3 niches with huge untapped potential


In under 2 minutes you'll learn 3 Amazon niches with massive untapped potential

Why go niche?

Many sellers make the mistake of thinking that by specializing in a niche you miss out on opportunities.

When in reality, the opposite is true.

When you niche down, you become experienced in that niche which ends up leading you to more opportunities, not less.

Here are 3 niches I'm bullish on that have tons of untapped potential.

Tools & Home Improvement:

Here are some interesting statistics about this category according to SmartScout:

• $1,738,432,688 in monthly sales

• 72.9% of sales come from third party sellers like you and me

• 45,066 total brands

Capturing a mere 0.0001% of this market results in $173,843 in monthly sales.

Sounds achievable to me.

Automotive:

I know nothing about cars but I do know something about people who love cars.

They spend a lot of money maintaining them.

• $1,048,227,482 in monthly sales on Amazon

• 78.4% the revenue from 3p sellers

• 31,392 total brands

There are tons of old school Automotive brand owners who know nothing about Amazon and would happily partner with someone who does.

Industrial & Scientific:

Most sellers avoid this category which makes the potential huge.

Sellers avoid it because it's not sexy.

No one wakes up one day thinking to themselves "I'm gonna become a millionaire by selling janitorial supplies on Amazon".

• 79.9% of revenue from 3p sellers

• average product price = $171.60

• 30,619 total brands

The high ASP (average sale price) for this category makes it extremely attractive, usually offering higher margins.

If you want my help in choosing your niche (or scaling inside your current niche) then click here.

Corey Ganim

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