NICHE MARKETERS UNITE
Niche Market-A DEFINITION OF WHAT IS A NICHE MARKET
by Kirk Forney INTERNET MARKETER
Kirk Forney 
INTERNET MARKETER
Definition:A niche market is a focused, targetable portion of a market.
By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. You can think of a niche market as a narrowly defined group of potential customers.
For instance, instead of offering cleaning services, a business might establish a niche market by specializing in blind cleaning services.
Why should you bother to establish a niche market? Because of the great advantage of being alone there; other small businesses may not be aware of your particular niche market, and large businesses won't want to bother with it.
The trick to capitalizing on a niche market is to find or develop a market niche that has customers who are accessible, that is growing fast enough, and that is not owned by one established vendor already. See How to Find and Master a Niche Market for more information.Also Known As: Market niche, niche marketing,
Nov 19th 2010 00:19
INTERNET MARKETERDefinition:A niche market is a focused, targetable portion of a market.
By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. You can think of a niche market as a narrowly defined group of potential customers.
For instance, instead of offering cleaning services, a business might establish a niche market by specializing in blind cleaning services.
Why should you bother to establish a niche market? Because of the great advantage of being alone there; other small businesses may not be aware of your particular niche market, and large businesses won't want to bother with it.
The trick to capitalizing on a niche market is to find or develop a market niche that has customers who are accessible, that is growing fast enough, and that is not owned by one established vendor already. See How to Find and Master a Niche Market for more information.Also Known As: Market niche, niche marketing,
Nov 19th 2010 00:19
Sponsor Ads
Comments
|
Karen L.
Personal DevelopmentGreat information. Finding a niche, and knowing how to answer questions, or provide solutions is very important to a successful business. Nov 19th 2010 15:02 |
Niche marketing is important to successful online business.
Nov 19th 2010 05:29