Profitable Niches with Low Competition
It is becoming increasingly difficult to find profitable niches that are low-competition. Let’s explore your options.
You can’t succeed in affiliate marketing without a product that is popular.
Profit and competition are two of the most important factors in choosing a niche.
To minimize your chances of failure, you should aim for high profit with low competition. Does that sound too difficult? Don’t worry, we’ve got your back.
We’ve put together a list of top 15 profitable niches that have low competition to help you make the right choice.
Let’s get to it!
Eco-Friendly Products
A growing number of campaigns have been launched to raise awareness about the benefits of using environmentally-friendly products.
This is the best time to capitalize on sustainability. Google Trends agrees with us.
This chart shows that eco-friendly products have been gaining momentum.
You also have endless options.
There are many products that you can sell, from stylish canvas bags to recycled plastic rugs to phone cases and phone cases.
Home Office Equipment
Since the pandemic, there’s been an increasing demand for home office equipment.
This is not surprising, as if you work from home, you may want to do it in comfort.
Google Trends also shows the sudden rise in demand for this keyword.
The popularity of home office equipment started to rise in the first half 2020.
That’s when COVID-19 put the world in lockdown.
But the thing is, recent studies also indicate that the productivity level of the employees grew by 47%
Even if the pandemic is over, remote work policies may not disappear completely.
It’s a good idea to test your luck in this niche while there is still plenty of competition.
LED
It’s hard to imagine a better way than reading books with a warm LED light. As unusual as it sounds, LED lamps are also becoming a very lucrative niche.
The best thing about these LEDs is their insatiable fashion, according to Google Trends data.
It’s also riskier to sell LED lamps online, so there isn’t much competition.
If you are willing to take the chance, LED products may be right for you.
Pet Products
You may be thinking that there is too much competition in the pet niche. So why is this?
There are many products that fall under this category, so it really depends on what one you’re selling.
You’re likely to have difficulty selling pet food if you try to penetrate the market.
Many people have already started affiliate blogs or eCommerce shops to promote and sell their products.
However, the graph below will show that the demand for pet items is on the rise.
Low-competition products such as mugs with pet photos and unique toys are the best.
Basically, you need to be creative in order to tap into this niche’s revenue-generating potential.
Solar Energy Products
In the U.S alone, 58% of new electricity-generating capacity is in the form of solar energy.
The solar industry is an expanding market. Now is the best time to start your journey.
You can see in the graph that this industry has not seen one dull moment over the past 5 years.
Solar systems are becoming more popular for their ability to save money on electricity bills. They don’t produce any greenhouse gases or air pollution.
It’s not surprising that a sales position in this industry can earn you more than 100,000 annually, given the demand.
This niche is safe, no matter if you want to open an eCommerce shop or start an affiliate website.
Bluetooth Gadgets
The life of Bluetooth users is undoubtedly easier.
As you can see, Bluetooth devices have been in high demand over the years.
It is possible to sell gadgets like Bluetooth earphones and wearable devices such as smartwatches.
If you think the market is saturated, reconsider.
While it is true that there are many Bluetooth earphones available on shelves, what they often lack in quality is their design.
If you are able to make your mark in the market, all the profits will be yours.
Bathroom Accessories
Bathrooms are not the most important home improvement item.
We believe they deserve just as much attention, if not more.
Bathroom accessories can be a great way to target a niche market.
If that seems too random, Google Trends indicates that there is a large demand for this niche.
The chart shows that bathroom accessories are in high demand.
Small products, such as soap dispensers and attractive towel racks or showerheads, can be enough to make a significant profit.
Kitchen Accessories
You might consider selling kitchen accessories if you sell bathroom accessories in your store.
The demand for kitchen accessories has never been higher as people avoid eating out at restaurants.
Many people try to improve their cooking skills in order to get some time out of the quarantine.
They’ll need to have all kinds of kitchen accessories.
The increasing demand for kitchen accessories is not surprising. It’s definitely worth exploring.
Accessories/Parts for Cars
The ever-growing market for car parts and accessories is a lucrative one. Its potential is evident by the fact that it is still in high demand even during pandemics.
You can see that the graph has not made any dramatic jumps over the past 5 years and that keyword search volume has only risen in the last five years.
The problem is that not everyone is familiar with cars.
If you want to be a part this niche, then you must not compromise on quality.
Be prepared to receive scathing reviews from angry car enthusiasts.
Home Security
Your home should be a safe place. Those who don’t feel safe in their home can make it safer by installing inexpensive home security systems.
Although you might not hear of this niche everyday, if you look at the trends you will see that it is very stable.
This query has seen an increase in interest over the last 5 years.
You won’t find many suppliers if you search the keyword right away.
Selling home security products such as Wi-Fi cameras and smart monitoring can be very profitable.
Camping Equipment
Sometimes, just being in nature can be all we need to relax our minds.
You need the right camping equipment to make your camping experience unforgettable.
We are aware that camping equipment is less popular due to the pandemic.
If you pay attention, however, you will see that the graph is moving upwards towards the end.
