What is a market niche?

Answers were Sorted based on User's Feedback



What is a market niche? ..

Answer / kamakhya prasad ghatuary

Niche market is the smaller version of
(Bigger market)mass market.This is a kind of potential
market.In the niche market what happen company make target
to the specific class and they market their product for
them.This type of market is also known as target market or
specific market.Like Junior Horlicks only for kids, virtu
mobile,diet coke( diabetics patients),etc

Is This Answer Correct ?    10 Yes 0 No

What is a market niche? ..

Answer / guest

A 'niche' market is a small but potentially profitable
market segment wherein custom-made products or services are
offered by a company. It is a small distinguishable segment
that can be uniquely served. Usually a loyalty business
model is used to maintain profitable volume of sales.

Is This Answer Correct ?    4 Yes 3 No

What is a market niche? ..

Answer / m.sankar

niche market is nothing but he act as a leader in small
segment. no one competitor he will maintaining a monopoly
position in small segment.for ex: "Amutham cool drinks" in
Tamilnadu

Is This Answer Correct ?    2 Yes 3 No

What is a market niche? ..

Answer / sanjay_chavda

niche market we can say that market part which is yet not
touch for market the product.eg.for some product do not
marketing in rural area. or in other word we can say that
it is small area which is trget for the specific product.

Is This Answer Correct ?    0 Yes 2 No

Post New Answer

More Marketing Sales Interview Questions

How many active accounts have you handled in the past?

0 Answers   Quest,


why did you choose marketing for your currier.

4 Answers   Coca Cola, Relaxo Footwear,


what is market status for Miniature Circuit Breaker in INDIA?

0 Answers  


a contract is an agreement but agreement can not be an agreement

10 Answers   College School Exams Tests, Herald, IBM,


what is marketing ?

3 Answers  






Briefly describe your ideal job?

0 Answers   ICICI,


What are the basic powerful sales ability skills?

0 Answers  


what is the role of a marketing manager in steel sector.

1 Answers  


what is prising stratigy and what are the different types of pricing.

1 Answers   Coca Cola,


What is meant by "C Form"? what are all its benefits in trading? Where it is used and Why it is used?

1 Answers   Accupack, Dalmia Group,


kindl le me know which moule have better prospect in indian market oracle crm versus orcale sales and disribution.

0 Answers  


what type of job profile is best for MBA(marketing)?

9 Answers   HDFC, ICICI,


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)