Every potential entrepreneur is looking for the right niche to make a bet on. If you are hoping to find a step-by-step instruction to success, you won’t find it anywhere. What you will see in this article are five excellent ideas to work on. They can turn into a profitable endeavor that could change your life.
These top 5 niches are likely to become a hit in 2019. We polled some financial experts to come up with the most viral list possible.
1. Organic Products
The popularity of organic products is on the rise. If you can make the right step toward developing business in this niche, you are likely to become successful in 2019. Here are a few things to consider when choosing the direction.
If you Google skin care, the organic products will appear on the first page of the search. If you want your company to be there too, consider diving into the niche. Chemical-filled products may be effective, but more and more studies are showing their harm. The natural products are upstaging everything else in the niche. The organic skincare market is expected to reach $22 billion by 2024. Don’t you want to be a part of that statistic?
• Home Cleaning
Chemical-filled cleaning products are also becoming the enemy of the ecology-oriented customers. More and more men and women are thinking about leaving a smaller carbon footprint. Be there to help them. Eco-friendly cleaning services are not as popular as organic skincare just yet so you have an excellent chance of jumping in and making money.
2. Online Business Consultants
Here is a goldmine for anyone with experience. According to CS&P asset protection experts, a big percentage of their clients are online entrepreneurs looking for solid advice in many areas. More than 50 % of small business fail every year and the owners know it. That’s why they are likely to hire consultants, who can help them avoid the unfortunate end.
Starting from SEO marketing and ending with asset protection, you can easily find a highly profitable niche to fall into. However, it only works if you manage to find a team with the right skills.
3. Customization And Handmade
Today, people are looking for something special. Handmade products are becoming extremely popular. However, their manufacturing process is rather time-consuming. Customization is an easier way to make money. You can take any available product on the market and customize it with embroideries, engravings, printing, painting, and the like.
While offering such services you can also sell the products themselves for convenience, thus allowing yourself to make extra profit.
4. Fitness Products
Fitness never goes out of style. For the past decade, it has been becoming more and more popular. Whether you are thinking about e-commerce or brick-and-mortar business, you can choose from weights and treadmills to gyms and fitness programs. Different gadgets, such as fitness bracelets and the like are also highly popular.
Today, many fitness beginners stay at that stage. So it’s up to you to capitalize on their lack of determination. Consider drafting fitness programs for the beginners and selling the right accessories to go with them.
5. Online Learning
Online learning is on the rise. From learning how to make eggnog to getting an MBA, people are looking for ways to do it without leaving the house. If you have expert knowledge on any subject or know where to find people who do, make courses.
The global online education market is expected to reach $282 billion by 2023. Looks like a good niche to take advantage of.
The above niches can bring you formidable profits in 2019. It’s up to you to take the right approach, single out a suitable idea, and stay on course to success.