Comments on: Being Narrow-Minded Can Be Key to Success

By: Ardi,business solution idea

Ardi,business solution idea — Tue, 19 Feb 2008 01:27:42 +0000

niche market is ok. But we should consider many other things in winning business competition. for example: 4 P= product, price, place and promotion. Strategy window= strength, weakness, chance and threat. Anyway, this is great article. Thanks for sharing.

By: Chad Ledford

Chad Ledford — Thu, 14 Feb 2008 23:10:20 +0000

Our entire business model is built on identifying niche markets and pursuing them via online retail brands. The key to finding opportunities is to identify markets where there is a lack of competition with a customer base in need of a product or service. I would love to have some feedback from you about our approach and online retail brands.

By: sam

sam — Thu, 14 Feb 2008 23:05:49 +0000

What’s a sneaker? Is this 1955?

By: Ned Ryerson

Ned Ryerson — Thu, 14 Feb 2008 22:59:32 +0000

being narrow minded = being successful in a niche?

not sure guys.

By: Qualos

Qualos — Thu, 14 Feb 2008 22:55:16 +0000

This is nothing new. How about an article on how to research potentially profitable niches?

By: Nataly Short

Nataly Short — Thu, 14 Feb 2008 22:42:25 +0000

Yes I agree with you.
The shop owners should not send the customer away if there is nothing suitable on stock.

They should at least present a catalog or give tips where to find the desired item.

By: Mr. Polite

Mr. Polite — Thu, 14 Feb 2008 22:02:29 +0000

“Here’s something to think about: While the big retailers reported a somewhat disappointing Christmas 2007 season at the cash register, sales at niche retailers were reported up during the same period.”

Source on that? I liked the article until the closing statement. Now all of your facts are in question. No doubt, catering to a niche market can be very rewarding; but the power of the big box still has many Americans hypnotized. Case in point, I’ve counted 12 computer shops between my mothers home and the nearest Best Buy. Where does she take her laptop for repair? Best Buy. I’m certain _one_ of those shops could do a better job for less, but how is she to know they even exist?

Anyway, source on your closing statement please; I’m not trying to be an ass, but its contrary to what I’ve read elsewhere.

By: Workpost.com

Workpost.com — Thu, 14 Feb 2008 21:45:26 +0000

Excellent summary. The next time someone asks why we would want to create a Craigslist-inspired classifieds site focused on “work” and not much else I’ll direct them to this article.