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What a niche product?

Updated: 11/9/2022
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13y ago

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A nich is a sub category within a specific market that contains micro niches as well. For more details visit the site below

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A Niche Product is the product that is accurately fashioned to foregather the requirements of that primary segment.


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One way is to lower the price! One could also include the product as part of a sales promotion. Another way could see the price increased and the product included in a multi-buy promotion; ie, buy one, get one free. Have a grand opening and give fee samples. Samples sell! Make sure to focus on your niche market. The more niche, the more the demographic sees and understands the value of your product. Also, the more niche, the less consumer choices the demographic tends to have.