The eCommerce industry is booming, with global sales expected to reach 8.1 trillion dollars by 2026(statista). It presents a massive opportunity for entrepreneurs to start and grow eCommerce businesses.
If you’re considering starting an eCommerce business but need help finding new eCommerce business ideas, you are at the right place.
We know that The most challenging aspect of starting an eCommerce business is finding a unique eCommerce business idea that has yet to be stolen by others.
Often, People are continuously trying to find unique eCommerce business ideas online, and searches like webshop ideas, eShop ideas, new eCommerce business ideas, unique eCommerce business, great eCommerce ideas, etc. That’s why we’ve compiled a list of outstanding eCommerce business ideas to help you kickstart your journey according to current trends and consumer demand.
So, let’s start.
Table of Contents
Handcrafted items are always in high demand. There is a large and growing market for handmade goods online, according to a report by Statista, the global online handmade market is expected to reach $27 billion by 2027.
You can sell Handmade products like Necklaces, Earrings, Friendship Bracelets, Canvas Paintings, etc., via your eCommerce store or on platforms like Etsy, Amazon, etc. Selling online handmade items is a good eCommerce business idea in 2024.
Over the years, the consumption of subscriptions has increased drastically. According to IMARC group, the subscription box market had a market value of $22.7 Billion in 2021. It is expected to reach $65 Billion in 2027.
It is an excellent webshop idea that opens the doors for you to generate recurring revenue. Until the user removes a subscription service.
One rule of thumb is to consider this subscription-based model in an industry where it is highly in demand. Some leading industries selling subscription boxes include food, clothing, entertainment, personal care, medical goods, office supplies, etc.
In addition to the above, here are some specific subscription box ideas that are popular and profitable in 2024:
After choosing the industry, the next important thing is to select the type of eCommerce subscription model. There are three types of Subscription models. It includes curation, replenishment, and access.
Birchbox is the best example of the curation subscription model. It allows users to choose beauty products and subscribe to their services.
Blue Apron is another example of a replenishment-based model. It delivers users food & delicious recipes to users as per their requirements.
Moreover, Amazon is a well-known example of an access subscription model. The eCommerce giant offers various services under one subscription to help people save money.
After this, you must create a high-quality product or service that improves people’s lives. You can also consider a product the customer needs weekly or monthly to generate recurring revenue.
Lastly, selling subscriptions is one of the best eCommerce trends that help you attract new customers, keep them hooked for a long time, and get good revenue for the business.
Creating and selling online education courses is a profitable eCommerce business idea. According to GlobeNewswire, The global e-learning market is expected to reach $337.5 billion by 2026, growing at a CAGR of 14.3%.
People worldwide love to learn about a new subject or improve their existing skills online through a course. Udemy and other online education platforms are a boom for all these people.
If you are an expert in any skill, you can create a course on the same and sell it on any of the education portals. Other than this, you can also build your online education portal and allow teachers to post their courses.
If you’re looking for a low-investment, small business idea, Creating and selling online education courses can be a safe bet.
Creating natural products and selling them online is one of the best eCommerce startup ideas. With each passing year, people are becoming aware of lifestyle choices and daily consumption. Hence, they are moving away from chemical-based products to more natural and organic products.
People are becoming aware of these products to sustain the environment. The demand for this industry is going to increase every year. Therefore, you can create natural products and help people live a more healthy and sustainable lifestyle.
There are several different types of natural products that you can create and sell online. Some examples include:
Print-on-demand clothing is still expected to be among the best webshop ideas in 2024. The global print-on-demand market will grow significantly in the next few years. According to a report by Market Research Future, the global print-on-demand market is expected to grow from USD 4.3 billion in 2022 to USD 9.2 billion by 2027, at a CAGR of 14.5%.
Many people globally like to wear customized printed clothes. They are always looking for eCommerce stores offering such services. Over the last few years, the craze of print-on-demand clothing has reached a new level. In that too, T-shirts are popular.
Nowadays, we rarely see plain T-shirts. It is because people love to wear colorful & printed T-shirts.
You can establish an eCommerce store that offers such a service. One of the best ideas is to accept orders for various categories like pets, animals, music, superheroes, nature, and more.
