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- A niche market is a distinct segment of a wider market, defined by its unique needs or characteristics12345. It caters to a specific set of requirements that don’t apply to the general market. Examples include eco-friendly shoes, orthopedic shoes, or hiking boots within the women’s shoes market1.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A niche market is a distinct segment of a wider market, defined by its unique needs or characteristics. For example, within the women’s shoes market there are niches for eco-friendly shoes, orthopedic shoes, or hiking boots. Each of these niches caters to a unique set of requirements that don’t apply to the general market.www.shopify.com/blog/niche-marketsA niche market is a very specific segment of consumers who share characteristics and, because of those characteristics, are likely to buy a particular product or service. As a result, niche markets comprise small, highly specific groups within a broader target market you may be trying to reach.www.coursera.org/articles/niche-marketA niche market is any group of customers that shares certain qualities. It’s typically a more focused, smaller segment. A niche could be based on the target customers’ age, gender, location, profession, or interests.dovetail.com/market-research/what-is-a-niche-mar…A niche market is a specialized subset of a market or industry that has its own unique needs, interests, and behavior patterns. The prospects within a single niche market typically have the same desires as one another, making it easier for marketing messages to resonate.business.adobe.com/blog/basics/what-is-a-niche-m…A niche market[ note 1] is the subset of the market on which a specific product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that it is intended to target. It is also a small market segment.en.wikipedia.org/wiki/Niche_market
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A niche market is a specialized subset of a market or industry that has its own unique needs, interests, and behavior patterns. The prospects within a single niche market typically have the same desires as one another, making it …