Issue: Any region can be developed as a touristic destination. Suggest the ways of tourism development in the North Caucasus. Mention the necessity of research, analysis, marketing and promotion in the process of market finding. Refer to the need of new products design and wide possibilities for niche market expansion in the region.

The North Caucasus region, with its stunning natural landscapes, rich cultural heritage, and unique traditions, has great potential to be developed as a touristic destination. However, in order to successfully attract tourists and ensure sustainable tourism development, it is essential to follow a strategic approach that includes research, analysis, marketing, and promotion.

One of the first steps in tourism development in the North Caucasus should be conducting thorough research to understand the region's strengths, weaknesses, opportunities, and threats. This research can help identify the target market segments, the preferences and needs of potential tourists, as well as the competitive landscape.

Based on the research findings, a comprehensive marketing strategy should be developed to promote the region as a desirable tourist destination. This may include creating a strong brand identity, developing promotional materials, and leveraging digital marketing channels to reach a wider audience.

In addition, new products and experiences should be designed to cater to the diverse interests of tourists. This could involve developing adventure tourism activities, cultural tours, eco-tourism initiatives, and wellness retreats that showcase the unique offerings of the North Caucasus.

Furthermore, there are wide possibilities for niche market expansion in the region. For example, targeting specific segments such as luxury travelers, food and wine enthusiasts, or outdoor adventurers can help differentiate the North Caucasus from other destinations and attract high-spending tourists.

Overall, by investing in research, analysis, marketing, and promotion, and by designing new products and experiences, the North Caucasus region can unlock its full tourism potential and become a sought-after destination for travelers from around the world.