13 Nov

Reader Q&A: What Are The Most Profitable Niches For Affiliate Marketing? [Updated November 2016]

I received an email from a reader named John asking a fairly common question so instead of just replying to him personally (which I did as well) I’ve decided to write the answer up as a post so anyone reading can benefit.

John asked “What Are The Most Profitable Niches For Affiliate Marketing?”

It’s one of those questions that is kind of tricky to answer as almost any niche that has a lot of buyers and affiliate products to sell can be insanely profitable if done correctly.

However we will look at 3 different ‘niche types’ in this post which are VERY profitable for affiliate marketing purposes….

 

Estimated Reading Time: 2 minutes

 

 


Here’s What You’ll Learn:

  • The 3 main evergreen markets that are always profitable so you never waste your time on unprofitable affiliate niches.
  • Why passion and hobby based niches make such great niches.
  • High payout niches that pay you up to $5,000 commission and have low refund rates.
  • Why promoting high end offers is no more hard work than promoting a $7 ebook and yet brings in much more profit.

 

(P.S. If you’d like to download a free list of 101 expensive affiliate niches click here or the image below)

 


 1. The Big and Always Profitable Evergreen Markets: Health, Wealth and Romance

These markets are evergreen and profitable and forever will be.

The health market includes niches such as diets and weight loss, embarrassing problems, quit smoking and medical issues to name but a few.

See these niche ‘hacks’ on the paleo diet and the hot new Mediterranean diet.

 


Health Niches

The niches in health never slow down as people are always looking for the next best thing for fat loss, health improvement and much more.

Here are some examples….

 


Reasons To Get Involved In Health Niches

  • Products and information can cost up to hundreds of dollars and some even cost thousands and up (think treadmills and machines).
  • This is a market that has many niches with passionate people who put health first so you can expect big spenders.
  • Many health niches are ongoing, so that means repeat purchases are going to be made.

 


Wealth Niches

Wealth covers internet marketing, Forex, gambling, affiliate marketing, multi level marketing, business opportunities and more.

Look at these niches…

  • Internet marketing for beginners
  • Affiliate marketing for busy people over 40
  • How to make money blogging for beginners

 


Reasons To Get Involved In Wealth Niches

  • Many wealth niches require people to spend money and products / information can range anywhere from a couple bucks to hundreds and even thousands of dollars.
  • People are always looking for ways to make money so they will not stop looking, which means ongoing success for you as a marketer.
  • Many of the wealth niches are expensive and need ongoing purchases as people can be obsessed with getting the most up to date and complete information.

 


Romance Niches

Romance obviously refers to online dating, attracting members of the opposite sex, pick up, finding a husband / wife, getting your ex back and many more.

Just take these niches for example…

  • Senior dating
  • Dating for divorced men/ women over 40
  • Marriage for young couples with a limited budget
  • Pick up women for beginners
  • Online dating for businessmen over 40

 


Reasons To Get Involved In romance Niches

  • People are passionate about finding a companion so they are willing to spend constantly to learn the skills required.
  • Dating is evergreen and is of interest to picking a demographic and marketing to them is all that’s left for you to do.
  • Plenty of other websites in this market so limitless connections to influencers and traffic for you.

 


Take Action And Pick Your Niche

All of these major markets have near endless sub-niches to be explored and are definitely VERY profitable because people are desperate for solutions to their problems and willing to pay for them.

Most of the consumers are looking for a ‘magic bullet’ (or magic pill in the case of weight loss) and aren’t really willing to put the effort into loosing weight, building an online business or improving their confidence so they can meet the opposite sex for example.

So when they inevitably fail (even though they didn’t really try) you can go ahead and sell them another product that they can fail with all over again.

There’s no end of affiliate products to promote both digital and physical either.

So definitely highly profitable as I’m sure you can see.

 


2. Hobby and Activities That People Spend Loads of Money In

Hobbies and activities are also stupidly profitable if you target the ones where the customers have a lot of money to spend on their passion.

When something makes someone feel happy or gives them pleasure they will spend money on it over and over again.

Hobbies, sports and other activities fit into this category perfectly.

Think of expensive activities like golf, sailing, fishing, travel, hunting.

People are forever buying new equipment, tools and gear for their passions.

They need accessories, they are willing to pay for training and guides or things that promise to make them even better at their activity of choice.

Endless sub-niches to be explored and no shortage of both digital and physical products available to promote as an affiliate.

Which is why hobby and activities are crazily profitable.

 


Examples Of Hobby Niches

 

niche ideas

 


3. High Paying Affiliate Products and Services That Pay Up To $5,000

This includes pay day (and most other type of) loans, private jet charter, yacht rental, online casinos, luxury goods such as watches, handbags and jewelry, travel and an almost endless list of others.

It takes just as much time and effort to promote a $7 eBook as it does a luxury yacht program or private jet charter that pays hundreds to thousands of dollars in commission per sale and you don’t need to make many sales to make a serious profit.

The refund rate on high end products is much lower than on $7 eBooks too.

People don’t make rash decisions when spending thousands so if they buy something they usually plan to see the purchase through.

People who buy high end goods don’t have money problems so they’ve no problem spending their cash on luxuries.

These are recession proof niches.

With products like pay day loans there’s no shortage of people needing money and those who borrow once are likely to do so again.

If you’re bad with money you’re likely forever bad with money.

Poor people usually stay poor so they always need help.

Gamblers rarely quit so they’ll be back time and time again to hunt out the new ‘lucky’ casino and grab that new bonus and with many casinos paying affiliates a percentage of a players life time losses you continue to get paid month after month.

If you’d prefer to follow money over passion then definitely pick a niche that fits into one of the criteria above.

All have endless customers, are high ticket, and are hugely lucrative.

 

 


Conclusion

The big evergreen niches of health, wealth and romance will never be out of demand as people ALWAYS have problems they want solved and rather than work hard at it they’d prefer to buy a product and hope it performs magic for them.

People will never give up things that make them happy so hobby and activities are always going to be around and there’s always some new equipment or gear to buy that promises to make them better.

You’ll forever have both rich people who have an endless amount of money to spend on high end goods and poor people who are constantly seeking money who turn to loan companies and gambling.

So whilst there’s no 1 niche that is the ‘most profitable’ for affiliate marketing (or any other) purposes if you want to get involved in big money niches then pick one of these three niche types.

Chelsea wrote a post here on how to find your niche’s best selling products so the possibilities are really endless.

You can also check out our 7 steps to finding your profitable niche.

Hope that answers your question John!

 

(P.S. If you’d like to download a free list of 101 expensive affiliate niches click here or the image below)

 


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The post Reader Q&A: What Are The Most Profitable Niches For Affiliate Marketing? [Updated November 2016] appeared first on NicheHacks.

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