Yet again I evaluate a hot niche market for you showing you why it's profitable and how you can dominate it.
This time it's a $118 billion addictive niche where the average adult spends $1,000 a year on it.
108 million Americans say they simply cannot function without their daily fix.
The niche in question is....coffee!
Maybe not quite as severe as booze, gambling, pills or coke as in the picture above? 😉
Yep that steaming hot (or perhaps iced if you live somewhere warm!) drink you most likely enjoy every day is a profitable and ADDICTIVE niche.
Addicted people cannot say no and must spend money!
Coffee connoisseurs spend a lot of money on luxury coffees from around the world and equipment like coffee machines, presses and grinders so why don't you be the one to sell it to them?
Let's Look At The Demand...
Over 27,000 people every month are searching for coffee grinders and just under 22,000 for coffee makers.
This is just the tip of this $118 billion iceberg there are thousands of profitable keywords out there.
Reasons To Get Involved In This $118 Billion Niche...
Coffee is addictive. People who are regular drinkers cannot live without their daily fix.
More and more coffee drinkers are looking for a better cup of coffee. Cheap instant coffee doesn't cut it any more.
They want premium brands that are hand roasted and brewed in their kitchen using the finest of machines.
People with this level of dedication to a simple drink are the types to spend a lot of money – around $1k a year in fact.
Niches with addicts and enthusiasts are the ones you want to be involved in as they spend money time and time again without question.
Amazon has 810,754 products available related to coffee and most are pricey coffee machines and presses that you can promote as an affiliate.
Some of the coffee makers cost over $3,000.
There's $700 makers with over 80 reviews.
It's estimated only 1 in 10 to 1 in 100 people leave a review meaning these have sold hundreds or even thousands through Amazon alone not including all the other online retailers and brick and mortar sales.
So this means that coffee is a very profitable niche that you should be pocketing from.
There's over 300 coffee related products on Clickbank with up to 75% commissions which again shows just how profitable this niche can be for you.
3,200,820 people have liked coffee on Facebook – people LOVE coffee and a huge section of these people are willing to spend serious money on it if only someone like YOU will promote it to them.
Google shows over 4 million pages indexed on the subject so you'll easily find content ideas and send traffic.
There's at least 5 dedicated coffee forums with over 180,000 members you can use to network, market and promote your site on.
I think you're beginning to see just how profitable this addictive $118 billion niche is, right?
Who would have known that simple little drink so many of us enjoy every day was such a profitable niche.
How You Can Hack Your Way Into This $118 Billion Niche...
This niche will work well as an authority blog aimed at connoisseurs.
You'll need the following:
- Dedicated hosting such as WP-Engine (my current host)
- Self hosted WordPress install (comes as standard with most hosting)
- Cheap domain from NameCheap (where I bought NicheHacks.com)
- Premium theme from a trusted site like Studiopress or DIYThemes
- Aweber account to run your email list (for growing your list, traffic and sales) – get a $1 trial here.
Alternatively a product review mini-site reviewing a particular coffee machine or price comparison website evaluating the different machines and presses.
Due to the huge number of websites, blogs, forums and social media groups on the subject it's a pretty easy niche to hack your way into and find your audience online.
With the sheer volume of products on Amazon, Clickbank and other retailers ranging from cheap to super expensive there's a lot of products for you to promote and make commissions from.
The repeat sales opportunities are endless as people always want to upgrade or need refills and new filters.
Finding your target audience is simple due to the huge presence online.
Drive traffic from other blogs, forums and social media groups back to your site.
Use popular content on other blogs as inspiration for your own and find common question on the coffee related forums and offer solutions through your content and products offers.
Build up your email list so you can continually drive traffic back to your site and promote products whilst building a relationship.
This addictive $118 billion niche is surprisingly easy to tap into.