It’s not surprising, as people rush to get on their long-awaited camping trips.
We expect that this niche will be in high demand soon.
You won’t find many shops that sell high-quality camping gear so it is possible to make a profit.
Indoor Sports Equipment
Another niche has seen a surge in popularity because of the pandemic. This niche isn’t likely to change anytime soon, but don’t be discouraged.
It can be difficult to take care of our health when we are so busy with daily life. After a long day at work, not many people have the energy or motivation to go to the gym.
Instead, they can order equipment for their home so that they can get in some exercise.
There are many products you can choose from, including yoga mats, kettlebells, resistance bands, and even an elliptical, if you’re unsure which product to sell.
Maternity clothing
We expect that maternity clothes will also be in high demand, similar to camping gear.
Many people had to delay their weddings because of the pandemic. They are now waiting for the right moment to tie the knot.
People haven’t stopped thinking about it, regardless of what. Google Trends shows that maternity remains a highly searched query.
We are confident that this graph will only continue to climb as soon as the pandemic is over.
This shows that despite the fact that maternity clothing is not very popular, it is definitely worth looking into due to its low competition.
Drone Accessories and Drones
Drones aren’t doing well in terms of search queries. However, this is due to the pandemic.
The graph shows that drones and accessories are a popular topic of interest for people. However, this interest plummeted towards 2020.
Drones are not being searched as often as they used to be, which is why we all know. This is another niche we are confident will grow in popularity once the pandemic ends.
The drone market has a lot to offer and is still untapped.
To make future profits, you could sell drones and accessories such as drone landing pads.
Massage Chairs
This product is more of an artisan niche product, which is slowly increasing in demand.
It makes sense, and it should. It’s only natural for people to want the most comfort in their own homes, given how many have adapted to remote work strategies.
The graph below shows that the demand for massage chairs has been steadily increasing.
It’s an untapped market. You won’t find many sellers selling this product if you search online.
It also has a high profit potential.
Five Steps to Find Profitable Niches with Low Competition
Are you looking to create a niche for yourself? This 5-step process will help you narrow down your options.
Step 1: Explore Niches Using Online Tools
We first looked at the popularity of any niche in this list through Google Trends before recommending it.
It allows you to sort information by date, geographical location and language.
It is undoubtedly one of the most powerful free tools you have to identify profitable niches with little competition. It’s not the only one.
Facebook Audience Intelsight is another great option. Particularly if Facebook is your main platform for marketing.
Step 2: Assess the Profit Potential of the Niche
Once you have identified a niche worth exploring, it is time to assess its potential profit potential.
Dropshipping is a great way to make profit if you are looking to start a store.
This will determine the expected profit margin. Affiliate marketing is an option.
Engaging content would be your goal. You also need to hunt for products in order to keep up with your affiliate program.
Step 3: Research your competitors
This is the most important step in this process. This includes analysing the niche’s “whales”, what makes them stand apart and what is the reason for their success.
You can make your life easier by using tools such as Ahrefs or SEMRush. To find out how much your competitors are willing to invest in marketing, you can check the CPC (cost-per-click).
Search for keywords with low competition in the same niche. If the niche seems too crowded, you might consider dropping it.
Step 4: Develop a strategy to drive traffic
There are many ways to drive traffic once you have chosen the niche. You can start a blog to market the products that you sell.
You also have the option to run ad campaigns. However, this can be quite costly.
No matter what strategy you decide to use, you should have a plan before you move.
Step 5: Distinguish Yourself From the Competition
Unique selling points are key to any business’ success. Even if your target audience is low-competition, you must still grab their attention.
It is best to create a strong brand identity.
Spread the word, whether you offer free shipping or bundle discounts, or even a guarantee for product quality with a money back guarantee.
FAQs on Profitable Niches with Low Competition
How do you know if a niche is profitable?
There are many ways to determine whether a niche is lucrative. The easiest way to determine if a niche is profitable is to search the keywords on large platforms like AliExpress and Amazon.
A list of sellers will be displayed to you, along with the number and quality of reviews. This information can be used to calculate how many people have bought the product.
Dropshipping is where the average price of the product is calculated. Then subtract the wholesale price from that product. This will calculate the profit you can make.
What tools can I use to find profitable niches in low competition?
You can find many different online tools that will help you identify profitable niches with low competition.
Google Trends, for example, can provide data about how frequently a query has been searched and share insights on the region in which it is most popular.
Similar tools, such as Ahrefs, show you how many searches Google has done on your keyword, the difficulty of ranking it, and more.
There are social media apps such as TikTok, which can be used not only to hunt for products but also to market your company.
How do you assess the competition in a niche?
It is easy to determine the level of competition in a niche by looking at how many people sell products related to it online.
You can search the keyword in online directories or on eCommerce platforms.
Last Thoughts
It is a dream for many to find a niche that offers high profits and low competition.
While we are all aware that it is difficult, it is not impossible.
To kickstart your business, you can choose a niche from the list or search for one yourself by following the steps.
No matter what your business is, you will still need reliable suppliers to source the products.