If you are not sure whether you have chosen a good niche, consider these questions:
If you can’t put your ideal customers into a definable segment, your niche probably won’t be profitable. You should be able to easily identify who you’ll be doing business with. Your customers should have a set of reliable characteristics that define them and their needs.
Are you able to easily reach your target customers? You may have the best product or solution on the market, but if you have no way to inform customers about how you can help them, then you may need to consider a different niche.
Is the market you want to enter underserved or neglected? Some niches are oversaturated with small businesses or startups looking to tap into a market. If you really want to stand out, it might be a good idea to focus on markets that are underserved or completely neglected. Be careful not to get too hyper-niche, as this can hurt your SEO efforts . Competitor research can help you identify areas where your customers’ needs are not being met.
Does your niche have a large potential market? While low competition is ideal, it’s best to target a market and niche that is large enough to still be profitable. When it comes to your jordan whatsapp number database target customers, there should be enough of them, even if that means facing some competition.
Looking to break into an underserved or neglected niche? An example of a relatively niche industry is vintage typewriter restoration services. This industry caters to collectors, writers, and enthusiasts who appreciate the nostalgia of antique typewriters.
Toronto Typewriters repairs and restores typewriters for people who want to experience the time and craftsmanship of these old machines.
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