Selecting the best niche for affiliate marketing is critical to your online business success. If you choose a niche that is not profitable, you will quickly become frustrated and give up. On the other hand, if you select a niche that’s too competitive, you may find it challenging to get ahead.
So how do you find the best niche for affiliate marketing?
- First, you’ll want to select a profitable niche with a lot of growth potential.
- You’ll also need to consider the competition in this niche.
- You will need to evaluate whether or not you have the skills to compete.
- Finally, you’ll need to make sure the niche interests you so you will stay motivated.
These are some of the steps you’ll take to select the right niche for your business. It’s critical to choose the right topic so you’ll stay motivated throughout the long and difficult process of building a successful affiliate marketing business.
Steps For Finding the Best Niche
There is a process for finding the best niche for your business. You being with a wide net and then narrow down your ideas to find the perfect fit. Want to find the right niche for your website or online business? Try these steps.
Brainstorm Niche Ideas
The first step in finding the best niche for affiliate marketing is to brainstorm a list of potential niches.
To do this, make a list of things that you are passionate about or have an interest in. Look at your current life and ask some questions:
- Do you have a hobby you love like hiking?
- Is your career something you want to talk about?
- What excites you every day?
Check Potential Profits
Once you have your list, research each niche to see if it is profitable and has potential for growth.
You can do this by searching for the niche on Google and looking at the results. If there are a lot of results, that means there is a lot of competition but there is also a good amount of profitability.
You can evaluate whether a niche makes money or not in a few ways:
- the perceived profit of competition
- checking competitor website traffic in SEO tools
- look at the monetization strategies of competitors (product price, ad networks, etc)
Check Market Size
The next thing you need to do is check the size of your potential market. How many people are really interested in this niche?
You don’t want to build a business no one is interested in. If there are few existing competitors that might mean the niche is a dud…. or it might mean there is an opportunity for you to get in on the ground floor and make a name for yourself.
To get an idea of the potential size of the market, look at the Annual Growth Rate (CAGR) of each niche. This will give you an idea of how fast the niche is growing and whether or not it has the potential to be profitable.
Evaluating Your Interests & Skills
The final step is seeing if the niche matches up with your interests and skillsets.
To succeed in any business, you need the right skills and experience. This is especially true when it comes to affiliate marketing. To be successful in this industry, you need to have good sales skills and know how to drive traffic to your website.
If you are going to go into a video dominant niche then you will need to be ok with making YouTube videos and learning editing. If you are building a business in a niche that is website dominant then you’ll need skills like blogging or creating graphics in Canva.
Finally, make sure that this niche interests you. If you are not interested in the topic, staying motivated throughout the long and difficult process of building a successful affiliate marketing business will be tough.
Research Your Competition
Once you have selected a few potential niches, it’s time to research the competition. This will give you a better idea of whether or not you have the skills to compete in this niche.
To research your competition, start with a Google search for your niche keyword. For example, if you’re considering starting an affiliate marketing business in the weight loss niche, you would search for “weight loss.”
Look at the first few results that come up. These are likely your biggest competitors.
Next, take a look at their websites and see what they’re doing well and where they could improve. Also, take note of their traffic numbers.
You can evaluate competitors in tools like:
If you find that your competition is too strong, you may want to consider another niche. However, if you feel confident that you can compete, then this is a good sign. It means that there is money to be made in this niche.
The Most Profitable Affiliate Marketing Niches in 2022
Not sure where to start based on your own life? That’s ok, there are tons of niches to choose from. Here are some of the best niches for affiliate marketing in 2022:
1. Home Security
The home security niche is expected to grow this year and in years to come. This is due to the increasing number of people who are looking for ways to protect their homes from burglaries, fires, and other disasters.
As an affiliate marketer in this niche, you can promote products like home security systems, smoke detectors, and security cameras.
2. Online Education
The online education industry is expected to grow significantly in the next few years. This is due to the increasing number of people who are looking for ways to learn new skills from the comfort of their homes.
As an affiliate marketer in this niche, you can promote products like online courses, e-books, and software that help people learn new skills.
3. Online Dating
The online dating industry is expected to grow in the next few years as more and more people are using dating apps to find potential partners.
As an affiliate marketer in this niche, you can promote products like dating apps, websites, and books that help people find love.
4. Health and Fitness
The health and fitness industry is expected to continue to grow in the next few years as more people look for ways to improve their health.
As an affiliate marketer in this niche, you can promote products like fitness equipment, workout programs, and healthy food.
5. Social Media
In the coming years, the social media sector is anticipated to expand as more and more individuals use social media to communicate with friends and family.
You can promote products like social media marketing courses, books, and software as an affiliate marketer in this niche.
