Discover the Most Profitable Niches for Affiliate Marketing
One of the most common questions we get from our Affiliates is, “What are the best methods to earn money online?” followed by “What is the best niche to make money as an Affiliate Marketer?”
Unfortunately, there is no single answer as any niche in affiliate marketing will have a lot of keen customers and quality products that will sell, and can be insanely profitable if done correctly with the right business strategy in mind.
There is a common myth that affiliate marketing is all about the volume of traffic to a product. However, that’s not the case.
It’s actually about providing what the customer is looking for by offering user-friendly websites, blog/reviews and all the information they need about the product, to encourage them to purchase the product from you and no one else.
You need to focus on the customer experience, as there will be many other marketers like you out there promoting products in very similar ways, so as long as you provide value to the customer, they will come to you.
So in fact, there is no real answer as to which niches are the most successful, but today we will look at the top 3 evergreen niches that are very popular and profitable in the affiliate marketing industry.
Profitable niches that never go out of style
- Wealth and Money: Make money online, Forex, multi-level marketing, jobs/ careers, gambling
- Health: Diet and weight loss, healthy eating, quit smoking, health supplements
- Romance: Online dating, marriage counseling, dating tips,
We will look into these categories in more detail below…
Money, Money, Money…
According to the Guardian, the online business industry is worth £100 Billion, and that’s in the UK only, so it’s definably a very lucrative industry.
So if you’re looking to earn big bucks then this is the niche to get your fingers stuck into.
This niche is listed as the top as money attracts everyone, there are large numbers of people online every day trying to find some ways to make money.
However, you need to play clever, as customers can easily be put off having any involvement in these type of niches.
You may have seen many ‘Make money online’ or ‘earn $1000 overnight’ adverts online and via email, and what do you automatically do… click on the trash button.
So don’t be one of those types of mailers as it does sounds like a scam.
Try to be more specific so rather say, ‘Learn how to make money’ – this suggests that you are willing to help them to make money and become successful plus it sounds more genuine.
This should attract 100% profitable users towards your website or email.
Why should you get involved in the wealth market?
- Many wealth products require people to spend money which can range from a couple of dollars to hundreds and in some cases, thousands.
- People are always looking for ways to earn money
- People often get obsessed and addicted to these type of niches after discovering how easy it can be.
Survival of the healthiest
Report from Euro monitor describes that the health and wellness industry will be worth $1 trillion globally by the end of 2017.
America alone is reported to have spent $322 billion just on health products (diabetes.org) This means that there is a lot of money to be made in this niche if you willing to help people get fit and healthy.
This niche is also popular as more and more people are concerned about their weight and health, mainly due to the high exposure of super models and celebrities on TV and social media.
Health and diet-related content are HUGE on social media, especially on youtube as there are millions of fitness training tutorials, health tip videos, healthy cooking shows etc.
It has also taken Instagram by storm, as many people are regularly uploading fitness related photos and selfies.
Why should you get involved in the health market?
- You can expect big spenders as this is market where passionate people are willing to pay over the odds for health and fitness
- Health niches are on-going which means repeat purchases and subscriptions can be made.
- Some products can cost up to thousands such as fitness machines, treadmills etc.
Single Ready to Mingle
A report from Statistics Brain shows that over 49 million people in the USA alone have tried some type of online dating service, and as more people are embracing the digital world it has become much easier to access these websites.
Dating sites and dating guides are commonly linked together, and it’s a clever way to keep your customers from leaving.
Take a dating site, for example, a customer signs up, write an interesting bio about himself and next minute you know, he’s got himself a date!
Then they will start asking questions such as ‘Will he/she like me?’ ‘What to do on a first date’ etc… to a point that they will start searching the web for answers. So why not offer a dating guide
Do you see where this is heading? Clever right
This just goes to show how lucrative these niches can be, and there are so many ways to generate sales.
Why should you get involved in the dating market?
- People are passionate about finding a companion to share their life experiences, so they are willing to spend constantly
- You can easily up-sell dating products
Follow the competition – Get into niches with a lot of demand and a lot of customers, as people are always looking for solutions to specific problems in their daily lives.
All you need to do is bring in some effort passion and some good old fashioned hard work and any niche you touch will turn into gold!