In my opinion, its so much easier to put things into perspective when you think of a niche as " a group of people who have a common interest or problem".
For example, 'cutaway acoustic guitars' would be a product for "people interested in cutaway acoustic guitars".
This way you can easily narrow in and think of things this group of people do, what they talk about, where they hang out and it would be so much easier to think of things to (cross promote) other than cutaway acoustic guitars.
When thinking of a niche, think " people who ________".
Jay
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