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Words in Business News
By Jon Fernquest

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[Thai Economics Library | Archives (for history)]
September 25, 2006

Niche

niche (noun) -
a. a specialized market
b. a smaller market in a larger market
c. a small market with very focused customers, needs, and products


Example sentences:

* He found his own little niche at the company doing what he does best.

* Small companies can succeed if they fill a special market niche before other companies.

* Each animal has its own ecological niche.

* The book The Long Tail is part of a general trend towards niche markets.

* Flexible manufacturing allows Japanese companies to supply niche markets.

* To survive, you'll have to carve out a niche for yourself in fashion design.

* There's a niche for a small stylish affordable sportscar.

* There will always be a niche in the market for enterprising businessmen to find.

* It took five years for the handbag producer to establish a niche in the leather goods industry.


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