To make a company profitable, what matters more than anything else is the original concept.
Getting your online store off the ground is much easier when you have a clear vision for it. Most importantly, which goods should be marketed?
We looked on the Internet for examples of successful online stores and compared them based on how innovative they could be, how relevant they were to the market right now, and how likely they were to be successful.
Here is a list of the top e-commerce businesses that are worthwhile of your time and money and provide fantastic chances through 2022 (and beyond!).
#1: The Fashion and Jewelry Niche Market: A Prime Case Study
No matter how successful a company gets, there will always be a need for specialized goods. But in 2022, there will be more online shops that only sell certain things. The advancement of technology, such as beacons, robot-managed warehouses, and drone delivery systems, will result in a surge in local eCommerce niche segmentation. Specialized eCommerce sites that show off new jewelry designs or serve a large audience must be up and running right away. For instance, check out Onychek, a global fashion platform that features African tribal patterns.
#2: Smart Home Accessories as a Business Idea
The number of online stores selling smart items is low despite rising demand. In the last year, at least 40% of American millennials have used a smart home speaker. As one of the cutting-edge eCommerce concepts, this one is expected to bring in $99.41 billion in sales in the US alone by 2025. Organize your web presence in this promising field now.
#3: Store Selling Augmented and Virtual Reality (AR/VR) Equipment, Apps, and Accessories
It’s too bad it took this long for AR and VR to enter the mainstream market. However, as early adopters saw the benefits, the demand skyrocketed. This indicates that more businesses will invest in and build AR/VR apps in the next few months since VR/AR sales are expected to reach $108 billion by the end of 2022. You could help promote cutting-edge technology that is about to become a major player in the online retail industry.
#4: Vape Accessories, Flavors, and Liquids - Niche Examples
As vaping becomes a more popular hobby, the industry around it is quickly turning into a very lucrative business opportunity. Although there are hundreds of online vape shops now operating, there is a lack of neighborhood shops serving the vaping community.
#5: Online Learning Platforms - Entrepreneurial Opportunity
If you’re about to say, “But there are already a lot of education portals out there…”, keep in mind that supply and demand determine the level of competition. Seeing as how online education systems are still developing, now is a wonderful time to get in on the action. Keep in mind that there will be a growing number of pupils seeking innovative approaches to get access to learning materials. Going forward into 2022, there is a great deal of flexibility in terms of the type of academic, occupational, or other specialization you choose. Consult with eCommerce specialists if you’re at a loss for inspiration.
#6: 3D Asset Stores as a Potential Business Model
Over the past three years, Unity, a popular 3D game engine that works on multiple platforms, has built its own asset store. There has been a rise in the exchange of 3D graphics for use in video games and augmented reality and virtual reality apps. Fortunately, you can open your own 3D component shop by stocking it with files made by other developers or (even better) by creating your own. Assets might be offered for purchase or as part of an ongoing subscription service.
#7: A Niche Example: Hoverboards, Electric Scooters, and Skateboards
More people than ever are riding electric scooters and skateboards. There are a lot of people in this sector who are fans and are always on the lookout for new, high-quality products. Getting goods from the people who make them to the people who buy them is a big challenge in this sector. or. With drop shipping, you may get started selling in a specialized market for a lower initial investment.
#8: Foods & Groceries Online - Ecommerce Business Ideas
Online grocery shopping is a competitive market where you need to have good relationships with your vendors and work hard to grow. But because the items are so different and there are so many potential customers, this sector will continue to be a good idea for an e-commerce business for a while. You may help your company and the community at large by taking advantage of the growing trend of sourcing locally. It’s fine to ease into selling just regional goods by stocking a modest selection at first. If you want to make as much money as possible through e-commerce, you may decide to grow your business as it does well.
#9: Specialty Subscription Boxes - Specialty Example
Sites that offer subscription boxes have seen their revenue climb by an astounding 800% over the past three years. Even in places where there are already established players, the fact that people want new things gives you a chance. Because subscription boxes are easy to use, many people have signed up for different services in specialized areas.
#10: Enamel Pins - Product Idea for Ecommerce
If you can find a lapel pin maker, it will be worth it to start an enamel pin business in 2022. It’s up to you if you want to specialize in one type of design for your custom enamel pins or cater to clients as they walk in the door. They also sell well on marketplaces, where several sellers can list their items.
