Everything You Need Know About Niche Marketing

BY BHUPENDRA LODHI

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Niche marketing is a marketing tactic where you channel your resources towards a specific class of people. This tactic helps you create a new market segment.

Definition

What is niche marketing?

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Positive

Benifits of niche marketing?

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Develops greater brand loyalty.

Compete against fewer brands.

Better marketing spend

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HOW TO MARKET A NICHE?

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Thorough research

Industry knowledge

Versatility

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1

Conscious consumers

Bee’s Wrap is looking to replace plastic wrap with options made from beeswax. The natural alternative to food storage is not only environmentally friendly, but also more cost-effective for consumers because they’re reusable.

CASE STUDY FOR  NICHE MARKETING

2

Pet owners

Patricia’s Couture has carved its own niche in this market—they sell personalized kaftans, pillows, pajamas, blankets, and other items you can plaster your beloved pet’s picture on.

CASE STUDY FOR NICHE MARKETING

3

Travelers

Nomatic is a luggage brand geared towards travelers, but especially digital nomads that prioritize functionality. You can see this audience focus represented across their entire business, from their product to their copywriting.

CASE STUDY FOR NICHE MARKETING

4

GAMERS

Glorious PC Gaming Race, with products specifically aimed at PC gamers. It’s become a 7-figure business that basically runs on auto-pilot.

CASE STUDY FOR NICHE MARKETING

Market

HOW TO FIND YOUR OWN NICHE MARKET?

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1. The product features you aim at your market's needs.

2. The price range for your products

3. Production quality