So you’ve decided to ditch your 9-5 job and start a website online.
But you might be wondering which niche would make you the most money.
Well, you’ve come to the right place!
Choosing the right niche means choosing a profitable one –– a focused part of the market for which there is an existing audience who are already spending their money.
How do you choose?
That’s where we come in!
In this post, we will look at some of the most profitable niches out there and give you tips on how you can get your foot in the door for each niche.
There are a few things you want to take into consideration when deciding on the niche for your online business.
Covering these points will ensure you forge ahead with the right strategy.
It’s no surprise that the fitness and weight loss industry offers the chance to make huge revenue.
In the year 2019, the global weight loss industry was measured to be worth a whopping $192.2 billion!
This is an ideal niche because people who want to become fit and lose weight are willing to spend money on a promising solution!
Helping them achieve their goals not only earns you great money, but also makes you a positive influence in people’s lives!
How do you do this? Well, it’s very simple.
If you’re interested in personal training, becoming an online fitness coach is a lucrative business that has a lot of growth potential!
This is seen especially on social media platforms like Instagram where fitness coaches moonlight as influencers, giving guidance on everything from exercise, to diet, mental health, and holistic wellbeing.
But what does it take to become an influencer in the fitness industry?
Building a fitness app is a further innovative way of educating consumers on a plethora of all things healthy living –– and making a ton of cash!
It’s obvious that no matter where you are in the world, people will always be persuaded by the allure of the next best way to lose weight fast.
In choosing this niche, there really is no room for failure.
Today, love seems to be inescapable.
You can hardly scroll through Facebook for 30 seconds before seeing half of your friends getting engaged or married.
Instagram feeds are bombarded with photo after photo of the new ‘couple shoot’ trend.
Hollywood has sold us the fantasy out of rom-com love ever since TV came on the scene.
Whether one is wanting to fall in love or stay in love, this market presents a deep well of possibility.
Starting an online dating service for specific groups like single moms, gay couples, divorcees, and singles over the age of 50 is an undeniable money-making opportunity.
This is a niche that holds a lot of opportunity for the publishing of books laden with all things communication, improving, and strengthening relationships.
Luckily for you, Amazon Kindle has made it super easy to publish remunerative books online that can bring in more than $100 on a daily basis.
Publishing vehicles such as Publisher Rocket are the best tools to use! Publishing and promotion are taken care of and your book ends up in front of the right people!
If books aren’t your thing, blog platforms are an alternative strong way of reaching people.
More than half a billion people have figured out how to start blogging and run successful blogs — most of which generate their monthly income!
If you have a blogging dream, we recommend using systeme.io as your chosen platform. It’s super easy to use, inexpensive, and offers you the most flexibility out of all the blog platform options.
This is one of the biggest, most successful niches online.
Setting and achieving goals, overcoming personal barriers, improving self-confidence, accomplishing career goals are all problems for which there exists a self-help solution.
And one book; one answer is never enough.
Why else would the self-improvement industry be sitting on an estimated worth of over $9 billion?
You have the option of creating books, online programs, coaching, guides, courses, and more all to do with bettering one’s personal circumstances.
More people are looking for online courses now than ever. They are fantastic tools to use in reaching and educating people.
If you’re unsure of where to start, check this great article on how to create an impactful online course!
Or, if you’d rather opt for a more personable route, then online life coaching may be for you.
This must be one of the biggest niches out there, with an estimated market value of $66,75 billion per year.
In the US alone, 85 million households have pets.
Let’s be honest, pets have taken the place of babies.
There’s a whole generation of people who would rather rear a puppy than raise a child and, honestly, who can blame them?
Pets provide all the added benefits of having kids minus the part where you end up paying for over 20 years of schooling.
With the global number of furry friends ever increasing, we think dog training would be a great way to tap into this niche.
This is a great idea if you’re looking to reach thousands more people (and obviously make more money!).
This video provides all the answers you need for starting your own pet-related Youtube channel.
Otherwise, pet sitting services are another possibility.
People love their pets so much that they’re more than willing to spend money in this industry, which is ample motivation to make this niche the focus of your online business.
There’s never been such a time as this, where youthful skin has been so much of a commodity.
Just about every ad on TV has something to do with pressing pause on the aging process and achieving a radiance you never had before.
The cosmetic industry is armed with thousands of skin tighteners, wrinkle removers, blemish concealers, and probably much more that we don’t even know about –– all in the name of beauty.
Thanks to Youtube, it’s now easier than ever to fulfill your dreams of becoming the next Nikkie Tutorials –– a popular beauty vlogger.
Starting your own beauty Youtube channel can actually be done in 7 hassle-free steps!
Instagram is loaded with health & beauty ambassadors and influencers who regularly inform the public of products to get behind.
If this is something you can see yourself doing, here’s how you can get started!
Etsy offers a rather low starting cost of only $.20 for your first listing, which lasts for 4 months.
Your online shop can offer things like handmade cosmetics, skincare or beauty accessories.
This is a lucrative opportunity that lets your creativity really shine!
Tapping into the beauty market is a guaranteed win, as the global cosmetic industry is currently estimated to be over $380 billion and is growing by the day!
Contrary to popular belief, the English language is the first language of only 13% of the world’s population.
Despite this surprising statistic, it remains the most learned language in the world.
Mandarin is not far behind, currently being spoken by over one billion people.
Whether it’s English, Mandarin, Spanish, or French, the fact of the matter is — people love learning new languages.
Being able to speak multiple languages is a great skill to have, especially in light of a growing global economy and international travel.
In fact, our founder, Aurelien Amacker, started a blog about learning English in 2010 and created a 2 month online course where he earned $3500 at his first launch!
You can be earning the same, if not more, by starting your own blog just like Aurelien’s, by following these simple steps!
Perhaps you’ve heard of language learning apps like Duolingo. These are easy, fun ways of teaching English across various platforms!
The language acquisition route also gives you the option of offering online tutoring sessions if face-to-face interaction is more what you’re about!
We recommend getting started with Verbling, an online language teaching platform that you can join as a tutor, and make up to $30 an hour!
The market for language acquisition is ripe and ready for the taking!
Starting an online business isn’t easy.
Not knowing which niche is best can make it even more difficult.
Don’t throw yourself down the Google rabbithole of 200+ potential options and end up even more confused.
Take our word for it –– these top 6 niches for online business are sure to get you ready to start making money!
Remember, you only need one good niche to make it work. Couple that with some extensive research into your chosen market, and you’ve got yourself a win.
Now is the time to leave the expectations and ideals of traditional society behind and dive deep into those dreams and desires you’ve put on the backburner!
If you don’t, who else will?
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