Niche product means if you manufacture certain goods which should be same type of nature …like you produce cosmetics product only, or…if you sell some goods like….only frozen products…..like Iceland in UK, are the example of niche product!!!!
Posted on November 1, 2010.
Niche product means if you manufacture certain goods which should be same type of nature …like you produce cosmetics product only, or…if you sell some goods like….only frozen products…..like Iceland in UK, are the example of niche product!!!!
Hello Melody,
A niche product is a solution that allows your clients to achieve their desired end results…
Those results could be resolving an issue such as a health problem or it could help them get more pleasure such as “How To Have A Great Relationship With Your Partner.”
Here’s a good example of a Niche Market:
Broad Market: Sports
Niche In That Broad Market: Baseball
Melody, It’s best to narrow your focus down even further.
Taking the above example:
Broad Market: Sports
Niche In That Broad Market: Baseball
Micro Niche: Pitching
You could create a Niche Product on “How To Throw A 100 MPH Pitch?”
The best markets are those in which there’s a lot of pain that people want to Get Rid Of Yesterday, because people will be willing to pay almost any price to feel good again.
You should always look to serve your niche markets by bringing them more value than anyone else.
So whatever market that you are looking to go into use the above template to break it down.
Of course there’s a lot more to finding niche markets so that you can create niche products, but this should get you thinking in the right direction.
Rodrick Etienne,
The Home Business Coach
HomeBusinessGrowthCenter.com