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a niche market[1] is the subset of the market on which a specific product is focusing. so the market niche defines the specific product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that is intended to impact. it is also a small market segment. for example, sports channels like star sports, espn, star cricket, and fox target a niche of sports lovers. every product can be defined by its market niche. as of special note, the products aimed at a wide demographic audience, with the resulting low price (due to price elasticity of demand), are said[who?] to belong to the mainstream niche—in practice referred to only as mainstream or of high demand. narrower demographics lead to elevated prices due to the same principle. so to speak, the niche market is a highly
niche