Explain why targeting a niche is a good strategy

Assignment Help Operation Management

Reference no: EM131685797

Choosing the most appropriate target audience is key to success in marketing. Market-nichers avoid large markets and try to be the leader in a small market or niche.

Select and describe 3 market-nichers (firms and/or brands).

Identify the target audience for each.

Explain why targeting a niche is a good strategy for these firms/brands?

Reference no: EM131685797

Questions Cloud

The ecosystem and a map showing its distribution to share : the ecosystem and a map showing its distribution to share with us. What can you tell us about this ecosystem in biogeographical terms

Describe the incentives of the parent : Why might McDonald's and its franchisees disagree on the proper retail price to charge? How do the incentives of the parent and its franchisees differ.

Discuss significant pathways of oxygen in the atmosphere : Identify its significant pathways of oxygen in the atmosphere, hydrosphere, biosphere, and pedosphere. Where are the major stores

The recommended ideal number of state legislators : Does Louisiana comply with the recommended ideal number of state legislators?

Explain why targeting a niche is a good strategy : Explain why targeting a niche is a good strategy for these firms/brands?

Discuss what are the major species in this community : What are the major species in this community. Identify them by scientific name if you can and provide details on their niche

Examine the revenue-based royalties in franchisees : Why might you expect to see flat royalty payments in home-based franchises but revenue-based royalties in franchisees that operate from commercial buildings?

Algebraic model to maximize the total profit : Formulate the problem as an algebraic model to maximize the total profit. Identify the amount of unused resources, i.e. slack, at the optimal solution.

Briefly define the risk between the parties : How does a franchise contract in which the parent company supplies ingredients to a franchise holder reallocate risk between the parties.

User Account

All Pages