FRIDAY FINANCE WHAT DOES NICHE DOWN MEAN

Take a page from the recession-proof industries, whose customers continue to purchase goods and services perceived as essential. Create a similar sentiment among customers even if your product or service is not as essential as, say, ambulance services.

One way to achieve this is to niche down. Niching down means to cater so much to a specific need that your business becomes the essential go-to for it. Instead of an all-purpose bakery, become a gluten-free bakery. Instead of running a sporting goods store, become a soccer store. Instead of being a realtor, be a first-time homebuyer consultant. You get the idea.

But you must choose wisely: Niching down requires truly mastering the niche. Otherwise, customers will become dissatisfied and alienated. It's not an easy strategy to execute, but if it's done well, customers will be more likely to support your business, preserving your revenue.
 
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We have the knowledge of the online world and the marketing expertise to support your team or implement on your behalf. We will build a campaign that will ensure your target audience sees your brand at the right time in the right way to grab their attention and attract more leads and sales for your company.

We ensure that your brand mission, values, and identity remain the same across all platforms, including social media, email, website, and more, everywhere your brand can be seen by your target audience.

We are located in The Woodlands, Texas, with teams in Canada, the Philippians, and India. We serve English-speaking countries worldwide.

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