So, you are thinking of getting into the eCommerce space or expanding into it, and you are wondering which eCommerce business ideas to pursue.
But before we choose a business idea, you must first understand what matters. The soul of any business in eCommerce is these three things:
- Offer a superior product
- Need Marketing for what you are offering
- Deliver top-notch Customer service
You see, offering your customers crappy products or poor customer service won’t allow your business to last long in the market. Save yourself the trouble, don’t even start that business.
A superior product is not enough to get money out of your prospective customers’ pockets. You need marketing too.
There is a sea of Ecommerce business ideas out there.
How do you know which one to pick over the rest?
First, you need to analyze your interests, your strengths, and skills. That will help you understand if your passion aligns with a particular business idea.
Remember, your business idea is not going to be one that has never been in existence before. Others before you have done it.
So, what makes yours different?
Your business needs that one thing that differentiates it from the competition. It could be about the lowest price, highest quality, or whatever else it will take for your business to attract and retain customers.
Here is a list of ecommerce business ideas with a great opportunity in 2021 that you can choose from depending on your passion and skills:
AR/VR Apps and Accessory Store
Now that you want to get into the eCommerce business, you too should invest in AR/VR to help give your customers a great shopping experience and ultimately increase your sales.
The more you offer your customers a brick-and-mortar experience in the online context, the higher your chances of increasing your sales.
The growth of the eCommerce business has caused an increase in demand for Augmented/Virtual Reality technology. This technology helps to minimize doubt when making purchases online, consequently increasing online sales.
The sale of VR/AR is likely to hit $108B by the end of 2022.
Smart Home Products
Heard of The-Internet-of-Things?
Well, that is where the world is today.
When you come home after a long day’s work, it’s easy to wish that things could happen by themselves.
What if they did?
Imagine your home “coming alive” to your garage door opening up. The air conditioner automatically turns on, and your smart speaker starts to play your favorite tunes to set a relaxed mood.
Sounds like a dream, right? It is not.
Taking up this business idea will offer that kind of convenience to your customers.
Smart home devices’ sales are likely to grow to 1.4B by 2025.
3D Assets Stores
3D models are in high demand for videos, graphics, and games. Businesses are also investing in 3D models because they drive sales better than photos.
Customers appreciate being able to view products from every angle to buy products with more confidence. Real estate has embraced 3D technology giving rise to its high demand.
The 3D Asset market is likely to grow by 20% between 2021 and 2026.
So many people out there run businesses with no knowledge or time to market them.
If you have digital marketing knowledge such as SEO, why not make some money out of it. You can offer it as a service to your customers and charge them for it.
The more people keep getting into entrepreneurship, the more the demand for digital marketing will increase.
We are past the days when voice calls were exciting. Now, we want to see who we are talking to, including those who come visiting our homes.
Video doorbells work as security devices, and their quality night vision will go a long way in increasing your sales.
Online Learning Platforms
As the internet continues to become more accessible, people are changing a lot of how they used to do things. Online learning platforms are replacing the traditional learning that used to take place in a classroom setting.
People are always looking for quality and convenience. If you can offer those two, then set up your eCommerce business and start making some money.
After you have everything set on your eCommerce site and customers keep coming in, you only need to sit back, relax, and wait for the money to start rolling in.
In 2021 choosing an eCommerce business idea is about looking at three things:
- The latest innovations
- The current upward trends
- The ever-green products
As long as the idea you pick covers one or all of those factors, your chance of success in the eCommerce space is high.
Pick one of these ideas and turn them into the most profitable eCommerce business.