What is a market niche?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the best for the company - team work or individual excellence?

632


What is the one thing which you like the most about a sales job?

765


What is the decision making process required in this field?

678


Explain what is your psychology of selling?

682


9. Give me an example of a time when you motivated others, either in your community or place of work.

4295






In which situations would you use an "intensive growth" strategy?

1950


Hi... I have done MBa in Marketing and working in sale since last 1.7 years. I want to join SAP. Socan anybody explain me is it the right time to join or shal i gain more experience... whaich are the best institutes in Pune???

1812


How would you go about persuading a customer that our product was better than any other?

1388


How we can Evaluate Market Potential and Risk? Especially in Telecom and Banking Sector

1781


Which of the following do you prefer - a good manager, a satisfying job, a fat pay check?

644


How do you rate your expertise in retail field?

691


Suppose you met a celebrity customer, what will your reaction be?

652


where you want to see yourself after 5 year?

1752


Rate yourself on your learning abilities in terms of fast learner, slow learner, moderate learner?

660


people can u guess who is the pseudo customer in the world; also tell who is the surrogate customer; in marketing.

2070