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What Is Niche Marketing?

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What Is Niche Marketing?

Niche marketing is a manifestation of how much Internet marketing has evolved in recent years. Niche marketing is based on a real world model, that is, it is a business strategy that is focused on real people with real needs and with real money to spend.

Niche marketing is a technique that seeks to conquer small and usually unattended markets that are fueled by a strong passion for a particular interest. The benefits of cornering these markets are enormous. First, you will encounter little competition. Second, the market is driven by enthusiasm and they will continuously support a product that they like.

To illustrate, five years ago, Internet marketing strategies focused on general markets. “I want to make money online,” one would have said, “so I’m going to sell products for dog enthusiasts.” But dog enthusiasts comprise a pretty broad market. A lot of online businesses are already catering to their needs.

But today, internet marketing strategies are focusing on specific markets. Instead of targeting dog enthusiasts, they target Sharpei owners. This is niche marketing in a nutshell.

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