Follow Our FB Page << >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...

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

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 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

What do you think are your biggest weaknesses and strengths?

0 Answers  

As a Team Leader, what is your contribution for your team?

25 Answers   Consultancy, IBM, Infosys, WNS,

Which is more important for you: high salary or desired designation?

0 Answers  

What are your goals and long term objectives in life?

0 Answers  

there is any possible to same councilor to ask me or another?

0 Answers  

When is a "diversification growth strategy" appropriate?

2 Answers  

what is your major accommplishment?

4 Answers   Empower, Fugro,

what is sales.

12 Answers   Amul,

What is the definition of sale?

0 Answers  

market comes from ?

0 Answers  

What are the different ways in which you can give support to customers to solve their queries?

0 Answers  

Give me an example of a time when something you tried to accomplish and failed.

1 Answers  

  • 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 (111)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (15)
  • 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)