It’s important to choose a business niche that you connect with. These are a couple different ideas to help you get started. There are different ways to monetize your niche. Be aware of the different pros and cons to each niche.
- Accounting
- Advertising
- Affiliate Marketing
- Amazon FBA
- Auctions
- Barbers
- Bartenders
- Blogging
- Bookkeeping
- Cars and Trucks
- Clothing
- Coaching
- Coding
- Construction
- Copy Writing
- Crypto-currency
- Digital Marketing
- Direct Marketing
- Distribution
- Drop-Shipping
- E-Books
- E-Commerce
- Entertainment
- Farming
- Finance
- Food
- Food Trucks
- Insurance
- Live Events
- Livestock
- Land Investing
- Legal
- Manufacturing
- Marketing
- Medium
- Memberships
- Motorcycles
- Online Courses
- Physical Products
- Podcasting
- Real Estate Investing
- Real Estate Sales
- Sales
- Social Media
- Software
- Sports
- Travel
- Website Flipping
- WordPress Apps
- YouTube
These business niches have been split into different categories. These categories can help you think about the different limitations you might experience within a niche. If you are creative, you can stretch these limitations to make you more money.
Table of Contents
Publishing: The Most Versatile Business Model
Publishing is one of the most versatile business models. As long as you keep creating content, you can create a following of people. There is potential to monetize this traffic.
Blogging
Blogging is the best publishing model. It gives you ownership to your website. It’s been available for a long time and there are multiple ways to build income through this method
Choose a niche you love and start writing. If you are able to build traffic, it can be a free way to get leads and generate ad revenue.
Read: Blogging as a Side Hustle
How to Make Money By Blogging
- Ad Revenue
- Email Marketing
- Physical Products
- Digital Products
- Services
- Consulting
- Drop-Shipping
- Online Courses
Ebooks
Ebooks have become increasingly popular. It can be one of the things you sell on your Blog of YouTube Channel. It’s a great way to use it as a lead generation tool.
You can publish Ebooks on Kindle. Amazon will pay you when people purchase your book. It can be a way to generate leads for your business and get book revenue.
How to Make Money with Ebooks
- Amazon Kindle
- Amazon Kindle Unlimited
- Amazon Audiobooks
- Sell on your Blog or YouTube
- Use as a lead generation tool
Social Media
There are a lot of different social media platforms. At this time, Facebook, TikTok, Instagram, and Snapchat have a lot of market share. Creative platforms allow the possibility for you to become an influencer. This gives you a lot of leverage. The goal is ultimately create some kind of following of people that trust you.
How to Make Money with Social Media
- Become an Influencer
- Affiliate Marketing
- Sponsorships
- Selling your Own Products and Services
Medium
Medium is a type of blogging platform. People pay money every month to read articles. You generally want to focus on quality over quantity.
How to Make Money with Medium
- Get Curated by Medium
- Partnership Program
- Write a lot of articles
- Link to Your Blog
- Get Emails
Podcasting
Podcasting is a growing industry. It’s like the new radio. More people are tuning into podcasting when they go for rides.
Generally, entertainment, sports, and knowledge are the biggest categories that do the best.
How to Make Money with Podcasting
- Ad Revenue
- Potential Leads
- Sell Products and Services
YouTube
YouTube is one of the most versatile platforms. It’s become very popular. It’s a good way to get searched and recommended on their platform.
How to Make Money with YouTube
- Ad Revenue
- Influencer – Sponsorships
- Branding
- Sell Physical Products
- Online Courses
Online Businesses: Freedom to be Anywhere
One of the best things you can build is an online business. It gives you the freedom to be anywhere in the world. You aren’t trapped to a specific place.
Advertising
Advertising is a great way to build up a clientele. You can offer advertising services that help your clients generate more business.
How to Make Money with Advertising
- SEO
- Paid Traffic Sources
- Outsource your advertising
- Create software that helps Businesses with their advertising
Affiliate Marketing
Affiliate Marketing is a great way to make money. You can build up an audience and sell other people’ products and services for a commission.
How to Make Money with Affiliate Marketing
- Clickbank
- Awin
- ShareASale
- CJ Affiliate
- Rakuten Marketing (Link Share)
- Avangate Affilate Network
- FlexOffers
- Peerfly
- Amazon Associates
- Walmart Affiliates
- eBay Partner Network
- Go directly to the company
There are different ways to get connected with companies. You can go through a network or go directly to a company. This can be a physical product, a digital product, or a service. The important is being able to get the traffic for your affiliate links.
Amazon FBA
Amazon has become a big powerful company because of their services. One of their platforms is the Amazon FBA. It allows for private individuals to send their products over to Amazon and for Amazon to ship them over to clients.
