10 Best Digital Marketing Niches For Entrepreneurs In 2023
Are you in search of the best digital marketing niche to start your online business?…
In this report, you will learn:
Section 1.
In this section, you will learn some market insights.
The revenue in the fitness niche is projected to reach US$21,859m in 2022, according to Statista. And the market’s largest segment is wearables, with a projected market volume of US$17,834m in 2022.
It is estimated that there are over 210,000 fitness clubs around the world and around 184 million club members worldwide.
Since health and wellness have become a major trend in modern society, the quantified-self movement creates some demand in the fitness wearables and apps market.
Many mergers and acquisitions are happening, e.g., Adidas acquired Runtastic, and Under Armour has invested in MyFitnessPal. Many players in the fitness tracking marketplace (i.e., Samsung, Fitbit, or Garmin) have shifted their focus to smartwatches and innovative smart clothes yet remain a niche market.
Although the fitness market suffered a drop during the Covid, it recovered slightly, and gyms started to change to home gyms. Making this niche more accessible than ever online, with many online businesses offering video training routines and selling equipment for training at home.
This just proves that markets as strong and evergreen as the fitness niche always reinvent and adapt. It is all about finding a solution to recent problems to create a new opportunity in such a competitive niche.
Section 2.
In this section, I will analyse the current trends in this niche.
Market trends can help you identify how the market is doing. Trends allow you to see the interest in a certain topic over time.
When analyzing trends for a niche, it is vital to study the interest over time- If the interest fluctuates a lot with periods going down to zero, it normally would be a bad sign. However, if the trend stays up and is stable or growing, it could be a good sign. There are other factors to consider as well. More on this later.
To analyze trends in the art niche, I will use the Google Trends tool. When using this tool, there are a few distinctions to take into account:
‘Topics‘ can be great to find out the interest of people in a niche. The idea would be to use ‘topics’ to find niches that worth pursuing. Then, you should use ‘search terms‘ as the first step towards content creation. This will help you understand if it is worth creating content on a given term based on current trends.
For this report, I will analyze the topic ‘Fitness.’ Then, I have set the location worldwide and filtered by the past five years.
There a few things we can observe from the graphic below:
Also, below you can find interest by region. With Europe, the US and New Zealand at the head.
This means that creating an online business in the fitness niche could work. However, to avoid competition in this niche, you should niche down and find sub-niche and micro-niche ideas.
So how do you find profitable sub-niche and micro-niche ideas? With proper niche research.
But we’ll get into that in the following sections. Just bear with me. For now, you can read in this post all the advantages of niche marketing.
Section 3.
Learn how to find a niche step by step.
There are many methods you can use to find out exciting sub-niches ideas. The simplest one might be a combination of Wikipedia with Google Suggest to find ideas. Then you can use Google Trend to validate your plan.
This is how to do it:
Step #1. Head to Wikipedia, and in the search bar, type your niche keyword. For this example you need to refer to ‘Physical Fitness.’
Step #2. Skim the page for sub-niche ideas. On some occasions, like this one, you can already find plenty in the table of contents:
By clicking on the terms with a link, they will take you to even more art niche ideas. So this is an excellent method to brainstorm terms.
Step #3. Head to Google.com and enter some of your niche keywords. Google will instantly suggest some sub-niches for you.
You can even keep niching them down as you type:
This is a very effective and easy trick to find sub-niche and micro-niche ideas.
The last step is to use Google Trends to validate the niche. Following this example, I will check ‘aerobic exercise at home‘
The graphic below shows how this trend is starting to grow after Covid, likely to stay, which seems like a great opportunity.
Also, if you scroll down, you will find a series of related topics and queries. These can be great to find out current trending sub-niches.
If you click on any of the related queries it will take you to the trend graphic.
Lastly, you could also include in the Google Trends search bar a few terms from your Google suggestions or your Wikipedia keywords to get a good picture of interest over time about certain topics.
For this example, I have used aerobic exercise for weight loss, anaerobic exercises, and fitness for mental health.
As you can see, all these trends seems to be growing.
Also, the higher the interest over time, the higher the competence as well. So it is vital to find a sub-niche or micro-niche in the sweet spot between search volume and commercial value—more on this in the next section.
You see that anaerobic exercises have a larger number because it is a much broader topic than any of the other two, which means that the competition will also be higher.
In any case, this a very effective method to find sub-niche and micro-niche ideas in any industry quickly.
Lastly, note that trends that are just starting to grow are the ones with the most potential. It could be a new market blooming, meaning the competition is inexistent or limited. So do no drop ideas only because trends show low numbers. If the trend’s interest is exponentially growing and then it gets stable, it is probably worth pursuing.
Section 4.
In this section, you will learn how competitive is this niche and opportunities.
As in any niche with demand, competition in the high-level art niche can be harsh. Big corporations typically dominate the internet for competitive terms in popular niches. And entrepreneurs like us simply don’t have the resources to compete against them.
