How can you effectively position a product for a niche audience?
If you have a product that caters to a specific segment of the market, you need to communicate its value proposition clearly and convincingly. This is where product positioning comes in. Product positioning is the process of defining and differentiating your product in the minds of your target audience. It helps you stand out from the competition, attract and retain customers, and increase your profitability. In this article, we will explore how you can effectively position a product for a niche audience using four steps: identifying your niche, researching your customers, crafting your message, and testing and refining your strategy.