One of the biggest struggles that I see online (and one that I dealt with in the beginning) is people find it very hard to pick profitable niches. Today, I want to help you and have a look at some niche ideas..that can actually become profitable. Let’s start shall we?
images courtesy of Shutterstock.com/Thinglass
Before we begin I just want to give you an overview of how I am going to structure this post ok? Thanks…haha. We are going to look at niches, but I am going to pick a market first and then we will look a niche. This way this post will make more sense and be more organised (I HOPE!)
So, for example we are going to pick the weight loss market and then a niche within it ok :). Ok Great let’s finally get started.
#1 PROFITABLE NICHE
HEALTH & FITNESS/THE NICHE IS DIET AND WEIGHTLOSS
Ok, so let’s have a look at our first niche shall we? One of the biggest and most profitable markets online is health and fitness. It will always be a top contender because people are always looking to lose weight or get fit (especially in January..new years resolution anyone? Haha)
The diet and weight loss niche is HUGE, but unfortunately filled with fake products and silly claims. This personally frustrates me because we are dealing with people’s health, body and mind here. I just want to say if your going to sell products in this niche, then do it legally and with products that don’t harm people!
Sure, it would be easy to advertise the latest weight loss pill on google adwords if you had $50,000. You might get lucky and make some profit, but this type of person is only thinking about the money and let me tell you, there marketing of affiliate business won’t last long.
You see the weight loss niche is driven by emotion and all good marketers understand this. That’s not to say marketers should prey on these emotions just to make a quick buck, but they should use these emotions to help and identify the potential customers needs.
Let’s have a look at an example:-
John is searching online for ways to lose fat and get the six pack abs he wants to impress the ladies. However, we don’t really know that this is what john REALLY WANTS!! John could be a 400lb man looking to lose weight because he has diabetes and it’s really affecting his health.
Do you see there are many emotional triggers and outcomes from people looking to do the same thing. You need to be smart in your marketing and define one target audience and then help them with their needs and issues. You can make a lot of money in this niche…you just need to understand “why”.
#2 PROFITABLE NICHE
SELF HELP/THE NICHE IS SURVIVAL
Self help is also one of the biggest markets online. Just like me, you have probably needed help at some point in this wonderful thing they call “life”. It could have been help with stress or anger management, or it could have been help from a friend after your marriage had collapsed. Whatever the reason we all need help at some point.
The survival niche is HUGE, and very very profitable. (when done properly of course). One of our biggest instincts as humans is survival. We all need to sleep, eat and clean ourselves right! We do all that by surviving and living in this world.
One of the best things about this niche is that people are passionate and when there is passion, the sky really is the limit for making sales and helping people. I would go as far as to say some percentage of these people are fanatics and their lives revolve around this.
I want you to look at this cool website:-
As you can see from the site, it’s all things survival. You can bet that this site is making a killing from affiliate promotions and their own products on the site. This is a great site and a great example of what is possible. This website has nearly 1,000,000 Facebook likes and do you see all the clever ads and content? Awesome. Survival is your second money making niche!!
#3 PROFITABLE NICHE
GREEN PRODUCTS/ENERGY & ENVIRONMENT
Another niche you can market to is the energy and environment niche. As your probably already aware, people in the world are always looking to improve the environment and eco system or save money with their homes etc (solar panels is one good example of this.)
Some more examples are things like building your own shed to save a lot of money or DIY home energy systems pack. Money can always be made in this niche! Because people in this type of niche are looking for ways to save money etc, the higher priced products will not convert as well. You will also need to pre-sell a lot more (but hard work means more money 🙂
This is also an evergreen niche (pardon the pun but it is). People will always want to improve things, so therefor this is always a great way to help people while making money in your business 🙂
#4 PROFITABLE NICHE
HOME BUSINESS/MAKE MONEY ONLINE
Awesome we are on to niche number four which is the home business niche. Let’s face it everything costs money these days and well we need it to survive. There is always ways to make money with this niche and it’s one of the most profitable online. There is also a lot of competition, but see this as a challenge!!.
This niche is looking for something to supplement their income or start a full time money making machine. What there reason, we have a hungry crowd to market to. Unfortunately, most online marketers will scam these clueless people and unfortunately people will spend a lot of money on BULLSHIT!
Even though there is a big demand for products and information in this niche, you will need to be very targeted when advertising etc. This is one of the niches online that people are most skeptical off, trust needs to be built and the right customers need to be targeted.
images courtesy of Shutterstock.com/Thinglass
#5 PROFITABLE NICHE
ARTS & ENTERTAINMENT/MUSIC OR LANUAGE NICHE
This next niche is awesome (yes I love the word awesome ok haha).
One of the best and most valuable things that I enjoy about making money online is not making money online. Let me explain of course I do make money online, but this is the bonus. I enjoy helping people and I have such as passion for helping people to grow in life.
So, niches like this one excite me. How cool is it to market a product about learning a new language of learning how to play the piano. I think its very rewarding. I am surprised there is not that high level of competition. Of course there is competition…but it’s less than say making money or weight loss.
You need to make sure that you really provide great content and awesomeness. Because like any niche, information can be found for free…but you need to market and let people know why a paid product will meets their needs over a free one.
#6 PROFITABLE NICHE
SPORTS/COACHING & TRAINING
Moving on let’s have a look at niche 6. Are you having fun I am? (if not get a redbull haha).
Sports is a HUGE market, just look at it in the offline world and then see how it can be so big online. Where there is a need for advice and action..there is money to be made. A lot of people come online in search of sports training programs or something to improve their golf swing etc.
Products like improve your golf swing and vertical jump training will always be in demand!Another great thing about this niche is sometimes the products or websites are created by actual professional athletes. This is good for a couple reasons. People will familiarise with this and you know the information will be of a high standard!
A lot of customers will also do quite in depth research into these products, so in this niche make sure again to pre-sell well and get in front of the right potential customers. This will require more work at first, but down the line this will really help!!
#7 PROFITABLE NICHE
Let’s have a look at our last market, the gaming market. This is another example of where online customers are very passionate and love their gaming. You must have heard of a product called WOW (world of Warcraft).
Well, this is just one example of product/subject that money can be made from. In WOW there are guides and gameplay manuals. People come out with new guides and gold guides all the time, here is your chance to make some serious money.
Last time I checked I think there was 10 or 20 million world of Warcraft players. This is just one example but can you see the potential here? I CAN 🙂
Thank you for reading this far!! Stay tuned for more awesome content.
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Hey thanks for checking out my blog! Working from home and making money is a very big passion of mine and I will help you do the same! It takes hard work and consistency…but anything worthwhile does right? It’s nice to meet you I hope you enjoy the site!
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