The Most Profitable Niche? My Reply
Q: What is the most profitable niche?
A: There are many.
I spent the last few days researching this very question as I've came across this question numerous times.
The most reliable answer that I've come across is that - there are many.
I'll show you why I've found this answer to be so reliable and even share some cool niche ideas to hopefully help you get on the right track.
But first...
Don't be afraid to do the work and take the time finding a profitable niche that is suitable for you.
I Get It
I get the reason why people ask this question.
They're afraid of choosing the 'wrong' niche. They want to succeed and wish to avoid having their time wasted.
I get it.
However, providing people with the best answer to this question isn't always so simple.
I've found this difficult to answer in the past because:
- If you have zero interest in a particular niche (no matter how profitable), maybe you will abandon the website/business altogether due to this lack of interest. Maybe not. Who knows.
- Who knows how far a niche, based on your interests, will take YOU
- What's worked well for one person may not work as well for the next
I've realized that what has worked well for me might not be what's best for the next person.
Likewise, sharing what I feel is a profitable niche could prevent someone from experiencing more success, say, if they found a niche based on their interests.
Maybe you'll "strike gold" following something you really love and enjoy.
As there's lots of potential in many niches.
Researching A Niche
A niche is simply a group of people.
Instead of looking for 'the most profitable niche ever', try and find a problem and address that problem.
A niche doesn't necessarily have to revolve around your passion or favorite hobbies (although it may help).
As I've expressed before, once you begin seeing results and income from your efforts, it becomes really easy to get passionate about a niche.
If you need help deciding or unsure if you are going in the right direction, you have an entire community here which can hopefully help you decide on a niche which satisfies you.
I often refer people to this tutorial when going through the niche selection process. You can check it out here.
Take your time with this step. Do the research.
Health, Wealth, Romance
I promised to share some niche ideas and these three niches are known to be some of the most profitable spaces to enter, especially for affiliate marketing.
What makes these so profitable?
a) They have a large following. (Which could bring in more traffic than other niches).
b) They are evergreen. (These particular niches won't go out of style. They will always be relevant).
Let's take a look at a few ideas.
Keep in mind these are broad niches. There are tons of sub-niches within each one but they all fall under a bigger niche.
Health and Wellness
Just about everyone is concerned about their health. And just about everybody nowadays looks to the internet for information regarding health-related subjects.
Evergreen niches under health include:
- Fitness for men/women
- Weight loss
- Diet guides
- Healthy eating
- How to quit smoking
Wealth, Money
Some topics under this niche include:
- How to make money from blogging
- Start an online business
- Internet marketing guides
- Personal finance/development
- How to make money online from home
- You can find tons of others idea from this tutorial from the Bootcamp.
Lots of people are looking for ways to earn extra money for a variety of reasons.
And I can confidently tell you that people are looking for this kind of information online everyday.
People are willing to invest in online courses and other resources that will help them make profits in the long term.
Knowing this makes this evergreen niche so appealing to many.
Romance Niches
Niche ideas for romance include:
- Online marriage counselling
- Tips for dating
- Senior dating
- Marriage life for couples on a limited budget
- Getting through a divorce
I'd say dating is a big one when it comes to romance niches. With all the dating websites and apps we see today.
But some of the other ideas shared above shouldn't be overlooked.
There's plenty of good ideas missing from our short lists above.
Feel free to fill in and share niche ideas related to these three evergreen markets in the comments below.
Or any niche ideas at all!
Don't Forget The People
One thing reiterated throughout the lessons here is the fact that real people will be visiting your website.
Try not to lose sight of that.
When it comes to choosing a niche it really comes down to understanding what people want.
Simply put, try to help people be better versions of themselves by finding a problem and providing a solution to that problem.
If you can promise to show them how to be a better parent or spouse they will listen.
If you can promise to show them how to be better with money they will listen.
If you can promise to show them how to get the body they want they will listen.
Niches that show people how to be better versions of themselves are the niches that you are looking to enter - as with our three evergreen niches shared above.
Hope this helps, and keep busy!
Recent Comments
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In the beginning I thought you had to pick a niche you were passionate about and knowledgeable about in order to write and write and write some more to build up your site... that we had to be an expert to write the content needed to bring an audience and ultimately sales.
Now I know we can choose a niche about something we want to learn about... that we can become knowledgeable and experienced as we go along and research and explore and keep expanding our content. You don't have to start off as an expert... you become an expert in your chosen niche.
Another thing I have tried that seems to help, once you have your list of prospects. Grab a pen and paper (old school I know) give yourself 2 minutes for each niche on your list and brainstorm as many ideas as you can that you think you could write a helpful, relevant blog post. The one with the most doesn't win, look at the lists and see which one has the best quality ideas cause remember ideal parameters for blog posting, 1000 words minimum, 5 headings, 7 paragraphs and at least 2 pieces of visual aids whether video or images. This brainstorming exercise will show you whether or not creating content for said niche will be difficult or not and whether you can maintain it. All this is from Neil Patel of neilpatel.com a very well known and highly ranked blogger and every other type of digital media guru. Again, questions are free to ask here at the WA and this will never "end at midnight" so use it, it's probably the best resource on the net about affiliate marketing. Hope this helps to get you into a profitable niche you will love and enjoy. Happy affiliating. Great post btw Jason and great advice from Big Mike!!
Yes, this advice may be useful to some, but others may have a hard time identifying there one passion.
"A niche doesn't necessarily have to revolve around your passion or favorite hobbies (although it may help).
As I've expressed before, once you begin seeing results and income from your efforts, it becomes really easy to get passionate about a niche."
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How about a niche which help to solve your own problem? Since it is a problem you wish to solve, you may spent more times and efforts to find the solution and share with others. Will this be a good niche?
Exactly!
You don't need to be an "expert", but a niche that revolves around something you have personally dealt with or have experience in, makes it all the better.
Thank you for the advice. I will take note this.
Sure thimg!