#11: Selfie Drones as a Potential Ecommerce Product
Selfie drones have quickly become one of the most popular items sold online. Every day, more and more people find ways to use this product, from drones that deliver packages to farmers who keep an eye on their crops to aerial photographers. Selfie drones eliminate the need for awkward selfie sticks by allowing users to take photos from above or below. MarketWatch says that between 2020 and 2028, the global market for selfie drones will grow at a moderate compound annual growth rate (CAGR).
#12: Ecommerce Product Idea: Smartwatches
Global smartwatch sales in 2018 totaled 141 million devices. Almost 19 billion dollars in global sales was the peak of the smartwatch market in 2018. According to Allied Market Research, the worldwide smartwatch market was valued at $20.64 billion in 2019 and is expected to reach $96.31 billion by 2027, growing at a 19.6% CAGR between 2020 and 2027. Smartwatches, which can be used for things like tracking your activities and keeping track of your schedule, are likely to become more popular next year as people start to use their new features. You can be sure that this idea for a business will be a big hit in 2022 and beyond.
#13: Dash Cam as a Business Concept
Starting a business selling dashcams is a smart move, and the market for them is expected to grow as more and more people discover their usefulness and the viral potential of the devices. The UK had a 918% surge in sales of dash cams in 2014. In addition, insurance companies frequently regard dashcam footage as credible evidence of claims. Grand View Research predicts that between 2021 and 2028, the global market for dashboard cameras will grow from USD 3.2 billion in 2020 to USD 6.3 billion.
#14: Video Doorbells - Business Opportunity
Video doorbells have recently gained popularity and have become a popular business concept. It’s only natural that, as video calling becomes more commonplace, people will want to know who’s knocking at their door before opening it. If it also had excellent night vision, it would be perfect for use as a security system.
#15: Baby Rompers: A great idea for an online store.
Baby rompers are adorable. Everyone likes them, which is why they’ve proven to be a terrific product with high search volume. Baby rompers are a great addition to any online shop that sells clothing for infants and toddlers.
You may also easily market pregnancy items. If you’re looking for some variety, you may try selling children’s apparel or baby toys. The more options you give parents, the more likely they are to make a purchase on your e-commerce site.
#16: Face Masks - A Potential Ecommerce Product
You shouldn’t pass up the opportunity to cash in on the rising demand for face masks by starting an online store to offer them. You may see a lot of masks during this season as more and more individuals try to differentiate themselves from the crowd by purchasing items with trendy and fashionable designs.
But keep in mind that the main purpose of a face mask is to keep you safe, so you should use strong materials. Do not sacrifice practicality for style.
#17: Kitchen & Dining Mats - Ecommerce Product
Although selling kitchen and dining mats isn’t something that immediately comes to mind, once you realize the potential profit in the market, you’ll want to get in on it.
There are many kinds of mats to choose from, from plain plastic to cloth with different patterns. Online product sales make it simple to enter a market. It’s much easier to grow a business and bring in new customers when one of your first products already has a loyal following.
#18: Personal Safety Equipment
There are plenty of other types of personal safety items that are ripe for e-commerce startups besides face masks. It’s becoming increasingly common to see individuals shopping for protective gear like goggles and gloves made of latex. If you know a reliable service provider, you should definitely think about applying for this job.
#19: Digital Marketing
You’re not selling a product here; you’re providing a service. Services related to digital marketing are in high demand, and the industry is only expected to grow. Search engine optimization skills or skills in any other area of digital marketing will be useful right away.
You can generate some extra cash on the side and maybe even land some regular customers this way. Today, more than ever, companies require the assistance of digital marketing specialists in order to increase traffic to their websites; this is a field in which you can always find work.
#20: Coaching for Online Fitness
Right now, one of the best things you can do is provide online fitness coaching lessons utilizing an alternative to Kajabi. What a brilliant concept for an online store! Since some of the gyms all around the world are now closed, now is the perfect moment to profit from this niche market by developing a web-based teaching platform and starting to give online fitness coaching courses.
There are a growing number of private instructors providing this service, and you may take advantage of them. Offer at-home exercises to build a fan base and get the word out before you launch a full-scale advertising campaign.
#21: Natural Products as a Business Idea
Customers are becoming more aware of their lifestyle choices, which is making them more interested in natural and organic products.
