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  2. What Does Niche Mean In Business? In the business dictionary, a niche is defined as: A niche is a small but profitable segment of the market that marketers can focus on. As a result of identifying needs and wants that are not being met by competitors, market niches are created by offering products that satisfy those needs and wants.
    www.nichepursuits.com/niche-definition/
    What is a business niche? A business niche is a segment of a larger market that has a specific target audience. This can help a company fit the needs of specific consumers. Some common aspects that help define different business niches include: Price: Some consumers prefer higher or lower-priced items.
    www.indeed.com/career-advice/career-developme…
    an opportunity for a business to offer a product or service that is not offered by other businesses: a niche in sth There is a niche in the market for this kind of product. create/carve a niche The company has carved a niche for itself in the watch-making business.
    dictionary.cambridge.org/dictionary/english/niche
     
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