Hello, everyone.
So with the new year upon us,
it is time to take an updated look at which niches,
or as some people pronounce it niches
are currently earning the most money
and also which niches have some of the highest profit
despite having some of the lowest competition as well.
Plus I'm also going to discuss in this blog,
hot products in these different top niches
that you could've been making and selling today.
My hope is that by seeing these products,
they will inspire you to come up with your own ideas
for ways that you can start making money
by creating and selling products
in these top-selling, high-profit niches.
So then, the first niche is this, the eco-friendly niche.
Yep, this niche was huge this past year
and the trend looks fit to continue
into the next year as well,
as you can see on Google Trends.
This niche, it is not slowing down.
More and more people care about how their products are made
and how the products they buy impact the environment.
And yes, I do understand that it is usually more expensive
to create eco-friendly products,
but studies show that people are willing
to pay more for them.
So don't let that hold you back
from getting into this niche.
So how can you go out there and build a business
around the eco-friendly niche as a beginner?
Well, there's actually a really fun way.
And that way is to create and design your own
eco-friendly versions of products
using print-on-demand apps like Printify and Printful.
These apps, as my longtime subscribers know,
let you take blank products
and customize them with your own designs.
And because there's been lots of interest
and growth around the eco-friendly niche,
they'll be adding in eco-friendly versions
of items into their catalogs,
such as adding in biodegradable phone cases.
You select which item you want,
and then you upload the picture
that you want to print onto it, to customize it.
You can then add it into your own online store
for a markup price,
or list it for sale in an online marketplace like Etsy.
And then, every time that someone does come and says,
buys your phone case, Printful's printing factory
will then print your design onto the phone case,
package it up and then ship it out to the customer.
They'll charge you the production and shipping fee
while you get to keep the difference as profit.
A news article on CNBC noted that on Etsy,
searches for biodegradable products this year
are up 48% compared to 2020, which is huge.
And by the way, if you're interested
in starting your own print-on-demand business
and you would like to learn even more
about setting up your own online store,
you should be sure to download my free e-book,
"The 6 Steps that 6 Figure Online Stores
Follow to Make Over $10,000 a Month".
And you'll find link to download my free e-book
in the video description below.
But anyway, back to the topic,
and onto what is probably my favorite niche on this list
which is this, pets.
The reason why this niche being on the list
makes me so happy is because of the reason
why it was on my list of top niches last year
and still is on my list of top niches this year.
Basically, it's because during COVID-19 lockdowns,
pet shelters became completely empty.
It's lovely that something good did come out
of the pandemic at least.
Analysts in the e-commerce space
expect that demand is gonna remain super high
because outside of the usual holiday dip,
the interest in this niche remained just as strong
this year as it was last year.
Since, well, these new lovely additions,
the family will be with you for many years.
As a result, it's expected that sales for this niche
will remain steadily very high.
And so if you like animals, this could be a great niche.
And you've got plenty of opportunities
to start an online business in it too.
Products for pets continue
to be super popular with drop-shippers.
This Facebook ad is currently one of the top performing
Facebook ads in the drop-shipping scene.
Check out the markup that they're charging on this product
that you can drop-ship from AliExpress
for 60 to 80-ish dollars. (chuckles)
And this is also a great niche
if you like to create and sell your own custom products
with print-on-demand.
For example, take Etsy,
on here there are many product groups
dominated by print-on-demand products,
such as mugs and T-shirts.
And in these gift item categories,
many of the top-selling designs with customers
are designed around, you guessed it, the pet niche.
Especially dogs and cats.
Pet owners tend to be very passionate
about their furry family members
and love to receive gifts related to them,
which is why they sell so well on Etsy.
But it's not just gift items that you can create and sell
in this niche with print-on-demand.
Nope, you can go ahead and create
your own custom pet products for dogs too.
On Printify, they have a dedicated collection
of custom dog products that you can choose from to make.
You can make your own dog balls, dog beds,
and you can also create cute little dog clothes
like tanks and bandanas. (chuckles)
So then, onto the next top niche for this year.
Which is this, weddings.
Yep, it's being said that 2022
is gonna be the year of weddings.
Over 2.5 million weddings are booked for this upcoming year
in the USA alone.
When the pandemic first hit,
a lot of people canceled their weddings
and so now those canceled weddings
are being said to take place during 2022.
This is the most weddings booked since 1984.
