Business Success

9 Reasons A Niche Market Could Explode Your Business

As you build your business model, you will invariably come upon a choice: Should I serve a large industry or a niche market?  It may be tempting to choose a large industry. The bigger customer base, broader audience, and large profit margin make a compelling case.  But niche markets aren’t without their benefits. A niche market, by definition is specialised to suit a very specific target market. You’re essentially filling a hole in the market, where your USP (unique selling...

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