Top Tips for Defining Your Niche from Alex Tew of Million Dollar Homepage and Alison Chow of CocoRibbon:-
-
Believe in Yourself and your idea, regardless of whether others share your passion. They will come back to you when your successful!
-
Think Big if you want to make an impact ! A brand is created by selling something with a unique twist, whether it is a story, concept, product.
-
Maximise the use of PR by creating and selling a story to the press. Word of mouth and editorial recommendations can be a much stronger communication channel than advertising.
-
Seek Expertise that you haven’t got, to make it happen! Complement your strengths with someone who can fulfil your weaknesses.
-
Protect your Intellectual Property rights to maintain your brand identity.
-
Continue to Innovate with the market, exploring new avenues and marketing channels, selling online or via retail outlets