AFFILIATE MARKETING

Earn BIG Commissions in 2023

Published

7 months ago

September 29, 2023

Entireweb News Bot

In this post, we’re looking at the best niches for affiliate marketing.

So, if you’re struggling to choose a niche for your blog or YouTube channel, this list will help.

In this list, you’ll learn some key information to help you determine which is the right niche to choose for you.

Information like:

How big the niche is and its market share
The products you can promote
Sub niche ideas
And some commission rates you can expect

Keep reading.

Best Niches for Affiliate Marketing

We’ve researched and broken down 21 of the best niches for affiliate marketing, so you don’t have to.

Let’s dive in.

1. Artificial Intelligence

The Artificial Intelligence industry has exploded in recent years and is projected to be valued at close to US$2 trillion by 2030.

That’s what makes this one of the best niches for affiliate marketing today.

There is also a wide range of AI tools to promote with generous commissions.

For example, LinkWhisper is an AI content optimization tool for SEO offering 20%.

There are hundreds of AI tools for business, such as Jasper, and text-to-speech software, such as Murf AI.

Commission rates for such tools range from 10% up to 50%.

2. Technology

The technology niche is excellent for affiliate marketing because there are so many sub and micro-niches that fall under it.

Best niches for affiliate marketing - Tech

It’s also valued globally at US$5.2 trillion, giving affiliates plenty of room to own a piece of the pie.

The types of products you can promote are endless. From mobile phones, games consoles, and PC hardware to VPNs, software, and graphic design.

Moreover, many tech products fetch a high price, with many affiliate programs offering upwards of 40% – 60%.

3. Home and Gardening

Home and garden is also a high-level niche with many sub-categories that fall under it.

Best niches for affiliate marketing - Home and Garden

You can niche down to anything from kitchen goods and home decor to in-home garden kits and garden furniture.

If we look at the gardening niche alone, its market value passed US$100 billion in 2020.

If you wanted to start a blog in the gardening niche, you could promote Click and Grow products that sell for up to $1000+ and earn a 10% commission.

This profitable niche has endless possibilities, not just in affiliate marketing but in selling courses and your own products.

4. Parenting

Parenting has so many opportunities as an affiliate marketer because there are so many things that fall under it.

Best niches for affiliate marketing - Parenting

You could promote family vacations, board games, clothing, toys, baby gear, and even courses on becoming a better parent.

For example, Parenting Simply offers a 40% commission rate for their courses in better communication with children.

Sharing content either through a blog or YouTube channel would be a great place to make money in this niche.

5. Pets

The U.S. pet industry is worth a staggering US$76.8 billion, which is why this profitable affiliate niche is so appealing.

Best niches for affiliate marketing - Pets

Just think about how many types of pets there are. Even starting a blog in the cats or dogs niche would provide you with endless products to promote (check out our guide to dog blogs here).

However, smaller niches are cropping up in this space, such as lizards, ferrets, and even hedgehogs.

Some of the products you can review could include dog kennels, cat litter boxes, and grooming products.

There has also been a rise in CBD products to help with their anxiety. Some affiliate programs offer commissions of up to 25% in this affiliate niche.

6. Coffee

Even though the coffee niche falls under “home,” it carves its own space, especially for affiliate marketing.

Best niches for affiliate marketing - Coffee

The revenue in the coffee niche is expected to reach US$88.3 billion in 2023.

There are a lot of different products you can promote in this category, too. Not only do people need help choosing espresso machines, there’s the whole sub-niche of coffee roasting as well.

There are also lots of coffee affiliate programs to choose from, including the Amazon Associate program, ranging anywhere from 3 – 10% commission rates.

For example, 1st In Coffee sells coffee machines from a couple hundred dollars up to $2,000+ and offers 7% commissions.

Plus, Vitacup pays $15.00 on every referring sale on “healthy coffee” products ranging from electrolytes, lion’s mane, and B Vitamins.

7. Security and Survival

Home security alone had a global market size of US$51.9 billion in 2021. Then, the survival niche brings in around US$10 billion per year.

Best niches for affiliate marketing - Security and Survivial niche

As a result, the security and survival niches make excellent choices for affiliate marketing.

Survival Gear boasts hundreds of products to promote. Such as paracord, knives, and tactical survival subscription boxes, with commission rates ranging from 5% to 15%.

Then, there are home security systems, smart home products, and home insurance affiliate programs under home security.

Although both niches are different, there can be a lot of overlap to branch into both.

