It is very hard to live a moment without internet these days. Not only does internet allow people to read news, seek jobs, connect with friends, watch videos, send and receive money etc, it even gives us power to conduct business online. It provides business fellowmen a platform that helps them explore new ways to connect and reach their customers at little cost.
Given the increasing penetration of internet and adoption of smartphones and most importantly growing dependability of people on internet for coutless purposes, starting a business in the ecommerce industry is one of the best decisions you can make today. Here are 5 best innovative and most profitable opportunities to help you start an ecommerce related business with low to medium investment in 2018:
1. Electronics webstore
Electronics is the most popular product category bought online these days. With people increasingly shifting towards online shopping, today can be the right time that you launch a website that sells smartphones, laptops, cameras, computer accessories etc.
2. Jewelry webstore
Despite being the most precious and costly, more and more women over years have shown an impressive trust on online portals for buying jewelry. Individuals particularly jewelry artists may hence consider creating a portal to sell jewelry online.
3. Apparels webstore
People can quite possibly give up everything but surely not clothing. While clothes aren’t as much shopped as electronics but certainly aren’t least shopped either. Before starting an online apparel store, make sure you research brands your community popularly loves to wear.
4. Ecommerce solutions
Think about providing e-commerce solutions if you have skills to create a website, shopping cart software, web hosting, web designing, merchant account etc to new startups and brick and mortar organisations that are in need of gaining online presence.
5. Online bookstore
Books are old companies of humans. Whether bought for study or entertainment or any other purpose, matter of the fact is books will always enjoy evergreen demand in our societies. Online retailing giants like Amazon and Flipkart ( Indian online retailer) even started with books later diversified into other product categories. You can sell academic books, fiction books, drama, mystery, horror books etc. in both new and used form.