Narrowing your niche is better than widening it — start with a large niche full of customers, then carve off a small chunk where people have unmet needs

The counterintuitive niche strategy is to begin inside a large niche where customers already exist, then carve out a specific sub-segment where unmet needs are concentrated — this produces a focused market position rather than a broad, unfocused one.

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The counterintuitive niche strategy is to begin inside a large niche where customers already exist, then carve out a specific sub-segment where unmet needs are concentrated — this produces a focused market position rather than a broad, unfocused one.

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  • Teaching16:34

    Narrow Your Niche to Carve Out an Unmet Need

    Narrowing your niche is better than widening your niche - start with a big niche where there are lots of customers, then carve off a small chunk where people have unmet needs