Looking for a viable niche or business idea?
Sometimes, it helps a lot to start up at the top, with a broad niche, and work your way down.
If you're looking for lucrative subniches, chances are they'll fall into one of the biggest general categories.
In a recent study published by Moz, the author found that five industries get the lion's share of literally all web searches in the United States.
Over 80% of searches relate to one of these five industries:
- Internet and Telecom
- Arts and Entertainment
- News and Media
- Computers and electronics
There are also a handful of other niches, like travel and electronics, that are up there with the top five.
If you're looking for the perfect moneymaking opportunity, one of these industries could seed a great niche idea.
So pick an industry, then choose a niche or sub-niche.
82.55% of all US online traffic is shared among five industries
Over 80% of all US online surfers are divided among five industries, while the rest of the traffic (15%) is spread across more than 15 other niches. Among the top five leaders are Internet Telecom (45.9%), Arts and Entertainment (12.35%), News and Media (9.35%), Shopping, and the Adult industry.
Internet and Telecom
According to the US Department of Commerce and the Bureau Of Economic Analysis, in 2015 the Information Industry was the largest contributor to the US economy’s 1.4 percent growth, adding close to $900 billion in value.
On the graph below you can see that over 41 percent of US traffic is shared between search engines and social network sites, which are getting most of the juice.
Arts and Entertainment
As I’ve previously mentioned, this category ranks second and owns over 12% of all US traffic, all thanks to YouTube. Also if we look at the top industry domains, we’ll find that Netflix gets 5.67% of all traffic in this category. I find it interesting that organic traffic isn’t the top referral traffic source for Netflix. Those would be direct (58.54%) and referrals (23.59%). Obviously, you can tell which of the media streaming platforms — YouTube or Netflix — Google gives its royal preference to. It kind of makes sense because all of Netflix’s content is on-demand.
The graph below demonstrates that YouTube gets three times more organic traffic than Netflix:
The Music and Audio subcategory has its own peculiar numbers. I was surprised to see Pandora as a leader, ahead with two times more traffic and leaving Spotify with only 3.68 percent.
The pie chart below gives you a breakdown of the traffic distribution for other subcategories:
News and Media
Findings from the data collected confirm that people still read newspapers online and check them for weather updates instead of checking their phone apps.
My husband reads the news on his laptop during breakfast. Yet it still drives him nuts when I ask him to check for weather updates for me, despite my having all kinds of gadgets. Oh, well — guess old habits die hard. But it looks like I'm not alone in this world, because the majority of users have the same habit:
In case you've been wondering what the “Other” category stands for in this graph, here’s what it means. Currently, SimilarWeb hasn’t come up with a way to categorize those websites — that’s why it has the highest percentage. But among the most popular sites I found two prominent newspapers: Dailymail.co.uk and Theguardian.com.
Take a look at the screenshot above. Both The New York Times and Washington Post are among the top 5 sites in Newspaper subcategory.
Online shopping is an integral part of the e-commerce industry, which is, in fact, one of the fastest-growing markets in the US. In the past few years, the e-commerce share of the overall US retail market has grown from 6.6% in 2014 to 8.5% in Q1 2017. However, even though most retail purchases are made online, there’s a big group of people who are inspired to purchase a product offline after visiting a website. Statista reports that the number of web-influenced offline retail sales is 20% higher than non-web influenced sales. This means that for physical stores that don’t have an online representation, establishing their web presence is a must because the conversion process in most cases starts online.
Computer and Electronics
The data confirms that Microsoft has more monthly online visitors than Apple. Microsoft’s traffic share is a little over 15%, with Apple being left behind with only 3.28%. However, this doesn’t affect Apple’s sales at all, and it serves as proof of the fact that investing in your brand authority and focusing more on the quality of your product will make you stand out.
Based on R&P Research, Apple net profits surpassed those of Microsoft in 2011. Apple made $25.9 billion in net profits in 2011, and Microsoft saw $23.2 billion. From then on, Apple has outplayed Microsoft in acquired net profits:
If you’d like to dive deeper and learn more about how traffic is distributed across Shopping subcategories, then take a look at the graph below:
You can find out more about the most widely searched industries in the US over at Moz.
“Download The 21 Days To Profit Blueprint 100% FREE… and Discover The Single Most Profitable Niche Market Selection Technique”
All new plug and play blueprint builds
profitable Internet businesses in record time…
CHALLENGE Yourself to Profit!
Free Download: Build Your Profit-Generating Online Business With This Free Blueprint
Sign Up, follow the easy steps and You'll get the tactics, strategies & techniques needed to create your online profit stream. It's free!