What are some examples of niche businesses?
An example of an AI chatbot conversation about niche business ideas and examples.
What are some examples of niche businesses?
Niche businesses focus on specific market segments. Examples include vegan bakeries, eco-friendly products, and pet grooming services.
Can you give me more details about vegan bakeries?
Sure! Vegan bakeries specialize in plant-based baked goods, catering to those who avoid animal products. They often use alternatives like almond milk and flaxseed.
What are some challenges these niche businesses face?
Common challenges include limited customer bases, higher ingredient costs, and competition from larger, traditional bakeries.
How can a niche business effectively market itself?
Niche businesses can use targeted social media advertising, collaborate with influencers, and participate in local events to reach their audience.
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