Do you know that the digital advertising industry in India will grow to 539 billion by 2024?
In the year 2015, it was 47 billion rupees. Stats indicating a big growth in the industry segment.
Do you know that 42% of the startups fail because they couldn’t find a profitable niche for their online businesses?
Many people are in a rush to learn blogging, digital marketing, start youtube channels etc. But the biggest problem they face is finding and narrowing down their micro-niche.
After testing & working on many niches. I have developed a powerful and proven system for you in this guide.
In this guide, I will show you how to find a profitable niches “Business Growth, Career Growth, Health & Wellness, Money & Wealth, Relationship, Art & Crafts and Persona Growth.
Or sub-niches (Micro niches)
How to Start blogging, affiliate marketing, online business, youtube, Instagram, dropshipping etc. under 1 hour.
Before looping you into how to find your niche? You must know a few basics if you are a beginner.
What is a niche?
Niche is a specialized segment of the market for a particular kind of product or service. Or In simple words, I tell you “A niche is a laser-focused, targeted area that you serve particularly well”.
For Example – If I talk about women’s shoes, there are so many niches or segments or categories. Such as show for girls, shoes for a baby, shoes for working women, Shoes for vegan women, plus-sized women, shoes for nurses, and shoes for transgendered people etc.
For instance:
Industry ——– Pet
Niche ——– Dog Care
Sub niche ——– Dog Care > Dog Training
Sub-Sub-niche ——– Dog Care > Dog Training > Pit-bull Training
What are the most profitable niches online? Types of niches? (10 Most Populer Niches)
- Wealth Niche
- Health Niche
- Love & Relationship Niche
- Business Niche
- Technology Niche
- Finance & Investment Niche
- Fashion and Beauty Niche
- Travel Niche
- Movie & Music Niche
- Self-Improvement Niche
- Sport Niche
- Pet
- Make Money Online
Advantages and Disadvantages of Niche for Your Online Business?
- Advantages
- Low Competition
- Brand loyalty
- Less Spend On Marketing
- Higher profit
- Expertise
- Get Laser Targeted Traffic
- Easy to Rank in Google SERP.
- Easy To Monetized
- Disadvantages
- Growth Limitation
- Lower Traffic Potentials
- Fewer Options for Monetization
- The Niche May Become Obsolete
- Fewer Searches
Till here you have learned what is Niche?, Top Niche & Pro & Cons of Niche.
Now it’s time to find out how to find a profitable niche for blogging, affiliate marketing, online business, youtube, Instagram, dropshipping etc. in under 1 hour?
In this blog post, I have explained about 4 steps. If you apply these 4 steps, Not only, You will able to find your niche but also there are higher chances to select a profitable business.
Feeling excited, aren’t you?
Let’s jump right in!
How to Find a Profitable Niches 2024?
- Pich an Industry Where you can solve problems?
In Online Business, You must choose the right area, where you can solve real-world problems. It’s all about solving Big problems. I did research and find 7 industries where people love to spend & invest money to solved thor problems.
1. Business Growth – If you passion about Business then your must you one question for yourself. “Do you want to solve business problems?” If the answer is “Yes” Write what problem {?}
2. Career Growth – If your passion in Career then your must you one question from yourself. “Do you want to solve career problems?” If the answer is “Yes” Write what problem {?}
3. Health & Wellness – If your passion is health then your must you one question from yourself. “Do you want to solve health problems?” If the answer is “Yes” Write what problem {?}
4. Money & Wealth – If your passion is Money & Wealth then your must you one question from yourself. “Do you want to solve money problems? ” If the answer is “Yes” Write what problem {?}
5. Relationships – If your passion about Relationships then your must you one question from yourself. “Do you want to solve money problems? ” If the answer is “Yes” Write what problem {?}
6. Arts & Crafts – If your passion about Money & Wealth then your must you one question for yourself. “Do you want to help people become creative?” If the answer is “Yes” Write what problem {?}
7. Personal Growth – If your passion about Personal growth then you must ask one question from yourself. “Want to help people grow personally? ” If the answer is “Yes” Write what problem {?}
- Pick A Specific Niche (Passion+Profit) Where You Want To Create An Impact
Above I have mentioned niche, segment or category but It is a very vast niche. Your 2nd step is to narrow down your niche to solve problems. Make a note that you have found more specific but lesser in the competition.
1. Business Growth –
- Sales – Direct Sale Etc
- Marketing – Online Marketing, Off-Line Marketing
- Operations or Finance – banking, Personal finance, Investment
2. Career Growth –
- Soft skills –
- Hard skills or Specific Subjects
3. Health –
- Immunity
- Disease
- Obesity
- Stress or Age Reversal
4. Money –
- Money Making Online
- Managing or Multiplying Money
5. Relationships –
- Self Love
- Couples or Parenting
6. Arts & Crafts –
- Music
- Painting
- Cooking or Specific Crafts
6. Personal Growth –
- NLP
- Psychology or Specific Sciences
- Buil A Method/System By Which You Will Solve That Problem
Already, There are many ways to solve the problem what is your best way to solve the problem. Until you don’t the solution of a problem unless you can get success.
