Cashing in on the next big thing is a constant pursuit for marketers across all industries. As the internet and technology continue to become more and more integrated within our lives, finding new ways to reach people via marketing strategies is becoming substantially easier. Even if you have all of your bases covered and know exactly how to run successful marketing campaigns, what is profitable and in-demand can shift from year to year. With 2017 rapidly approaching, it may be time to consider what will be the most profitable niches for marketers. We’ll review a few niches that are likely to be among the most profitable in the coming year.
While there has already been massive growth in the niches surrounding e-cigarettes and vaping supplies, 2017 is poised to be an even better year for the niche. The interest in vaping supplies and products has risen so dramatically in recent years that marketing agencies like eventige.com have dedicated marketing strategies in place for clients who want to promote their online vape offerings. With plenty of room for growth in the market this year, now may be a great time to begin building a new marketing effort and website around the booming e-cigarette business. With the industry as a whole now positioned to be a multi-billion dollar endeavor, you can’t afford to sit on the sidelines in 2017.
Survival Gear and Firearms
In the wake of every presidential election, significant segments of the population contemplate how the world will now end. It is not uncommon – especially in the United States – to see an increase in gun sales and survival gear every time a new president is elected. Regardless of the outcome of the presidential election, we are very likely to see a dramatic increase in the number of people searching for survival gear, living off the grid plans, and even firearm sales and accessories. If you can begin positioning yourself for this deluge of e-commerce, then you’ll be able to rake in the cash in 2017 off of the fears (whether rational or not) of millions of disaffected people.
As the economy continues to recover and more people are willing to spend more money, it has never been a better time to move into one of many types of luxury niches. From high-end flowers to jewelry and gambling, there are many luxury niches that will generate more income in 2017 than they did in 2016. Luxury niches tend to be recession-proof – leading many to think that income is stable – but during periods of strong economic growth, these niches can become even more profitable. Cultivating the proper image for a luxury niche takes more dedication than in many other areas; after all, if people are spending large sums of money, then your website, information, reviews and any other elements must be high quality in order to convert them.
Have you been involved with any other niches that have seen phenomenal growth recently? Leave us a comment below and tell us about how such growth has worked out for you.
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