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

PA Working Lunches: Register today to hear from Baillie Gifford

PA Working Lunches: Register today to hear from Baillie Gifford

Join us for an informative session worth one hour of CPD

Professional Adviser
clock 24 April 2024 • 1 min read
PA Asks: Is plugging the retirement support gap a job for the FCA?

PA Asks: Is plugging the retirement support gap a job for the FCA?

This week’s poll also looks at auto-enrolment and client interest in ESG

Professional Adviser
clock 23 April 2024 • 1 min read
Advice stalwart on why consolidation is a 'flawed business model'

Advice stalwart on why consolidation is a 'flawed business model'

‘We are in a period of deconsolidation and it will all unwind’

Isabel Baxter
clock 22 April 2024 • 5 min read