If you are just starting out as an affiliate marketer, you may be wondering what is the best niche for your website in terms of earning money online.
Unfortunately, there is no single answer. However, there are some ways to help you find your own niche.
What is a Niche?
First things first, a niche is a distinct segment of a market, which can be any one of your interests, hobbies, or passion.
Let’s take a look at the video below that will walk you through what is a niche and how to choose your initial direction online…
Simply put, ANYTHING that can be purchased online is a lucrative niche.
Ideally, you should be choosing something that you are passionate and enthusiastic about, or something you are interested in so that you can become an expert in that field.
To be honest, creating an online business is fun, and trust me, you don’t want to work with a niche that wearies you in the long haul.
Currently, you don’t have to be an authority within that chosen niche. If you’re really passionate about your niche as well as your online business, you will be more productive and starting to become an authority gradually.
There are now more than 4 billions of people online asking questions, searching for information, and spending tens of millions of dollars on products and services on a daily basis, therefore, practically anything you can think of is a money-making niche for your website.
As mentioned in the topic, this post will be teaching you to choose the best niche for affiliate marketing.
That leads us to the following question…
What is Affiliate Marketing?
Affiliate marketing is a process by which affiliates earn a commission by promoting and selling other peoples’ products, when someone buys a product via your affiliate link, you earn a certain amount of profit.
Here is a quick breakdown of affiliate marketing by using the 4-step process developed by My Top Recommended Affiliate Marketing Training Community, Wealthy Affiliate.
1. Choose a niche
2. Build your own website based on the niche content.
3. Attract visitors
4. Earn a commission for every sale.
As you can see, all the steps are built on your niche. That’s why it is extremely vital to select a niche that will interest you.
What People Purchase Online?
When it comes to choosing the best niche, you should consider what are the things people purchase online regularly.
Although people buy anything online, there are certain niches that may lead to higher sales and generate more income.
The 6 Most Profitable Niches for Affiliate Marketing
These niches are proven to be moneymaking simply because every country across the world is obsessed with these.
1. Make Money Online
As an affiliate marketer, you can write both recommended and scam reviews about different products and affiliate programs. You can even earn a significant amount of revenue by referring people to join these programs, such as Wealthy Affiliate.
For each person you refer to join the WA premium membership, you will earn from $8 USD – $175 USD. What’s more, you can actually do that without being a paid member.
This is a screenshot of how much can you earn by referring each person to Wealthy Affiliate.
People love animals and they spend a lot of money on pet supplies, including toys, healthy treats, shoes, and countless accessories.
In addition to promoting products, you can offer information, for instance, promoting ebooks about pet training.
3. Exercise & Fitness
With the growing concern of health, people are spending more time on exercise as well as fitness, leading to a rapid growth in the fitness industry.
For this niche, you can teach about different workouts, bodybuilding tips, promote exercise program and fitness equipment, etc.
4. Weight Loss
Though exercise & fitness is closely related to weight loss, there are some differences between these two in terms of products and services.
For this category, companies put more emphasis on helping people to lose weight, offering products such as diets, supplements, and weight loss programs, providing great products for affiliate marketers like you to promote in order to earn commissions.
5. Fashion & Cosmetics
If you happen to be a makeup artist, you can think about writing blogs about makeup tutorial while selling cosmetics or other fashion-related products.
If you have no idea where to begin with, take other famous affiliate marketers as reference.
If you are a parent, you may consider promoting baby products since you are more familiar with this category while it is also one of the broadest niches in the market.
As it’s impossible to cover all the products within this niche, try to narrow it down to a smaller category, like diapering, strollers or baby clothing to maximize your profit.
Other Ways to Find Your Niche
Apart from these niches, you can get more niche ideas on Amazon.
Being one of the largest affiliate programs in the market, Amazon offers more than millions of products, where you can find loads of niche ideas that you’re interested in.
In fact, every one of them can already generate hundreds or even thousands of niche ideas for your website.
Another great way to generate niche ideas is through Answers.
Similar to Amazon, Answers is an active online platform where people are asking questions about anything all the time. You will find tons of niche ideas there.
Simply type in your question and search for more possible ideas.
Regardless of how narrow the chosen niche is, there is always a significant amount of audience and opportunities for you to make money.
Don’t focus on what is popular right now, concentrate on the things that you’re passionate about.
My Last Thought
Affiliate marketing is a great way to earn money online.
But it won’t happen overnight.
In order to generate that consistent passive income stream and be your own boss, you first have to work extremely hard.
And the very first thing you should do is start by researching and brainstorming ideas for a personalised niche.
Note that these are just the most profitable niches out there and I’m not forcing you to use them. Instead, I want you to select the niche that intrigues you the most.
If you really cannot decide on a niche, perhaps you can choose the make money online niche and start promoting Wealthy Affiliate.
Interested? Check out my full Wealthy Affiliate review.