Of course I can't answer for the SE US, but I think it is pretty safe to say that, in general, the miniature horse market is not good right now. This is JMO, but it seems to me that miniature horse breeding has been a bit like a Ponzi scheme, in that everyone has been breeding and selling to another breeder, who breeds and sells his foals/breeding stock to the next breeder, everyone thinking they will make money this way. But where is the END market? The person who uses the miniatures for something besides making more minis? That is the market that needs to be cultivated and I think there is plenty of potential.
I think in this economy, in order to sell minis, you need to cultivate your own market. We are doing a combination of things:
First of all, we are breeding for the "all-around" mini, so ours do everything that is appropriate for their age - halter, drive, jump, obstacle (halter and driving), liberty, showmanship, nursing home visits, etc.
1. Showing, mostly where there are big horses so we can reach new people (Pinto and ADS shows). Helps if you win.
2. Advertising - locally, regionally and nationally, and a professional looking website.
3. Joined a local ADS driving club
4. Submitted an article about what you can do with minis to a regional general horse publication
5. Started a 4-H Club with our minis (article upcoming in another regional horse publication). So minis are out and about showing at 4-H events too.
6. Have a presence at regional events such as Equine Affaire
7. Enter contests, write letters to general interest horse magazines (One of our foals is currently competing in a Dressage Today contest):
http://olympics.equi...type=stretching
8. When asked, do demonstrations for fundraising events.
That's is what I came up with right now. We plan to show in more mini-only shows next year (AMHR & AMHA) and expand to new geographical areas. Because of the distance (and our ages) I doubt we would get to Nationals or Worlds, but you never know.
Now, with all that, you would think we might be successful - and you would be wrong. We have never sold a foal or mini yet, although we are hopeful for one of our 2012 foals.