Carve out a niche meaning in English

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Definition

to carve out a niche: to make or to create a position in the market (for a brand or company) verb
We will spend the first two years carving out a niche in the market, before advertising and selling our product on a larger scale.

Examples

  • "Though the company has not reached the level of industry giants Kalvin Krime and Grevelon, Delavigne has carved out a niche in the luxury goods market."
Exercise 1
"Delavigne has carved out a niche in the luxury goods market".

What is the best definition for the expression to carve out a niche?

"Delavigne has carved out a niche in the luxury goods market".

What is the best definition for the expression to carve out a niche?
The idiom "to carve out a niche" does not express that a company has "invested intelligently", or that it has "invested" at all.
The idiom "to carve out a niche" does not express that a company has "sold all of its stocks". "To sell one's stocks" is to sell one's investments in a company. A "stock" or "share" would refer to a fraction of a company's capital which can be divided either among employees or private citizens in this context.
"To carve out a niche" is an expression which means "to find a place" or "establish a place for oneself". In the article, this line expresses that Delavigne Corp "has established" itself as a major company in the perfume industry. "To carve out a niche" literally means to "dig out or create a space".
Although a "niche" can sometimes evoke images of a "nest", "doghouse" or even a little home, this is not the best answer here.
Exercise 2
"Delavigne has carved out a niche in the luxury goods market".

What is the best definition for the expression "to carve out a niche"?

"Delavigne has carved out a niche in the luxury goods market".

What is the best definition for the expression "to carve out a niche"?
The idiom "to carve out a niche" does not express that a company has "invested intelligently", or that it has "invested" at all.
The idiom "to carve out a niche" does not express that a company has "sold all of its stocks". "To sell one's stocks" is to sell one's investments in a company. A "stock" or "share" would refer to a fraction of a company's capital which can be divided either among employees or private citizens in this context.
"To carve out a niche" is an expression which means "to find a place" or "establish a place for oneself". In the article, this line expresses that Delavigne Corp "has established" itself as a major company in the perfume industry. "To carve out a niche" literally means to "dig out or create a space".
Although a "niche" can sometimes evoke images of a "nest", "doghouse" or even a little home, this is not the best answer here.

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