Sunday, January 18, 2009

Targeting the Right Segment for Boulder Net

In one of my previous post I analyzed the membership information of Colorado related groups in LinkedIn. I defined the the total addressable market for Boulder Net group as professionals within LinkedIn who work within 50 mile radius of Boulder. The top ranked group has less than 1% of membership. One way to increase Boulder Net's membership could be to target these members of top ranked groups but the most the Boulder Net group can achieve is to be the same as those. Besides what is the unique value add from this group if the people in this group are already in another Colorado group.

The right approach I believe is to target the rest of the market, those who are not in any of the groups, which is about 94% of the market. That is the target segment. If this is the only group that has members who cannot be found in other groups, then that is an attractive value proposition for other members to join this group. In addition this group has a popular blog and significant web search engine presence. But I am looking for more ideas to improve the value add to the members. Please send your ideas to my email or post as comment.

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