A
niche product refers to a specialized or targeted product that caters to a specific group of people with unique needs or interests. It is not designed for mass appeal but focuses on fulfilling the requirements of a specific market segment.
Full definition
Banks often have
niche products for borrowers with a unique purchase — for example, manufactured homes or home construction.
Some of the smaller
niche products in the industry come with relatively high fees of close to 1 % or even more.
We already have wearable gadgets designed solely to track your jumping or to help you keep tabs on your dog, so expect
more niche products at the big show.
Other than traditional insurance products, the company has also launched
niche products like fine arts insurance, errors & omission policy, credit insurance, etc..
Some cars have this type of system built in, but they're expensive and used in
very niche products.
In addition to the more standard boarding and grooming, startups are now
offering niche products and services, including wearable fitness trackers, game consoles, and even sex dolls.
Plant - based protein powders are currently a
relatively niche product, meaning that fewer companies produce them (although demand is definitely growing — hence this post!).
The off - season after next year will be much longer as a result and could invite the casual fan to lose interest in an
already niche product.
This plays exactly into the hands of the small self publishing business because it allows you to earn from many
small niche products where no big corporation can afford to compete.
You can buy and sell them during the trading day, and research more
complicated niche products and strategies, like selling short.
In the money world, we can sometimes
list niche products you need to apply for through a special website to get certain terms.
The suggestions should help drive some thinking
around niche products veterinarians could successfully market at their practices.
With this episode, Strong Bad's Cool Game 4 Attractive People has gone
from niche product to required playing for any fan of adventure gaming.
The Model S and Model X, selling respectively for around $ 70,000 and more than $ 120,000, have so far largely
remained niche products.
Going Mainstream If retailers and manufacturers want to make raw food products more than
just niche products and more on par with canned and kibble products, there are a few key elements to focus on.
However, such devices are destined to
become niche products when tablets really take off (and by really take off, I mean to the point that they're as ubiquitous as laptops are today).
With smartwatches remaining a relatively
niche product category, Android Wear vendors have been the worst hit, with Apple and Samsung — neither of whom use Google's wearable OS in their devices — emerging as the top two vendors in the industry.
Dmitry Koval, founder of Crix.io, a cryptocurrency trading platform, said in a recent interview: «Our mission is to contribute to the community and ecosystem by creating the best
niche products such as exchange - traded futures contracts suitable for hedging and high - leveraged trading.»
Our mortgage brokerage is licensed to deal with mortgages in Stratford and Mortgage Broker Store offers a
few niche products including:
But he sees plenty of opportunity for developers to
market niche products that build on data available through existing databases such as CanLii.
The holding company's subsidiaries specialize in property and casualty insurance,
particularly niche products for businesses in the U.S.
Unlike former CCA chief executive Terry Davis, who claimed
new niche products barely moved the dial, Ms Watkins believes product innovation is worth the investment even if it takes months or years to achieve returns.
The company has seen weak demand for their e-Paper displays and many of the companies employing their latest tech are
fairly niche products.
Selling Points Although eco-friendly collars and leashes may be still
considered niche products, many retailers see value in offering options.
Country Crock has the perfect solution for brands with a
highly niche product: don't talk about your brand at all.
Phenomenal sales success permits brands like Nissan to
develop niche products that are able to cultivate new markets for the company as well as let the firm showcase its technical capabilities.
The Entourage Edge and Pocket Edge were the first models that become popular and over the
years niche products emerged such as the GVIDO, which was aimed at musicians and the upcoming eOneBook which is geared towards manga.
A handful of outliers did indeed manage to make their mark, stirring up some positive buzz about their quirky,
innovative niche products.