{"id":15379,"date":"2013-05-03T05:05:51","date_gmt":"2013-05-03T05:05:51","guid":{"rendered":""},"modified":"2013-05-03T05:05:51","modified_gmt":"2013-05-03T05:05:51","slug":"25-Experts-Were-Asked-What-is-a-Niche--The-Answers-Will-Astonish-You-","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=15379","title":{"rendered":"25 Experts Were Asked \u201cWhat is a Niche?\u201d The Answers Will Astonish You!"},"content":{"rendered":"<p>The question, \u201cwhat is a niche?\u201d can have a vast range of views, perspectives, and variety of responses.  That\u2019s actually what I did.  I have stepped out and asked this great question of \u201cwhat is a niche\u201d to some of the best marketers online today.  Here is the exclusive and unedited responses that I had received when asked \u201cwhat is a niche?\u201d:<\/p>\n<p>1.) Seth Godin explains a niche as \u201cif it\u2019s not mass, if it\u2019s just for some, not all, it\u2019s a niche.\u201d<\/p>\n<p>2.) Jeremy Jones says a niche is a specific target marketed topic you can become known for<\/p>\n<p>3.) When I asked Jim Cockrum, \u201cwhat is a niche\u201c? His responses,  \u201dGreat question. From an online marketers perspective (my perspective specifically) a\u201dniche\u201d is a topic, item or concept that has the potential to be an online rallying point for those with similar interests and needs related to the given topic, item or concept.\u201dHe added; \u201cThe true opportunity in niche marketing is for the leaders, mavericks, and trend setters in those niche markets. Done well, you can become a trusted source of information and leadership on virtually any topic, item or concept as long as there are others online with similar interests or curiosities.\u201d<\/p>\n<p> 4.) I define a niche as simply \u201ca specialized area of interest.\u201d  On the Internet, at least with my customers, I have discovered that the businesses that have a more targeted, laser-focused niche do better than those with a vague, walmart-like goal.  While a niche product has a smaller potential customer base, it also has fewer competitors to rise above. \u2013 Eric Spellmann, founder of EricSpellmann.com.<\/p>\n<p> 5.) A niche is a defined marketplace and targets a select segment of a larger group. In the social media sphere, aniche is a group of people that share common interests, hobbies or professional associations. Often times these special groups incorporate community category_idelines. Brands can utilize niches to drill down and target consumers in less congested environments other than Facebook and Twitter, like Instagram, Pinterest and Foodspotting.  Bob Speyer is the co-founder of  WebSuccessTeam.com.<\/p>\n<p> 6.) A niche is defined as a narrow target market.  I think the word niche means small and focused.  A niche can be described by a variety of demographic, psychographic and geographic qualifiers. While some people might define your niche by the products or services you are selling, to me It is more about who you are selling to rather than what you are selling.  A very broad niche might include a whole industry: Computer users.  Automobile drivers.  Architects.   A more narrow niche might be: First time mothers of twins with ahousehold income of over $70K. Chris Brown, Founder of Resources-Results.com and Branding &#038; Marketing.<\/p>\n<p>7.) I\u2019d define a niche as a sub-segment of a greater audience. There\u2019s marketing, then there\u2019s the niche segment of digital marketing. Beneath that, a niche segment of social media marketing and so on. It\u2019s a portion of the audience that doesn\u2019t share all the characteristics of the greater whole. Fair?  Jason Falls ~ SocialMediaExplorer.com\/<\/p>\n<p>8.) John Saddington from TentBlogger.com simple puts it like this: Niche \u2013 a specialized but profitable corner of   the market.<\/p>\n<p> 9.) Niche is simply synonymous with a vertical or topic. Shawn Collins, AffiliateSummit.com<\/p>\n<p> 10.) Niche for our needs are well defined groups of people interested in a similar issues or topic. For example pork  producers who have more than 30,000 pigs is a very defined group of people. Niche does not necessarily mean small numbers of people. You can have a well defined group and have hundreds of thousands of people. Examples would include people interested in _just_ IU basketball, people interested in ice fishing, or people interested in cattle rodeos. &#8211; John Blue is the Chief of Community Creation at Truffle Media<\/p>\n<p>11.) Content Marketing Institute, define a niche &#8211; needs to be small enough that there is the possibility to position you or your company as the leading expert in the world at that niche.  