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GBI is not a broker-dealer, nor is it a bank, but like other startups it is using technology to disrupt an inefficient niche in financial services.
But the foreign markets seem to share another characteristic with those in the U.S.: Turnarounds represent an inefficient niche that presents an unusual profit opportunity.
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Finding them is not always easy, and experience has shown it can be inefficient to market niche insurance programs through radio and television advertising.
After 15 quarters of decline, Gillette took nearly a year to cut SKUs, because everyone had a reason why their favorite niche product was essential though inefficient (e.g., special toothbrushes for orthodontists).
It is hoped that small automated buses could fill that niche where human-operated transport has proved inefficient with municipal funds.
But they remain too inefficient and expensive to be useful beyond a handful of niche applications.
But except in a few niche applications, these solid-state heat pumps have proven too inefficient to be practical.
But such cells have proven inefficient and have had relatively short lifetimes, so they are used only in niche applications.
Wildly inefficient?
niche -- n.
This is inefficient.
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