So yep, this is gonna be a big year
for the wedding industry.
And my absolute favorite way to take advantage of this niche
is by creating your own wedding products.
And that's because Etsy is one of the top-selling
online marketplaces to buy wedding products from.
And they let you list and sell print-on-demand items
that you create.
People love to buy gifts like matching wedding T-shirts,
and matching wedding glasses, and matching wedding mugs.
And so if you're looking to create and sell
your own custom wedding gifts,
my favorite of the automated print-on-demand apps
for this is Printify.
And that's because they have an integration
with one of my favorite print shops, Printed Mint.
Now, not only do Printed Mint
print high quality custom products
that my customers have loved,
because I've personally used Printed Mint,
but they also have some really great items
that work awesome as wedding gifts
such as the gold and silver metallic mugs.
So you can get really creative
and come up with some great ways to capitalize
on this super hot niche using Printed Mint's
items in their Printify catalog.
So the next niche on this list,
is a bit different.
And that's because unlike weddings,
which wasn't a hot niche during the height of the pandemic,
this niche was hot then and continues to be hot.
And that is home improvement and furnishings.
Yep, the momentum that this niche gained during 2020
in the height of the pandemic
continued through this past year
and everything indicates that it's going to remain strong
in the upcoming year too.
And that is because of something
that was previously a trend
but is instead now the norm, working from home.
Many companies are keeping working from home
as a permanent part of life.
And so of course, when you're working from home,
you're spending a lot more time there
than you were previously,
and so you now value making your house nicer
a whole lot more.
And as a result, sales for items that improve your home
like furnishings and appliances
are said to maintain their huge bump in sales
that they gained in 2020, and steadily increase.
So it's a great longterm niche to join in on.
And not only that, you've got multiple methods
to make money in it too, as a beginner.
If you're interested in drop-shipping, then home furnishings
is one of the biggest niches on AliExpress
and there are lots of popular items.
So for an example of a hot item in this niche,
Oberlo, the Shopify drop-shipping app.
They regularly make lists noting which items
they see making the most money in sales
for drop-shipping stores that use their app
and in their latest list,
they highlighted a home furnishing item, plant hangers.
They are super trendy and go hand in hand
with another popular related niche, houseplants.
In addition, this is also a niche
that has helped print-on-demand stores,
see their sales soar.
Because print-on-demand apps have tons
of home furnishings to choose from.
So take Printify, on here you can create and sell
all sorts of custom home furnishing.
So obviously you've got the standard items you might expect
like posters, art prints, blankets and pillowcases,
but you've also got some pretty unique items as well,
such as wireless foreign chargers, decorative jewelry boxes,
and (chuckles) an outdoor Bluetooth speaker
that you can customize.
So yes, print-on-demand apps, they offer far more
than just traditional mugs and T-shirts
and posters.
So yes, onto the next niche and I'll be honest,
this niche, it's pretty experimental.
And so here it is, mood clothing.
So yes, here's the thing, right?
If you could get in on an early upswing for a new niche,
you can earn a lot of money which is why I wanted to share
this Google Trends graph with you, showing an explosion
of interest in a clothing store called Cider Clothing.
As you can see, this chart is insane.
The store has gone viral on TikTok and become super popular
and it's thanks to this new niche
that they have effectively carved out.
And so if you come on over to Cider Clothing,
you'll see that instead of categorizing their clothing
by clothing types, such as T-shirts, hoodies or blouses,
they've instead chosen to categorize them by mood.
And so if you were feeling cute that day,
you can break out the clothes that you bought
from their cute collection to express your mood.
Or if you were feeling sophisticated,
then you can break out the clothes
that you have bought from their sophisticated collection.
And it's actually quite interesting
because this store, it's based out of China.
Yep, this is a Chinese store.
They even ship out a lot of their orders from China too.
They're effectively reselling very similar clothing
that you can find on AliExpress for a fraction of the price
but they've aesthetically rebranded it to a Cider Clothing.
And so you might wonder,
why aren't people price checking this
against other websites if they could just buy it
on AliExpress for cheaper?
Well, it's because increasingly,
price isn't the main reason why people buy anymore,
instead the experience people receive is far more important.
And something that people love is personalization.
And it's an extremely personalized experience
for the customer, getting to buy clothing
to express how they're feeling.
So how can you get in on this hot, new experimental niche?
