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Market vs Niche |Techmojito

A niche market is a segment of a larger market that can be defined by its own unique needs, preferences, or identity that makes it different from the market at large. For example, within the market for women's shoes are many different segments or niches.<br>

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Market vs Niche |Techmojito

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  1. MARKET VS NICHE www.techmojito.com

  2. MARKET A market is defined as the sum total of all the buyers and sellers in the area or region under consideration. The area may be the earth, or countries, regions, states, or cities. The value, cost, and price of items traded are as per forces of supply and demand in a market. www.techmojito.com

  3. TYPE S OF MARKET Nonphysical/Virtual Physical Black Knowledge Financial Auction www.techmojito.com

  4. Physical Market The actual market is a setup where purchasers can truly meet the merchants and buy the ideal product in return for cash. Shopping centers, retail chains, and retail locations are instances of actual business sectors. Nonphysical/Virtual Market In such markets, buyers purchase goods and services through the internet. In such a market the buyers and sellers do not meet or interact physically, instead the transaction is done through the internet. Examples - Rediff shopping, eBay, etc. www.techmojito.com

  5. Black Market An Underground Market is an arrangement where unlawful merchandise like medications and weapons are sold. Knowledge Market The information market is a setup that bargains in the trading of data and information-based items. www.techmojito.com

  6. Financial Market Financial markets refer generally to any market where the buying and selling of securities take place. Some examples of financial markets include the stock market, the bond market, and the commodities market. Auction Market An auction market is a market where the price is determined by the highest price the buyer is willing to pay (bids), and the lowest price the seller is willing to take (offers). The New York Stock Exchange (NYSE) is an example of an auction market www.techmojito.com

  7. NICHE MARKET A niche market is a segment of a larger market that can be defined by its own unique needs, preferences, or identity that makes it different from the market at large. For example, within the market for women's shoes are many different segments or niches. www.techmojito.com

  8. "Niche marketing is a style of product promotion which allows a brand to directly target a niche or a population subset that has distinct needs. " www.techmojito.com

  9. business@techmojito.com 8340326819 4th Floor, B S Complex, near Nirula's, opp. Metro Pillar No. 30, Sector 15, Noida, Uttar Pradesh 201301 www.techmojito.com

  10. Thank You reallygreatsite.com www.techmojito.com

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