Go deep not wide - how to create your niche
Ready to stir your brain and tickle your mind to get ideas and insight that can help you expand the horizon of your business reach? Then jump right into this week’s episode of Business Veda. Today, we will talk about the much-hyped topic of ‘Creating your niche.Unlike many corporations that cater to the masses, niche businesses offer services to highly specific markets that are overlooked or underserved. From organic personal care products to luxury apparel for pets - let’s deep dive into how having a niche can help you make a lot of money.Your host Malay Damania is sharing how to win over your audience by creating a market strategy that is based on crafting a unique selling proposition, nailing down a specific business strength, and identifying the target audienceMalay shares these 5 tips to help you run a successful niche business:Discovering the right audienceDiscover the needKnow your customers Make a business planMarket your product to specific targetsRemember to FOLLOW the Business Veda Podcast for continuous learning and growth in the field of business! Buy Malay’s book - Business ChampGet 50% festive discount offer - just use the code GRABIT on checkoutMalay Damania conducts business mentoring and coaching sessions to help small and medium business owners, startup founders, entrepreneurs, and CEOs to get past their stagnancy in business to move into a growth trajectory.Book Free Consultation with MalayConnect with Malay at:Website - www.malaydamania.comLinkedin - https://www.linkedin.com/in/malay-damania-23285717Instagram - https://www.instagram.com/malaydamania/Email - malay@malaydamania.com**This show is produced and managed by Done For You Podcasts, full-service podcast launch and management company**
