business niches vs business territories

Both 'business niches' and 'business territories' are correct, but they have different meanings and contexts. 'Business niches' refers to specific segments or areas within an industry where a company focuses its products or services. On the other hand, 'business territories' typically refers to geographical regions or areas where a company operates or has a presence.

Last updated: April 01, 2024 • 580 views

business niches

This phrase is correct and commonly used in English.

It refers to specific segments or areas within an industry where a company focuses its products or services.

Examples:

The company specializes in various business niches such as technology, healthcare, and finance.
Identifying profitable business niches is crucial for the company's growth strategy.

Show examples from the web [+]

Be passionate about your chosen business niche
How I Found My Home Based Business Niche. By: Elaine Currie, BA (Hons)?
How to Start a Niche Business on Internet - Niches are not magical, newly discovered entities.
Thus Leipzig airport has decided, in contrast to other German airports, to specialise in the air cargo business - a niche market.
Let's go back to speak about the research of our business and about the best choice for business of niche.
getting rich selling the best niche membership business
This is step-by-step guide to show you the entire process of starting and profiting from an internet based niche-targeted business.
Dubai caters for every tourism niche including business, cultural, adventure tourism and the growing meetings, incentive travel, conferences, exhibitions and events market.
If you want a successful niche business, you have to work at it just like any other business - if you're prepared to put in the effort though the rewards can be significant.
I'll be reporting on that as well as niche business crochet and crochet fashion as art.
In this connection, due consideration should be given to the impact of digitisation and new technologies for protecting intellectual property rights and the encouragement of new niches and business models expanding the legal offer of cultural and creative content.
Remaining independent stores are mostly selling the same offer as chains but not using the same marketing tools and certainly do not have the same leverages on their purchases than groups. Coming back on the niche perfume business.
This business strategy gives Crist a niche position from which to participate in planned offshore projects in the North Sea and which provides ample opportunities for dynamic growth.
I therefore need to be continually refining and reviewing the effectiveness of the Rapid Niche Websites System - as web business models are always changing.
The company conducts training courses in a various niche fields (Car Business, Building Supply Chains, Banks, Large-scale Production, etc.).
The business segment to which the group is heading remains the niche scent.
The MC IMPIANTI wants its products-services to remain a niche, not to compete with the big business.
Increased profits are waiting for the person or business that can create the next niche in their chosen industry.
Niches are at the heart of every successful industry, business, product, or service.
Whether they are businesses within or outside your niche, you must collect business leaflets to figure out those that work and why they did.

Alternatives:

market segments
industry sectors
specialized areas

business territories

This phrase is correct but less commonly used in this context.

It typically refers to geographical regions or areas where a company operates or has a presence.