Ecommerce has been rising for a long time, but COVID-19s disruption on the high street has erupted the ecommerce industry into something unimaginable.
With so many new online shops opening every day, we have created a list of eCommerce opportunities for hustle-ready entrepreneurs.
If you have a creative eye and some knowledge of any innovative software, selling digital assets might be the way. From Photoshop design templates to licenses for your bot software, the list of ideas for digital files is endless.
Digital files can be sold as individual files or as subscriptions, depending on the product. Moreover, it’s essential to provide as much information as possible to the consumer with any digital file so they know they are buying the suitable file. This helps prevent possible refunds and cuts down the customer service costs.
Custom Products with Print on Demand
The print on demand market is enormous. However, not many do it well. If you can incorporate custom products such as socks or t-shirts with people’s faces on them, you may have a chance of grabbing attention and potential customers. Even though there are many print on demand shops, there is still a gap in the market.
Psst… while print on demand is cheap, many services are unreliable, so consider your audience and the market before launching. They can cost you credibility as a business.
This may seem a bit odd, but plenty of people are looking for writers to help their blog or website grow. Thus, you could set up an eCommerce site with various blog service products. For example, you can offer packages on editing content and writing content. Blog content is a significant thing for businesses. If you can provide a service that solves that problem, you’ll have your key to success as a writer.
Vintage & Sustainable Business
Have a few old items to sell? Then this could be a great shout. With hundreds of vintage shops open online, the competition can be stiff, but there is always space for other items such as vintage clothing, artwork, decorations and much more. Moreover, it’s not just re-selling but also helping a sustainable future by decreasing the need to produce new for its sake.
Alongside your eCommerce site, we’d also recommend listing your products on Etsy, eBay and other similar platforms.
Subscription services are not an industry-specific idea but more of a model for your eCommerce business. By selling a product or service once, you are never sure of a returned customer. As a result, subscription services help companies retain customers even though they were initially never seen as subscription-friendly.
Possible ideas for subscription services could be a support platform for software, monthly printer ink, weekly toothpaste delivery, video game subscription package, car rental subscription and more.
If you need more help or understand how much you could make, use our subscription service calculator.