Every week I 'hack' open a hot niche. And this weeks niche is VERY hot.
I'll tell you why it's profitable, what you can do to dominate and how you can get started.
This week's niche is in the green energy sector focusing on solar power.
Green power is BIG business. Not only for enviromentalists but for people who just want to save some money on their over priced utility bills.
One of the big new trends is solar panels.
According to GTM Research they install a solar panel system every 4 minutes in the US compared to every 80 minutes in 2006 – so this is growing fast!
(P.S. If you'd like to download a free list of 1,781 profitable niches click here or the image below)
The solar industry is currently worth over $11.5 billion and growing year on year.
People want cheap and DIY solar projects for their homes and you're going to be the one to give it to them – whilst reaping in the profits of course!
Home owners have them attached to the roofs of the their houses or set up in their yards and can generate their own power and save money and in order to save money they are willing to spend it first.
I mentioned solar panels in an earlier post as being a profitable niche and now I'm going to tell you a bit more about this growing market.
Lets Look At The Demand
Look at the huge search volumes on Google for this niche...
Reasons to get involved in this profitable niche
It's a mix of passionate environmentalists (passionate people spend money!) and people who are fed up of being ripped off by utility companies and are desperate for a solution (desperate people will pay for a solution).
Over 63,000 products available on Amazon and over 20 on Clickbank so lots of products to be sold.
Solar panels cost on average over $200 per panel and most homes need multiple panels.
The average product on Amazon has over 100 reviews which means thousands are sold every week.
Are you beginning to see how profitable the solar panel niche is?
Most products on CB cost over $30 and pay 75% commission so big commission payouts for you.
Google shows there to be over 20 dedicated solar power forums with over 100,000 members, which means a passionate and easy to reach audience.
Technorati lists 650+ blogs on the subject which makes it a popular topic where you can easily find content ideas and network.
On Facebook alone the top 3 pages have over 200,000 likes meaning people LOVE this niche and want to spend money in it.
How You Can Hack Your Way Into This Niche
This is a pretty easy niche to 'hack' into due to the number of forums, blogs and social media groups and the lack of real competition from a smart marketer like yourself.
The best plan of attack is a solar power authority blog following the advice here.
It's easy to find your target audience online and work out what their problems are.
With the sheer volume of products available on Amazon and Clickbank there's a lot to sell to them and we know they buy due to the amount of reviews on the Amazon products.
The high price tags of solar panels and kits make it a profitable niche and the repeat sales opportunities are huge as you can continually sell them more panels, money saving kits and other green energy equipment.