Always E-commerce businesses can be really successful in case you have the right business idea. A common pitfall is to get the right idea and inspiration to start an e-commerce business. Several new online stores are launched every year. However, not all of these new ventures are successful.
In fact, many online stores get closed owing to poor leads and poor revenue performance. At the end of the day, no matter what business you start, you want your e-commerce store to generate revenue. There is a certain initial investment that is required to start an online store. It would be worthless in case you are not able to generate enough revenue from your online business.
Below is the growth trend for e-commerce business:
Brainstorming to get product ideas is one of the biggest challenges that most online stores face. Also, while starting an online store you would have to evaluate your competitors. Click To TweetTo get business ideas you can do one of the following:
- Market survey to understand what customers need. Use tools such as AdWords.
- Focus on 2 or 3 profitable niches that can be used to build your online store
- Check market performance, revenue generated for similar products
- Check review websites
- Always check competitor market presence and strategy
Finally, thinking out of the box and tons of creativity is needed to get a profitable e-commerce business.
Over here we will see some of the successful business niches along with top-performing online stores. This can help you get your next business idea inspiration.
Top-Performing E-commerce Business Ideas
Natural Skin Care products
Many people, men as well as women are increasingly becoming conscious about using chemical-based cosmetics. To avoid chemical effects on the skin, many people are switching to natural products.
Such products see an almost 10% growth rate. You can think about choosing private label manufacturers. This is a business which already exists. However, this is a profitable business idea. Day by day, as you establish the credibility of your brand, you can grow your sales.
One such example is as shown below:
There is a wide range of innovation that can be added when you choose natural skin care products. You can also provide baby care products.
Another such example is as shown below:
As an added option you can also start a purely ayurvedic or nature-friendly product. Another alternative is to start a marketplace wherein you can showcase multiple such brands.
One such example is as shown below where Nykaa is a marketplace:
Rental Services for Fashion
This again is a unique proposition wherein, you can have a store that can provide rental garments or any other fashion accessories. There are several high-end brands that may not be a feasible option to purchase or you might need some items for just one-time use.
For such people, this is an ideal option. Customers can simply select a brand, select an accessory and rent a product. One such example is as shown below:
Such stores can give a grand selection for apparels. Another similar example is as shown below:
You can even provide a subscription service. Rental services are gaining immense popularity.
Another good option is to start a store that sells organic food. Many people prefer using organic and natural food items. While there are online grocery stores available, you can launch a store. Selling organic groceries can be profitable.
You can increase your sales by having an alliance with people who manufacture organic food. One such example is as shown below:
Another similar example is as shown below:
As an alternative, you can also focus on certain allergy ingredients. For instance, below is an example that provides all gluten-free food.
Jewellery designing, especially handmade jewellery is something that is trending. You can add a lot of creativity to handmade jewellery. Unique jewelleries available can make your store increase sales. One such example is Onchek which provides handbags and other accessories inspired by African tribal art.
Over here as well, you can provide eco-friendly jewellery. This is a great alternative to open your online store.Similarly, there are multiple handmade products such as handmade paper that can be sold.
Another similar example is as shown below:
Online learning is getting increasingly popular. People find it easier to attend online tutorials. One advantage is, its accessible from any part of the world. In case you have knowledge about a specific topic you can start your own learning platform.
You can also hire online tutors to take certain courses. A cost-effective online store, learning platforms can be really profitable. This can be across diverse subjects. One such example is as shown below, that also has a free trial.
It’s hard to learn certain skills, and in such cases, learning platforms can be really beneficial. You can also start a platform that focuses on certain kind of skills such as technical skills. One such example is as shown below:
Combining such platforms with learning apps can be profitable. People prefer portable learning platforms.
Digital and creative printing for books, business cards, invitation cards, greeting cards, shop boards is yet another profitable business idea, provided you can hire the right skillsets. There is a wide range of needs people have when we speak about digital printing.
To start this, you do not require too much initial investment. One such example is as shown below:
You can include diverse products over here. You can also extend your printing services for shopping bag printing and textile printing. One such example is as highlighted below:
You can extend your services by offering 3-D printing services. 3-D printers are more expensive as compared to conventional printers and hence people prefer to shop when they have any 3-D printing requirement. One such example is as shown below:
Baby products are not doubted very popular. Natural baby products can be really profitable. You can start an online store that can sell baby products. While you have Firstcry available, which is popular for baby products, people still prefer options.
You can either have your own products or sell white labeled products. Either way, selling baby products can be beneficial. New moms are unusually conscious and like to use organic baby products. One such organic store is as shown below:
Another similar online store is as shown below where you can also avail their subscription services.
Disposing of home trash or warehouse trash can be tedious at times. Getting the right people to recycle this waste can be a challenge. A bigger challenge is to have someone come to the location and get the trashed picked up.
For such services, you can start a trashcollection service. People look up to such services in order to ensure the waste is disposed of in an appropriate manner. One such example is as shown below:
Starting an exclusive business waste collection service can also be profitable. An example is as shown below:
Clean up Work
Cleaning of house, workshop or fixing of things is another business that can be successful. There aren’t too many online stores that provide such generic cleaning services. This can include home repair services, electrician, plumbing services, a salon at home, etc.
One such example is as shown below:
Services such as providing a keto diet can be another profitable business. People are more diet-conscious, however, do not have the time to prepare the required diet food. Online stores providing such services is a great option.
You can focus on one food type and also allow subscription-based services. One such example is as shown below:
Gift services are something that’s common, however, it’s a profitable online business idea. People love choices when it comes to choosing gifts. To add on, you can also incorporate services such as selling special occasion customized cakes or florist services.
Basically, anything related to gifting services can be added. To this, you can also include corporate gifting. Such an online store can have several ways to increase sales. One such example is as shown below:
To such services you can also add wish list that can be seen by other contacts. So that the contacts can view the wish list and make an appropriate gift.
This way you can add a more creative touch to such online stores. Another similar example is as shown below:
Providing interior designing services is another unique proposition. While you have ample of online stores that provide furniture, there aren’t too many interiors designing services available in the market. One such example is as shown below:
In case you have the expertise, then you can also focus on commercial interior designing. An example is as shown below:
Getting the right online interior designing services can be challenging. So, many people do look forward to such interior designing based services. You can provide in-house consultation services as well.
Also Read- Most Profitable Small Business Ideas
Finding the right online store business idea at first seems challenging. However, thorough market research can let you know better what people need.
Using AdWords to understand what people search can be a great way to get your next business idea. Click To Tweet Adding innovative and creativity to existing online store ideas can make your business profitable.
Similarly, you can think out of the box and get a profitable online store business idea.