According to Wikipedia, a niche market is the subset of the market on which a specific product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that it is intended to target. It is also a small market segment. One of the top reasons which make businesses fail is choosing the wrong market. In this post, I want to share with you 5 of the most common mistakes people make when selecting the direction for their online business.
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