How to Make Money with Amazon FBA
- Choose a niche and product.
- Manufacture the product or find a manufacturer.
- Send product over to Amazon to sell.
- Make sure all the documentation is done.
- Promote and create a great info page for your product.
It’s important to find a great niche and product. Be able to promote it and make your money.
Coaching
Coaching is a growing industry especially in the informational age. Technology has given us access to do coaching remotely.
How to Make Money with Coaching
- Retainer Model
- Live Events
- Online Courses
- Group Coaching
- Consulting
Read: How to Start a Consulting Business
Copy Writing
Copy Writing is a great service to provide businesses. You can offer ad copy, publications, and news announcements to people. Essentially, you write for businesses.
How to Make Money with Copy Writing
- Ad copy
- Focus on a specific niche
- Publications
- New pieces
Crypto-Currency
Crypto-Currency is a growing industry. It has boom and bust potential. A lot of people think it’s the next industry that will make a big impact on society.
How to Make Money with Crypto-Currency
- Stocks
- Buy and Hold
- Courses
- Mining for Crypto Currency
Digital Marketing
Digital Marketing has become increasingly more important for businesses. It’s important to understand the different terms and how you can offer services to make money.
How to Make Money with Digital Marketing
- Affiliate Marketing
- Content Marketing
- Email Marketing
- Instant Message Marketing
- SEO
- Search Engine Marketing (SEM)
- Social Media Marketing (SMM)
- Pay-Per-Click (PPC)
Direct Marketing
Direct Marketing is marketing that allows you to track the results. This can be online or it can be print.
How to Make Money with Direct Marketing
- Mailing Services
- Postcards
- Telemarketing
- Infomercials
- Email Marketing
Drop-Shipping
Drop-Shipping is a way to sell other people’s physical products. Some of the major benefits is that you don’t have to pay for the inventory beforehand.
How to Make Money with Drop-Shipping
- Find a product from a manufacturer
- Create a landing page
- Advertise the product
E-Commerce
E-Commerce is a huge industry. If you have some product or service for sale, you can sell it online.
How to Make Money with E-Commerce
- Have a product or service ready to sell.
- Create an e-commerce website.
- Advertise your product or services.
Entertainment
People like to be entertained. The predominate way to make money in entertainment is to look at getting ad revenue. If you are working specifically in the industry, you can find sub-niches.
How to Make Money with Entertainment
- Sports
- Celebrities
- Movies and Tv Shows
- Funny Videos
- Pranks
Land Business
The land business is one of my favorite niches. It’s a sub-niche within Real Estate, but for most people it’s foreign.
Read: How to Make $15,000 in 2 Hours With Land Investing
Read: Land Investing: Land Flipping 101
Read: Ultimate Guide to Land Investing
How to Make Money with Land Business
- Send out offers for pieces of land.
- Buy the land for super cheap.
- Sell the land for cash or for owner financing.
Marketing
Marketing is a big industry. There are different forms of marketing that you can be a part of. There is direct marketing and indirect marketing. Each has different pros and cons to it.
Read: Direct vs Indirect Marketing: What is Better for You?
How to Make Money with Marketing
- Give Advertising Services
- Consulting
- Software
- Online Course
Memberships
Memberships are a great way to create recurring fees. It can also be a good way to build a following and potentially make sales.
How to Make Money with Memberships
- Facebook Groups
- WordPress Groups/ Memberships
- Teach a Course
- Give accountability to your members
- Offer goalsetting and other services
Online Courses
Online Courses are a good way to teach people. There are different platforms that you can use to sell your online course.
Read: How to Develop an Online Course
How to Make Money with Online Courses
- Choose a platform to host your Online Course
- Create your course with videos, text, and quizzes
- Sell Your Course
- Offer other products and services along with your course
Software
Software is one of the best business models. It’s considered more valuable than other products. It only has a one time expense, and you can charge it over and over again.
How to Make Money with Software
- Develop your software
- Sell your software using affiliates, SEO, and paid traffic
- Look at bundling your software with courses and services.
Website Flipping
Website Flipping is a sub-niche market. People used to flip domains. Now, they are building up some of the websites and then selling them to someone else.
How to Make Money with Website Flipping
- Buy a website with potential.
- Make the website perform better with more content, ad revenue, and design.
- Re-sell the website for a larger profit.
WordPress Apps
WordPress is a free platform with an internal market. People look at producing and selling plugins and themes. If you have a good idea, you can look at selling these digital products.
How to Make Money with WordPress Apps
- Find a WordPress developer.
- Develop a plugin or a theme.
- Advertise your plugin or theme to prospective buyers.
Local Businesses: Region Specialty
Local businesses are great for people that want to stay in a particular area. A lot of people initially think along these terms. It’s possible to make every one of these niches into an online business as well.
