The Saturated Market Myth - are there too many therapists_ Jane Travis, Grow Your Private Practice

Is there a saturated market for therapists?

It’s easy to buy into the idea that the market for therapists is saturated. After all, a quick search on Google for your area will show dozens of counsellors, possibly hundreds.

Maybe you're worried, especially if you’re new, an introvert or struggle with imposter syndrome because the very idea of ‘getting out there’ or 'selling yourself' will likely bring you out in hives. (Note - you don’t have to sell yourself, no one likes being sold to.)

So let’s take a closer look at the saturated market myth.


The Saturated Market Myth - are there too many therapists_ Jane Travis, Grow Your Private Practice

Bottled water: You’d think the market was saturated <he he, saturated!!> and there would be no room for a new brand of water - but no. Drench was launched in 2011 with this rather fab advert.

Loo roll: Cushelle spent millions on a new ad campaign for their toilet rolls.

Toilet rolls?

(Because it is made with Micro Air Pockets making it oh sooo soft and highly absorbent for a comfortable clean feeling every time. Apparently)

Supermarkets: On one road in my city there are 3 brand new, big named supermarkets all within easy walking distance of each other.

The most recent wasn't deterred from the huge cost of demolishing an old building, then building and running a new supermarket by the fact there were 2 rivals literally on their doorstep.

They have experts that cost all this out, have projected profits, know it’s the right place to be. So why would they do that?

Allison Puryear says in her post on Psych Central: '...You know how Starbucks seems to sprout up across the street from your locally owned coffee shop? They’re doing it because the local coffee shop is proving that that location works.

Starbucks isn’t moving across town where there’s a caffeine wasteland. Not yet anyway.'

Good point. So if there isn't a market for coffee shops, they would all go bust. 

Davey & Krista discuss this issue regarding the photography industry in 'How to stand out in a saturated market', and say:

'Often these complaints are made out of frustration that we’re not able to get people’s attention, and that our marketing efforts aren’t working.

The people who innovate and evolve, however, don’t seem to have an issue with a crowded market.'

The trick is to accept that it's busy out there, and if you want your corner of the market, you have to carve out your place. Claim it and own it. 

Related post: Why there's never been a better time to be a counsellor

Let's reframe this:

Imagine there are 5 therapists in your area.

This means 5 therapists are all talking about the benefits of therapy, blogging, marketing, using social media, networking, being visible, letting people know therapy will help.

They raise the profile of therapy - not to mention the word of mouth from people that have had positive therapy experiences.

Therefore more people are aware that therapy helps and are more likely to access it. You all stand to win.

It also means if they aren't doing those things and you are, you will stand out, be more visible, connect with people and attract more clients and referrals.

So let people know you’re there and what you offer, because you'll be offering something different to the others.

Get clear on your niche, use your website and marketing to convey this so they connect with you.

And allow your personality to show.

For example, I know lots of therapists that offer counselling for anxiety, and they are all different - different personalities, different experiences, different ways of practicing, different qualifications, different modalities. They all help their clients, just in slightly different ways.

So just like some people are drawn to one coffee shop over another, clients will be drawn to one therapist over another. 

In counselling, relationship is key and that’s true for all modalities. That's why that initial first session is so important, so they can see if you're a good fit.

Allowing clients to get a sense of you will save time for both you and them.  

Let people know you’re there, be your lovely self and people will be drawn to you.

It's time to dispel the saturated market myth and slay the 'too many therapists' dragon - there is enough work for everyone out there, so let potential clients know who you are and what you do. 

Marketing your practice is actually not that hard, you just follow some steps and there you go! It's your mindset issues that really hold you back. Fears, and things like Imposter Syndrome, procrastination, perfectionism, shiny object syndrome syndrome, inner critic, comparisonitis and money mindset. Phew! 

In the Grow Your Private Practice book there is a whole section devoted to mindset issues to help you manage these so they don't stop you from the success you have worked so hard for. 

So if you're fears are holding you back, and self sabotage is creeping in, grab a copy today. 

Grow Your Private Practice book, for counsellors and psychotherapists

About the Author Jane

Jane lives in beautiful Lincoln with her 2 boys and rescue dog. When she's not talking about herself in the third person, she's usually found with her feet up and eating Maltesers. Sometimes she even shares them with friends. Follow me on Instagram

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