8. Food and Drink

Aside from coffee, there are plenty of other sub-niches that fall under food and drink.

Best niches for affiliate marketing - Food and drink niche

And as it’s essential for our survival, it’s a perfect niche that makes the list.

Meal kit delivery services are just one example of this category, and its market share reached US$20.54 billion in 2022.

Another is the vegan diet market, which hit a value of US$19.7 billion in 2020.

Plus, the global market size for herbal tea was US$3.42 billion in 2022

The type of affiliate program to join would be HelloFresh, which offers up to $10 for every referral.

9. Health and Fitness

Do you have the experience or qualifications to crack into the health and fitness niche?

Best niches for affiliate marketing - Health and fitness niche

If so, then you can take advantage of the US$96.7 billion per year industry, and that is just fitness alone.

There are also plenty of products to promote in these arenas.

From supplements and weight loss to yoga and nutrition.

The opportunities are endless, especially if you can build a trusted brand that makes the competition irrelevant.

10. Finance

Finance is a big one. Just look at the credit card market value of US$489.4 billion.

Then there is the forex market, which sat at around US$6 trillion in 2022.

Niches that fall under this category include forex, crypto & bitcoin, loans, mortgages, credit cards, and debt settlement.

So, if you have the expertise in these sub-niches, it’s potentially one of the best niches for affiliate marketing.

Affiliate programs to join could include Coinbase and Binance for crypto or Experian and Credit Sesame for free credit score services.

11. Lifestyle

Lifestyle is one of those niches that encompasses a huge range of interesting topics. That’s why this niche has so much potential.

As an affiliate, you could promote sustainable or budget-friendly products, share tips on leading an organized life, or choosing the best gear for outdoor enthusiasts.

Other sub-niches include cosplay, nomads, luxury watches, and personal development.

An example of the personal development niche would be to share tips on productivity and goal setting.

You could then promote online courses in this space, making affiliate commissions with platforms such as Udemy.

12. Travel

According to the UN World Tourism Organization, 900 million tourists traveled to foreign countries in 2022.

Even though that’s only 63% of the number pre-pandemic, it means the travel and tourism is still a lucrative niche.

Moreover, the industry reached a global market value of US$631 billion in 2021, so it’s still one of the best niches for affiliate marketing.

In fact, some people are making $30,000 per month with their travel blogs, with 43% coming from affiliate commissions.

The kind of affiliate products to promote in this niche are endless.

From hotels, flights, and cruises to luggage, backpacks, camera equipment, and convenient clothing, running out of affiliate content ideas won’t be a problem.

Other articles to check out:

13. Automotive

What’s good about the automotive niche is that you can talk about so many things. From helping people choose vehicle insurance to promoting detailing products.

Automotive niche for affiliate marketing

This could be a great niche if you have experience working with expensive cars, like Lamborghinis and Ferraris.

People need info from someone they can trust when getting advice on maintaining their prized possessions.

It’s also an industry worth US$2.56 trillion, so there’s no shortage of affiliate commissions to be earned.

14. Online Education

Education is another niche that has blown up online in the last 5 years, with a market value of US$198.2 Billion in 2022.

As the internet is bombarded with free information more than ever, many people are turning to paid courses and digital products.

These can be for personal reasons or to gain skills and certifications in their careers.

Either way, online education provides more structure and depth of knowledge than consuming content from free platforms.

To crack into this niche, you could niche down into categories such as speaking a new language, software engineering, coaching skills, and freelance writing.

Plus, many of the affiliate programs offer commission rates as high as 70%, making this a lucrative affiliate marketing niche to get into.

15. Hobbies

The hobbies niche is full of passionate people seeking to learn, uplevel their skills, and find products to help them be the best they can be.

It’s also one of those niches with a ton of sub-niches you can tap into.

These might include music, sports, fishing, photography, crafting, and the gaming niche.

You could also combine many hobbies to carve out your unique niche to help you stand out.

That’s what makes this niche a great option for affiliate marketing, but also because you can generate a lot of excitement around any particular hobby.

Therefore, there are bound to be plenty of opportunities as an affiliate, no matter which hobby you’re into.

16. Beauty and Cosmetics

The beauty and cosmetics niche stays in demand all year round.

It’s also estimated that skincare alone will be valued at US$189.3 billion by 2025. And by the same year, the cosmetics industry will have a projected value of US$758.4 billion. That’s mind-blowing!

Furthermore, there’s no limit to the amount of products you can promote as an affiliate in this niche.

