What is a market niche?
Answers were Sorted based on User's Feedback
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 |
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 |
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 |
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 |
List the stages of plc?
I face this question in interview 1) suppose If we have one product with 51% discount & we will sell the same product to customer with 50% discount means how much our profit I told 1 % but interview panel guy told 2 % .how its possible?
Is your objective to sell the company or the product when target marketing a customer directly?
do you consider yourself a result driven person,if yes why?
what are 4p's of marketing.
6 Answers Coca Cola, TATA, Unilever,
What major clients have you closed over the last 6 months?
if u have three distributors.one is financially week & having negative attitude.your territory's turnover last month was 2 corer & now target is 5 corer .how you decide the target & how you deliver it?
2 Answers Hindustan Unilever Limited,
why you done m.b.a after completing msc mathematcs and b.ed
What do you think are the most important skills in succeeding in sales?
17 Answers Abul Khair Group, Alto, Cushman Wakefield, Mankind,
strengths & area of importance
What is outside sales? How is it different from indoor sales?
project for education sector marketing
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3208)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)