Niche marketing often focuses on market segments that are poorly targeted, or not targeted at all. Businesses that capitalize on the opportunities that lie in an untapped segment can open up the doors for an influx of success. Marketers identify the niches to target by identifying the desires and needs of consumers in specific segments. Efficiently tailoring a marketing campaign to a niche audience is crucial.
2) Another booming niche market is catering to seniors - 75 million Americans were born in the years between 1946 and 1964 (the so-called baby-boomer generation) and are now retiring or headed for retirement and according to research by the American Association of Retired Persons (AARP) nearly 90% of them wish to continue to live at home in their communities. This has opened up many opportunities for small businesses that cater to this niche market:
I have 3 VAs. I couldn’t function without them. It doesn’t matter how big or how small a business is, they all need help running their day-to-day administrative tasks. Virtual assistants perform a variety of tasks that a traditional assistant or secretary would normally do, including making travel arrangements, paying bills, or managing expense reimbursements. I use them to upload content, optimize images, brief writers etc.
If my piece of content is so unique and valuable around hiking backpack recommendations, that other reputable outdoor websites are willing to link to it and build the page’s authority, then I’d have a very real opportunity to rank high in organic search for these search terms (meaning, my page will come up first when someone searches for hiking backpacks).
Unlike mass audiences, which represent a large number of people, a niche audience is an influential smaller audience.[2] In television, technology and many industrial practices changed with the post-network era, and niche audiences are now in much greater control of what they watch. In this context of greater viewer control, television networks and production companies are trying to discover ways to profit through new scheduling, new shows, and relying on syndication.[citation needed] This practice of "narrowcasting" also allows advertisers to have a more direct audience for their messages.[3]
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