The lifecycle of
Niche as seen through
Eyes of Wild Bill: 1. Creation - For everyone there is a place. You must find your Niche. Your special place in
marketing world. 2. Development - Once created, you must finely tune your Niche as you would a musical instrument. 3. Exercise - Like muscle tissue, you must exercise your Niche with State of
Art Marketing & Advertising. 4. ReCycle - Occasionally you must recycle all or part of your niche to stay competitive. 5. Death - Everything has a time to die, and although many products seem to go on forever, sooner or later they come to their conclusion.
To have a "real" edge over your competitors you must know your market, who's going to buy your product and
strategy you will use to get them to do so. You have to know what business you are in and what product you sell. This sounds rudimentary, but all to often it is not. This my friend will be your Niche In The World.
How you develop your niche largely depends on
niche you have created already, knowingly or unknowingly.
Creating a Niche is quite like creating an entity unto itself. Creating, Developing and Nurturing your Niche can be
difference between failure and success.
Your Niche can make you stand head and shoulders above your competition. It can give you
ability to corner your own little piece of
consumer world.
Get a "Unique" Niche! Your Niche should allow your prospective client or customer to visualize that they are receiving something special, something only you can give them in a way that no one else can. How do you make your Niche stand out above
rest?
Major Market Niches: Service, Quality and Guarantee. These are 3 words to always remember: