🛒Finding Success in Niche Markets
Explore how focusing on a unique market gap, such as traditional craftsmanship, can lead to high-impact differentiation and lower competition in crowded marketplaces.
29
550 reads
CURATED FROM
IDEAS CURATED BY
This curation explores P-TAL’s business strategies, blending traditional craftsmanship with digital expansion and health-centric marketing to create a globally recognized brand rooted in cultural heritage.
“
Similar ideas to 🛒Finding Success in Niche Markets
Auction. Some questions to ask
- How can we achieve a unique selling proposition that will allow us to steal customers from the big established players, such as eBay and Alibaba?
- Can we generate high reach for market players?
- How do w...
2. Prioritize your objectives (cont.)
Prioritize your objectives by asking important questions such as:
- Which of these initiatives will have the greatest impact when it comes to achieving our company mission/vision and improving our position in the market?
- What types of impact are ...
Using the Product Lifecycle
There are different stages of a product and different strategies apply to each of them:
- Market Introduction: High costs, low sales, little competition, customer education, marketing investment, low profitability
- Growth: Declining costs, higher sales volumes, profitability appe...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates