How Often Do You Review Your Ideal Client Profile?

How often do you review your ideal client profile? Do you do it once a year? Twice? Quarterly?

I am used to reviewing my client profile at the beginning of each year, when I also update my resume and re-assess my best products and services. It’s a process that helps me set a new direction for my professional goals in the year that is about to start. It gives me a fresh perspective.

Hence, I look at:

1.     Who Is My Client?

If I understand my client’s business and what makes it unique, I can better serve his / her goals.

2.     What Is My Client Looking for?

Is my client looking for marketing plans, white papers or other media products (i.e., newsletters, books, blogs, or websites)? Is he / she in need of brand enhancement or development? Perhaps strategic planning? Fundraising?

3.     Where Are My Clients?

Are my prospective clients in the Catskills / Hudson Valley area? Or, are they in New York City? How do I facilitate a meeting?

4.     When Is My Ideal Client In the Market? What Is His / Her Purchasing Behavior?

When is my prospective client most likely to re-vamp a website, publish a newsletter or a handbook, look for market research, organize events, or engage in strategic planning? How do my services respond to these needs?

5.     How Do Prospective Clients Find Me?

Most of my clients are repeat clients. Others find me through referrals, word of mouth, business meetings, or social media.

Also, to better understand my clients, I regularly conduct surveys and gather insights. It’s important to me to know how my clients find me, what they like about my services, and what else they’d like to be offered.

 

What is your advice? How do you go about reviewing your ideal client profile?

 

Have a productive new year!

 

simonadavid.com

Happy New Year & Happy Publishing

It’s been a great year in publishing, with more and more options for independent authors, and more and more opportunities for smart promotion.

In July two giants of the publishing world – Penguin and Random House – announced their merger, with ramifications yet to be seen by aspiring authors.

Meanwhile, independent publishing continues to improve: earlier this year Bowker launched SelfPublishedAuthor.com to provide more resources to writers interested in self-publishing. CreateSpace, Lulu, and Smashwords, three of the largest self-publishing platforms, continued to refine and polish their offers: in September Lulu introduced new book templates, while Amazon introduced its MatchBook program; MatchBook program enables readers to purchase Kindle books at a discount rate after purchasing their print editions.

During the summer Smashwords introduced a Pre-Order Feature which allows authors to further engage in advance marketing, and increase the discoverability of their books.

In March Goodreads, a popular book recommendation site with over 20 million users, was acquired by Amazon, the world’s largest online retailer and bookseller.  Amazon has integrated Goodreads with its various Kindle models, and enhanced the social benefits of reading, sharing, spotting trends, and reviewing books online.

Authors and publishers continue to innovate and transform the industry: this fall Random House partnered with Pinterest to feature popular pins related to books, and thus help readers find new titles.

Surprisingly, in 2013 e-book sales stagnated, at about 30 percent of the market in terms of units and 15 percent in terms of dollars – that’s according to the Book Industry Study Group via Digital Book World.

All in all, it’s been an exciting time in publishing. Aspiring authors have more and more options to publish and market their titles, so that both writers and readers benefit.

Happy Publishing!