Well of course, you can always go the verge
of selling very similar clothing to Cider Clothing
by drop-shipping from AliExpress as again,
Cider Clothing is sourcing their clothes
from very similar manufacturers to what you find on here.
But another way that you can do this instead,
is to use print-on-demand services
in conjunction with All-Over print clothing.
With All-Over print clothing,
you upload a picture and it gets printed
over the entirety of the product.
And so, this means that you can get very creative
and take a blank product and turn it into whatever you want.
So you can make socks for when you're feeling cute
or pants for when you're feeling spiritual. (chuckles)
So yes, this niche actually leads me onto the next niche.
And that niche is personalized products.
This niche also featured last year and demand
has only gotten stronger for this niche since then.
So while Cider Clothing is a great example of a store
that provides a personalized experience for the customer,
the products they sell are not personalized themselves.
So an example of a successful personalized product
would be this hyper viral product that is running
a very successful Facebook ad campaign
featuring pet key chains.
The premise is pretty simple,
you send in a photo of your pet
and it gets turned into a custom key chain figure.
People absolutely love it.
As you can see, people are purchasing them
for big markup prices compared to what
they're being drop-shipped from AliExpress for.
As you can see, the markup is huge.
Customizable products sell for way higher prices
as customers are willing to pay much more
for an item that they can customize
so they can have some really big profit margins.
Personalized gifts are also super popular
on online marketplaces such as Etsy.
In a blog post about selling trends,
Etsy themselves noted that personalized gifts
is the biggest gifting trend on the website.
And in their 2021 customer survey, 24% plan to buy something
that they could personalize on the site.
But even though demand for this niche is super high,
competition for it remains surprisingly low
because most people are very intimidated in this niche
and they are very intimidated at the idea
of creating custom products for the customer
and understandably think it's a lot harder
than just selling the same product over and over again.
But if you, let's say, choose to work
with manufacturers and print shops
that specialize in creating custom products for customers,
it doesn't have to be scary.
So for example, as I've already shown,
there are AliExpress supplies that you can drop-ship from
that will make personalized items for your customers,
such as pet key chains,
but they also have lots of other customizable gifts
on the website as well, such as a range of jewelry
and different niches that people can customize
with their own names, and even customizable multi-tools.
And of course, as you have probably guessed by now,
this is a great niche for customers looking to make money
with print-on-demand items too,
especially by using the Printful print-on-demand app.
Because they let customers personalize lots of items
such as personalizing T-shirts, or hats or jewelry.
So what you do is you add the item into your store,
like an Etsy store or a Shopify store,
and then when customers purchase it,
they can use the built-in Printful widget
to personalize it with custom text.
Printful's print shop will automatically collect
this personalization request
and imprint your customer's personalization
onto the product.
And they will ship out their own customized version
of it to them.
It allows customers to buy personalized items
on autopilot from your store.
So then, onto the next niche,
which is this, cryptocurrency.
And my goodness, has this sure exploded, all right.
The trend for this shows
that this is going to remain very strong as well,
and very profitable into 2022.
Now, I'm definitely not a crypto bro.
So unfortunately, I can't tell you how to make money
by buying and selling crypto currency coins.
And the truth is, probably the most money
to be made in this niche is in the actual
buying and selling of crypto
but what I can say is that if you have any fun ideas
for crypto-themed gifts,
well, I've been watching
this niche gain more and more momentum
on print-on-demand marketplaces like Etsy.
People are coming here and looking for fun gifts
to buy their crypto-obsessed friends.
However, there are not that many crypto-themed gifts on here
despite the immense popularity.
So I've seen that new Etsy stores
have been able to get sales and reviews fast
and build up their store credibility
by filling the gap in this very popular
yet underserved niche.
And so, if you've got any cool ideas for crypto-themed
print-on-demand gifts that you can create and sell,
this could be a great idea to get started.
And so now it's on to an unexpected niche, the hiking niche.
So why is this niche unexpected?
Well it's because there are a lot of people that assume
that this is a niche that just experienced a boom
during 2020 as a socially distance activity
and then went back down.
But while it's definitely declined a bit
after its huge rise in interest,
it leveled off way higher than it was pre-pandemic.
And actually, if you come and do a search on Google Trends
for actual items and products related to hiking
such as hiking bags and hiking pants,
interest in 2021 was even higher overall
than interest in 2020.
And so while there may have been a bit more interest
in the hiking niche during 2020,
throughout 2021, people were more interested in buying
actual products to help them with their new hobby.
