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How do I find a good niche market for my online business?

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تم إضافة السؤال من قبل Vinod Jetley , Assistant General Manager , State Bank of India
تاريخ النشر: 2014/11/25
Aishwarye Pandey
من قبل Aishwarye Pandey , Business Analyst , Chalhoub Group

Niche markets are product centric. The sole theme of 'niche' is extremely focused. 

You will find a niche market only when you provide a niche product/service/brand affinity. 

 

If by 'niche' you are referring to high profits - thats just demand supply ratio. Provide niche product to targeted segment where there arent many alternatives and reap high profits. Niche products have a small customer base. 

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