Daily Facts - Day #35: Billion dollar niches - Nootropics & Brain supplements

bysmartketeer

6.8K followers

5 years ago

Yesterday I've published a post with the Top 10 best-selling affiliate niches.

If you haven't seen it yet, here it is:

https://my.wealthyaffiliate.com/smartketeer/blog/daily-facts...

As you can (have) seen, the opportunities are almost endless ...

So I've decided to dig a bit deeper ...

And I can tell you, I'm already tempted to build a few new sites ...

Why? Because, I've found a few sub-niches with an INCREDIBLE potential!

And no, I won't keep them for myself :)

In the next few days I'll share with you all these gems.

Here's the first one ...

NOOTROPICS & BRAIN SUPPLEMENTS

The brain supplement and nootropics industry isn’t just worth billions.

It’s actually worth TRILLIONS! More than $1 trillion is spent on brain supplements every year!

And the real power of this niche: every person that spends money on nootropics and brain supplements are emotionally attached to the outcome.

Which means that they are spending with their emotions, rather than logic! In other words, they tend to spend a lot more money than they would otherwise ...

Check out these stats provided by BrandBuilders:

• The US holds more than 44% of the market share.

• The projected revenue is expected to exceed $1.4 trillion by 2020!

• You can expect more than 10% growth per year!

• More than 1 out of 5 university students take nootropics.

• College students, high-pressure professionals, doctors, scientists, athletes, and more all take nootropics on a regular basis!

• White males are the primary target, but more women are beginning to realize the health benefits of nootropics, and making them a regular part of their diet.

• Families with more than $75K in annual income make up the largest portion of the market.

I'm convinced!

How about you?