Qualification > Commerce

needs help ASAP please. [business ST]

(1/4) > >>

fifi_foofiette:
can anyone pleaseeee,
tell me what it means by;
niche market?
businesss exam is tomorrow morning,
so appreciate if any of yu wud give a hand. ;)

Ukhti-R:
 niche Market is a small segment in the market where specialized products are sold to a very small numba of customas

angell:
yup, in addition to roxy's explanantion, it is a small part of  amuch larger market

for example, there's a large market for clothes being sold in the UK, but XYZ company has identified a niche market for INDIAN SARIS which means that the population of indians living in the UK have an unsatisfied need known as  agap in the market which has been satisfied and is now a niche market.

Ukhti-R:
lol. yeah  I was reffering to the same past paper...:P

angell:
:P:P great minds think alike:P!

Navigation

[0] Message Index

[#] Next page