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Question
- define niche using an example from the story. * your answer
In business and marketing, a niche is a specialized segment of the market with specific needs or preferences. For example, in a story about a small - town coffee shop, its niche could be offering organic, fair - trade coffee to environmentally conscious locals who value ethical sourcing and high - quality, unique coffee blends. This differentiates it from large chain coffee shops and caters to a particular customer group.
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A niche is a specialized market segment. In a story about a coffee shop, offering organic, fair - trade coffee to environmentally conscious locals is an example of a niche.