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What is a niche market, and how to find your niche to start an online business?
In this podcast episode, I have discussed the niche market and its importance to succeed in the business.
What is the meaning of niche?
In a simple language, we can define a niche as the focussed area of a broader market. Finding a proper niche is essential for businesses to distinguish themselves from the competition.
Before starting any business, the most critical factor to be focussed on is a niche market. If you want your business to survive in this vast competition, you should select your niche carefully, i.e. the niche with underserved or unmet needs.
A successful businessman's simple strategy is: to focus on a specific niche, build audience and authority in that niche, and then diversify the niche.
Most of the time, people start their online business without proper market research and identifying a passion that leads to bankruptcy and lost money.
Do you want to start a successful online business?
Proceed further and listen to the podcast to learn in detail the importance of niche and find your niche to start an online business that will succeed in the future.
About me
Hi, I am Avi Arya, father of 2 girls, 6 dogs, husband to a superwoman, a streetcar racer turned hotelier now a social media marketer, a TedX speaker, a corporate trainer, business coach, met many great influencers around the world like Gary Vee, Dan Lok, Billy Gene, Grant Cardone and founded Internet Moguls (a 225 member company working for over 700 hotels across 10 countries).
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In this podcast episode, I have discussed the niche market and its importance to succeed in the business.
What is the meaning of niche?
In a simple language, we can define a niche as the focussed area of a broader market. Finding a proper niche is essential for businesses to distinguish themselves from the competition.
Before starting any business, the most critical factor to be focussed on is a niche market. If you want your business to survive in this vast competition, you should select your niche carefully, i.e. the niche with underserved or unmet needs.
A successful businessman's simple strategy is: to focus on a specific niche, build audience and authority in that niche, and then diversify the niche.
Most of the time, people start their online business without proper market research and identifying a passion that leads to bankruptcy and lost money.
Do you want to start a successful online business?
Proceed further and listen to the podcast to learn in detail the importance of niche and find your niche to start an online business that will succeed in the future.
About me
Hi, I am Avi Arya, father of 2 girls, 6 dogs, husband to a superwoman, a streetcar racer turned hotelier now a social media marketer, a TedX speaker, a corporate trainer, business coach, met many great influencers around the world like Gary Vee, Dan Lok, Billy Gene, Grant Cardone and founded Internet Moguls (a 225 member company working for over 700 hotels across 10 countries).