Accounting
Accounting services are needed for every business. They need help with filing their taxes, and getting tax related help to make their business more profitable.
How to Make Money with Accounting
- Get clients locally for tax purposes.
- You can go to an already established accounting firm.
- You can also offer accounting services to a specific niche. This may allow you to expand into other markets.
Auctions
Auctions happen locally. You can focus on a specific sub-niche. Livestock, real estate, antiques, and other products are common forms of auctions.
How to Make Money with Auctions
- Sell your products at an auction.
- Host the auction.
- Create the platform for auctions either locally or online.
Barbers
Barbers are generally considered local establishments. People want a fresh haircut. Barbers have opportunity for creative designs.
How to Make Money with Barbers
- Create a school for barbers.
- Have a local establishment to do haircuts.
- Publishing: Show cool examples of your barber techniques. Get ad revenue for sharing your tutorials and examples.
- Physical Products: Sell clips, scissors, gels, and other products.
Bartenders
Bartenders create drinks. It takes practice and creativity to create different cocktails. People want to be able to create their own drinks.
How to Make Money with Bartenders
- Work at a local establishment.
- Weddings and other events.
- Publishing: Create tutorials and tricks.
- Online Course: Develop an online course for people to learn how to make their own drinks.
Read: How to develop an Online Course
Bookkeeping
Bookkeeping is similar to accounting. People want to be able to track their revenue, expenses, and organize their finances. It’s important to be able to track these aspects for tax purposes and the overall health of a business.
How to Make Money with Bookkeeping
- Create a local establishment.
- Offer tax services with bookkeeping.
- Create a niche for bookkeeping purposes.
Cars and Trucks
Cars and trucks are a big industry. You can be involved with a dealerships or look at restorations.
How to Make Money with Cars and Trucks
- Get involved with a dealership.
- Flip cars and trucks.
- Look into the restoration business.
- Focus on a specific brand, product, or service.
Clothing
Clothing is a huge business. You can focus on a specific type of apparel. It should have a certain mood. You’ll need to think about manufacturing the clothing, branding, and advertising.
Read: How a Teacher Created a Clothing Line and Quit her Job
How to Make Money with Clothing
- Focus on a sub-niche: a specific type of apparel or genre of clothing.
- Find a manufacturer.
- Brand your clothing.
- Advertise and sell your clothing.
Construction
Construction is a huge local business. It’s important for the construction industry to consistently find leads. Find good sub-contractors and have a sustainable business.
How to Make Money with Construction
- Manufacture construction material.
- Offer advertising services to construction companies
Distribution
Distribution is the process of buying product usually for wholesale. They will usually warehouses them, and then sells them to retailers.
How to Make Money with Distribution
- Find retailers that you want to work with.
- Find wholesalers and suppliers.
- Buy product and offer it for sale to retailers.
Farming
You can buy a farm and sell the produce. There are different niches within this topic. You can focus on a specific produce, the process, and different styles.
Sub-niches within Farming
- Urban Farming
- Fruit Trees
- Organic Farming
- Mass Production
How to Make Money with Farming
- Offer a membership.
- Online Course
- Coaching on how to create a farm
- Farmer’s Market
- Publishing with Blogs and YouTube
- Produce farming equipment
Finance
Finance is a big topic. You can talk about budgets, stocks, bonds, the economy and more. There are multiple avenues to make money within this niche.
How to Make Money with Finance
- Offer financial services
- Publishing: Give information on blogs, YouTube, and podcasts.
- Affiliate Marketing: Offer different financial products.
- Book
- Course
- Focus on a specific sub-niche like retirement or budgeting
Food
Food is one of the most versatile niches. You can create recipes, do competitions, and look at doing traveling in combination with checking out restaurants.
How to Make Money with Food
- Publishing on YouTube
- Publishing with Blogs
- Publishing with Podcasts
- Create a Book: This can be recipes.
- Create a Course: Create a Course for a specific genre of food
- Create a Membership
- Service: Start a food catering business
Food Trucks
Food Trucks are a fun way to start a business. Instead of starting with a restaurant, you can start with food truck to save money and slowly build up your brand.
How to Make Money with Food Trucks
- Membership: Create a group of food truck or aspiring food truckers
- Publishing on YouTube: Show your journey as you build up your food trucking business
Live Events
Live Event can be a lot of fun. They are a good way to add value and build up your following.
How to Make Money with Live Events
- Invite guests to your live event.
- Competitions
- Offer a live event for a course
Livestock
Livestock is a lifestyle. Your animals require care. It’s important that they have the right food, land, shelter, and care.
How to Make Money with Livestock
- Provide services to help owners with livestock
- Publishing on YouTube: Record taking care of livestock.
