A specialized area of any product idea or service, a persons passion-what they love to do perform and grow in.
Now that is my definition. Here are a few definitions I got from the net.
Definitions of a niche via the web
A niche market- is the subset of the market on which a specific product is
focusing; therefore the market niche defines the specific product features aimed at satisfying specific market
needs, as well as the price range, production quality and the demographics that is intended to impact.
Here are few more that seems to fit the bill as well:
Material is often tailored to the demand of a specific area or interest - its niche market.
An easily identifiable market that can be targeted for direct promotion, ie golfers, model plane hobbyists,
Okay, so now you know what is a niche is, my question is do you know how to research your niche?
Researching your niche is the most crucial, and structural part of any website. To build a website without
Who your competition is on the internet
Implementing your niche enthusiasm
How developing your website with keywords and phrases with relevant content will or will not perpetuate
your website to the top 10 in your niche market. Even in your local markets if you have a brick and mortar
Don't leave money on the table.......if you don't learn this phrase and pursue as many avenues of potential
income you will be leaving money on the table.