The majority of profitable niches are divided into two main categories. Problem solving, and hobbies. The problem is, people have hard time deciding which they should enter into. This is understandable – it’s a big choice, and there are conflicting opinions everywhere.
One set of marketers will say that anything but problem solving niches are a waste of time, as buyers are desperate to solve their problems and are very willing to pay for an instant solution. Another set of marketers will insist that hobby niches are far more profitable, because the visitors that visit your site are more likely to return and purchase from you multiple times.
While both can be extremely profitable, problem solving and hobby niches are often tackled in drastically different ways. For this reason, we must dig a little bit further before we can decide which category would be more profitable for you. [Read more…]