Ecommerce has many benefits over traditional business models. For starters, many small ecommerce businesses don’t require a brick and mortar presence to attract customers. Many ecommerce small businesses can be operated from the owner’s home. However, even in the world of ecommerce, some businesses stand the chance of being more profitable than others. If you’re looking to get into an online endeavor, here are ten incredibly profitable small business ideas to consider.
1. Beauty Box Delivery Service
Women love to try new beauty products, but they often can’t afford to purchase full sizes of the latest products. With an online beauty box delivery service, you can supply women, who make up at least 50 percent of the population, with sample sizes of the newest available beauty products.
2. Gift Basket Service
The beauty of a gift basket service is that you don’t have to purchase inventory before you sell it. Almost everyone can use a gift basket at one time or another. You can specialize in custom baskets for college students, parents and grandparents, for almost every occasion.
3. Children’s Apparel
New parents have very little time for shopping, yet babies and young children quickly grow out of their clothes. Come to the rescue with a monthly children’s apparel ecommerce site, where parents can subscribe for automatic deliveries.
4. Online Advice
With an ecommerce site that sells advice, your needed start up capital is almost nil. All you need is a website, a telephone line and a billing system so you can charge in timed increments.
5. Bulk Supplies
Are you able to get your hands on bulk craft or hobby supplies? If so, you can make a fortune repackaging the bulk items into more affordable sizes that DIYers will swiftly buy up. Ideas include soap making and jewelry making supplies.
6. Hobby Subscription Service
If you have a knack for putting together hobby kits, why not turn it into a profitable online business? Each month, you can mail out a new craft kit to your ecommerce subscribers.
7. Marketing Services
If you have a way with marketing, you can provide SEO and marketing services to other small and medium sized businesses. New business owners don’t necessarily have the know-how to figure out the marketing industry. Your startup costs would be very little, while your profit margin is huge.
8. Virtual Assistant
If you know how to do research and can type fast, you could be a virtual assistant. Individuals and large corporations will pay well for a personal virtual assistant, and all you need to get started is a website.
9. Accounting and Tax Preparation
With an accountant’s degree, you could work for yourself. All you need is a website and a it of marketing to get started. Clients ranging from individuals all the way up to mega-corporations need accounting and tax help.
10. Affiliate Marketing
As an affiliate marketer, your website would feature other company’s products or services. When your site visitors buy any of those items, you get a percentage of the sale. There’s no inventory, no shipping, and no direct contact with customers. Your percentage is nearly pure profit.
While each of these ten ideas are highly profitable, you should choose one that you most feel excited about. Being in the ecommerce business is always better when you're doing something you love.
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