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Agriculture Niche Profitable?

by Henlus
19 replies
Hello fello warriors, I'll like to know if anyone is making money in agriculture niche. How profitable is it? Thanks as I anticipate your replies.
#agriculture #niche #profitable
  • Profile picture of the author ADVERTHEORY
    Monsanto is pretty profitable
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    • Profile picture of the author Steve B
      I personally believe most niches are profitable if
      • You understand what the buyers in the niche want
      • You position your business correctly to give the buyers what they want
      • You have a compelling offer and effectively target the buyers
      Good luck to you,


      Steve
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    • Profile picture of the author jhphotographer
      Originally Posted by ADVERTHEORY View Post

      Monsanto is pretty profitable
      If you talk about Monsanto and how they are making such outstanding achievements in the food industry - then contact them for partnership there may be a chance.
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  • Profile picture of the author lotsofsnow
    You surely can make decent money in that niche.

    If you would target physical products you would have even better chances.
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  • Profile picture of the author bmoore62
    Most niches potentially can be profitable. The key is doing your research and seeing what your potential buyers want and if they're willing to spend money.

    There are lots of obscure niches other than the big three: health, wealth, and relationships that can make money.

    You don't have to be an expert in the niche. Knowledgeable is helpful, passion and interest are preferable, and research is essential. Don't spend wasted time in a niche that won't be profitable. I'm not saying this one isn't, I'm just saying do your due diligence.
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    • Profile picture of the author dana67
      You could also look into things that are seasonably profitable. For example, in the Spring, a lot of people are ordering flowers, plants, etc.
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      • Profile picture of the author myob
        Selling to farmers and processors is big business. They need tools, equipment, parts, supplies, fertilizer, etc. The quickest way I have found to target prospects for these products is through advertising and/or publishing articles in offline ag trade journals. Direct marketing (ie mail, telemarketing) is also still effective these days for the smaller operations. Sourcing products for marketing is easiest through Amazon, although quite often dealerships and manufacturers may have affiliate programs.
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  • Profile picture of the author Stuart Walker
    Agriculture seems a bit too wide to me. You should probably niche down into something more specific.

    I definitely see some potential there though.

    Examine demand (monthly Google search volumes using Google Keyword Planner + lots of reviews of the types of products you plan on selling on ecommerce sites).

    Look for competition (good sign as shows there's money to be made) and people advertising products (On Google and FB or wherever).

    See if there's lots of activity online (forums, blogs, social media hubs, reddit groups)

    Lots of products on sale (preferably both real and digital on Amazon, Ebay, Clickbank, ShareASale, CJ.com and independent retailers).

    Do people in the niche have money to buy and a means to do so?

    Are they a rabid market full of passionate people?

    Are their problems that need solved in the niche? You can sell them the solutions.

    That can help give you an idea of whether it's profitable or not.
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  • Profile picture of the author Henlus
    Wow! Thanks everyone for the huge contribution. I know that agriculture is very wide. My plan is to set up an agric-related forum and attach a blog to it. The blog is where I'll niche down. Still have a lot of niche profitability research to do.
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    • Profile picture of the author Lance K
      Originally Posted by Henlus View Post

      Wow! Thanks everyone for the huge contribution. I know that agriculture is very wide. My plan is to set up an agric-related forum and attach a blog to it. The blog is where I'll niche down. Still have a lot of niche profitability research to do.
      I would rethink the forum idea. Most people in agriculture work long hard hours and are outdoors most of the time. Not spending time on forums. And the ones who do typically hang around the forums run by the media companies that own the large print publications.

      Also if you drill down and focus on a narrower niche within agriculture, you may not have a big enough target audience to support an active forum.

      The good thing about targeting those in agriculture is that it's a B2B environment rather than a B2C environment. If you have something that'll solve a problem for their business at an acceptable ROI, there is a lot of profit potential. The purchasing power in the agriculture industry is HUGE.
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  • Profile picture of the author brettb
    Stuff like farm machinery is big business. But it helps if you have some experience of the industry. Doing some sort of course at your nearest agricultural college will help you find all kinds of opportunities out there (I did my degree at one).
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  • Profile picture of the author sharonreece
    You would definitely have to narrow it down to a smaller sub niche. There are lots of options of small niches that people would be interested in and that would be profitable. Hope you have great success in whichever one you choose.
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  • Profile picture of the author Caitlinz
    Yes it is. Though people do not take their credit cards very often in this niche, still there is lot of money to be made in this niche. Latest farming techniques, solutions to crop diseases can work well. Tilapia, shrimps farming also have a market associated with them.
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  • Profile picture of the author markgaperl
    You should target a sub-niche in the larger niche. There are many things to cover when it comes to agriculture from what to grow when, how to get best value for your crop; best quality farming, organic farming.
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