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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....
Here's What You'll Learn:
1. The big 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
Wealth covers internet marketing, forex, gambling, affiliate marketing, multi level marketing, business opportunities and more.
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.
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 lots 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.
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 saleand 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.
Hope that answers your question John!
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Tags: affiliate marketing, best niche for affiliate marketing, niche, profitable