What steps should you take to pivot your strategy toward niche marketing?
Pivoting your business strategy towards niche marketing can be a smart move to differentiate your brand and cater to specific customer needs. This targeted approach often results in a more loyal customer base and can improve your competitive edge. To successfully shift your strategy, you'll need to understand your market deeply, adjust your product or service offerings, and communicate effectively with your new target audience. It's not just about narrowing your focus but also about aligning every aspect of your business—from operations to branding—with the unique demands of your niche.