You may start selling natural items online to help people lead healthier, greener lives. There are no signs that this mania will cease any time soon. So, if you want to make money, start selling everyday products that are made with safe and clean chemicals for cleaning, cosmetics, and personal hygiene.
By 2027, the natural cosmetics market is expected to be worth $54 billion, up from $36 billion in 2017. These days, people are more interested in buying organic and all-natural food products. The organic food industry in the US expanded by 6.3% in 2018 to reach $52.5 billion. Therefore, if you’re looking to generate money on the web, this e-commerce company is ideal for you.
#22. Pet Foods - Business Opportunity
The American public has a penchant for lavishing lavish expenditures on their pets. Between 2017 and 2027, the pet food market is expected to be worth USD 127.21 billion, representing a 4.60 percent CAGR. (2020-2027). When it comes to pet food, statistics like these speak for themselves.
In 2021, the total value of the pet care market was estimated at $103.6 billion. If you want to start an online business that has a decent chance of success, selling pet supplies is a great field to enter.
You can make money by selling snacks, comfortable beds, and toys, among other things that people want. You may get exercise hoops to help your dog stay in shape, decorative coats to keep your pet warm, and difficult toys for aggressive chewers.
Products can be developed to alleviate problems experienced by either pets or their owners. Find a part of the market that isn’t being served well enough, and focus on making those customers happy to make the most money.
#23. Bridal Supplies - a Promising New Market
Sell wedding-related goods including one-of-a-kind guest books, fresh or silk flowers, handmade bridal dresses, centerpieces, tablecloths, candles, veils and hair accessories, jewelry, bow ties and suits, bespoke cakes, etc. to get into the wedding market.
Bridal and attendant gift boxes, as well as bespoke boxes, can be sold. By 2022, the United States market for wedding dresses is expected to grow to $43.5 billion.
If you want to get into this very profitable business, you should advertise your online store on social media sites like Instagram and Pinterest. By going to local wedding fairs, you’ll have great opportunities to meet new people and show off your products.
#24: Subscription-based models
There’s a compelling reason why a growing number of businesses are switching to subscription models that charge at regular intervals, like monthly or quarterly. It’s a simple method for ensuring regular payments from patrons. According to 2019 research, subscription-based revenue has increased by more than 300 percent over the last seven years.
Multiple types of online stores can benefit from subscription models. The agreed-upon amount is charged to the customer’s credit card on file with each subsequent shipment, which is usually every month but could be every week or every three months. The consumer will either receive the ordered physical product(s) or have access to the ordered digital product(s) and/or online platform(s) after making a purchase and having their card processed.
The potential for growth is enormous with this online store concept. Products like personal care items like razors or toothbrushes as well as enjoyable items like cosmetics, apparel, and other items are perfect candidates for subscription models. Several of these services provide access to digital content: Subscription services have helped many industries, from music and movies to online forums and even e-commerce sites like Amazon. You stand to gain and save a substantial sum of cash if this strategy is successful. After all, it costs five Bringing on a new client costs four times as much as keeping an old one. In case you were wondering, Amazon’s quarterly subscription revenue in 2018 was over $1.4 billion.
#25: Affiliate marketing
Affiliate marketing is another low-cost e-commerce business idea. For those who have already established themselves as experts in their field online, this might be a simple method to increase their income. A sort of marketing called affiliate marketing enables people to promote other businesses. Affiliate programs (also called referral programs) allow you to join up with companies whose products and services are a good fit for your audience. Fashion bloggers may, for instance, work with major retail businesses to market their clothing. Bloggers and people on social media can help their readers save money by letting them know about sales and discounts on the clothes and shoes they write about and linking to the items or giving them discount codes.
Affiliate marketers may monitor the traffic and revenue they drive to a company by using unique links and codes. The brand will then pay the content producer a fee in exchange for their efforts. Working with businesses that don’t fit in with your brand and target audience might make you look fake. If a fashion blogger was always trying to sell her readers on the newest in camping gear or personal finance software, she would quickly lose their interest.
However, other writers and artists may find those items particularly useful. Affiliate marketing is a great way to make money online if you already have a popular business blog or website.
