These days, people want something they can do from home, and people are making money from eCommerce businesses online. If you are looking for eCommerce business ideas you can venture into, then this article is for you. Here is a list of online business ideas you can choose from.
Have it in mind that when we say online business, or if you like, Ecommerce, it refers to a wide range of business ideas which can be done online. From physical products to information and data, there are a vast number of online business ideas out there to choose from. You just have to pick your preference, learn about it because you need to learn how to start an ecommerce business, and kick start your eCommerce business from there.
This is one of the easiest kinds of ecommerce businesses to get into. It takes the responsibility and stress of handling goods and managing storages off your hands. In drop shipping, your contact with customers is solely for the purpose of collecting money through PayPal or credit cards.
Everything else is on the supplier. Simply put, in drop shipping, you link an online website to what is called a drop ship supplier, customers make orders on your online store, your online store sends the customers’ order across to the drop ship supplier, and the suppliers deliver the order to the customer using location details the customer provided while placing an order.
Remember how the pandemic hit several countries from the continents of the world, and workers had to stay home, students, also? Some schools continued to take classes online, we even had students graduate from universities from home, and hold their graduation ceremonies, as well as receiving honorary speeches online.
Teachers and non-teachers who had knowledge that people were in need of became more interested in online tutoring, especially since schools were closed, and there was no other way to meet with students for private classes.
Teachers signed up to teach and sell courses online, and in turn, got paid. The pandemic may have gone down, but this is still an eCommerce business idea to venture into. In fact, there are many online tutors and tutoring platforms out there you can sign up with. Some of them include; Udemy, Coursera, Fiverr, Skooli, TutoMe. SuperProf, and Chegg Tutors to mention but a few.
You can also utilize your social media platform, set up online training sessions, and sell your courses. It doesn’t have to be an academic course, businesses and individual brands utilize this means to sell their value, professional advice online in the form of videos, private and paid classes on zoom, telegram, YouTube, and through eBooks. These are not the only options.
Freelancing covers a number of skills that can be outsourced in exchange for money. There is graphic and web designing and development, different aspects of writing—copywriting, content writing for websites, blogs, articles, ghostwriting business books, eBooks, fictional stories, editing, coding, translating, and several other skills.
The beautiful thing about freelancing is that you own your time, you’re your own boss, and you can decide to travel the world and still be able to do your job. You can work as a freelancer from anywhere in the world provided there is electricity and data available. Basically, a freelancer sells their skills to clients who are in need of those skills.
It’s a wonderful ecommerce business idea to consider. Another interesting thing about venturing into freelancing as an online business idea is that you can get offers from many clients. You can choose which client to work with, but importantly, you can become an outsourcer yourself. That means that you can take more jobs, outsource to other freelancers, pay them a stipulated amount, and keep your cut.
One of the most in-demand marketers presently is affiliate marketers. They stand between businesses who have products to sell and potential customers. Affiliates, as they are commonly called, convert potential customers to actual buyers. They talk potential buyers into wanting and trusting a product enough to actually buy it.
For each conversion, that is, every potential customer who eventually buys a product recommended by an affiliate marketer, the affiliate gets a percentage off the product sold. Affiliates are digital marketers, for every sale they bring in for a product seller, they get paid a certain percentage of the money made off the product.
Affiliates are greatly in demand by many businesses, and they make a ton of money from brokering sales. Some affiliate marketing platforms are ShareASale, Awin, Amazon Associates, Expertnaire, and Affise to mention but a few.
Social Media Influencer
A lot of things go on, on social media, and not all of it is bad. Social media influencers are social media personalities who have followers who are loyal to them, followers who have come to trust them down to taking advice from them. These people make their money by promoting products, brands and businesses on their space while their followers go on and buy or patronize these brands, products and businesses.
All on the basis that their favorite or trusted social media personality recommended them and, these influencers get paid for their influence. An example is a fashion enthusiast; this person stands the chance of becoming a social media influencer for a fashion company because their followers have come to trust their sense of fashion, or a makeup enthusiast who can become an influencer for a makeup products and cosmetic brand.
Social Media Management
This kind of ecommerce business or online business idea involves two parties, a social media personality, brand or business who probably doesn’t have the time or the skill required keep their feed active, interesting, and engaging, and another person who has just the skills required to do the above stated.
Knowing how seriously businesses and brands are taking their presence on social media, this is a lucrative ecommerce business idea to try out. Technology has made it possible for people to do what was impossible decades ago, now, everyone is jumping on the ecommerce business train, these are just a few online business ideas you can venture into.