Asked in Business PlansAngel and Venture CapitalProject Management
Angel and Venture Capital
How can a company implementing niche strategy?
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Asked in Definitions
What is the definition of a competitive strategy?
What is the advatage of a niche company in a market?
A niche company can grow using small demographics whether these demographics are online or offline. Such a company can create flowing income out of exposing to a targeted group of clients and selling a product that will create a steady attention flow, or broadcast to sell a service via the small to medium publicity channels. A niche company can grow easily if marketed well or using a special kind of strategy.
Asked in Companies
When implementing a decision a company must ensure that its actions remain consistent with its?
Asked in Business & Finance, DIY Projects
How do you do evaluate the competitive strategy of a company?
Asked in Business Plans, Aldi (store)
Does Aldi's low cost strategy imply that the company offers low quality?
Example of Intensive growth strategy of any company?
Asked in Project Management
What is administrative strategy in project management?
Explain why a niche company might have an advantage in a market Would price necessarily be an advantage Explain why or why not?
Define cost leadership strategy and relate this strategy with Porter's Five Forces of CompetitionExplain airasia how the Company implement this strategy and what are the advantage and risk associated?
Asked in Business & Finance
What is productivity and strategy?
strategy means a specific way for doing something for example - if a company want to received his money back from his debtors than firstly company give them a letter , is they not give back money to company than company contact him at telephone and then meet him but after than company take legal action . It is strategy
Asked in Business & Finance, Jobs & Education
What is the Whole Foods' Company strategy What are their Company goals and were they successful in achieving those goals?
Asked in Ecosystems
What does it mean for an organism to have a niche?
When an organism is said to have a niche, that means that it has some kind of specialty, usually involving the type of food that it eats, or its strategy for obtaining food, which is in some way different from that of other species. The koala bear eats the leaves of the eucalyptus tree. That is its niche. The scarab beetle eats dung. Catfish eat algae. A cactus performs photosynthesis, and does it with intensively water-conserving methods which allow it to grow in arid regions. Each of these has a very different strategy of survival, which can be described as an ecological niche.
Explain types of marketing?
What defines the members of a niche market is not the market size, but some unique characteristic shared by all members of that niche market. Marketers then use that to inform decision-making about marketing strategy and develop tactics to understand the consumer needs of that group then create marketing plans to target that niche group. Niche marketing is the resulting tactic of implementing marketing strategies specifically for targeting a niche market segment, often by capitalizing on the presence of a unique characteristic of that market. For example, the market for people aged over 55 is one example of a 'niche market'. Similarly the African-American market is a 'niche' market, even though it is a large group of consumers. The gay market is another niche market group of millions of consumers around the world. So-called 'grey' marketing, African- American marketing and gay marketing are examples of the resulting marketing strategies that result from defining segments by way of niche market approaches. Niche marketing has been shown to be a very effective means for mass market brands to seek to better position their products and services to appeal to niche market consumers.