Why are all niches in freelancing not lucrative?

Btaliat

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Many may ask why all niches in freelancing are not all lucrative. There is no two-way answer to that than the demand for a particular niche determines the rate at which such a niche will become lucrative. The rate at which niches are demanded truly differ, therefore, being lucrative as well may be very different. There are some niches that also costlier than the other maybe because of its nature. All these make all niches not to be lucrative the same way.
 
Not every niche is lucrative because demand supply and client budgets differ Some skills are common so competition drives prices down Others need years to learn or have few buyers If a niche does not solve an urgent problem for businesses people won't pay much for it no matter how good you are.
 

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