Let’s say you want to start an online store that sells physical goods, but you’re hesitant to put money into product design, sourcing, and production. Then there’s the issue of stocking and transporting goods. Dropshipping is a fantastic option for streamlining the sales process. Being a drop shipper means you’ll be selling items to clients that will be shipped directly from the manufacturer or supplier. In exchange for a cut of the profits, you won’t have to risk your own money on a stock that might not sell (though there may be some initial expenses).
The global dropshipping market is expected to grow at a CAGR of 28.8% between 2019 and 2025. By working with big retailers, you can use their large infrastructure, which includes warehouses, faster and cheaper delivery options, and more. This online retail business doesn’t need much money to start up, so it’s a good way to test the waters in the sector.
#27: Do what Amazon is unable to do
Starting an online store could seem like a risky venture at first. No one can hope to compete with Amazon. OK, so here’s the deal… Obviously, you can’t. Neither should you.
If a product is available on Amazon, customers are more likely to buy it there than on your eCommerce site. Since they are familiar with and have confidence in Amazon, it is the company they will always choose.
For this precise reason, you should avoid competing head-on with “the everything shop.” To compete with Amazon, you must provide your consumers with something they can’t get anywhere else: a curated collection of superior items from certain niches.
For what reason do cheese connoisseurs gladly shop at pricier artisanal establishments? Because they are picky cheese eaters who demand only the finest grass-fed raw milk specialty cheeses. In addition, they will be willing to pay more for it.
That’s the kind of profile you want to aim for if you’re running a small company. Amazon is like a supermarket, but online. One of your goals should be to become the online equivalent of a specialty cheese shop.
Look for a market segment that can support your online store. Learn as much as you can about the market. Make sure you have a firm grasp on who you’re selling to. Wrap your discoveries in a unique online purchasing experience that customers can’t find on Amazon.
#28: Reselling fashion
When sellers first start out in this specific e-commerce industry, they frequently do so by reselling their own goods that they want to get rid of. ThredUp and Poshmark make it easy to Not only can you resell your gently used clothing, but you can also easily build your own website using one of the many web builders available.
The most dedicated people who sell used clothes and accessories get their items from thrift stores and consignment shops, where they can find one-of-a-kind items at very low prices. Although this has been done before, it is experiencing a renaissance because of the current trend of minimalism and the pursuit of “pleasure objects.” In 2018, the used clothing market was worth an estimated $24 billion.
#29: Travel services
Everyone is on the lookout for an exciting vacation, so why not cash in on the trend? As e-commerce was started by Deloitte, hotel bookings increased from $116 billion in 2009 to $185 billion in 2017, as e-commerce was started by Deloitte. Airline revenue also increased significantly, from $155 billion to $222 billion. It’s a good moment to launch a vacation-planning company. You could help people plan trips, give good advice, publish useful tips, or sell travel gear like bags. Travel businesses conveniently provide affiliate programs. If you join their affiliate programs, Airbnb, Booking.com, TripAdvisor, and Skyscanner will all give you money or credits to use their services if you join.
#30: Creative services
Can you think outside the box? Do you think of yourself as an expert when it comes to making logos, writing copy, and arranging flowers? You seem to have a creative streak and some marketable abilities that you may use to make money online. Many artists and designers now have websites where they sell their goods and offer their services to the public. Creative professionals such as designers, photographers, and writers may use the internet to advertise their services and sell any finished items they have created. For instance, an online store is a great way for a web designer to provide both custom website designs and pre-made templates at reduced prices.
#31: Technical assistance
Possibly you just aren’t a creative person. However, you may make money online if you have a set of technological talents that others need. I was wondering whether you offered technical assistance. To what extent do you excel in computer programming? Possibly you’re able to make money off of the program or app you’ve developed. Even if your product can only be bought online, you can start a successful e-commerce business. Thankfully, there are no further costs for creation, stockpiling, wrapping, or transporting!
Invest in a Stable E-commerce Platform to Launch Your Business!
If you have the drive and ambition to launch your own e-commerce business, the first step is to narrow down your options to one or two promising businesses. If you’re trying to decide what to sell online, the list of 31 successful options provided above might assist. However, no company venture can be successful without first conducting extensive study and preparation.
What really matters, though, when it comes to online sales, is a solid platform. If you want a simple, turnkey solution for setting up your online store, look no further than Ceymox Technologies. We are having a team of experience developers, designers, and Quality Analysts with a profound experience in almost every industry. Let us know your requirements.