Don’t you dream of moving away from your 9-5 lifestyle and establish your empire?
Indeed, we believe it’s already on your mind, and that’s why you are reading this article.
But, if that’s the effect of a bad day you had or the adrenaline rush you are feeling because of another hour of overtime, give me a break.
Starting a business on your own is no fun game, and it will be more disastrous than this 9 to 5 job. You will certainly be your own boss and don’t have to do reporting on your tasks, but you will be messed up for sure. From ideas to planning on the budget, managing finances, and balancing your personal life won’t be that easy.
Suppose you are ready to have the ripen fruits of your hard work in the future and looking for an adventurous bumpy ride rather than your smooth salaried life. In that case, you are more than welcome here.
Now, we will be talking about the 5 successful business ideas that you can explore in 2020 to launch your ecommerce store.
● Fashion & Beauty
Fashion is one such industry that never goes out of business. Everyone tries their best to stay trendy and look flawless. Some of your customers may have a lesser budget for shopping, others may have more, but you will always have the customers at your store. That’s what makes fashion a number one business idea when you are planning to launch an online store.
A few years back, people were less likely inclined towards purchasing apparel & beauty products online. However, the trend has changed now. Even the retail businesses and renowned brands are launching their e-store to let customers shop their favorites from the solace of their home. If you are a manufacturer, you can launch your designs in the market; else, you can lean on the wholesale market to start the e-tail business. You can walk with brands and take their franchisee in your location after thorough market research.
● On-demand Printing
We are the part of the generation that loves the personal touch in everything, and that’s something that took on-demand printing by storm. Keep yourself updated about the renowned Youtubers, cartoonists, social media influencers, and even the movies that people are falling in love with.
When you are in love with someone, you want them to accompany you everywhere. Likewise, people love to carry those memories everywhere, and your personalized products can serve the purpose righteously. Think about your buyer personas and explore the industry. You will find the fans and influencers everywhere. Share their collection in your inventory and make them a fan of your business.
Even if you are thinking of starting your business and your job, on-demand printing will be the best shot for you. Call it a pocket-friendly business idea, as you literally don’t have to stock the inventory in your warehouse. Give shape to your ideas digitally, start marketing, and get the product ready only when you receive orders.
● Organic products
In India, we have been eating organic food and using organic beauty tactics for ages. The usage of pesticides came up with the advanced farming tactics to have seasonal products delivered for an entire year. Gradually, people got to understand that synthetically designing products are less fresh and have more chemicals. The chemicals can have a dangerous impact on your body and health.
You can now see the customers swarming like bees in the store for the same organic products that earlier we had available with ease. The manufacturing cost of organic products is really less, and you can earn a good profit margin by selling them. There is a whole new range of organic products right from soaps to eatables, and you can explore this category more to start with it.
● Handicrafts
Urbanization is vanishing the roots of our origin. Our present generation is influenced a lot by western culture. They will forget to pass on the learnings of our culture and traditions if you don’t do that. The blend of technology with traditional knowledge is a waking culture.
There is an artist in each one of us. All you need to do is, explore yourself, and find that crazy artist within you. If you are one of those people who love to create handmade gifts, design those tribal paintings, or lean on learning the traditional home decor products, handicraft is the right business niche for you.
If you yet to think about it, we suggest you give it a shot. What’s better than having to make money with the things that you love to do? Even if you are not passionate about it, maybe you can explore the market demand with this hobby business. For more motivation, explore the wide range of handmade and vintage products at Etsy & rethink about the worth of your artistry.
● Online Education Courses
You can get anything to everything on the Internet, and that’s not a false statement. The online education courses took the distance learning programs to the next level to educate people across the globe with a personal touch. Though people have recently started making their pace in the industry, the CoronaVirus outbreak gave flame to this idea. Now, businesses offering online education courses are making fancy profits month-on-month.
You can start by designing your syllabus, preparing video lessons, creating your e-books, and earn by selling them at your online store. You don’t need any fancy set up to start with this business idea; just start with your knowledge and blend it with your creativity.
We have just shared a handful of business ideas that are driving the market presently. You can also explore the evergreen business niches like jewelry, toys, electronics, kitchen wares, groceries, and daily utility products. We hope that this will help you make an informed decision to select business ideas for your ecommerce store.
Once you are done deciding your business niche, create your business plan, and register yourself at Builderfly to design your store. Select the startup plan and launch your store to reap the profits. Don’t worry about the technicalities. Our DIY ecommerce platform is easy to understand, and Builderfly’s detailed user guide can help you fix your queries, if any.
Need more information? Explore Builderfly and shoot your queries at support@builderfly.com.
