How to Become a Digital Entrepreneur
  • Finding a niche and target market is essential for business success.
  • A niche refers to a specific segment of the market for a particular product or service.
  • The target market consists of people most likely to purchase from you.
  • Begin by conducting detailed market research to identify your niche.
  • Investigate industry trends, consumer needs, and market gaps your business can address.
  • Consider your strengths and interests to align your business for potential success.
  • Define your target market by creating detailed customer profiles.
  • Include demographics, buying habits, and preferences in your customer profiles.
  • Use this information to shape your products, services, and marketing strategies.
  • Test your ideas by engaging with potential customers and gathering feedback.
  • Continuously refine your niche and target market based on feedback.
  • Position your business to meet customer needs and achieve growth.