The great news is, there isn’t a shortage of fabulous ideas and lucrative niches.
However, you can’t do them all, and you’ve got to start somewhere.
There are those things that you’re naturally a slayer at, but on top of being a boss at doing something, go with a niche that sells.
Above all, find your sweet spot among the niches that have already been proven to move online products.
Leverage The Depth Of Your Existing Knowledge
Consequently, the best niches include an overlap of your skills/knowledge, passion, and it’s profitability potential.
On top of that, keep in mind why droves of people are turning to online learning.
First, they want to learn a new skill or gain additional knowledge around something.
Secondly, they’re seeking a career change, or they’re after academic credentials.
People from all walks of life are turning online to people and institutions to boss up their knowledge.
Profitable Niches For Online Products
If there aren’t hundreds of profitable and proven niches to choose from, there isn’t one.
Nonetheless, here are five ripe ideas in booming niches to get your creative niche juices rolling.
Therefore, let’s look deeper into these five profitable niches.
Business & Entrepreneurship
There is an enormous demand for products, programs, and courses that help people monetize their hobbies, business experiences, and leadership skills.
A few topic options within the niche include:
Teaches or coaches a particular strategy, method or process
How-to manuals and guides or reference information and insight on anything business or entrepreneurial related
Resources on outsourcing, hiring, budgeting, strategic planning, marketing, sales, and business development
Arts & Crafts
Firstly, thanks to individual eCommerce platforms to ones like Amazon, eBay, and Etsy anybody can sell online. Secondly, to fill that demand, there are online courses, guides, cheat sheets, videos, and audio files dedicated to giving people the skillsets needed to tap into the growing opportunity.
Angels within the niche include:
In the digital era, more and more people are community-focused in their off and online interactions. Consequently, social science topics have become more relevant, driving the demand for social science skills. Furthermore, people are seeking to develop, strengthen, and enhance their communication, interpersonal, and leadership skills online, at work, in their businesses, and at school.
Some popular angles within the niche:
Lifestyle is one of the broadest niches and includes everything from design, decor, travel, fashion, style, home improvement, food, gardening, and so much more.
Proven topics within the niche:
Makeup and beauty
Work from home lifestyle
For so many of us, there never seems to be enough or the right time to start or finish things we want to achieve. Therefore, to fulfill personal goals and daily tasks, many people seek assistance with things like mindset shifts, time management, and organization techniques and tools.
Aspects that work within the niche:
Moreover, there’s career, health, wellness, meditation, fitness, social media, politics, coming of age, writing, and the list goes on.
In the online product below, the niche is Law, and the sub-category being targetted is law students. ↓
More Profitable Niches for Online Products
I haven’t covered a fraction of the possibilities.
Moreover, it’s a perfect snapshot of the exact topics the global population seeks knowledge, entertainment, and inspiration around.
While Amazon’s bestsellers book list is one of the most fertile grounds for online product topics, dive deeper.
Within your chosen category, niche down and find a sub-category and get as specific as you can when selecting what specific solution your online product will provide answers, solutions, and insight around.
For example, within the Arts & Photography category, Photography has numerous sub-categories like;
Lifestyle blog photography
Black and white photography
And that’s just a few.
Above all, to most successfully leverage your specific knowledge niche down as far as you can go.
Meanwhile, now that you’ve nailed down your specific expertise within your niche, what now?
Need more online brand and business building ammo?
79% of online students feel online learning is “better than” or “equal to” in-school education.
Consequently, this attitude is supported by 57% of educational institutions.
Every day, women just like you with knowledge, passion, insight, and skills with business dreams use their experiences to build success online.
Moreover, what’s driving that success?
Info and knowledge-based products.
Subsequently, peeps are taking the experiences, skills, strengths, knowledge, and passion they have and packaging it.
So now that you’ve narrowed down your niche, what’s next?
The Transformational Experience
From there, jot down 1-3 specific transformational experiences you can take your user through.
Furthermore, think about a method, process, or system you can use to teach your user your ‘thing.’
Asking yourself what do you want to be known for?
How do you want to inspire and motivate people?
How can you create change and cultivate a transformation?
Choose a particular transformational experience your specific teaching, methodology, system, or step-by-step process can solve.
Write out the end goal (in terms of, before my product the user will go from feeling unsure, unclear and not knowing how to Xyz to after using my product feeling confident, precise and assured they could Xyz).
Outline the chapters, modules, pillars, or points needed to educate and guide your users through what they need to know, do, or understand to make their full transformation.
Learning continues to move from the traditional classroom setting and evolves across industries and platforms.
Therefore, online products in the form of ebooks, guides, courses, videos, membership sites, digital magazines, and audio files are in high demand.
In short, it’s the new way of education; eCommerce, businesses, and bank accounts can level up in the digital era.
Imagine life 365 days from now once you took action on just one of the brilliant online business ideas you have.
Have you been dreaming of, planning and praying your online empire for some time now?
The passive income, the 5-hour workweeks, and living in the ‘Netflix’ and chill mode.’
YES!!! I too dream of that.
