While some would say focus on where the money is at, others will say just to “follow your passion. Most people have trouble figuring out what idea to pursue or what products to sell.
I have gone through different eCommerce idea that has proven to be successful in the online market based on their current trends, success rates, and disruptiveness.
I have narrowed down a list of top eCommerce business ideas worth your investment and time in 2021.
Best Ecommerce Business Ideas with Great Opportunities
1. Niche Product Market
You can sell niche, custom-made apparel products like jewellery, slogan T-shorts, etc. You will not need to invest also in the inventory upfront. Make plans for niche eCommerce sites where you introduce a specific style of t-shirt or jewellery to a wider audience. You can take inspiration from Onycheck, a fashion website that provides tribal-inspired designs from Africa to the world.
What makes this business idea successful is people will not get these items from Amazon. So you are offering something that people do not find in Amazon.
2. Online learning platforms
Due to the isolation for the pandemic, an increasing number of students are looking for unconventional ways to complete courses or get access to educational resources. All you need to do is pick an area of academic, vocational, or other sub-niches where you have expertise. This field is increasing in demand, so if the only problem you are having is a lack of ideas, talk to some eCommerce consultants.
3. Second-hand products
People do not mind getting second-hand products as long as they are in good condition. So you should start collecting second-hand items like gadgets, clothes, furniture, jewellery and post the pictures and details of the product on the eCommerce website. Since they are second-hand products, people will compare the original price and the price you are offering. So make sure you are providing these products at a reasonable rate. First, you should test the business idea locally and see how it does, and then you can expand your business further.
4. Selling books
You no longer need a publisher to start selling your books. You can either write the book by yourself or hire a ghost-writer to write it on your behalf. You will see a good number of copies getting sold if you write something valuable on any trending educational topic.
5. Online Foods and groceries
Due to the current lockdown or isolation situation, food shopping or online grocery have become common. Online foods and groceries has skyrocketed. You can use these ideas accordingly to your advantage. You can either choose to make the food by yourself or retail packaged food. However, you must educate yourself on the laws because retail food tends to be heavily regulated. The customer will expect you to deliver the right material they have orders and within a specific time.
Back in 2019, wearable markets were estimated to have $32 billion. As per analysts’ belief this field will grow at a rate of 16% between 2020 and 2027. Smartwatches can be a convenience for a lot of people. It can be easily linked to mobile phones so that you can easily take calls, answer messages, switch between tasks, set alarms, and succeed your phone’s digital assistant.
7. 3D Assets Stores
Unity, a 3D cross-platform game engine, launched their own asset store three years ago, and since then, 3D assets have turned out to be a hot commodity. There is a massive increase in the trade of 3D assets for AR/VP apps and games. Even you can be successful with this business idea by launching your own 3D assets either by taking assets from a third-party developer or making them on your own. After that, you can put them for sale or a monthly or yearly subscription.
8. Kid’s toys
Kid’s toys are another eCommerce niche that is gaining popularity. It is difficult to entertain kids when you are constantly battling with household chores and work from home. The elders can understand the situation and thus adjusting to a new lifestyle to avoid getting infected by the virus. But kids do not have the same understanding level and start having temper tantrums for not playing outside. Thus to keep them occupied, more and more parents buy toys to keep them occupied inside their homes.
Kid toys are something where demands will never stop growing, and thus, giving you an opportunity to earn big. You can take inspiration from the kid’s toys eCommerce site, Kidstuff.
9. Women’s fashion and jewellery
You cannot possibly go wrong with this eCommerce business idea. But as a niche seller. It is essential to narrow down to a more specific type of woman to improve your chances of gaining profits. The best part of selling niche fashion and jewellery is you can grow with your audience.
The best example for this niche area is PrettyLittleThing, where people get popular, trendy yet affordable items. They focus on selling more edgy and fun fashion items, which not many stores sell.
10. Fitness tools and sell programs
As per the recent data, the revenue of the fitness industry worldwide should reach $22 billion by the turn of the year. So if you are a fitness freak, this is your best scope to make some easy money.
We know everyone wants to get the perfect shape, grow muscles and abs, and you can help them achieve that. You can do this in two ways – offer online fitness coaching or sell fitness products. Of course, you can do both of them also if you can manage your time.
As we know, due to the pandemic, gyms are closed. Even though some are open, people do not feel confident about visiting the gym in such a situation. So you can use this time to open a Youtube channel where you can advertise yourself. You will need to present yourself as someone who has knowledge and expertise in gymming or workout. You can then upload videos of yourself instructing people and promote your products in between.
There is a wide range of workout equipment you can sell, including armbands, jump ropes, medicine balls, and even Fitbits and smartwatches. Although the field has tight competition, with the right marketing strategy, you can build your audience.
If you are planning to launch an eCommerce business soon, you can incorporate the ideas listed for you. You can start with any of the ideas you like, and with the right marketing strategy, you will see growth in your business in no time. But you need to remember having the best business idea will not be worth anything if you do not act on it.