The Most Profitable Niches for SMMA in 2023
Many of you have been asking which niche I should pick? Is a car dealership still a good niche in 2023?
The answer is, yes it is. However, if you're just starting out I'd NOT recommend "marrying" to one specific niche unless you have a proof of concept on how to deliver results for that specific niche.
Here's why
As you just starting out, you probably don't know what really works until you get into the trenches and run a few campaigns yourself to get confident that you can deliver results.
If you're a beginner, I recommend trying different niches and being a "general agency" first as you gain experience and see what really works and what industries/niches you like and don't like.
As you work with different clients in different niches you'll find the ONE that you really like and get good at service delivery. As you establish a proof of concept, then you can focus on that one niche and become an expert in building a "niche agency"
Here's the list of niches to try:
Automotive Repair
Gyms
Bars
Clubs
Mortgage Brokers
Accountants & CPA’s
Restaurants
Car Dealerships
Plumbers
Roofers
Cosmetic Surgeons
Coaches/Consultants
Info Products/Course sellers
Real Estate Agents
Dentists
Personal Trainers
Therapists
Assisted Living Care
Construction & Remodeling
Wedding Planners
Pest Control
Chiropractors
Hair Salon
Insurance
Lawyers
Martial Arts Studio
Ecommerce
Med-Spas
Financial Advisors
Online fitness programs
Event Marketing/ticket sales
Yoga studios
Massage
Carpet Cleaners
Daycare/preschool
HVAC
Escape Rooms
Wedding Photography
General Photography
Non-profit organizations
Clothing brands
Luxury Watches
Remember that the best niches are recession-proof. And the recession proof niches fall into these three categories:
  • Healthcare
  • Wealth
  • Relationships
This is important if you are planning to do this in the long run, so that you are safe from recessions.
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Alex Lytvynchuk
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The Most Profitable Niches for SMMA in 2023
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