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What is niche marketing?

Last Updated: July 07, 2010

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Niche marketing can be a component of indirect or direct marketing. It is the process of targeting consumers who prefer a certain product and then fulfilling that need. For example, a niche market could target consumers who:
* have a preference for grass-fed goats or sheep;
* want meat that is free of chemicals and produced organically; and
* have ethnic preferences.

To target ethnic consumers (e.g., Hispanics, Muslims, Jews), breeding programs must be designed to ensure that goats and sheep are made available to meet a year-round need, including for such holidays as Ramadan, Christmas, and Easter. Therefore, producers must be familiar with the various ethnic calendars to know the carcass preference of each ethnic group.

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