niche

How to Identify a Niche?

Identifying a niche involves several steps:
Market Research: Conduct thorough market research to identify gaps or underserved segments in the market.
Assess Your Strengths: Evaluate your own skills, experiences, and interests to see where they align with market opportunities.
Analyze Competitors: Study your competitors to understand what they are offering and identify areas where you can differentiate yourself.
Test and Validate: Before fully committing, test your niche idea through minimum viable products (MVPs) or pilot programs to validate demand.

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