Accepting orders of different categories allows you to serve a wider audience and generate good revenue for the business. To start your print-on-demand online clothing store and make it successful, check out how to sell custom products online.
Selling NFTs online can be a great way to make money in 2024. NFT stands for non-fungible tokens (NFTs), and it is mainly created using a similar type of programming that is done on cryptocurrencies. In short, these cryptographic assets are built based on blockchain technology. However, you cannot trade or exchange NFTs similar to a cryptocurrency such as Bitcoin or Ethereum.
The most expensive NFT sale was Everydays: The First 5000 Days by Beeple for $69.3 million. If you just earn some part of it, you can have a profitable eCommerce business.
Several NFTs that you can create and sell include art, videos, games, and music.
You can sell the NFT on any of the marketplaces. For the same, list your NFT and link the marketplace account with the NFT. Further, people can bid on the amount and buy using cryptocurrency.
Online grocery stores are still expected to be a good webshop idea in 2024. The online grocery market is growing. According to eMarketer, the global online grocery market is expected to reach $482 billion by 2026.
It is one of the best eShop ideas for entering the food or grocery industry. However, it’s important to note that the online grocery market is also very competitive. To establish an online grocery store and make it profitable in the long run, you must build good relationships with vendors providing you with all the groceries.
One option is to obtain grocery supplies from the local wholesale grocery store. However, you get little profit from this.
After establishing an online grocery store, your aim should be to gain as many customers as possible. For the same, you need to personalize your eCommerce store and do extensive marketing.
Selling second hand products is one of the best eCommerce businesses to start in 2024 because the Global second hand product selling market is set to nearly double by 2027, Reaching $350 Billion.
The global second hand apparel market is expected to grow three times faster on average than worldwide.
Many people worldwide who are budget-conscious generally prefer to go with fairly-used products unless they are of good quality. As the name indicates, second-hand products get transferred from one person to another. The cost of the products would be low compared to the new version and will function properly.
To sell second-hand products, you should first start collecting them. You can gather various products such as home goods, children’s clothing and toys, sporting goods, electronics items, vintage clothing, luxury goods, etc. While hoarding second-hand products, you should ensure they are of good quality. Besides this, you should also make sure they are available at a cheaper cost. All of these things help you gain the trust of the audience.
But before collecting any of the fairly-used products, you should conduct thorough testing to check their condition and demand. You have two options. First, you can list products on a marketplace like eBay. The second option is that you can build your own eCommerce store and start selling second-hand products.
Selling smart home products is a great eCommerce startup idea in 2024. According to forecasts, this market is expected to grow at an annual rate of 11.43% (CAGR 2022-2028), resulting in a projected market volume of US$231.6bn by 2028.
People love to use smart devices as they offer a lot of conveniences. All of these have been possible due to the Internet of Things.
When you connect different ecosystems, such as power consumption and water supply, you establish an integrated approach and interact easily. For example, coming home from the office, the air conditioner switches on instantly.
Only a few companies have entered the space. Hence, you have a golden opportunity to enter this market and make your business profitable.
Selling home decor products is one of the best eCommerce stores to start in 2024 because most people decorate their homes as per their personalities. They will go to any extent to find the perfect items to decorate and furnish their home.
It is an excellent opportunity to start your webshop for home decor products because you can sell various products like personalized furniture, painted ceilings, colorful curtains, clocks, chair covers, etc.
If you are considering starting an eCommerce business in 2024, selling home decor is an excellent option.
Marriage is a celebration of love, but it’s also a multi-billion-dollar industry in the United States. Weddings are a huge industry that needs to be more developed and organised.
So, it is the best opportunity to start selling wedding products and services online. You can begin to own a webshop and sell many wedding products online, like engagement rings and wedding bands, wedding day attire, wedding favours and gifts, paper goods, etc.
Cannabidiol (CBD) products have become popular in recent years. The CBD industry is growing and is estimated to reach $8 billion in Europe by 2028 and $20 billion in the USA by 2024; the CBD industry is a market everyone is observing.
Selling CBD products online is the best eCommerce business idea in 2024. You can start by choosing your eCommerce niche, like CBD pet products or CBD-infused food. Prepare yourself to educate customers about the generic benefits of CBD and the particular compositions of all products.
