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Is this niche worth it? A five-question scorecard
QuestionGood signWarning sign
Do we understand them?You can describe their day and problems in their own wordsYou know them only from reports and assumptions
Is the need real?They already spend money or time on a poor workaroundThey say it is interesting, but nothing hurts today
Can we reach them?They gather in clear places: groups, events, associationsNo shared channel; every customer must be found one by one
Will they pay enough?Solving the problem saves them money, time or riskPrice is the only thing they compare
Is it big enough?Enough customers today, plus neighbouring segments to grow intoDepends on a short-lived trend or a handful of buyers
QuestionGood signWarning sign
Do we understand them?You can describe their day and problems in their own wordsYou know them only from reports and assumptions
Is the need real?They already spend money or time on a poor workaroundThey say it is interesting, but nothing hurts today
Can we reach them?They gather in clear places: groups, events, associationsNo shared channel; every customer must be found one by one
Will they pay enough?Solving the problem saves them money, time or riskPrice is the only thing they compare
Is it big enough?Enough customers today, plus neighbouring segments to grow intoDepends on a short-lived trend or a handful of buyers

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