Most companies go too broad with their niche (hence, not a good niche to pick). When you try to create content for everyone, you often end up being of little value to anyone.<\/p>\n<p>12.) We target our marketing campaigns by buyer personas. I believe that an audience\u2019s needs, demographics and pain points should have a powerful influence over content marketing and design. Even within a given vertical, there can be a number of niches defined by the buyer personas &#8211;  Bill Faeth, IMA Presdient ~  inboundmarketingagents.com<\/p>\n<p>13.) A niche is a well-defined segment of a larger market. The more specific you are in delineating your niche audience, the easier it is to target your marketing. A niche market provides an organization with the opportunity to uniquely fulfill the needs of its members based on their interests, past behavior, social media preferences and role in the purchase process. When defining your target market, it\u2019s useful to create a marketing persona as well as a social media persona to better understand your audience and the tradeoffs they\u2019re willing to make. HeidiCohen, President of Riverside Marketing Strategies HeidiCohen.com<\/p>\n<p>14.) Niche is a thorough expertise in a specific field of study.  Some marketing niches are SEO, blogging, whitepaper development, design, branding, usability, social media, videography, etc.  At DK New Media, we like to tell people our niche is focusing attention on how each strategy best interacts with the other.  Drives people nuts!  They think we should be all out experts in one field.  In our experience, the problem typically isn\u2019t specific to one field when a company\u2019s marketing is failing them\u2026 it\u2019s often how they\u2019re leveraging each interactively.  @Doug Karr is the founder of The Marketing Technology Blog.<\/p>\n<p> 15.) A niche is an area of expertise where you focus your learning, your practicing, and your branding. Andy Beal, creator of Trackur.com<\/p>\n<p>16.) Steve Farnsworth, Chief Digital Strategist ~ Jolt Digital Marketing.  Sticks to the good old fashion dictionary definition for niche &#8211; \u201da distinct segment of a market.\u201d<\/p>\n<p>17.) A niche is any well-defined market. Because they are well-defined, they can be marketed to as a group. Building contractors are a category in the construction trade, but I wouldn\u2019t consider that a niche because the category can include everything from residential roofers to airport terminal developers. You would be challenged to create a campaign to sell hammers to a group like that, even though the category uses a lot of hammers. You can\u2019t define a universal need, so you can\u2019t appeal to their desires.<\/p>\n<p> A well-defined niche would be independent pizza restaurants. They all share a number of attributes, such as a service area that is local, a product that is fresh-made and relatively inexpensive, and intense competition from franchise restaurants backed with ready-made advertising materials, sophisticated online ordering, and brand recognition. A marketer can easily target the independent pizza restaurant niche, recognizing that their universal need is to sell more pizzas, or more specifically to cost-effectively increase sales in a hyper-local market.  Tim Piazza creator of  prosocialtools.com.<\/p>\n<p>18.) Niche is just another word for a market vertical. How broadly (eg: shopping) or tightly (eg: non-matching socks) one goes must be defined depends in large part on things like start up capital &#038; other forms of leverage. If you are the #30 player in a broad market or rank on page 3 of the SERPs you might have significant expenses but essentially no revenues. In that case it would make sense to focus tighter on one aspect you can dominate. Some sites that went after pretty broad markets (like Yelp) also focused on one specific location so that they could saturate that market &#038; build up a critical mass in it before going nationwide.  Aaron Wall ~ SeoBook.com<\/p>\n<p>19.) Define a Niche?  A niche is generally a small group of individuals that share several distinct characteristics that set it apart from other more general markets. Everyone has their own niche, and it\u2019s important as marketers to understand the niche our business fits into so we can:<\/p>\n<p> \u2022         Target the right prospective customers<br \/>\n\u2022         Convey the right value proposition in our messages<br \/>\n\u2022         Continue to deliver what our customers care about most<\/p>\n<p>In search marketing, we target niche keywords (and even long-tail keywords) to ensure our messages are in front of the most relevant audience. In PR, we reach out to niche bloggers who would be most likely to talk about a specific topic. In social media advertising, we target ads to people with very niche interests.  