But here’s the thing.
I could give a pretty convincing argument that the phrase ‘passive income’ should be banned as it relates to business period, exclamation point.
Yeah about that, that’s a post for another time.
But taking a viable online business idea and turning it into a six or seven-figure business is becoming less a dream and more a reality for lots of passionate entrepreneurs.
Consequently, learning how to build a captivating brand and systematically attracting people online begins with a real talent. I know that doesn’t scare you. We all have talents and skills we’ve honed and teaching, coaching and sharing your expertise at scale can be very rewarding and profitable.
Here’s the thing, once you know exactly what you want to share, make a commitment to start working on a plan and putting a system in place to make it happen.
Your dream can happen but it takes a strong vision, a plan and real work.
No secret, taking a book, blog, merchandise or business from an idea to profitability requires focus and next-level hustle, but are you afraid of that?
Exactly, I didn’t think so.
Furthermore, if you’re ready to narrow down your business idea and figure out what online business model would work best for you let’s chat.
If only the well-meaning discussions with your BFF about your game-changing biz could make it pop, you’d be rich!
I can relate, I procrastinated for years before taking my idea and talents online.
If your online business idea has been a staple in your head year after year, it’s time to move forward.
By now you’re tired of dreaming how your life could play out if you could pursue what you love full-time.
Consequently, you likely know you’d make more money and impact online doing something you love doing.
In moments of real clarity, It’s evident to you.
That the sooner you can escape the constraints of the 9-5 employee or 8-8 entrepreneur grind, you can build something amazing.
And the thought of you being able to own your time ultimately gives you goosebumps.
As it’s worth repeating, I’m a big fan of knowledge-based products.
Do you have a clear area of expertise in which you want to use the knowledge you already have to serve people?
If so, creating a digital product can change your life.
Exactly what I mean by a digital product?
Digital products are anything you can create and sell entirely online from your laptop.
To name a few, you can package your knowledge, expertise, passion, or craft in several ways.
There are online courses, ebooks, coaching, online memberships, digital magazines, photography, packaged services, download templated, workbooks, guides, meal plans, workout regimes, hair care guides, make-up application cheatsheets, and the list goes on.
Imagine as an online coach hopping on the Web to provide your expertise to coaching clients via Skype or Google Hangout.
You can set up weekly, monthly, or, even daily schedules depending on the client and projects you have.
Or, you could have an online course to teach the experiences, craft, skills, or talent you’ve been using your entire professional career.
What about your passion or personal interests?
You’ve got options to choose from when deciding what products or services to create and monetize in your online business.
Where To Go From Here
We live in the heart of a time where you can create, launch, and grow the entirety of your business from your laptop.
Once you kick the idea of remaining comfortable to the curb what’s not to be little-girl giggly about?
The answer? The most important by far is that you should market your book and build it’s momentum as early as possible.
Authors underestimate how much promotions are required to leverage social and online marketing fully.
The Added Psychological Value Of Pre-Promotions
First, when you get a jump start on promoting your book, you’ll have the added psychological pressure to make it happen.
I know that sounds crazy. Yet, you’d be surprised at how many people start writing a book and don’t finish.
Look, I get it.
Life can get overwhelming. So, if you don’t have a hard-core commitment to finish it, it may not happen.
However, when you’re writing your book with purpose and make a promise to your audience, customers, and community, you’ll be more motivated to follow through.
Trust me; my book launch was on a tight schedule. Therefore, during the last few weeks, everything took a backburner to me, delivering it on time.
When Is Too Early To Market Your Book?
Never. The sooner you can build momentum and excitement about your book, the better.
Here’s a tip I’ve learned about online marketing, people’s attention spans are short when they’re online.
Your book’s topic, launch date, and promo schedule will compete against everything else being shared.
Your audience is consuming lots of content, but very little of it makes a real connection.
Consequently, online market research says that a person needs to see a marketing message several times before taking action.
On top of that, we all have different habits and ways we consume social media.
As an author, don’t underestimate how much promotion is needed to reach 50% of your following.
To get a better idea of how much promotion it’ll take, look at your current engagement ratio.
Listen, some people follow me on social media that don’t even know I’ve written a book.
And it’s two years old.
I know this because every time I post about it, I get congratulatory comments like the book is brand new.
LOL, and usually, I’ll notice a spike in sales that day too.
As you think about how to market your book’s pre-launch, here’s an excellent strategy to consider.
Identify Influencers To Help Push More Sales
Who are the media influencers in your industry, public relations professionals, and local librarians?
What book organizations, conferences, book fairs, and media professionals can you reach out to?
Now create a plan to educate as many of them as early as possible about your book.
These will be the people to help spread the word and promote your book at scale.
Build Relationships With Journalists And Conference Coordinators
From my early career days of working within public relations and the media, I learned that journalists, media contributors, and conference coordinators work diligently to book out content and programming months in advance.
You certainly want to give journalists and conference coordinators a heads up about you, your book, and the launch date early.
Think about it, likely you or someone on your team will be approaching them for the first time. So give yourself months to reach out to them, introduce yourself and your book, nurture the relationship, and follow up.
