7 Startup Ideas of Most Profitable Niche Markets & Recession Proof Businesses

Profitable Niche Markets & Recession Proof Businesses

Profitable Niche Markets

If you're going to enter into a new profitable niche markets you want to make sure it's not one where people stop buying when times get tough financially. Some niches are more reccession proof than others but here are 7 niches that aren't likely to be affected even in a recession.

1. Rich people activities and hobbies.
   
   The rich are rarely affected during a recession and continue to spend money regardless. Some hobbies and activities that spring to mind are yachting, golfing, fox hunting, polo.


2. Pregnancy & baby care.
   
   People have to care for their new born regardless of their financial situation. They have to buy baby food, diapers, push chairs, clothes, toys and other products whatever happens.


3. Mortage & home closure.
   
   Financial recessions usually mean mortage defaults and home closures. People will look for advice on how to save their home, try to re-mortage, take loans and more. A profitable niche in a bad financial time for sure. Just make sure you do things in an ethical manner.


4. Loans.
   
   Loans are always big business but even more so in a time of financial hardship. People are looking for loans for all sorts of reasons including pay day loans which pay substantial affiliate commissions. Again make sure you operate ethically.


5. Health care & illness.
   
   Sick people don't stop being sick just because they are struggling to make ends meet. Regardless of financial situation they need to buy medicine and get treatment. Just be sure you're not giving unqualified medical advice to people who are looking for genuine solutions to their health problems.


6. Dating.
   
   Dating is ALWAYS profitable because there's always lonely people out there looking for love. Especially when times are tough financially people look for happiness elsewhere and a relationship can be a distraction form money woes.


7. Jobs & employment.
   
   When people are struggling for money and out of work you can guarantee they'll do almost anything to find work. There's scope to offer them employment advice, resume / CV help, hooking them up with job agencies, interview advice and more.

Hopefully these 7 Most Profitable Small Businesses give you some ideas for online projects that will continue to be profitable regardless of the financial situation.

How to Find Hot Niche Markets Online? Check this exclusive report.

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7 Startup Ideas of Most Profitable Niche Markets & Recession Proof Businesses