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  2. Do you worry about the potential risks of focusing too...

Do you worry about the potential risks of focusing too narrowly on a niche?

Lixin Liu
3 replies
Do you guys concern about the market saturation or missing out on changes in consumer needs?

Replies

Evelyn Rose Sinclair
I would worry about that too. Focusing too narrowly runs the risk of being disrupted if the niche evolves or bigger players enter. I think it's important to have a plan to expand your niche over time, or have a moat that protects your position. Maybe some AI tools could help analyze the niche and monitor for threats or opportunities to expand? I'd be curious to hear others' thoughts on striking the right balance when targeting a niche.
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wenbei mao
Launching soon!
Yes, I would worry. If there are many competitors, how will my product win the competition and capture market share? I would also worry about whether I can keep up with the changes in the market and the changing demands.
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Daisy Dani
No i dont worry about about the potential risks of focusing too narrowly on a niche. If some feels worry about it then https://www.digitalnovacore.com/ provides the easy solutions.
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