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niche market

 

Definitions from the Web

Niche Market

Description: A niche market refers to a specific and specialized segment of a larger market where customers have unique needs, preferences, or demands. It typically consists of a smaller group of people who share a common interest or characteristics.

Sample sentences:

  1. The company successfully targeted the niche market of vegan beauty products.
  2. In this niche market, there is a growing demand for personalized pet accessories.
  3. Entrepreneurs often find niche markets to be more profitable due to less competition.
  4. Her online store caters to the niche market of vintage vinyl collectors.

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