Marketing tips for your firm: Finding your target audience

How researching your competition and finding a niche can help attract your target audience

clock

In the first part of a series for Professional Adviser, Richard Smith of The Internet Consultancy explains how researching your competition and finding a niche can help attract your target audience

Having spent the best part of two decades working with IFAs, many issues surrounding marketing and business development remain. One problem is that when it comes to the internet, most financial firms are lagging behind the rest of the business world. Researching your competition and your firm’s position in the market is a fundamental part of your business, and you will not survive without doing it. Often, it is done half-heartedly – or even worse, not at all. I firmly believe a change in direction for all IFA firms is needed. Research is vital A lack of research and subsequent posit...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: Castlefield partner expands not-for-profit refill hubs across Cheshire

Feel Good Friday: Castlefield partner expands not-for-profit refill hubs across Cheshire

Project run by Eco Communities

Professional Adviser
clock 15 May 2026 • 1 min read
Closing the advice gap: The case for attitudinal targeted support

Closing the advice gap: The case for attitudinal targeted support

TISA’s Sophie Legrand-Green on a ‘significant’ way to influence consumer behaviour

Sophie Legrand-Green
clock 14 May 2026 • 4 min read
UK IFA deal numbers hit 'new peak' in 2025

UK IFA deal numbers hit 'new peak' in 2025

Deals rose from 50 to 133 between 2020 and 2025

Sophia Panayi
clock 12 May 2026 • 4 min read