(business) niche

/ˈˈbɪznɪs niːʃ/

 

noun‍ ‍

Definitions

  • a group of named and noticed by the Solo Business who have one or more shared characteristics (including demographics, desires, needs, behaviours, location…this is why the marketing folk love Solo Businesses who are clear in their niche 😉).

  • the specified space a Solo Business has identified as having a need that is not being fully or partially met (yet).

  • a specific (smaller) space a Solo Business has decided to contribute by playing a part in something bigger than the Solo Business.

  • a fundamental part of Solo Business that directly influences, informs, and inspires the Solo Business direction, decisions, and delivery.

Often confused with: (business) market


 

verb

Definition

  • looking, writing, or saying the niche aloud to focus the Solo Business 🧠 to support clarity in strategic planning, strategy, and day-to-day directions, decisions, and delivery.

Often confused with: (business) market

 

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Kathy Rast, SBO in Little Language Matters*

Little Language Matters* Kathy Rast is like chocolate left unattended on the kitchen bench, it’s always your choice to choose. Enjoy.

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(business) purpose