Let’s take an example –
There are N numbers ways to lose weight such as yoga, fasting, nutrition, juice, therapy etc. Find out your product or service which can help you to solve the problem in a better way.
- Find Your Micro-Niche By Using 5P Model
Most people thinking that picking a niche is just about following a passion. But you must keep the thing in mind that your niche should profitable. Otherwise no use in selecting a niche. Check the below screenshot.
Add Image here!
If you want to succeed in your niche then you must follow 5 step formula.
1. Passion – If you want success in any niche you must have a passion for your topic. If you don’t you will not be able to create an impact in your market.
2. Problem – If your passion doesn’t solve a problem, you count as just a hobby. Keep this quote in the mind “Laser Focused Problem, Lesser Competition”.
3. Persona – Helping “moms” lose weight after pregnancy, is a more powerful positioning compared to helping everybody lose weight. Narrowing down your target market is as important as narrowing down your topic/method.
4. Potential – After checking persona. Don’t forget to check about your niche. It is growing or declining. This process will help you to monetize your niche.
5. Payment – When you will pass the above 4 steps. Then, will you be able to get paid for your niche? Otherwise, you will just be wasting your time, money & energy without profit.
Top 10 Most Profitable Niches List That Makes Money in 2024
- Make Money Online
- Passive income
- Affiliate marketing tips
- Blogging tips
- YouTube marketing
- Online job
- Profitable Health Niche
- Digestive health
- Weight loss
- Anti-ageing
- Diabetes
- Arthritis
- Back and neck pain
- Hair loss
- Skincare
- Yoga
- Profitable Bodybuilding Niches
- Workout: Workout routine, tips, supplements, etc.
- Professional Muscle Building: Course, machine, or Coach.
- Muscle Gain Diets: Eating guideline.
- Routines of a Muscle Builder: Routine for men or women. pills, medicine.
- Profitable Diet Plan Niche
- Keto Diet
- Paleo Diet
- Vegetarian Diet
- Profitable Relationship Niche
- Meet Girls Niche
- Mature Women Dating Niches
- Older Dating Niches
- Dating a Single Dad Niche
- Mon & Son Niche
- Kid
- Profitable Psychotherapy Niches
- Anxiety Niches: Creating a course, becoming a coach, providing tools.
- Stress Management Niches: Help people with management guidelines like Swimming, Dancing, Cycling, Etc.
- Depression: Help people how to get over depression.
- Hair Loss Niches: Hair medicine, tips, and tricks.
- Profitable Travel Niches
- City Guide
- Travel Tips
- Luxury Travel
- Travel Gadget
- Honeymooners
- Profitable Photography Niches
- Food Photography
- Product Photography
- Wedding Photography
- Newborn Photography
- Fashion Photography
- Lifestyle Photography.
- Photography Tips
- Photo & Video Editing + Software tips.
- Photography Gadget
- Gardening Niches
- Gardening Tip
- Gardening Tool or Equipment
- Lawn Care
- Electric Lawn Mower
- Vegetable Gardening
- Profitable Weight Loss & Gain Niche
- Weightloss For Women Tools, supplements, diet, machines.
- Weight Loss for Teens: Teenage, who are looking for tips, tools, or foods etc.
- Weight Loss for Men: Tools, Supplements, Diet, machines, Tips Etc
- Music Niches
- Music Lessons
- Music Players & Music Instruments
- Headphones: Tips tricks, brands.
- Music Writing: Teaching guide.
- Fashion Niches
- Fashion
- Lifestyle advice
- Beauty tips
- Real StateNiches
- Foreign real estate
- Investment properties
- Relocation
- Commercial properties
- Tech & GadgetNiches
- Gadgets
- Apple gadgets
- Phone reviews
- Computer Programming
- Computer Software, Computer Troubleshooting
- Operating Systems (such as Linux, Ubuntu)
- FoodNiches
- Wines and champagne
- Craft beer
- Exotic cuisine
- Cooking
- Home-cooked meals
- Health foods, superfoods
- Baking
- Recipes
- Kitchen equipment
- Veganism and plant-based diet
- Coffee or tea
- Entertainment Niches
- Movies
- TV shows
- Funny cat videos
- Theatre, opera, and ballet
- Stand-up comedy and improvisation
- Upcoming events
- Pet Niches
- Cats, Dogs, Rodents, Birds, Pest Etc
- Dog Training (Tips + Video)
- Pet Food
- Pet Clothes & Accessories
- GamingNiches
- Video game tutorials for beginners
- Game walkthroughs and tips
- Strategy game best practices
- Card and board games
- Outdoor games
- Personal DevelopmentNiches
- Self-development
- Self-improvement
- Personality improvement
- Getting rid of the fear of rejection, problems etc
- Finance Niches
- Personal finance
- Investing
- Forex
- Stocks
- Cryptocurrency
Some More Profitable Niche Ideas & List
- Solar energy
- Self-improvement
- Yoga Niches
- Pet products
- Diet
- Indoor sports
- Personal finance
- Personal Training
- Copywriting
- Bluetooth gadgets
- Kitchen accessories
- Sports predictions
- Car parts/accessories
- Eco friendly
- Health
- Sports equipment
- Fitness
- LED
- Bathroom accessories
- Smart home devices
- BBQ Recipes
- Cryptocurrency
- Online dating
- Make money from home
- Plumbing
- Car tracking and security
- Electric cars
- Car shipping
- Used Cars
- Car Auctions
- Home security
- Kids parties
- Virtual Gaming
- Online courses
- Soundproofing
- Renting heavy equipment
- Event organization
- Dinners
- Rent House
- Small & Medium business growth
- Smartphone repair
- Wedding Photography
After finding the niche you must want to know how to find the right keywords which help your traffic on your blog. I hope you know about “How to start a blog“.
