EDITED: What's the difference between a niche and a trend, Opinions needed

15 years ago

My definition will probably sound like doublespeak, but I think it's area of commerce or knowledge that can be described or thought of as a single unit. So a niche can be very small, as mentioned above, like: peruvian classical guitar players.

Or it can be quite large, like a premier auction site. In the world of clothing one might cater to a niche of "Joe the Plumber types who like t-shirts." That niche could be very large, but it sets itself apart from other classifications, in much the same way that Diego Norte (above) described a niche to be something that sets someone apart.

I do think it is important when trying to market to people that the niche can be thought of conceptually to have some type of unity.

Thanks
1 reply

{{ DiscussionBoard.errors[251135].message }}

KevinS2k 15 years ago

A solution to a specific problem.
- Thanks
- 1 reply
{{ DiscussionBoard.errors[251528].message }}
- Corwinnx 15 years ago
  
  Thanks for the answers, guys. If I can expand on this thought-
  
  Would you say that there is a difference between a niche and a trend, and if so, how would you define the difference?
  
  -Marcus
  
  Thanks
  
  Signature
  
  *NEW* Is A Business Near You In Need Of Your Local Internet Marketing Services? FIND OUT ON THE CITYBIZIM FORUMS!
  
  {{ DiscussionBoard.errors[251603].message }}

getsmartt

15 years ago

A niche would be a specific segment of the market place, lets say video games that involve sports.

A trend would be the recent upswing in this niche due to the release of Madden 2008 (or is it 2009? not my market or niche)

Thanks
1 reply

Signature

Was mich nicht umbringt, macht mich stÃ¤rker

{{ DiscussionBoard.errors[251614].message }}

Corwinnx 15 years ago

James,
Thanks. That was definitely getting closer to of the matter.

-Marcus
- Thanks
- 1 reply
Signature

*NEW* Is A Business Near You In Need Of Your Local Internet Marketing Services? FIND OUT ON THE CITYBIZIM FORUMS!
{{ DiscussionBoard.errors[251622].message }}
- Ken Preuss 15 years ago
  
  To put it simply, a trend is a niche that's temporary. It's a niche whose longevity is unknown.
  
  Ken
  
  Thanks
  
  1 reply
  
  Signature
  
  Coming soon for all you IM junkies... The Internet Daily Show
  
  A Secret to Success: Making serious money online or offline is not complex unto itself - we're the ones who complicate it. Simply sell them what they are already buying.
  
  {{ DiscussionBoard.errors[252116].message }}
  
  richpeck 15 years ago
  
  Originally Posted by Ken Preuss
  
  To put it simply, a trend is a niche that's temporary. It's a niche whose longevity is unknown.
  
  Ken
  
  Ditto - was going to say they are both markets, just one lasts less time.
  
  Think about video games - they are "trends" because they don't have a long shelf life (maybe a couple of months - a year of hot sales if the game is promoted a lot).
  
  Thanks
  
  1 reply
  
  Signature
  
  New review site store - $15 each.
  
  {{ DiscussionBoard.errors[252338].message }}
  
  Corwinnx 15 years ago
  
  Ken and richpeck,
  
  Thank you gentlemen. That was exactly what I was looking for.
  
  -Marcus
  
  Thanks
  
  Signature
  
  *NEW* Is A Business Near You In Need Of Your Local Internet Marketing Services? FIND OUT ON THE CITYBIZIM FORUMS!
  
  {{ DiscussionBoard.errors[252341].message }}

DougBarger

15 years ago

niche=the narrow subset of any market usually defined by the specific common solutions to the demand, desires and problems they share.

trend=buying patterns of market based on variables given to change.

Trends can become a niche after they have proven to be more than trends.

For instance, twitter started as more of a novelty turned phenomenon, but has now established itself in the mainstream so it would no longer be classified as just a trend.

Thanks

Signature

=> Click Here Now to Get Step-by-Step Automated Profits Coaching 100% Guaranteed!
Product Creation Ideas
Increase Your Website Traffic

{{ DiscussionBoard.errors[252349].message }}

TheMagicShow

15 years ago

Originally Posted by Corwinnx

Hi Warriors,

I must pose a question to you all. A friend of mine and I have been discussing the definition of a 'niche,' as it applies to the 'industry wide accepted definition.'

Here is the one I came up with:

commerce an area of the market specializing in one type of product or service

Anyone else have another definition?

-Marcus

A niche is a market that shall remain active and it will have followers that are in it for the long run, a trend is a fad that may have its hotspots but it can fade away very fast.

Thanks

Signature

" You can either give a man a fish and feed him for a day OR teach him how to catch a fish and it will feed him for a lifetime"

{{ DiscussionBoard.errors[252602].message }}

Andy3

15 years ago

A niche is a small part for axample :sccobadiving is a whole and caves scoobadiving is a part of a whole so it's a niche.
and if you have more questions about marketting please ask.