Saturated Markets Offer Opportunity for Niche Market Entrepreneurs

Aug 122016
 

Marketing history is dotted with examples of companies who have been successful entering a “saturated market.” The secret to winning is carving out a niche. Entering a crowded and competitive market is a good strategic option. I provided the San Fernando Business Journal with insight into such a winning scenario. Existing markets have large numbers of consumers and proven demand. “Going into a well-developed market and carving out a niche in an existing market can be less risky and expensive for an entrepreneur than doing something totally new.” Selling a new angle is easier, faster and cheaper than trying to introduce a brand no one has heard of for a product no one has heard of.”
San Fernando Business Journal Niche Market

© 2014 Lisa Merriam