Business Studies, asked by farrahaslam617, 9 months ago

specially designed shoes.
a) What is meant by a 'niche market?
b) Identify two examples of the different markets for TGH products,
dontifor and avolain to con​

Answers

Answered by neha7074
2

Answer:

A niche market is a subset of a larger market with its own particular needs or preferences, which may be different from the larger market. For example, within the market for women’s shoes are many different niches, or segments.

Answered by natnoodj
2

Answer:

a....A niche market is a subset of a larger market with its own particular needs or preferences, which may be different from the larger market. For example, within the market for women's shoes are many different niches, or segments......

b....For example, within the market for women's shoes are many different segments or niches. Shoes for vegan women would be a niche market, as would shoes for plus-sized women, shoes for nurses, and shoes for transgendered people. These are all niche markets within the larger market for women's shoes.......

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