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 • 665 views

This phrase is correct and commonly used in English.

"business niches"

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

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

"business territories"

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

Examples:

The company expanded its business territories to include new markets in Asia.
Our sales team is responsible for managing business territories across the country.

Show examples from the web [+]

Creative enterprise is required when a business enters uncharted territory.
Business, Territory and Legality. Building a Virtuous Circle
Give this name to the most important wine of T.E.S.S.A.R.I. Winery production was a choice linked to the concept of family business and territory.
Flying cars are finally moving from science-fiction déjà vu to attractive business-case territory.
She was trying to do business on our territory without our permission.
He wants to do business in our territory.
Controlling inflation, fiscal responsibility and a flexible exchange rate is a winning combination that has already produced important results in terms of economic growth. Moreover, having business the territory through a company in Brazil is essential point for being successful in the domestic market.
Transition has moved much further into quite business-like territory and towards recreating a local economy, continues Emma. And the other big difference is this film is really international.
On the other hand, the host Member State retains powers for supervising the conduct of business on its territory.
1. Each Member State in whose territory business is carried on shall require the undertaking to establish sufficient technical reserves.
On occasion, the businesses now relocating had in the past received subsidies from the national or regional authorities concerned to set up business on their territory.
Assistance with business localisation in the territory of Bologna.
The Principal is not allowed to do business within the British territory.
Evristika Ltd covers the requirements needed to perform a qualitative promotional presentation of your business on the territory of Bulgaria; furthermore, some services may be performed regardless of the location for which they are intended.
That could be so in particular in the case of a company not carrying out any business in the territory of the Member State in which its registered office is situated.
In fact, any Off-Shore company in the UAE may be totally foreign-owned and with fully foreign capital, as it does not have business in the territory.
In fact, I'm sure even you would agree, the idea... of a man conducting the business of his territory...
The Participant may promote and market the Services, in compliance with this Agreement, only to potential Eligible Referrals with a principal place of business located in the Territory.
At the same time, Member States should do all they can to help the start.-up of businesses, reducing the time and cost needed to set up a business on their territory.
In such situations, host Member States shall have the possibility of preventing the insurance, reinsurance or ancillary insurance intermediary concerned from carrying out new business within its territory.

Alternatives:

operational regions
market areas
geographical domains

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business niches vs business territories

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