Affiliate marketing is considered one of the most lucrative online businesses one can run. After all, there are plenty of companies eager to sell, and millions of potential customers wanting to buy – making these two meet and pocketing a hefty commission is anybody’s dream job.
But it’s not as easy as it sounds – being a successful affiliate is the result of hard work and dedication. And all this starts with choosing the best niche for your business.
Trending niches come and go – but there are a select few “evergreens” that always have an audience. Among them, the best ones are wealth, health, and lifestyle.
Wealth
The “wealth” niche covers everything money-related, from credit cards and payment apps to safe online casino banking and investments. In today’s mad world, the possibility of an alternative income stream or even saving a few dollars with each transaction is an attractive idea for anyone. Besides, having an extra buck in your pocket is always a welcome idea – we live in the age of the hustle, after all.
According to some estimates, the “wealth” niche is a market potentially worth $23 billion a year. The potential niches covered include personal finance, frugal living, cryptocurrency, stocks and other investments, retirement accounts and plans, and the list could go on. And there are plenty of affiliate programs to choose from, ranging from credit card companies to cryptocurrency exchanges.
Health
The “health” niche never goes out of style, partly because health (and beauty) is something that always preoccupies the public. Not to mention the fact that the niche is huge, covering a variety of sub-niches, so there is something for everyone inside it.
The “health” (or “health/beauty”) niche covers everything from growing food and herbs to cooking, diet tips, health conditions, beauty tips, exercise, supplements, and everything in between.
The “health” niche is constantly growing, fueled by the countless diets, fitness plans, health foods, even meat alternatives that are being pushed into the market these days. Some estimates put the value of the market at almost $500 million a year. As you might expect, plenty of these products are being promoted via affiliate programs, so you’ll have more than enough to choose from.
Lifestyle
Finally, here is one that’s for the ages: the “lifestyle” niche, also covering a huge variety of sub-niches. This niche covers everything from cradle to the grave, including dating, marriage, pregnancy, child care, parenting, education, self-improvement, sustainable living, hobbies – and each of these has countless sub-branches to cover. And, of course, products and services to promote.
And just like the circle of life, this niche is always renewed – and always the same, offering countless opportunities for sales and a steady stream of income.
