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	<title>tinynicheriches.com &#187; market niche</title>
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		<title>Tiny Niche Riches</title>
		<link>http://tinynicheriches.com/4/tiny-niche-riches/</link>
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		<pubDate>Mon, 11 Jan 2010 05:11:11 +0000</pubDate>
		<dc:creator>tiny</dc:creator>
				<category><![CDATA[niches]]></category>
		<category><![CDATA[affiliate]]></category>
		<category><![CDATA[affiliate marketing]]></category>
		<category><![CDATA[market niche]]></category>
		<category><![CDATA[niche]]></category>

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		<description><![CDATA[The concept of niche marketing can be well understood by the following example: a number of tv channels caters to the need of a particular niche.for example sports channels like STAR SPORTS, ESPN, STAR CRICKET,TENS SPORTS are focusing towards a niche of sports lovers.]]></description>
			<content:encoded><![CDATA[<p>A niche market is the subset of the market on which a specific product is focusing on; 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.</p>
<p>Every single product that is on sale can be defined by its niche market. As of special note, the products aimed at a wide demographics audience, with the resulting low price (due to Price elasticity of demand), are said to belong to the Mainstream niche, in practice referred only as Mainstream or of high demand. Narrowed demographics though lead to elevated price because of the same principles.</p>
<p>An often used technique for affiliate marketers. By seeking out 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.</p>
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