For some inspiration, here’s a list of makeup affiliate programs. From cosmetics brands to beauty and skincare products, there’s tons of opportunity.

Plus, the commission rates of some of these aren’t too shabby. They range from anywhere between 3% to 25%.

17. Making Money Online

This popular niche helps people generate affiliate income and other streams if revenue online.

As this might include setting up a blog, using keyword research tools, creating a sales funnel, and buying web hosting, it offers many affiliate opportunities.

Just look at how many people search for the term “how to make money online“:

That’s 80 thousand searches in Google per month from people who want to learn how it’s done.

There are many ways you can get into this niche as well. One way to do it is to start a blog and create content that promotes the tools needed to get started.

Another way is to create YouTube tutorials, showing people how to use blogging tools and other side hustle ideas.

18. Web Development

Web development is another great niche to get into as an affiliate marketer. Even though it might not seem like an obvious choice, there are plenty of opportunities to for affiliate marketing success.

Plus, website builders had an estimated market value of US$2 billion in 2022, which shows its potential.

There are tons of people looking online for ways to learn how to code and web design.

If you have this skill yourself, you can teach tutorials on YouTube and promote the products you use.

The types of products available to promote are website builders such as Webflow and Elementor, and web hosting services such as Blue Host.

Many of these products and services offer high commission rates. For example, the commission rates for WebFlow and Elementor are both 50%.

Other articles to check out:

19. Fashion

For some people, clothes are merely a means of comfort and necessity. Whereas for others, clothes and fashion are about self-expression and identity.

These people will spend a fortune to express their unique selves. That’s what makes the fashion niche fantastic for affiliate marketing.

There’s also no fear of having dips in sales throughout the year, as it’s one of those niches that stays evergreen.

Apparel is just one sub-niche in fashion and it’s estimated market value in 2023 is US$1.95 billion.

You can join clothing affiliate programs and promote products such as clothing accessories, footwear, watches, jewelry, and sustainable fashion to narrow down.

20. Sports

This list of the best niches for affiliate marketing wouldn’t be complete without sports on here.

After all, it’s an industry with a projected market value of US$512.14 billion for 2023.

Not to mention, with the sheer number of sports that exist, it offers even beginner affiliate marketers the chance to take a piece of the pie.

All you would need to do is niche down and cover the one topic in its entirety. This will help you establish topical relevance in your niche and attract organic traffic.

You also don’t need to be a seasoned pro in your sport of choice. You can simply share your journey on YouTube and recommend the equipment you use.

The types of sports that would do well in affiliate marketing would include golf, martial arts, running, paintball, archery, and basketball.

21. Religion and Spirituality

The religious and spiritual niches are massive. Plus, there are more affiliate programs in these niches than ever before.

That makes them and their sub-niches very lucrative for affiliate marketing.

Not only that but the spiritual jewelry market was valued at US$13.2 billion in 2022. Then there’s the meditation apps market, which is projected to reach US$4.43 billion by the end of 2023.

The sub-niches in this category are vast, ranging from tarot, astrology, and yoga, to alternative healing, and meditation.

You’re also equipped with a huge range of products to promote. Some of these include meditation cushions, books and courses, tarot cards, and crystals.

It’s also a niche with low competition as it isn’t touched by huge corporations.

Other Affiliate Programs

In this list of the best niches for affiliate marketing, we’ve covered the reasons why you might want to get involved in them.

We also looked at the sub-niches of some of them and the particular products you can promote.

However, there are specific affiliate programs you will want to check out, so I’ve listed more articles below for you to dive into.

Reading these articles can help you further define the best affiliate marketing niches you can get involved in.

The Best Niches For Affiliate Marketing in Conclusion

That concludes this thorough list of the best niches for affiliate marketing.

It can not be stressed enough that the niche you choose is vital. However, try not to overthink it.

It’s not that there’s one best niche amongst them. All of these niches can earn you a lot of money.

You just need to think of creative ways to stand out from the crowd of other affiliates.

Building a brand is just one way to do that. You can also follow these affiliate marketing tips for even more ideas.

AFFILIATE MARKETING

AI Will Transform the Workplace. Here’s How HR Can Prepare for It.

Published

10 hours ago

April 19, 2024

Entireweb News Bot

AI Will Transform the Workplace. Here's How HR Can Prepare for It.

Opinions expressed by Entrepreneur contributors are their own.

