February 8th, 2010 — Niche Market
Niche Market
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.
Every single product that is on sale can be defined by its niche market. As of special note, the products aimed at a wide demographic audience, with the resulting low price (due to price elasticity of demand), are said to belong to the mainstream niche—in practice referred to only as mainstream or of high demand. Narrower demographics lead to elevated prices due to the same principle.
In practice, product vendors and trade businesses are commonly referred as mainstream providers or narrow demographics niche market providers (colloquially shortened to just niche market providers). Small capital providers usually opt for a niche market with narrow demographics as a measure of increasing their gain margins.
Nevertheless, the final product quality (low or high) is not dependant on the price elasticity of demand; it is associated more with the specific needs that the product is aimed at satisfy and in some cases with brand recognition with which the vendor wants to be associated (e.g., prestige, practicability, money saving, expensiveness, planet environment conscience, power, &c.).
Online niche marketing
An often used technique for affiliate marketers is Internet-based niche marketing. By appealing to smaller segments of larger markets, referred to as niches, a website can be developed and promoted quickly to uniquely serve a targeted and usually loyal customer base, giving the affiliate a small but regular income stream. This technique is then repeated across several other niche websites until a desired income level is achieved. A bigger niche is harder to market to as the expense of online advertisements increases according to the popularity of the keywords used (on Adwords, for example).
Some niches may become saturated with marketers, increasing competition and thus, according to the economic law of supply and demand, reduceing the slice of the pie available to each competitor. One solution is to find smaller, “undiscovered,” but still profitable, niches, usually by searching out the best keywords to target. These lower cost keywords are called long-tailed keywords, as in the long tail of secondary keyword phrases that usually follow the main keyword in popularity of number of searches conducted by internet users. Some are too obscure and may have very few or even no clicks per month, and therefore not much use to target.
The concept of niche marketing can be well understood by the following example: A number of television channels cater to the need of a particular niche; for example, sports channels like STAR SPORTS, ESPN, STAR CRICKET, and TENS SPORTS target a niche of sports lovers.
February 8th, 2010 — eBay Pulse
eBay Pulse
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February 7th, 2010 — Amazon.com Bestsellers
Amazon.com Bestsellers
Clothing Bestsellers
Levi’s Men’s 501 Jean Levi’s
Levi’s Men’s 550 Relaxed Fit Jean Levi’s
The Mountain Three Wolf Moon Short Sleeve Tee The Mountain
Toys & Games Bestsellers
Bananagrams by Bananagrams
LEGO Ultimate Building Set – 405 Pieces by LEGO
The Settlers of Catan by Mayfair Games
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Flip UltraHD Camcorder, 120 Minutes (Black) by Flip Video
Canon Digital Rebel XSi 12.2 MP Digital SLR Camera with EF-S 18-55mm f/3.5-5.6 IS Lens (Black) by Canon
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Electronics Bestsellers
Kindle Wireless Reading Device (6″ Display, Global Wireless, Latest Generation) by Amazon
Apple iPod touch 32 GB (3rd Generation) NEWEST MODEL by Apple
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Books Bestsellers
Food Rules: An Eater’s Manual by Michael Pollan
The Help by Kathryn Stockett
Game Change: Obama and the Clintons, McCain and Palin, and the Race of a Lifetime by Mark Halperin
Video Games Bestsellers
Bioshock 2 by 2K Games
PlayStation 3 120 GB by Sony
Just Dance by UBI Soft
February 7th, 2010 — Yahoo! Buzz
Yahoo! Buzz
Western officials dismiss Iranian nuclear proposal (AP)
AP – Western powers pressured Tehran on Saturday to commit to a proposal designed to dispel concerns about its nuclear program, dismissing conciliatory comments from Iranian officials as mere rhetoric meant to forestall new sanctions. » See more
Bill Cosby Dead | www.usspost.com
Bill Cosby Dead | www.usspost.com: William Henry “ Bill” Cosby , Jr. (born July 12, 1937) was an American comedian, actor, writer and television producer, musician and activist. » See more
Watch Avatar Movie & Download it for Free
AVATAR takes us to a spectacular world beyond imagination, where a reluctant hero embarks on an epic adventure, ultimately fighting to save the alien world he has learned to call home. » See more
Obama admits health care overhaul may die on Hill (AP)
No, maybe he can’t. President Barack Obama, who insisted he would succeed where other presidents had failed to fix the nation’s health care system, now concedes the effort may die in Congress. » See more
‘Tea party’ activists eagerly await Palin’s words
Many activists attending the inaugural national “tea party” convention see Sarah Palin as the right person to carry their limited-government, … » See more
Channing Tatum Jerks Tears in ‘Dear John’
Love in letters. In the new drama Dear John, filmmakers are trying to turn on the water works. Channing Tatum and Amanda Seyfried star as lovers torn apart by war, with only their letters to make it… » See more
15 Toyota Tales – From Bug Shaped Micro Cars to Hybrid Pickup Trucks (CLUSTER)
(TrendHunter.com) Toyota is in the news today for all the wrong reasons. The last thing a car company wants to make headlines with is a massive recall. A few weeks ago Toyota had to recall all of its… » See more
China Embraces Freedom Of Movement; America Increasingly Rejects It
Image by zieak via Flickr Hannah Arendt may have been overstating the case when she identified freedom to marry as one of the key components of political freedom, but she was certainly correct in highlighting the central importance of freedom of… » See more
Brendan Burke | www.usspost.com
Brendan Burke | www.usspost.com: t is impossible to know where to begin with this. Brendan Burke says he was a distant and young people in 21 when he died as a result of injuries sustained in a car accident in Wayne County in the state of Indiana,… » See more
Roundtable: Who surprised on Signing Day?
Despite some on-field success, Jeff Tedford and Cal have not usually been a major player in the national recruiting rankings. That changed this year as teh Bears signed two five-star prospects and finished 11th nationally, 31 spots higher than last… » See more
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February 6th, 2010 — Google Trends
Google Trends
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