According to Statista, the ecommerce industry should grow to about 4.10 trillion dollars worldwide by the end of 2020. And given how many people continue to shop online, it appears that this growth is not stopping any time soon.
If you have been looking for ways to make money online, eCommerce website development is one of the best options at the moment. Moreover, there are multiple ideas that you can try and slowly gain experience. Even if your first attempt is not successful, do not worry and move forward.
You are bound to land on a niche that will provide you with a source of income. And the suggestions below will help you start.
Suggestion #1 – Custom Merchandise
Profiting from a print-on-demand store may take a while, but the effort is worth it. The need for custom merchandise continues to rise since people are looking to express their views by wearing custom printed t-shirts from Dallas tx, caps, or face masks. Custom mugs are another example, and they are a popular gift idea, even if it seems like a gimmick at times.
Building a POD project from scratch is not easy, but you do not have to invest too much. Thanks to available suppliers that offer quality products and a worldwide printing network, you can forget about inventory and shipping and focus on customer service.
Printing custom t-shirts or other merchandise with no minimum requirements on platforms like Printify makes it less stressful as you do not have to risk putting money on it.
You may think that the lack of graphic design skills is enough to prevent you from trying this idea. Do not worry. There are plenty of freelancers that you can hire and have them worry about design while you focus on promoting the store.
Suggestion #2 – Smart Home Appliances
Smart home appliances might have been an invention of science fiction some time ago, but the reality is quite different nowadays.
People are looking to simplify their lives by purchasing various devices, such as light switches, thermostats, doorbells, video cameras, or vacuum cleaners. And who knows what the future has in store in the next 5 or 10 years.
Dropshipping smart home devices is a good option since the market is not too saturated at the moment. Moreover, you can be one of the first to promote products that will come out in the future, giving you an even more significant advantage.
Suggestion #3 – Freelancing Services
Freelancer services are not something that people associate with an ecommerce business idea, but you can make money offering your skills.
Of course, a lot depends on your experience. You will need to impress potential employers before getting a job.
Some examples of popular services include SEO, copywriting, graphic design, video editing, data entry, transcription, and content writing. If you are good at these or have the will to learn, there is a career to be made.
Suggestion #4 – Handcrafted Goods
Many talented artists post their work on social media. However, they struggle to establish themselves as a business and sell the goods. You can be the middleman by getting in touch with creators and offering yourself as someone who manages the marketing.
Not all will agree to work with you, but some might. And if you create a successful venture and show your worth as a promoter of handcrafted goods, you may expect to have more artists join you.
Suggestion #5 – Natural Beauty Products
Brands are pushing natural beauty products for both men and women. Given the emphasis on looks these days, many people want to have the best possible appearance they can get.
At the same time, more and more of us want to use natural products. The competition can be fierce, and businesses are looking for ways to get ahead and dominate the market.
This is where you come in, offering your services as a dropshipper or someone who manages their marketing campaign.
Suggestion #6 – Online Courses
Online education is another industry that grows with no brakes. Thanks to platforms like Skillshare and Udemy, you can create a course and sell it.
Even if you do not have a background in education, picking a topic, and compiling information from multiple sources into a course should not be a problem. And these courses will sell so long as they offer value, though it would also help if you promoted them.
Suggestion #7 – Virtual Reality Gear
Virtual reality is not just a pastime for entertainment. Online stores are looking to implement VR and improve the overall shopper experience. Not everyone is keen to purchase a product if they cannot try it in person.
Medicine is another field that will benefit from VR. It is easier to train when you can create realistic scenarios without putting real people at risk.
IDC revealed that the worldwide spending on AR/VR in 2020 reached nearly 19 billion dollars. So if there is one niche to keep closer tabs on and try your luck, it would have to be virtual reality.