Our workplaces are about to undergo an unprecedented level of transformation, and HR will take center stage. Artificial intelligence will dramatically reshape HR in a way that goes beyond recruiting, hiring and talent management. Leadership teams at all levels need to embrace this change to transform and lead their organizations forward.

It’s the people, and not the technology, that makes AI initiatives a success. Intrapreneurs, in particular, are the driving force behind it. As I shared in Fearless Innovation, I noticed this when I was working on the innovation agenda for the Great Places to Work study — the most innovative companies were those that had a leadership team that was embracing intrapreneurship and were open to change.

HR is the beating heart of any organization, and as such, it needs to take center stage in both adopting and leading ethical and innovative AI transformation across the organization.

4 tectonic shifts AI will drive in HR

1. A new wave of massive reskilling

As AI becomes more prominent across business functions, the need for new skills will only grow. Forty percent of enterprise leaders believe that their workforce would need to reskill as a result of AI and machine learning. In fact, research shows almost a third of all hours worked in the U.S. could be automated by 2030.

All of us need to reskill to some extent to be relevant in the AI era. Not only would people need to re-train, but generative AI is introducing a whole host of professions that have been non-existent until recently, from AI ethicists to human-AI interaction designers. Some of these roles might sound futuristic, yet they are becoming increasingly relevant as technology advances.

2. The great restructure

As automation takes center stage across more business functions, there will be the inevitable need for organizations to restructure and rethink how they work. This transition will not only involve the integration of new technologies but also introduce a shift in the workforce dynamics. Intrapreneurs will need to identify gaps both in skills and operational processes and forge brand-new roles for themselves and those they manage. HR must play a key role in enabling a smooth and easy transition in this regard. The transition will not be smooth or easy, and it’s only HR that has the capability to make it impactful.

3. Arrival of “digital humans”

“Digital human” may sound like an oxymoron, but that’s the term that’s starting to appear in business and operational plans. More roles, regardless of industry, are becoming digitally enhanced where some form of AI assistance is embedded in their everyday work. A real-life example is the introduction of the digital nurse — AI-powered healthcare agents which have already been proven to outperform human nurses in certain tasks.

Imagine the impact these digital roles will have on the workforce the more sophisticated and prevalent they become. Eventually, HR will need to create policies and systems in place that account for this new type of “staff augmentation.”

4. Regulating the robot

The threat of AI bias and misuse is serious. Not only can the technology put many jobs at peril, but potential improper implementation can expose organizations to serious liability and negatively affect the workforce. From avoiding bias to inclusivity, HR teams play a critical role in the ethical deployment and management of AI technologies.

HR professionals will be tasked with navigating the delicate balance between leveraging AI for efficiency and ensuring that its application upholds fairness, privacy and non-discrimination.

What HR intrapreneurs must do to embrace AI the right way

The future of work is being shaped by AI adoption, and its success hinges on the right approach from the outset. My experience shows that for successful organizations, one universal trait stands out: the presence of change agents. Every organization, regardless of size, benefits from intrapreneurs who are open to change and committed to spearheading transformation efforts. These intrapreneurs are pivotal in driving the future of work, as they help orchestrate the integration of new technologies into their business models.

HR and talent leaders should harness this dynamic, encouraging a symbiotic relationship with intrapreneurs to develop customized solutions for AI adoption, ensuring that they are not just keeping pace with technological advances but are actively shaping their trajectory.

Securing a seat at the table:

HR should take a proactive stance in the adoption of AI, even if it is still in its early stages within your organization. By securing a position at the forefront of the AI initiative, HR can and should facilitate and guide the entire organization in embracing this significant change.

As AI has the potential to impact every facet of the organization, it is imperative for HR to not only understand and advocate for this technology but also lead its integration across all departments. HR should encourage and support intrapreneurs and all employees to leverage AI in their daily tasks, demonstrating its value not just for operational efficiency but for personal and professional growth as well.

Master the technology:

To effectively navigate and regulate AI, HR must first understand it thoroughly. Grasping the full potential of this technology is crucial for reaping its extensive benefits. HR plays a vital role in identifying the necessary tools and skills that employees must acquire and then integrating these learnings into daily work practices.

Before implementing AI more broadly, HR should initiate comprehensive training programs that not only educate but also reassure employees about AI’s role in the future of the business. By leading these educational initiatives, HR can shape the structure and effectiveness of these programs, ensuring they meet the needs of the organization and its workforce.

