General information
Title:
Niche market. Wanted
Environment versions
Network:
Windows 2008 Server
Hello all.
I have a big problem. We are in a niche market, our vertical application is software for massive sales. You have 100-200 salespeople who visit customers and returns with orders to be batch proccesed and dispatched the next day. So far so good, we are THE SPECIALISTS in that niche and now we get good cash on it. The problem? The market doesn't grow. It's hard to export to other countries (It took us 2 years to get our first big customer and we need to have a support staff on site, big costs). Also, developed countries usually have solved this problem having the customers ordering via phone/internet, so the sales people doesn't work the way the system works. Also, there are market leaders already.
I think in 3-5 years our target market will decrease. As you can see, we now have cash but can't reinvest in our core business because the target market is too small. I'd like to invest into development of another fast growing niche market application who can support my company in the future. Any ideas?
TIA
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