There is a broad range of general niches you can make money off online. This can be a good thing and a bad thing because on one hand, the possibility of hitting it big on one niche is great but on the other hand, finding profitable niches is like looking for a needle in a haystack. The key to finding the right niche to build your business on is to narrow down the topics. The more you narrow down your search, the higher the conversion rate. How? Because consumers focus on products that satisfy their needs, give them specific solutions to specific problems and answers to their dreams.
As an entrepreneur, you need to be updated on what your target audience wants and provide solutions to their problems because there are tens of thousands of other online marketers fighting over the same market. The success of your business starts with investing time, money and effort on the right niche. We’re taking away the guesswork by listing down the hottest niches you can build your business on.
From soccer moms who have their own eBay stores to marketing gurus who peddle mentoring sessions and eBooks, anyone can sell products and services online. Internet marketing encompasses:
- Search Engine Optimization or SEO
- Website creation
- Copy Writing
What’s great about selling knowledge is that start up is pretty cheap. In fact, you can rely on the internet to launch your business online. From Pay Per Click ad campaigns to selling compelling eBooks, there is never a shortage for products and services to promote online.
Self Help, Relationships
Everyone have issues when it comes to dealing with others, which is why niches under the relationship category is always a great way to start your online business. You can create great eBooks about a wide range of topics including Divorce, Sex therapy, even how to’s on Love, Friendship or working relationships, relationship issues, etc. The key is to determine the kind of slant that has potential for profits and capitalize on common problems in our society.
The great thing about choosing this niche is that there are so any possibilities that you can have a wide range of backend products to sell once you established your business. From learning how to raise a baby to schooling, building your business on parenting will allow you to achieve a captive audience for 18 years old and beyond. Parenting covers a wide range of issues including health, relationships, discipline issues and dealing with teenagers, you won’t be out of stuff to promote and discuss with your target audience.
Health has always been a profitable niche. It’s not a seasonal niche which means it’s always in demand all year round. From weight loss to holistic treatments, health is all about providing accurate information and informative details that solve problems.
Why not capitalize on people’s passion for arts and crafts? Just like health, hobbies is an evergreen niche, it’s constantly in demand! You can provide information, services and products from anywhere to knitting to creating handmade accessories. You can create an instructional video and offer an eBook for in-depth lessons on various topics that falls under a particular hobby. You can discuss topics that range from gadgets to cross stitching; it’s a pretty fun niche to bank your money on.
If you love sports, why not make money off on your expertise? From instructional videos on perfecting a golf swing to training amateur tennis enthusiasts, you can offer your services on a wide variety of sports. However, do note that this is an extremely detailed niche so provide nothing but facts and feature techniques that really works.
Real estate is a billion dollar business, especially now that the economy is on the mend. The fact is, not a lot of information is available for newbie investor, which is good news to you because you can provide real estate hunters the information they need to make one of the most important purchases of their lives. You can also teach house flippers how to renovate a house and increase its original value sevenfold.
Stock Market Trading
From offering great tips, software solutions and information in daytrading, turn the Stock Market into your own moneymaking machine by satisfying your target market’s hunger for knowledge. It is important to remember that there are legal restrictions as well as requirements prior to venturing into this business model.
Love and Dating
Online dating site industry has reached over 1billion dollars per annum. Yes, looking for love is big business online and you can cash in by providing great eBooks and tips for people who want to improve their chances of finding The One… or at least make the search fun for your target audience.
Bank on the gaming niche by offering in-depth information on how to break into any video games. From trade secrets to statistics and expert tricks, get your target audiences hooked on your product by coaching them and offering information found nowhere else.
Offering information for those planning on taking up online degrees is a largely untapped market but once you do your own research and determine why some people prefer to apply for certain degrees, you could be making massive amounts of money from this niche.
This might be a seasonal niche (summer = bikini season) but for others who want to lose the extra pounds at any time, this makes weight loss one of the most sought after niches online. From offering great information about foods that cuts down the fat to exercise techniques and fat burners, there is a wide range of products and services you could offer in this niche.