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  2. What is a business niche? A business niche is a specialized or focused area of a broader market that your business serves specifically.
    www.businessnewsdaily.com/6748-business-niche-characteristics.html
    www.businessnewsdaily.com/6748-business-niche-characteristics.html
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    How do you define a niche?Common ways to define a niche include looking at factors such as: Choosing to focus on a niche is a strategic business decision to serve a specific customer base more effectively than competitors who target the broader market. Businesses who are competing within a niche may decide to niche down even further as a way to differentiate their brand.
    What is niche marketing?Niche marketing is a form of marketing geared towards targeting a specific audience united by needs, preferences, and identity. The factors defining the niche include price, demographics, geographics, and level of quality. Niche marketing takes into account the marketing techniques and strategies to distinguish it from the rest.
    What is a niche market entrepreneur?Entrepreneurs who serve a mass market usually create many products or serve multiple industries. However, they struggle to become the market leader for each of their offerings. This is different for entrepreneurs in a niche market. These entrepreneurs create specific products or serve specific audiences.
    What does niching mean?By niching, I mean stripping back your offer to be hyper-clear and hyper-specific about what you do, who you do it for and how. I mean zooming in on the core of your core audience to carve out a piece of the market that only you (OK, perhaps not quite only you) can occupy. Let me give you an example: Maybe you’re an accountant.
     
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