- Publishing on A Blog: Write about your experiences and different tutorials.
- Create a course on a specific live stock. It can go over different topics related to your livestock.
- Sell your livestock to other people on different listing websites.
Insurance
Insurance is a huge market. It’s highly competitive. There are different companies that you can become a part of as an insurance agent. If you are familiar with the process, you can help navigate people through the process.
How to Make Money with Insurance
- You can always sell insurance.
- Publish information about insurance on a blog or on YouTube.
- Provide advertising services to insurance agents.
Legal
Legal fees can be expensive. There is a lot of information that people need advise from a lawyer. If you are able to give this advice or provide a service that connects lawyers and potential clients, you can make money.
How to Make Money with Legal
- Give legal advice: Become a lawyer
- Offer Advertising services: Connect potential clients with lawyers
- Provide software that helps lawyers with their work or connect clients to them.
Manufacturing
Manufacturing has decreased in strength overtime because of competition from overseas. Still, there are different manufacturing companies that make things domestically.
How to Make Money with Manufacturing
- Become a distributor: Work with manufacturing companies and sell their products to retailers.
- Create your own manufacturing company.
- Connect with manufacturers overseas and brand their products. You can use e-commerce solutions to make money.
- Publishing: You can document the process on YouTube or on Blogs.
- Create an Online Course: There are people that want to build their own products and make money. Help people understand the manufacturing industry.
Motorcycles
Motorcycles are a cool niche. There are people all over the world that ride them. There are events where thousands of motorcyclist come and have a good time.
How to Make Money with Motorcycles
- Flip motorcycles: Fix up motorcycles and sell them.
- Publishing: You can document the process of flipping motorcycles on YouTube and on Blogging.
- Create motorcycle parts or brand them from manufacturing companies.
Physical Products
Physical products are always going to be around. Some of the biggest retailers focus on physical products.
How to Make Money with Physical Products
- Get into manufacturing.
- Brand your own products from overseas and sell them.
- Start an e-commerce store.
- Use YouTube, blogs, and podcasts to sell your physical products.
Real Estate Investing
Real Estate Investing is one of my personal favorite niches. You are able to do so much with real estate. You can flip houses, get into owner financing, rentals, and so much more.
In general, it’s a local market game. There are ways to make it long distance by having a team of people.
One of my favorite ways of building a business is being involved with the land business. You are able to have less competition and be totally long distance (benefit you can do it on your bed).
I personally make passive income with land investing, and get chunks of cash when someone is willing to just pay cash for it.
Read: How to make $15,000 in 2 Hours with Land Investing
How to Make Money with Real Estate Investing
- Land Investing
- Creative Financing
- Flipping Houses
- Rehabbing Houses
- Lending for Deals
- Rentals
- Airbnb
Read: 39 Real Estate Related Niches You Can Build a Business Around
Real Estate Sales
Real Estate Sales is a huge industry. People are constantly buying and selling homes. There is a coaching, books, advertising services, and all sorts of services that help real estate agents.
How to Make Money with Real Estate Sales
- Real Estate Agent: Help a client buy or sell a home and get paid thousands of dollars for this service.
- Mortgage Broker: Recruit real estate agents and help them with their deal.
- Home Inspectors: Every home needs an inspection.
- Appraiser: Banks want to know the value of the house.
- Coaching: Provide coaching, books, trainings, courses, and events that help real estate agents.
- Provide a service: photography, advertising, signs, videos, admin help, and more.
Sports
Sports is a fun and booming industry. There is so much money between players, staff, tickets, and media. As a sport becomes increasingly popular advertising becomes a larger portion of revenue.
You can make money in sports without having to become an athlete. One of the most popular ways to make money with sports is to talk about sport teams.
How to Make Money with Sports
- YouTube: Talk about free agents, contracts, strategy, rivalries, players, and teams. Look at getting ad revenue.
- Podcasts: You can talk about a specific sport or team. Get ad revenue for getting listeners to your podcast.
- Blogging: Give engaging information about a particular sport or team. Get ad revenue for getting readers to your blog.
- Brand your own equipment and sell.
Travel
Traveling is a growing niche. People want to see other cultures and the different cuisine.
How to Make Money with Travel
- YouTube: Create a travel show.
- Podcasts: Give people tips about traveling and different experiences.
- Blogging: Choose a specific country or sub-niche. You can do food, non-profits, and more.
Frequently Asked Questions:
What is the best way to make money?
Most people gain wealth from real estate or their own business. I would suggest working on these things to generate wealth.
Is it better to to focus on Real Estate or Business?
Do both. Buy real estate and start doing some kind of publishing. You can always leverage it for ad revenue and selling other products.
What niche should I focus on?
Take the Niche Quiz. It will give you a better idea on what you should focus on.
