It’s 2023, and the business climate is constantly changing. What worked yesterday might not be successful today, so every business owner needs to keep up to date.
It’s important to note new tendencies, implement modern technologies, and above all – seek feedback from customers, and try to deliver on what they want and need.
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11 eCommerce Business Ideas to Try in 2023
- Affiliate Marketing
- Handcrafted Items
- Subscription/Mystery Boxes
- Online Learning
- Natural Beauty Products
- Online Food and Grocery Orders
- Custom Tailoring Service
- Travel Services
1. Affiliate Marketing
Affiliate marketing is one of the easiest to start and the safest of business models. In terms of eCommerce business ideas for beginners, it’s also very appropriate, as the affiliate model allows you to pick almost any niche and start earning money.
One of the most essential tasks is to get traffic flowing to your affiliate website. Once you have a high number of users coming to your site, you can start earning revenue from commissions.
Naturally, there’s no guarantee that you’ll succeed, but as we said, it’s a safe business model, where you don’t need to invest in products or services.
2. Handcrafted Items
Did you know that handcrafted and handmade products stood at a market value of $704.7 billion in 2022?
What’s more, the forecast for the next five years is that the market will only grow, with an expected $1376.12 billion by 2028.
Here are some of the product types you can sell:
- Pottery and glassware
- Woodworking products
3. Subscription/Mystery Boxes
Subscription/mystery boxes have been a rising trend over the past few years. They are fun, can be personalized, and carry the thrill of not knowing what you’ll get.
The Covid-19 pandemic, along with the lockdown, only accelerated the subscription box idea, and it is forecasted to reach £1.8 billion by 2025.
The best part is that you can create boxes for a lot of niches – books, fashion, retail, technology, etc.
4. Online Learning
Again, as we spent a lot of time behind closed doors, online learning became ever so popular. The online education market is expected to reach more than $300 million by 2028, so now seems the right time to start such an online business.
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Besides, it’s kind of an evergreen eCommerce project idea, as people will always have the need to learn.
5. Natural Beauty Products
Think of products like essential oils, organic skin-care cosmetics, or organic food. Such items are definitely trending, and logically the market is expected to grow to $13.4 billion by 2032.
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NFTs or non-fungible tokens include digital assets like music, games, art, and videos. Keep in mind that some NFTs have been sold for millions of dollars, so it can very well be a highly lucrative industry.
Next in our list of eCommerce business ideas is actually not a product. That’s right, you can have an eCommerce business selling services, as well!
If you have the appropriate skills, you can easily turn them into a profitable business. For example, you can offer:
- Search engine optimization
- Web design
- Content writing
What makes this an awesome business endeavor is that you are able to start it on the side, spending a couple of hours a day at it, and eventually it may into a full-time job when you’ve gained enough experience, and clients.
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8. Online Food and Grocery Stores
Ordering food and groceries online is so convenient, isn’t it? It saves customers time in preparing meals or going to restaurants to pick something up to eat.
You might argue that dozens of similar sites already exist. That shouldn’t stop you from trying, though. Simply offer excellent service, and add something that will help you stand out from the rest, like discounts, for instance.
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9. Custom Tailoring Service
Every year, US consumers spend $180.5 billion on fashion and apparel. One of the best eCommerce website ideas, however, is to not just resell clothes, but handcraft them, instead.
First, this will make you unique, and stand out from the crowd. Furthermore, as we’ve mentioned above, handmade products and services are preferred more than ever nowadays. Not to mention, you will be able to sell tailored items for a higher price, and generate more revenue.
Of course, in case all this sounds too complicated for you, you can always rely on the old-fashioned way of simply buying large quantities of clothes, shoes, etc., and then reselling them for profit.
Are you passionate about taking pictures? Have you ever thought about making money out of your hobby? Yes, it’s quite possible. One option is to upload your photos to websites like Shutterstock or Adobe Stock, where you will get to earn cash every time your photograph is licensed or downloaded.
You can also build your own website, offering already taken photos, as well as photography as a service. If you manage to establish yourself as a good photographer, you will get tons of requests for custom photoshoots.
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11. Travel Services
Another industry that seems to be successfully recovering after Covid-19 is the travel industry. In 2022, global tourism arrivals grew by 60%, and it’s expected to continue to grow another 30% in 2023.
In other words, now is a good time to start a business in this industry. An additional major advantage is that big travel companies like Airbnb, TripAdvisor, and Skyscanner all have affiliate programs, which you can take advantage of.
There you have it – our suggestions for creative eCommerce business ideas to try this year. In case you’re already familiar with any of these niches, or even currently running one, do let us how it’s going.
Feel free to share your own eCommerce project ideas, and remember that we’re here to help, in case you’re having difficulties. Let’s talk eCommerce!
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