Corey Quinn - The Benefits of Selling to Anyone, Not Everyone
Apr 9, 2024
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Corey Quinn, author of 'Anyone, Not Everyone' and host of Deep Specialization podcast, shares insights on deep specialization, vertical market selection, and using gifts like cookies in outbound marketing. Topics include defining a vertical market, detecting traction, founder-led sales, ongoing gifting campaigns, reaching target markets through multiple channels, and adapting strategies for smaller businesses. Quinn emphasizes the benefits of specialization, consistent engagement with target industries, and focusing on dream clients for business growth.
Specializing in vertical markets helps agencies speak the client's language and stand out.
Creating a unique point of view and engaging in client's worlds build credibility and trust.
Deep dives
Identifying the Right Agency Clients for Deep Specialization
The key concept discussed is focusing on agency founders who have built businesses doing one to five million that operate in a generalist way, causing daily chaotic work. A solution presented is to specialize by serving a specific industry or vertical market, aiding in transitioning from a scattered approach to a focused, scaling strategy.
Benefits of Specializing in Vertical Markets
The advantages of focusing on vertical markets are outlined with examples such as healthcare, dental services, and home services like plumbers. Specializing allows an agency to speak the language of their niche accurately, resonating with clients' specific needs and challenges while standing out among generic marketing approaches.
Effective Differentiation and Positioning Strategies
Clear differentiation strategies are crucial, especially in highly targeted markets like personal injury law. Corey Quinn shares how creating a point of view and offering unique insights in marketing messages help to distinguish your agency within competitive market segments, attracting clients' attention and building credibility.
Implementing Thought Leadership and Client Engagement
Strategies focus on content marketing, thought leadership, and engaging with clients through podcasts, client success stories, and industry events. By creating valuable content and involving in clients' worlds beyond business transactions, agencies can build trustworthy relationships and establish expertise within their niche markets.
Corey Quinn joined me on Ditching Hourly to discuss his excellent new book, “Anyone, Not Everyone.” In it, Corey shares insights on deep specialization, selecting a target vertical market, and using gifts like cookies to transform outbound marketing.
0:00 - Episode intro 0:17 - About Corey Quinn and his background 1:30 - Corey's ideal client: agency founders doing $1-5M and looking to specialize 3:07 - Benefits of specializing in a vertical market vs. skillset 5:17 - How to define a vertical market 7:19 - Detecting traction in a potential vertical to specialize in 11:33 - Identifying a vertical market that's the right size (2,000-10,000 businesses) 15:25 - How specializing enables you to speak your target market's language 17:35 - Creating a "point of view" to differentiate beyond just positioning 22:33 - Shifting from founder-led sales through deep specialization 25:09 - Using gifting (like cookies) to transform outbound marketing 30:42 - Creating an ongoing gifting campaign, not just a one-time gift 32:21 - Reaching your target market in multiple channels beyond just gifting 37:46 - The multi-million dollar cookie budget that drove Scorpion's growth 41:17 - Adapting this approach for smaller shops through focus and consistency 45:01 - Advice for soloists: specialize, do thought leadership, focus on dream clients 48:54 - Consistently engaging with a target industry year after year to build trust 50:34 - Where to find Corey's book and other free resources
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What if your ideal buyers looked forward to getting an email from you. every. single. day?
That’d be pretty sweet, right? But how would you get started...