Looking ahead

Generative AI has the transformative potential to redefine the business landscape, but realizing this vast potential hinges on more than just the adoption of technology. It critically depends on the talent within the workforce, driven by HR and bold intrapreneurs. These visionary leaders don’t just implement new tools; they exemplify their use, demonstrating the profound impact of AI across every level of the organization.

HR plays a pivotal role in fostering this environment, enabling intrapreneurs to guide and inspire every individual they touch. Together, they turn each employee into a catalyst for change, igniting a widespread passion for innovation that deeply resonates and sustains long-term success.

AFFILIATE MARKETING

Samsung: 6-Day Workweek For Execs, Company in Emergency Mode

Published

1 day ago

April 19, 2024

Entireweb News Bot

Samsung: 6-Day Workweek For Execs, Company in Emergency Mode

Four-day workweeks might have all the buzz, but one major tech company is going in the opposite direction.

Samsung is implementing a six-day workweek for all executives after some of the firm’s core businesses delivered lower-than-expected financial results last year.

A Samsung Group executive told a Korean news outlet that “considering that performance of our major units, including Samsung Electronics Co., fell short of expectations in 2023, we are introducing the six-day work week for executives to inject a sense of crisis and make all-out efforts to overcome this crisis.”

Lower performance combined with other economic uncertainties like high borrowing costs have pushed the South Korean company to enter “emergency mode,” per The Korea Economic Daily.

Executives at all Samsung Group divisions will be affected, including those in sales and manufacturing, according to the report.

Samsung had its worst financial year in over a decade in 2023, with the Wall Street Journal reporting that net profit fell 73% in Q4. It also lost its top spot on the global smartphone market to Apple in the same quarter, though it reclaimed it this year.

Though employees below the executive level aren’t yet mandated to clock in on weekends, some might follow the unwritten example of their bosses. After all, The Korea Economic Daily reports that executives across some Samsung divisions have been voluntarily working six days a week since January, before the company decided to implement the six-day workweek policy.

Entrepreneur has reached out to Samsung’s U.S. newsroom to ask if this news includes executives situated globally, including in the U.S., or if it only affects employees in Korea. Samsung did not immediately respond.

Research on the relationship between hours worked and output shows that working more does not necessarily increase productivity.

A Stanford project, for example, found that overwork leads to decreased total output. Average productivity decreases due to stress, sleep deprivation, and other factors “to the extent that the additional hours [worked] provide no benefit (and, in fact, are detrimental),” the study said.

Longer hours can also mean long-term health effects. The World Health Organization found that working more than 55 hours a week decreases life expectancy and increases the risk of stroke by 35%.

The same 55-hour workweek leads to a 17% higher risk of heart disease, per the same study.

AFFILIATE MARKETING

John Deere Hiring CTO ‘Chief Tractor Officer,’ TikTok Creator

Published

2 days ago

April 18, 2024

Entireweb News Bot

John Deere Hiring CTO 'Chief Tractor Officer,' TikTok Creator

^{This article originally appeared on Business Insider.}

Agriculture equipment company John Deere is on the hunt for a different kind of CTO.

The brand on Tuesday announced a two-week search to find a “Chief Tractor Officer” who would create social media content to reach younger consumers.

One winning applicant will receive up to $192,300 to traverse the country over the next several months showcasing the way John Deere products are used by workers, from Yellowstone National Park to Chicago’s Wrigley Field and beyond.

“No matter what you do — whether it’s your coffee, getting dressed in the morning, driving to work, the building you go into — it’s all been touched by a construction worker, a farmer, or a lawn care maintenance group,” Jen Hartmann, John Deere’s global director of strategic public relations, told AdAge.

To kick off the search, John Deere tapped NFL quarterback Brock Purdy (who will presumably be a bit busy this Fall to take the job himself) to star in a clip in which he attempts to set out on a road trip in an industrial tractor.

Suited up in the obligatory vest, work boots, and John Deere hat, Purdy’s progress is interrupted by teammate Colton McKivitz hopping into the cab while a string of messages floods in from other athletes and influencers expressing interest in the job.

The clip also represents the first time that the 187-year-old company has used celebrities to promote itself, Hartmann told AdAge.

According to the contest rules, entrants have until April 29 at midnight to submit a single 60-second video making their pitch for why they should be the face and voice of the company.

In addition, entrants must live in the 48 contiguous states or DC — sorry Hawaii and Alaska residents. Interestingly, any AI-generated submissions are prohibited, too.

Videos will be judged against four categories — originally, creativity, quality, and brand knowledge — after which five finalists will be chosen and notified after May 17.