Now let’s talk about how to Find laser-focused keywords which are low in search volume & help you to get profit.
How to Find Low Competition Niches or Keywords?
Find 7 Tools that help to find Low Competition Niches
Do you know that Low competition niches are hidden, only you need to find them out?
I this guide I am going to show you the easiest way to find low competition niches where you can be made millions of dollars.
Best 7 tools to find Low Competition Niches
- SEMrush – Industry Most Popular Tool
Semrush is the most popular tool to identify niches. Just login to your Semrush account (Sign Up for FREE 15 Days Trial). & search your topic you will your profitable niche ideas.
1. Use Keyword Research Tools
Semrush 30 Days Trial
Semrush is an all in one tool for SEO, content marketing, competitor research, PPC and social media marketing to help you attract and grow your audience online faster.
2. Use Google
Google autosuggest tool is the easiest & simple tool to get profitable niche ideas, here’s I show you how. You just need to type your topic google will auto-suggest few related keywords ideas.
Google Suggest
When you will search in google auto-suggest you get a few questions related to your topics. That will also help you to find low competition niches/keywords.
People Also Ask
Scroll down your 1st page then you find other keywords that people are searching related to your search terms. You can check & find your niche.
Google Related Searches
.
3. Google Trends
Go to google Trend and enter a keyword or topic on the search bar. Then it will show you the trend that how much keyword or topic is popular. You can compare one keyword to other keywords.
4. Google Keyword Planner
Login to your google ads accounts & enter your keyword/Topic. You will get that keyword & its related keywords with search volume, CPC etc.
6. Sensational Quora/Forum Topics
Quora is another great source to identify your low competition niche. You can check all questions related to your topic.
7. Search Best Selling Products on Online Marketplace
You can check all hot selling products related to your topic then you can decide your niche. Check below the red highlighted category which will help you to search for your topic.
FAQ – Find Profitable Niche List
What’s the most profitable niche for blogging?
- Food Niche
- Fashion Niche
- Personal Finance Niche
- Make Money Online Niche
- Lifestyle Niche
- Blogging Niche
- Affiliate Marketing Niche
What are the best dropshipping niches?
- Power Tools
- Tech Supplies
- Lifestyle Niche
- Beauty and Health Niche
- Drones And Accessories
How do you dominate a niche market?
- Create your own niche. …
- Develop your product or services. …
- Provide value and solutions. …
- Communicate with your market. …
- Establish credible talent. …
- Implement a cost-leadership strategy. …
- Competitive analysis.
How do you know if a niche market is profitable?
- Find out is what is selling in the market
- Discuss products in different places.
- Test Your Idea.
What niches are most profitable?
- Dating and Relationships
- Pets
- Self-Improvement
- Wealth Building Through Investing
- Make Money on the Internet
- Beauty Treatments. …
- Gadgets and Technology
- Personal Finance
How do you find trending niches?
- Semrush
- Google Autosuggest
- Keyword Planner
- Market places.
- Quora
What are the best niches for 2022?
- Make Money Online Niche
- Blogging Niche
- Food Niche
- Fashion Niche
- Personal Finance Niche
- Lifestyle Niche
- Affiliate Marketing Niche
How to Find a Profitable Niche for Your Online Business?
Step 1- Follow Your Passionate Niche
Step 2- Check the Niche Market Value
Step 3- Look into Past & Current Trends
Step 4- Identify the Problem of Your Niche Market
Step 5- Find Ample Products to Promote & Sell
Step 6- find that audience that Pays You
Pick the most profitable niche is not hard you just need your correct research. But that takes more time that why we have created a list of niches & how to find a profitable niche that can help you earn money 2024 & beyond.
If you want to succeed in any niche you must have Passion, Skill & market demand.
If you like this post don’t forget to like, share & comment. Ask me questions if you have any.