6. Personal Finance
The personal finance niche is anticipated to expand over the coming years as more and more consumers look for ways to cut costs.
As an affiliate marketer in this niche, you can promote products like
- financial planning courses
- budgeting software
- investment books
- free financial tools
- credit cards
Check out the best personal financial niche affiliate programs for ways to use affiliate marketing in this niche.
Personal finance can be hard to compete in due to large amounts of competition and regulations, but it is a high paying niche if you can find a gap.
The technology industry is expected to grow in the next few years as more and more people are using technology to improve their lives.
As an affiliate marketer in this niche, you can promote both products and software.
There are many things to promote as an affiliate:
- laptops & tablets
- software tools
- productivity software
The travel industry is expected to grow in the next few years as more and more people are looking for ways to explore the world.
As an affiliate marketer in this niche, you can promote products like travel guides, maps, and software that help people plan their trips.
9. Beauty and Fashion
The beauty and fashion industry is expected to grow in the next few years as more people look for ways to improve their appearance.
You can promote products like:
This is also a great niche where you can get free products to review as an affiliate.
10. Business and Entrepreneurship
As more and more people explore ways to launch their own firms, the business and entrepreneurship niche is anticipated to expand over the coming years.
As an affiliate marketer in this niche, you can promote products like business plans, marketing books, and software that help people start their own businesses.
11. Home Improvement
As more people explore methods to improve their homes, the home renovation business is anticipated to expand over the coming years.
You can promote products like home decor, furniture, and appliances as an affiliate marketer in this niche.
This niche does very well with video content. You can grow a large DIY following on TikTok or YouTube and then promote the products you use in videos as an affiliate.
The pet industry is expected to grow as more people adopt pets in the next few years. People are incredibly passionate about their pets and willing to spend money on their fur-babies which makes this an excellent niche.
You can promote products like pet food, toys, and accessories as an affiliate marketer in this niche.
I highly recommend you only choose a pet you are familiar with and have or have had before. Providing accurate and tailored information in the pet niche is key to success.
Choosing Your Niche
These are just a few examples of profitable niches for affiliate marketing. You can always choose a profitable niche for ads as well and simply combine your affiliate marketing strategy with other money making methods.
If you can find a niche that you’re passionate about, you’ll be more likely to succeed. Remember that you’ll need to make content or at least review it for years to come.
Best Affiliate Programs to Join
There are many great affiliate programs to choose from when considering growing your affiliate income.
Here are a few of the best affiliate programs for beginners:
Amazon Associates is one of the most popular affiliate programs, and it’s a great place to start if you’re new to affiliate marketing. The program is easy to join, and you can start promoting products immediately.
Impact Radius focuses on affiliate marketing but they are truly more than that with many different offerings for brands and publishers. Many large companies in all industries use Impact to find affiliate partners.
FlexOffers gives you a number of programs to choose from as an affiliate. There are many different programs in the financial niche and over 12,000 different advertisers.
They also offer referrals so you can sign up people to join FlexOffers and get a share of their revenue.
This network is especially great for beginners because it offers many training resources. The user experience on their website is outdated but they provide lots of support.
Clickbank is an online marketplace that sells digital products, and it’s a great place to find products to promote in the health, fitness, and technology niches.
It also has the most digital product offerings if that’s what you want to promote.
CJ is an affiliate network that connects advertisers and publishers. You can find a wide variety of programs to promote on this network with big brands like Office Depot, TurboTax, Barnes & Noble and more.
Rakuten Advertising is an affiliate network that offers a wide variety of programs and provides many training resources to help you get started.
Choosing An Affiliate Network
These are just a few of the best affiliate networks for beginners. There are many other great programs out there, so be sure to do your research before joining any program.
To find niche specific programs, use Google to search “niche” + affiliate program.
When you’re looking for an affiliate program to join, it’s important to consider several things:
- the commission structure
- quality of the products
- the company’s reputation
- payout schedule and terms
- good fit for your niche
Joining an affiliate program is just the first step in successful affiliate marketing. You’ll need to put in a lot of effort and commitment in order to succeed. However, you may create a successful business in any industry if you’re prepared to put in the time and work.
Picking the right niche is critical to the success of your affiliate marketing business.
Be sure to select a profitable niche with potential for growth. You’ll also need to consider the competition in this niche and whether or not you have the skills to compete.
Finally, make sure that this niche interests you so that you can stay motivated throughout the long and difficult process of building a successful affiliate marketing business.
Mary is the founder of Pennies Not Perfection where she shares her journey to build wealth through online income. She quit her day job in 2021 after she paid off her debt and doubled her 9-5 salary.
Mary's favorite free financial tool is Personal Capital. She uses their free tools to track net worth and work toward to financial freedom.