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Abstract:
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The purpose of this research was to examine companies in the bottomweights market
who have identified niche products/markets for use in testing the Parrish Niche Strategy
Model (2003). Another purpose of this research study was to analyze factors that contribute
to the establishment of niche marketing strategies within the bottomweights market, as well
as issues that arise when implementing a niche strategy.
The conceptual model for this research is the Parrish Niche Strategy Model (2003).
The Parrish Niche Strategy Model (2003) is the only niche model that is specific to the textile
and apparel industries. This model encompasses the sectors within the textile complex (fiber
and yarn producers, mill producers, sewn goods producers, and auxiliary companies) and
identifies two approaches to a niche strategy: product (push marketing) and market (pull
marketing). The Parrish Niche Strategy Model (2003) was developed utilizing trade theories
that predict specialization as a result of trade. In addition, Parrish utilized Porters (1980)
Generic Competitive Strategies Differentiation Strategy in developing the Parrish Niche
Strategy Model (2003). One aspect of Porters premise is that a differentiation strategy
serves as a way to increase competitiveness.
This research used a two-phase methodology. The first phase was exploratory in
nature and identified niche bottomweight markets and companies competing in these markets
with niche bottomweight products. Secondary data were used conduct competitive analyses
on the companies to develop an understanding of the current state of the companies and to
assess current strategies used by the companies.
The second phase of the research used a concurrent triangulation strategy to gather
primary qualitative and quantitative data through an interview methodology. The interview
was conducted using a researcher developed interview instrument which focused on five
areas: current state of the company, factors that influence the development of niche
strategies, market potential strategies, issues that arise during the implementation of niche
strategies, and success variables for niche strategies. Information collected during Phases I
and II was used to refine the Parrish Niche Strategy Model (2003).
Results indicated that the Parrish Niche Strategy Model (2003) was useful for guiding
the development of niche strategies, in terms of both product and market. In addition, the
model was useful in assessing variables that are important to the success of a niche strategy,
in terms of both product and market. The research added to the previous findings of Parrish
(2003) by identifying factors that influence the development of niche strategies and issues
that arise during the implementation of niche strategies. Sector specific niche strategy
models were tested and refined, in addition to an overall industry model. The Parrish Allen
Niche Strategy Model can be used by industry as a benchmarking tool in order to determine
strategies that can be used to serve niche markets or develop niche products.
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