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LightTrusted Adviser
Asked: September 17, 20232023-09-17T19:03:09+00:00 2023-09-17T19:03:09+00:00In: Money & Business

Are all the business niche saturated?

I keep wondering if there are new business ideas coming up. It seems to me other business ideas are saturated already, you see millions of people doing the same thing.

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4 Answers

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  1. Augusta
    Augusta Enlightened Mentor
    2023-09-18T09:29:51+00:00Added an answer on September 18, 2023 at 9:29 am

    No I don't think all the business niches are saturated it is mostly niches that are highly demanded that are saturated. The thing is that people would always want to go into a niche that they can easily navigate. This is where you don't need to do much to attract people and sales. So you can start yRead more

    No I don’t think all the business niches are saturated it is mostly niches that are highly demanded that are saturated. The thing is that people would always want to go into a niche that they can easily navigate. This is where you don’t need to do much to attract people and sales.

    So you can start your own business by trying out your own business idea or you just be creative with the niche that is already in existence. But it is good to go for niche that you can be outstanding in with your own ideas and thoughts.

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  2. Mika
    Mika Expert Mind
    2023-09-18T04:04:33+00:00Added an answer on September 18, 2023 at 4:04 am

    Unless you are an inovotar or inventor and can develop a new product or invent new thing, you will have to sell the same thing that a lot of businesses are selling. iPhone is a big business but it is not the first product. iPhone and samsung have a huge market share, however, this has not stopped neRead more

    Unless you are an inovotar or inventor and can develop a new product or invent new thing, you will have to sell the same thing that a lot of businesses are selling. iPhone is a big business but it is not the first product. iPhone and samsung have a huge market share, however, this has not stopped new companies to come up with new mobile phones. Yes, business niches are saturated but there is still chances of selling the same product over and over.

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  3. Ramolak19
    Ramolak19 Knowledge Seeker
    2023-09-18T03:33:36+00:00Added an answer on September 18, 2023 at 3:33 am

    I think not all market segments are oversaturated. Even while certain businesses may be quite competitive, there are always methods to stand out and carve out a special niche. Businesses can succeed even in sectors that appear to be saturated by recognizing underdeveloped markets, focusing on a partRead more

    I think not all market segments are oversaturated. Even while certain businesses may be quite competitive, there are always methods to stand out and carve out a special niche. Businesses can succeed even in sectors that appear to be saturated by recognizing underdeveloped markets, focusing on a particular consumer niche, giving creative solutions, or supplying outstanding service

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  4. Emmyty
    Emmyty Trusted Adviser Entrepreneur
    2023-09-17T20:38:24+00:00Added an answer on September 17, 2023 at 8:38 pm

    No, not all business niches are saturated. While some niches may seem highly competitive and saturated, there are always opportunities to carve out a unique position or serve a specific target audience within that niche. New technologies, evolving consumer demands, and emerging trends continue to crRead more

    No, not all business niches are saturated. While some niches may seem highly competitive and saturated, there are always opportunities to carve out a unique position or serve a specific target audience within that niche. New technologies, evolving consumer demands, and emerging trends continue to create space for new businesses to enter the market and succeed. It is important for entrepreneurs to conduct thorough market research and identify untapped segments or niches where they can bring innovation and offer differentiated products or services.

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