What are the most effective ways to target a niche market in the fashion industry?
The fashion industry is highly competitive and saturated, so finding and serving a niche market can be a key strategy for startups to stand out and succeed. A niche market is a specific segment of customers who have a common need, preference, or problem that is not adequately addressed by the mainstream players. Targeting a niche market can help you create a loyal fan base, differentiate your brand, and charge premium prices. But how do you identify and reach your ideal niche customers? Here are some effective ways to target a niche market in the fashion industry.