Many people wonder how to make money online and affiliate marketing is one of the most popular ways in which to do this.
Not everyone succeeds and many fall by the wayside however you can make money with affiliate marketing but a big factor is a niche that you choose. Not every niche is profitable but there are several popular niches that create great affiliate marketing ideas which mean the chance to make money.
So, how do you go about finding a niche for affiliate marketing and what are the most profitable niches?
How to choose a niche for affiliate marketing
There are plenty of people who say they know the best niches for affiliate marketing and while some are evergreen and make more than others, you need to consider a few things.
For example, are you actually interested in that niche? Can you write 100 blog posts about it? If you can’t then you have chosen the wrong niche!
You need to think about what really interests you. You can look at a list of niches and choose one with the most expensive niche products but will you stick with it? Choosing a niche isn’t just about finding what is profitable but it is also about what interests you too.
Most profitable online niches
OK, so now we know that finding a niche for affiliate marketing isn’t just about what is lucrative – what are the best niches to focus your attention on? Do some make more money than others and are there any to avoid?
We have a list of the top 5 profitable online niches.
#1 Health and Wellness
People always want to better themselves. Whether it is to get back in shape, quit smoking or just eating a little easier, this is a huge market.
With the health and wellness niche you can target a very small sub-niche market – what about acai berries to treat skin conditions for women ages 25-50? – instead of trying to muscle in on the wider markets where you probably won’t make much money.
#2 Wealth and Money
People want to make money. This is why the wealth and money niche is such an evergreen market – it will never die out!
Some of the most profitable affiliate programs can be found in this niche and thousands of people make a lot of money every single year. There are a load of products out there from eBooks or training programs and much more that you can sell as an affiliate.
#3 Romance Niches
Dating, love and romance are such big markets that there is room for anyone to make money from it.
It could be selling premium memberships to a dating site as an affiliate marketer, promoting products for a better life or online marriage counseling offers. The romance niche often has expensive niche products that people buy because desperation means doing anything to rectify the situation.
#4 Gaming Niches
The video game market is huge and that means there is a lot of potential to promote and sell products as an affiliate.
Aside from just promoting video games as an affiliate (which can be lucrative given how expensive most games are these days) you can also make money with walkthrough guides, add-ons and other products. With smartphone games growing in popularity means that there is another avenue to pursue and this market keeps developing all the time with new releases and new content.
#5 Hobby Niches
The hobby niche is even more wide-ranging than the ones that we have written about above.
As hobbies are so diverse and so different, it is hard to categorize this into one actual niche. Instead, find out what people have as hobbies – woodworking, playing golf, gardening, building model railways – and go from there. You will find plenty of opportunities to make money when you discover a sub-niche within the different hobbies out there and if you are interested in that pastime too then all the better!
Look out for lucrative affiliate programs
Finally, you need to have a look for some of the most profitable affiliate programs to go along with your newfound niche.
There is little point in using an affiliate program that requires you to sell thousands of products to make a small income because the commission is so low.
Do your research and find an affiliate program that suits you and what you want to achieve otherwise all the hard work you put into your affiliate marketing efforts will be in vain.