Your tribe wants to know a lot about you, and you have to be a bit vulnerable at times and share your authentic story.
The more you share your journey, ideas, insight, and behind-the-scenes of your life with them, the more relatable you’ll be to them.
Your online community and audience are online seeking solutions to problems they have.
They’re looking for new insight and information.
They are seeking different ways and knowledge to help them live their best lives!
Similar to real-life relationships with your girls, you should aim to attract Internet friends that value you.
An online community of people that appreciate your distinct style, voice, value, and expertise will become your tribe.
And remember, your goal is to attract and online community that is very niche but also diverse.
That’s important, hear me here. There will be some people who will join your tribe, consume your content, and you’ll be able to convert those online friends into customers.
Others will become personal brand supporters, brand ambassadors, and collaborators: All like-minded. So you need both, the audience that will buy your stuff and those that will support and share your stuff.
And yes, some will be both, and those are my faves!
Get In Formation
Cause who needs Internet friends that aren’t information?!
You’re the leader of the tribe and though-leader of your community.
It’s your job to invite, entertain, and host the people who show up at your Internet party.
Make them feel warm inside about showing up for you, and get them excited to support and hear from you.
They won’t see the world exactly like you, but they should undoubtedly have similar values, goals, and aspirations.
And like real friendships take work, so do online ones.
I know, I too struggle to see my friends in real life, but I make it happen.
No getting around it, building a community of anything is about the relationship.
A healthy, balanced, respectable give and take exchange.
Real relationships are NOT created with aggressive online selling.
Relationships are formed and strengthened by genuine listening and authentic two-way communication,
Once you’re clear on how you want show up, use that message to build trusted relationships with your audience.
Put your blog, social media and video to work getting your unique perspective, story and the value your offer shared to the masses.
The things that make you different are the very things that’ll build resonance and connection with your audience.
After working in my marketing practice for nine years, I learned first hand that men are more eager to share their perspectives and have their voices heard and supported.
As women entrepreneurs, we can change this dynamic and embrace the economic and storytelling power of branding.
We’re in the heart of the digital era; it’s easier than ever to brand yourself and build an online audience.
1821 new businesses were started by women every day in 2018, and that’s ‘gangster’!
More than ever, It’s incredibly empowering for women to have access to diverse stories from the female perspective.
Women have traditionally bought into this idea that their excellent work speaks for itself, according to research.
The truth is, in the world of getting visibility, work itself doesn’t communicate.
Every day rockstar women with incredible work ethic, accomplishments, and greater potential get drowned out by their male counterparts and more vocal personal brands.
Some women view success and likeability as opposing traits, but men don’t, research says.
What I admire most about women is our natural ability to connect with people.
As super connectors, we’re genius at building teams and forming community bonds.
So why do we cling to this idea that ‘networking’ and educating people about who we are and what we do is selfish?
“I work really hard at trying to see the big picture and not getting stuck in ego. I believe we’re all put on this planet for a purpose, and we all have a different purpose… When you connect with that love and that compassion, that’s when everything unfolds.” – Ellen DeGeneres
Just Do It: Brand Yourself
When you’re ready to step out and brand yourself, it’s normal to feel a bit overwhelmed in the beginning, but avoid that.
Push back on the negative ideas that come into play and lean on your confidence.
Remeber confidence is like a muscle and the more you get into the action of doing something, the more confidence muscle you’ll build.
If you’re truly serious about starting your new business in 2019, make a hard commitment to yourself because the year is winding down.
The only thing more powerful than a big dream is a big dream with an action plan fueled by unwavering belief.
Are you sure you really want to take the entrepreneur plunge?
I’m here to promise you, you can do it!
And the type of impact and income you’re envisioning for your life will take some work but it’s never been more achievable with online marketing and social media.
Yes, you can build a business to leverage your know-how and slay through your entrepreneurship goals.
Just Do It
It’s not difficult to get started.
You just need your own platform and systems that give you the framework to confidently message to the world who you are, that unique thing that you do and who you do it for.
I’m referring to an online home that embodies your dopest, most authentic self, and exhibits your special gift, craft or passion; a digital platform that provides you a place to build a community and engage with people in your exact market.
Does that excite you cause I have butterflies for you?
And yes, in return for having the courage to share your gift and talents as valuable services or products to your peeps.
If built and marketed right, your business will reward you with the gift of financial freedom.
No secret, finding freedom is precisely what launching and building your business could mean for you and your family’s future.
But, you have some hesitation and fear is trying you.
Truth is, fear will rear its ugly head every chance it can only to overpromise and under deliver (uhhhh….don’t you strongly dislike those types).
Ohh, but I get it, I’ve been there.
Learn From Me
I procrastinated in taking my business online because I lacked clarity.
Like you, I knew my business had to offer something different in an already saturated online marketplace.
That lack of clarity gave me an obsession with way too much research and development.
Another truth is, a girl could never know too much about launching an online business, becoming a Digital CEO, and making a significant income and impact in her life.