Remove Clienteling Remove Marketing Remove Target Market
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What is a Niche Market?

Small Biz Trends

A niche market can be defined as a subgroup of a larger market that has its own unique identity, needs, and, preferences making it stand out from the overall market. Niche marketing entails channeling marketing efforts towards first identifying a particular type of clientele and their particular needs.

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Leveraging CXM Technology for Clienteling

Storis

One strategy that has gained traction in recent years is clienteling, a technique rooted in building long-term relationships with customers through personalized interactions and tailored recommendations. Clienteling is a sales philosophy centered around understanding and meeting the unique needs of individual customers.

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5 Marketing Strategies To Help You Find New Customers

Retail Minded

This post highlights some of the marketing strategies businesses can deploy to not find new customers and keep existing ones. Let’s face it; technology opened a myriad of marketing channels and so did the pandemic. You can partner with other businesses just to target your brand name to gain traction among your target market.

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Raishma’s founder: “Setbacks only fuel my determination to overcome challenges”

Inside Retail

In an ambitious move that signals its intent to capture a share of the burgeoning luxury market in India, London-based fashion label Raishma has recently expanded its operations into the country through strategic partnerships with leading e-commerce platforms such as Nykaa Fashion, Myntra, Ajio, and Tata Cliq Luxury.

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Spotlight: Brandfirm Demonstrates an Important Lesson About Knowing Your Target Clients

Small Biz Trends

Understanding your target market is an essential part of running a business. The marketing agency knew it wanted to serve small businesses. Helps small businesses with branding and marketing. Improve staffing and marketing. But many new businesses simply accept all clients that come their way. ” Biggest Risk.

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Guest Post: Transactional vs Relational Customer Service

Hyken

This week, we feature an article by Deniz Kuran, Head of Marketing at Idiomatic , an organization that helps companies understand their customers by translating customer feedback into actionable data. Relational customer service involves an ongoing, meaningful relationship between a business and its clientele.

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How To Choose The Best Location For Your Business

Retail Minded

Research Demographics and Market Demand Understanding your target market thoroughly is essential. Being near your target population guarantees steady foot traffic for retail enterprises. Employing market research tools and demographic information, examine the regions that harbour your target clientele.