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Marketing Your Business - Marketing Strategies for Business Owners

169: Can a Smaller Audience Be An Advantage?

Marketing Your Business - Marketing Strategies for Business Owners

Stu McLaren

Emailmarketing, Amyporterfield, Michaelhyatt, Marketing, Onlinemarketing, Stumclaren, Marketingyourbusiness, Business, Russellbrunson, Contentmarketing, Jeffwalker, Entrepreneur, Patflynn, Membershipsites, Listbuilding, Subscriptionsites, Passiveincome, Recurringrevenue

4.9664 Ratings

🗓️ 22 April 2020

⏱️ 13 minutes

🧾️ Download transcript

Summary

Can having a smaller audience actually be an advantage? You bet! And in this episode, I'll tell you why along with examples of people crushing it with tiny followings.

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Transcript

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0:00.0

No, no, no, Stu, I'm going to wait because my audience isn't big enough.

0:04.8

Hogwash! In this episode, I'm going to talk to you about how having a smaller audience can actually be a massive advantage.

0:11.8

Stay tuned.

0:14.4

Marketing your business is for you, the business owner, who has a product, a service, or a message that you believe in.

0:20.6

My name is Stu McLaren, and each week we'll take a behind the scenes look into the real

0:24.5

world marketing tactics and strategies for getting what you have in front of a lot more people.

0:30.3

Thanks for spending some time with me today. Now let's get started.

0:36.2

Can having a smaller audience actually be an advantage? Well, heck, yes, it can because it's all about how to use that advantage.

0:46.6

You know, typically most people think, the bigger the audience, the more success I will experience.

0:52.3

And, you know, here's the truth of the matter. The bigger the

0:54.9

audience, the more odds of success are in your favor, but it doesn't mean that it's the only way to

1:00.0

succeed because bigger doesn't necessarily mean better. And here's what I'm talking about.

1:04.3

You know, we have so many examples of people in our tribe community who are thriving despite the fact that they only have a tiny audience.

1:14.1

As an example, one of the classic stories that I love sharing is the story of Wendy Batten.

1:19.0

She had a tiny audience of 354 people and her audience are paint store retailers like brick and mortar stores that sell paint.

1:27.0

And so when she went to launch

1:28.7

her membership site, she ended up welcoming 52 members generating $2,800 a month in month number one.

1:36.4

And that was again to an audience of 354 people, not tens of thousands or thousands, but 354 people.

1:43.4

Now, there are so many examples of people in our

1:47.0

community just like Wendy. Like another good example is Marianne Kane. You know, she didn't have a

1:52.7

big audience either. It was 250 people, roughly around 250 people. But her founding member launched,

1:58.7

she ended up welcoming 53 members in her launch. So I'm sharing

...

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