Monday, January 23, 2012

What is a "Niche"?

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. It is also a small market segment and an example would be a bridal shoe shop because there is not very many of them around.

A niche social network is a social network comprised of members of a particular niche market. The development, population, and administration of such a social, while possessing properties of a global social network does require different skills and special treatment by the developer. This board is for the discussion of those differences.