Part 3/7:
Monetization Potential: A lucrative niche must have multiple streams of revenue. Affiliation with products or services, digital courses, or personal coaching can provide diverse income opportunities. A niche such as productivity offers many avenues for revenue generation.
Low Competition: A wise choice is to avoid overly saturated markets where content creators with millions of subscribers dominate. Instead, seek a niche that balances opportunity and interest. For example, rather than the general fitness category, focusing on "fitness for people over 40" allows for a more specific approach.