In the world of business, finding a niche market can be the difference between success and failure. A niche market is a specialised segment of a larger market that has unique needs, preferences, or characteristics. Companies that cater to a niche market can differentiate themselves from competitors and build a loyal customer base. In today’s competitive environment, targeting a niche market can be a smart and profitable move for businesses. A niche market offers the potential for greater profits due to decreased competition and a more focused ability to target customers efficiently. A compan...
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