Question

niche

Answer 1

A niche can refer to a specialized or specific area or market within a larger industry or market. It is a distinct segment that focuses on a particular target audience or specific needs, often serving a smaller, more specialized customer base. A niche can also refer to a specific area of expertise or interest that a person or business specializes in. Finding and targeting a niche can be a strategic business decision as it allows for differentiation and the ability to serve a specific group of customers more effectively.