This slide is about the introduction of niche sites that what they actually are and how can we use them for our well being.

1. Niche Websites
Introduction to niche websites
By: Abdul Rafay

2.  A niche website is a site that focuses on a
narrow group of people in a larger market
with a common specific interest.

3.  Every product can be defined by its market niche. The niche market is
highly specialized, and aiming to survive among the competition from
numerous super companies. Even established companies create
products for different niches, for example, Hewlett-Packard has all-
in-one machines for printing, scanning and faxing targeted for the
home office niche while at the same time having separate machines
with one of these functions for big businesses.
 In practice, product vendors and trade businesses are commonly
referred as mainstream providers or narrow demographics niche
market providers (colloquially shortened to just niche market
providers). Small capitalproviders usually opt for a niche market with
narrow demographics as a measure of increasing their financial
gain margins.

5.  The final product quality (low or high) is not dependent on the price
elasticity of demand, but the specific needs that the product is aimed
to satisfy and, in some cases, aspects of brand recognition (e.g.
prestige, practicability, money saving, expensiveness, environmental
conscience, or social status).

6. Exploring Niche Markets On The
Internet
 When you’re just starting out your online business, you often get the
recommendation that the best path to go is to build a niche site.
 If you’re already struggling to get into the online marketing world
trying to make money on the Internet you’re just going to feel even
more overwhelmed with all this new terms and concepts.
 It’s like learning a whole new language.
 You don’t know how to speak it and it’ll only get harder for you to go
further and progress towards success.