That is why sub-niches and micro-niches are much better options- The more you niche down, the smaller the competence. But if you go too niche, you might face another issue: That the market might be too small. The only way to know is by analyzing keywords directly related to your sub-niche or micro-niche ideas.
To perform keyword research, you will need access to an SEO tool. Here you can find how to do it with Keysearch and SE ranking.
Let’s use for this example a trend which is increasing in popularity: ‘Home Gym’
As you can see from the image below, the difficulty to rank for this term is ‘fairly difficult.’ The search volume is massive and the click per cost is $1.21, which is Ok.
If you were to choose the ‘Home Gym’ niche, you’d need to look for topics with little competition to start creating content and grow your domain authority.
With the help of your SEO tool, you can look for related terms and choose keywords without much competition.
In my case, with a quick filter, I came up with a list of 6 keywords with good search volume and easy-medium competition that could make a good beginning.
It took me only five minutes to come up with a list of keywords with low competition and a decent search volume, which suggests that you can probably find many topics with low competition if you invest some time.
With this quick keyword research, I was able to find excellent terms for potential blog posts in the home gym niche. You need to stay away from competitive terms and always look for keywords where you stand a chance to rank.
Resources:
Section 5.
In this section, you will learn different ways to monetize this niche.
There are several ways you can monetize your fitness niche website.
But what works best is to adapt your strategy to the user intent. For instance, if your website is about ‘Home Gym,’ selling products you can use at home for your training or creating video training routines is what could work best.
The idea is to adopt a solution to your audience’s problem in the best format. Also, most of the time, online businesses adopt more than one monetization method.
Some methods you can use to make money with the fitness niche are:
Services are a very common way to monetize fitness niche websites.
For instance, some of the services you can provide are:
Depending on your selected niche, some services might work better than others.
Also, some of the services might be presential, but you could deliver many others online. For instance, you could provide specific fitness training online. You just need a platform like HeySummit with registration and ticketing to do this in no time and efficiently.
You could even create online courses to help a targeted audience by providing valuable training.
Some website examples using these methods are:
Resources:
In the fitness niche, products are also a great way to make money online.
Some products you could create are:
When you present the right product to the right audience, products can be the easiest way to start making money. They also allow you to earn a passive income when you combine them with an evergreen sales funnel.
Some website examples selling fitness products are:
Resources:
Subscriptions and memberships can make a great alternative to monetize your website.
Subscriptions are based on delivering extra value to your readers. This could be access to a premium section, deliver new content only to subscribers, and things like that.
Also, you can get recurring income from memberships. But you need to keep providing value to your readers constantly. This could be by delivering relevant content in the form of a magazine or something valuable to your readers.
You can also provide exclusive access to your videos or podcast to your subscribers. And the best thing is that you simply need a plugin like MemberMouse to create subscriptions and memberships effortlessly.
Some website examples using this method are:
Ads used to be one of the most common ways to monetize websites. However, there are three downsides with them:
Having said so, many businesses use ads as their primary source of income. You could use platforms like Google Adsense, Media.net, VigLink, etc.
In any case, you could place ads just for an extra income rather than the primary source of income.
This is my favorite method to make money online in any niche.
Affiliate marketing might need some time to get traction, but you will earn a passive income when it does.
All you need to do is to sign up to the best affiliate programs in your niche. Then, I suggest you read how to make money with affiliate marketing, and you will be ready to monetize your site with this method.
Some website examples using this method are:
Resources:
Section 6.
In this section, I will provide you with some profitable niche ideas.
After putting into practice what I have explained in this report and researching keywords, I have collected a list of sub-niches and micro-niches in the fitness nice that can do a great online business.
I personally recommend focusing on sub-niches or micro-niches where trends are steady even though the volume is not high since they probably will be the ones with fewer competitors. At the end of the day, if you find good enough keywords, you will be able to monetize more easily.
Lastly, what makes a profitable niche is the commercial value behind the keywords you choose. For instance, if you just choose keywords without commercial value which are more informational, you might struggle to generate an income.
You need a mix of both and a good content creation strategy to succeed.
Micro-niche ideas:
Interest by regions:
Recommended monetization methods:
Micro-niche ideas:
Interest by regions:
Recommended monetization methods:
Micro-niche ideas:
Interest by regions:
Recommended monetization methods:
Micro-niche ideas:
Interest by regions:
Recommended monetization methods:
Micro-niche ideas:
Interest by regions:
Recommended monetization methods:
Other art niches ideas are:
Now it’s your turn!
The fitness market industry is an evergreen niche with plenty of opportunities that is just growing online. So it is now a great moment to create your profitable fitness business.
Going sub-niche or micro-niche, you might have fewer customers, but they will be able to find you between your competitors. This will also help you grow your website authority faster and start making money quicker!
If you have any question leave a comment below.
Don’t forget to share this article!
RELATED CONTENT
Are you in search of the best digital marketing niche to start your online business?…
Are you tired of being stuck in a stagnant industry and feeling limited in your…
Are you on the hunt for the perfect Amazon niche to make money selling products?…
Are you looking for the best Youtube niches to start a profitable channel? Youtube is…