And outside of the usual winter dip in interest,
based on Google Trends data, there isn't any indication
that demand in this niche is slowing down in 2022 either.
Which is why then, it was not a surprise to me
that on Oberlo's latest top-selling product update,
where they took a look at all the drop-shipping stores
using their app and saw which products
were making them the most money
that they noted that one of the top-selling items
for this previous year was hiking backpacks.
As you can see, you've got lots of options
to choose from on AliExpress, if you enjoy drop-shipping.
But of course, if you would instead prefer
to create and sell your own custom products
with print-on-demand, then you can use apps like Printful
to create your own print-on-demand athletic clothing brand
that people can wear doing any sort of athletic activity
such as hikes. (chuckles)
And you can combine this niche with another niche.
So for example, you could combine this
with the super-popular pet niche
so that someone who loves hiking and dogs will go,
"Wow, that's super cool, I really want that."
So now you have your own athletic clothing brand
that stands out from generic ones like Nike or Lululemon
because they don't offer athletic clothing like this.
And you can also create some really cool gifts
specific for this niche as well.
Clothing themed around national parks
makes for a super popular gift on Etsy.
People love buying things like this
for their hiking-obsessed friends
who go to national parks and hike the trails.
So you've got multiple ways to make money
in this niche with print-on-demand.
So yes, hiking was indeed a niche
that has risen in popularity
as a result of interest from the pandemic.
And believe it or not, the next niche on our list, travel,
has also seen a boom in interest due to the pandemic
but for very different reasons.
So travel, this niche, it comes with a massive disclaimer,
it's risky, y'all.
This niche, it is high risk but potentially high reward.
Now, previous to recent events,
this niche wasn't looking very risky.
In fact, it was kind of looking like a bit of a slam dunk.
See, previous to the pandemic, prolific travelers like me,
basically took it for granted that we could hop on a plane
and travel wherever we wanted, whenever we wanted,
but then the borders shut basically overnight
and suddenly people like me,
where that the ability to travel
wherever we wanted, whenever we wanted was a privilege.
And so then, I, like many other people,
decided that when travel resumed,
that I would never take it for granted again
and take advantage of it as much as possible
by spending even more on travel than I did pre-pandemic.
And so, the return to travel in 2021 was surprisingly strong
and it looked like this niche was in a recovery.
That was of course until this hit.
But you see, here's the thing, that pent-up demand
from people like me, it's still there.
So this niche might end up being the biggest opportunity
of 2022, or the biggest loss of 2022.
But for you brave and optimistic souls out there,
you've got plenty of options.
So on AliExpress, you've got a huge range
of interesting items to drop-ship.
One item that has been successful
for drop-shippers in the past, has been travel bags.
These make for really great viral Facebook ads. (chuckles)
And of course, as you've probably guessed,
this is also a niche that works well
with print-on-demand items too.
Yep, because travel,
it's a hobby that people are very passionate about,
it's a niche that does well with print-on-demand gifts
like T-shirts, mugs, phone cases, that sort of thing,
but increasingly there are more and more
travel-specific items that you can personalize and sow.
So take the Printify app,
on here, they actually have luggage bags
that you can customize and sell.
And so of course what you can do
is you can cross-niche this.
So you can combine the travel niche
with another very passionate niche
such as dogs and create custom bags
that they richly target people
that love both dogs and travel, such as me.
And so with that, it is time for our final
top niche of this year.
(drums beats) Drum roll, please.
The final top niche of this year is,
the niche that you are the most passionate about.
Because seriously, maybe you have a hobby
that you personally love,
but it isn't as big as the niches on this list.
And so you think, well, I won't make a store
and sell items around that niche
because it won't have as many customers
and thus, won't be as profitable as the niches on this list.
But you know what?
The real key to success
isn't picking the most profitable niche,
it's in persistence.
Remember, starting a business is a learning curve.
You're going to have to learn lots of new skills
and you know what will help you stay motivated
through that learning curve?
Having fun.
So what's the point in picking a bigger niche on this list
just because it could make you more money
if you don't enjoy doing it
and then you give up during the learning process
because you're not having fun?
Ironically, you would've made more money
by picking a niche that has a smaller customer base,
but that you enjoy and stick with.
Because ultimately it is persistence and grit
that truly separates successful entrepreneurs
apart from the rest.
Get Started! Good Luck!
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