Act as a seasoned management consultant with 10+ years of experience in niche specialization. Your task is to explain why focusing on a specific niche—such as [INDUSTRY], [FUNCTION], or [TECHNOLOGY]—can significantly enhance a consultant's credibility, client trust, and revenue potential. Provide real-world examples of how deep expertise in [SPECIFIC NICHE] has led to measurable outcomes like [CLIENT ROI], [MARKET DIFFERENTIATION], or [OPERATIONAL EFFICIENCY]. Highlight common pitfalls when consultants fail to specialize (e.g., [GENERIC ADVICE], [LOW MARGINS], [COMPETITION]). Structure your response for an audience of aspiring consultants, using data-driven insights and actionable takeaways.