche in a growing market. People want to work

with experts, not average providers. Specializing is the fastest way to grow because

it allows you to attract the kind of clients that will be most profitable, and simplify

product research and fulfillment, among other advantages.

GLORIA LAFONT

Owner

/

Action Promo

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PPAI 656637

12

|

APRIL 2017

|

INNOVATE

Oops, I Specialized

Too Much. What Now?

Q

A DISTRIBUTOR ASKS:

You hear the term “niche

marketing” praised a lot

these days. But what if you’ve gone

down that path and specialized in

a niche, and now the niche you’ve

specialized in is in a down cycle? How do

you get out of the tailspin?