Kari Rippetoe, Content Marketing Manager ~ Search-Mojo.com.<\/p>\n<p>20.)  What is a niche? A niche is what you offer, your speciality, your genius that you offer to those in your target market.(A niche is a French word pronounced \u201cnee-sh\u201d and refers to a dog house but, I just wanted to get that off my chest.)Your niche is your secret sauce, that can only be found inside you.For example, if you sell children\u2019s shoes your target market are parents of children who need shoes, if you are a vegan who makes vegan footwear for kids \u2013 THAT is your niche.  Ameena Falchetto<\/p>\n<p> 21.) A niche is a common theme that is focused and clearly defined. You can say I am writing about \u201csocial media marketing\u201d. If you have to add \u201cand\u201d then it seems to be several niches. I am writing about \u201csocial media marketing\u201d and \u201cmobile marketing\u201d. Or you can combine the example into \u201cdigital marketing niche\u201d. The wider the range of topics the less niche it is. Priit Kallas www.dreamgrow.com<\/p>\n<p>22.) NICHE- A specialized subset of a market comprising of a group of people with interest in a specific area that you want to target and promote to.  http:\/\/just-ask-kim.com<\/p>\n<p>23.) \u201cA lot of people think of a \u201cniche\u201d as a particular topic. I find it\u2019s more helpful to think of it as a group of people \u2014 united by a common interest or problem \u2014 who are attracted to you because of how you can  help them with that interest or problem. That takes the focus away from you and puts it where it should be: on the audience you intend to attract and serve.\u201d Sonia Simone, CMO ~ Copyblogger.com<\/p>\n<p>23.) Jayson DeMers from AudienceBloom.com defines a niche as this:<br \/>\nI like to think of a niche as a subsegment within an industry; a specific focus within a larger field. For example, SEO is a niche within the broader category of internet marketing. When thinking about niches, it\u2019s often helpful to identify other, similar niches. For example, social media marketing is a niche within the internet marketing category, and it intertwines and interacts with SEO.<\/p>\n<p> 24.)  A niche is a sub-section of an overall topic or market. For example, if \u201cfitness\u201d is the overall market, \u201cfitness for new moms\u201d would be a niche. Corbett Barr, Founder ~ Think Traffic<\/p>\n<p> 25.) The niche is the small group you want to target with your product and\/or your service. The niche is just a general description about whom you want to target. The people you want to target are your trusted clients and advocates (your tribe\/community)The whole idea is not what is a niche but more so how to leverage what you know and what your position versus your competitors to find the most ROI from your clients.  To find your niche, you need to do market research on your competitor and creating a SWOT analysis. Sean Sullivan, Founder ~ Converge Street<\/p>\n<p>http:\/\/snitchim.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The question, \u201cwhat is a niche?\u201d can have a vast range of views, perspectives, and variety of responses. 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That\u2019s actually","magazineBlocksPostCategories":["News"],"magazineBlocksPostViewCount":181,"magazineBlocksPostReadTime":10,"magazine_blocks_featured_image_url":{"full":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg",113,170,false],"medium":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg",113,170,false],"thumbnail":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg",113,150,true]},"magazine_blocks_author":{"display_name":"njaiyo","author_link":"https:\/\/asiancemagazine.com\/?author=6"},"magazine_blocks_comment":1,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/255e26fc52858afad234c2c1d44c946e16c565fd0ef5615b0c1caa793897759d?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-1\">News<\/a>","_links":{"self":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/15379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15379"}],"version-history":[{"count":0,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/15379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/media\/72448"}],"wp:attachment":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}