Which of the following is most critical for successful niching?
A) having only a few specific customers
B) buzz marketing
C) follow-up
D) specialization
E) mass appeal of one idea

Question

Quizplus · Accepted Answer

Specialization is the most critical factor for successful niching. Niching involves focusing on a specific niche or specialized market to differentiate oneself from competitors. This allows a business to become an expert in that specific area and provide targeted solutions to the needs of that niche market. Without specialization, a business may struggle to differentiate itself and may not be able to provide tailored solutions that meet the specific needs of a narrow market.

Which of the Following Is Most Critical for Successful Niching