answersLogoWhite

0

A Rolls-Royce is a niche vehicle, because it caters to a very specific and limited clientèle. Furthermore, not only is it targeted towards individuals with robust incomes, but those in particular who are more concerned with luxury then performance. A Ferrari or Lamborghini-both also niche vehicles- appeal to more "performance oriented" consumers. It's very unlikely that a buyer would be torn between purchasing a Rolls-Royce or a Lamborghini; maybe a Rolls or a Bentley, or Lambo or Ferrari, but not Rolls or Lambo. They're just in different niches and appeal to a small and discerning group of customers. A Rolls-Royce's niche is to satisfy the needs of the discerning super-luxury automotive buyer; it exhibits the best of its niche market and fulfills the consumer's needs flawlessly.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What are some examples of a niche product?

One good example is A hybrid vehicle


What is the definition of a niche product?

A Niche Product is the product that is accurately fashioned to foregather the requirements of that primary segment.


Example of niche marketing?

Squirrel collects nuts


Is the Ipod a niche product?

nooooooooooo it is a apple product


Can everyone buy rollsroyce car?

all you need is money


Is diet pepsi a niche product?

yes


What is niche in tagalog?

Niche in Tagalog translates to "sa panulok," which means a specific segment or market that a product or service is targeting.


Define what niche holiday product?

a niche holiday is a holiday that is targeted at certain types of people. for example. New Jersey have Highlands Inn , which is for Christian people, and teaches Bible lessons and history of Christianity and many more religions


Would price be an advantage when dealing with a niche product?

no


What is a niche sport?

UFC is an example.


Origanal price of RollsRoyce in 1974?

more than your dumdass can pay for one.


What is market niche research?

Niche Market Research is the first step an Internet Marketer takes to seek out a product that will sell well. Without market niche research there is no way of telling if the product will sell, who to sell the product to; and whether it is worth looking into the niche at all. Market niche research involves (among other things) looking up relevant keywords; analysing competition; identifying how to sell the product and who to sell it to. It is a time consuming but essential process for anybody wanting to make money as an Internet Marketer.