BY BHUPENDRA LODHI
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
Positive
Develops greater brand loyalty.
Compete against fewer brands.
Better marketing spend
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Positive
Thorough research
Industry knowledge
Versatility
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Market
1. The product features you aim at your market's needs.
2. The price range for your products
3. Production quality