This is our fourth post on the Working From Home series. Glad you are still with me and do hope you are getting real value from these posts..
Today we are going to be looking at the best Niches for making money online.
If you want to start a profitable online business with the best chances of succeeding out the gate, you cannot go wrong entering a market that is already proven to be profitable.
These are the 10 most profitable niches on the Internet:
1. Fitness and Weight Loss
P90X, Weight Watchers, the Atkins Diet, the South Beach Diet, the Keto Diet… the list goes on. For centuries, people have been obsessed with losing weight and getting in shape. And they are always looking for the next fad diet, exercise program, or magic pill to help them
do it.
Companies have been right there with them with products helping them do just that: supplements, diets, weight loss programs, exercise programs, and more.
As a marketer, you cannot ever go wrong on this niche. Just about every demographic in every country in the world is into this. Fitness and weight loss will always be a proven niche market that sells, and anybody can grab their piece of the pie.
2. Health
Health is closely related to the fitness and weight loss market and there is some overlap, but it’s different enough to merit its own entry onto the top 10 list. People these days more than ever are taking their health into their own hands. They don’t automatically trust what the government or their doctor tells them about their health or what they should do to be healthy. You’ve seen products in this niche everywhere: glutenfree, herbal remedies, supplements, detoxing… healing arts and products of all types.
Anything that will promote a healthy lifestyle that helps avoid disease and makes you live longer. Alternative health is extremely popular here. We’re not talking about mainstream medicine. These are cures and alternative treatments that the pharmaceutical companies
don’t want you to know about after all. The opportunities to profit here are endless: books, supplements, information products,
physical products, coaching, etc
3. Dating and Relationships
Whether someone is looking for love… is into online dating… or is in a relationship but struggling and looking for a way to rekindle the passion, a whole range of products in the dating and relationships niche are there to help. People always need advice when it comes
to this area — one of the essential elements in life but so difficult to navigate.
Possible businesses here include promoting dating websites, many of which offer commissions to marketers who send them new sign-ups. You could also promote “pick up” guides, books on building stronger relationships and communication, and more. Dating and relationships, whether for single people, couples, divorced people, etc. will always be a huge niche market that sells and is full of profit potential.
4. Pets
People love their pets. There are estimated 180 million dogs and cats in the U.S. alone. That’s not even mentioning all the snakes, guinea pigs, parrots, and other more exotic creatures people keep as companions. And if you’ve been to a pet store lately, you know
that pet owners will spare no expense and will buy just about anything pet-relate. Gourmet dog food, pet toys, healthy treats.
Dog training is also a huge market. When people get a puppy, they want to potty train the dog. For older dogs, people also want to train them for obedience, security, even to do tricks. If you have a passion for pet training you could create your own information products—like ebooks. Or you could simply sell books and courses of others as an affiliate.
5. Self-Improvement
Also known as self-help, this is a huge niche online. There are courses and programs, books, videos, online training, coaching. Whether someone wants to build self-esteem, experience career success, increase their confidence, set, and achieve goals, overcome adversity or obstacles… there is a self-improvement product out there.
You’ve heard of Tony Robbins. Same sort of deal. It’s a massive industry that’s always growing. People want to feel happy, satisfied with life, and stress-free. And they almost never buy just one book or program, which lends this market well to repeat purchases and higher-ticket programs.
6. Wealth Building Through Investing
Whether the market is going up, down, or sideways… whether it’s a recession, depression, or boom time… bull or bear market… investment products do well. Because people always want to make money in the markets and you do so no matter how the economy is
doing. Even this field is constantly seeing new opportunities; right now Bitcoin and cryptocurrency are hot topics people want to learn more about.
7. Make Money on the Internet
This is a way you can share your expertise in making money on the internet. You could create your own information products, courses, ebooks, or coaching programs. And if there are any programs or courses from other big-time marketers that have been extra helpful… you can promote those too as an affiliate. You could be part of the next big launch campaign.
You could also get into network marketing (no, not all these “multilevel” marketing companies are scams). Some are valid ways to make money if you do it right.
8. Beauty Treatments
Having smoother tighter skin, being more radiant, erasing wrinkles. Looking younger and more attractive is a goal of many people. So any sort of creams, formulas, or similar products that promise to eliminate or reduce the signs of aging are very popular. Anti-aging cosmetic treatments, skin care products, and more are a huge business. With more and more baby boomers aging and looking to reverse the signs of aging this is potentially one of the largest markets on our top 10 list of profitable niches. Another opportunity ripe for this market is to start a YouTube video demonstrating health, beauty, and haircare type products. Just simply being an influencer in this market can be very lucrative.
9. Gadgets and Technology
Whether it’s a tablet or smartphone, computer speakers, mp3 players, smart devices for the home, thumb drives, cell phone cases, earphones… people are in love with gadgets and accessories. Everybody wants the latest technology (can anyone say new iPhone). And you can capitalize on that in a few ways.
The easiest would be to sell the products as an affiliate through an e-tailer like Amazon. Or you could import products through a site like Alibaba.com or Aliexpress.com, which link you to manufacturers and wholesalers abroad. Once you have the products sorted out, you have to focus on marketing. One approach is to make money blogging where you highlight all the latest tech and products coming on
the market. You could also have a review site in which you offer reviews on several different products in a category. Every product has a link to buy (with your affiliate link), of course.
You could also create your own tutorials, information products, and such as well. Though not required, this is another market that would lend itself very well to videos and video tutorial type content.
10. Personal Finance
Credit scores, mortgage refinancing, debt relief, personal loans… there is a shortage of needs when it comes to the personal finance niche. People need help managing their money or securing money they need for important expenses. Maybe they’re in debt and need help paying it down or getting a lower interest rate.
Perhaps they’re facing bankruptcy and need help navigating that process. In severe cases maybe they’ve gotten that dreaded letter from the IRS saying they owe back taxes. In any case, you won’t be offering legal help. But you can connect your prospects with
expert providers, promote information products as an affiliate, or offer products like credit monitoring as an affiliate. This is a huge niche with a lot of opportunities. You can also create e-learning and education products to help people navigate these issues and improve their financial situation.
How to Get Started Making Money Online With Niche Marketing
- 1. Go through the list of top 10 best-selling niches. Figure out what piques your interest the most or what meshes with your product idea.
- 2. Explore affiliate networks like Clickbank.com, CJ Affiliate, or Amazon for products in those niches. Note the best-selling products in the best-selling niches.
- 3. Check out other online businesses in that niche to see what they’re doing to promote their products, like email marketing, marketing funnels, social media, etc.
- 4. Model your new business on the “winners” you spot out there. Remember that affiliate marketing is a great way to get started with low risk. You could also develop your own products as you grow your business online.
As mentioned above there are several ways you can make money in these niches. Promoting other products as an affiliate, partnering with other experts to create information products, promoting physical and digital products, and more. Another option in these very large markets is running advertisements on your site.
The great thing about these niches is that because they are so big there’s massive amounts of demand and traffic you can attract to your website and there are also many products, services, and other ways you can monetize with the traffic you get.
Keep a look out for my next post when I will be showing you how to make money from your Blog. Don’t miss it.
If you would like to learn a little bit more about making an income online, take a look at this Free Webinar by my friend Noel Cunningham. Some great training in a very relaxed easy style. Take a look here >>>
