HubSpot Lists Eight Profitable E-commerce Niches for 2022
An e-commerce niche is a smaller and more specific subsection of a larger market. To start a successful e-commerce business, you need to choose the right niche. It is a crucial step in any business.
HubSpot contributor Jimmy Rodriguez has shared eight
He says, “While the concept of niching down might seem counterintuitive, targeting a smaller market can often lead to big upsides. See benefits below.
1. You’ll lower your marketing costs.
Whatever your strategy, marketing products to a niche audience will cost significantly less than trying to reach an entire product category.
For example, targeting a niche audience with ads will often mean bidding for lower-competition keywords, which tend to be less expensive.
2. You can charge a premium for your products.
There are three reasons why buyers are willing to pay more for niche products:
- Scarcity. Where there are only a handful of brands selling a product, demand often outpaces supply. As a result, buyers are willing to pay a premium to access the product.”
8 Profitable E-commerce Niches to Consider in 2022 (Backed by Research)
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