The augmented reality(AR) and virtual reality(VR) market is the rapidly evolving technological landscape encompassing augmented and virtual reality experiences. The AR & VR market is projected to generate revenue of US$32.1bn in 2023, expected to reach USD 71.2 Billion by 2028. Selling AR/VR products is the best eCommerce business to start nowadays.
As many industries, especially the technology industry, are anticipated to invest in AR/VR apps and accessories, you can grab the opportunity and become an early investor and promoter of a technology that will revolutionize the eCommerce vertical in the future.
There is a massive demand for 3D-printed products in the market. The global 3D printing market is forecasted to surge to approximately USD 98.31 billion by 2032, up from its 2022 value of USD 17.38 billion. It is expected to maintain a robust Compound Annual Growth Rate (CAGR) of 18.92% from 2023 to 2032. The 3D printing market is growing day by day.
The demand for 3D-printed products is steadily rising among both consumers and businesses. Thus, there’s a golden opportunity to start to sell 3D-printed products.
An online library serves as a digital haven for book enthusiasts, offering a vast collection of eBooks and audiobooks accessible 24/7.
With the global e-learning market predicted to reach $457.8 billion by 2026, an online library taps into the growing demand for virtual educational resources.
People can easily browse, borrow, and return digital books, which fosters convenience and flexibility.
Leveraging the fact that 67% of global internet users engage with digital content, the online library becomes an ideal platform to cater to diverse reading preferences.
As an eCommerce concept, it capitalizes on the popularity of online shopping and offers a seamless experience for users to explore and acquire knowledge from the comfort of their homes.
With an estimated 2.14 billion digital buyers worldwide, the online library taps into a vast market, presenting a lucrative and scalable eCommerce idea.
Tap into the growing demand for green living by starting your own online plants, the newest eCommerce idea!
The global online plant nursery market size was USD 9099.04 million in 2021 and is expected to reach USD 18100 million by 2027, exhibiting a CAGR of 12.15% during the forecast period.
People crave nature, and your virtual nursery can bring it to their doorstep. Convenience is essential, and 65% of consumers prefer purchasing plants online.
Cater to this trend by offering a variety of plants, from low-maintenance succulents to trendy tropical plants.
Use social media platforms to show your green goodies and engage with the billions of active social media users globally.
Buying and selling websites is a top-notch eCommerce idea and offers a lucrative online marketplace.
Sellers can profit from websites they have developed while buyers get ready-made online assets.
According to Flippa, a leading website marketplace, over $300 million worth of websites were sold in 2022.
The demand is soaring as entrepreneurs seek instant online presence. With 6.7 million active buyers globally, there is a vast market for diverse website niches.
The process is streamlined, with secure transactions and detailed analytics. This booming industry leverages the digital age and offers a win-win for those looking to invest in their online business.
Launching an online store for yoga products is an excellent eCommerce business idea.
The global yoga market is skyrocketing, with over 300 million practitioners worldwide.
The yoga accessories market size is estimated to grow at a CAGR of 6.9% between 2022 and 2027. The size of the market is forecast to increase by USD 6,159.41 million.
With the increasing popularity of yoga, selling mats, blocks, apparel, and accessories online taps into a vast and growing customer base.
eCommerce allows for a broader reach by breaking geographical barriers. Social media can play an important role, as 54% of online customers use social media platforms to research products.
Providing a seamless online shopping experience and quality products will attract the expanding yoga community.
You can start your eco-friendly eCommerce business by providing wholesale baby toiletries for environmentally conscious parents.
With a rising global awareness of sustainable living, the demand for eco-friendly baby products is increasing.
According to a 2022 survey, 78% of parents actively seek green alternatives for their infants. By curating a range of organic diapers, chemical-free wipes, and recyclable packing, you tap into a market projected to reach $16.78 billion by 2025.
You can provide bulk purchasing options to attract price-conscious consumers. This will make your business planet-friendly and wallet-friendly.
We have discussed various eCommerce business ideas that you can start in 2024. These ideas are all based on current trends and opportunities, and they have the potential to be profitable.
If you are interested in starting an eCommerce business, please research and choose a business idea that fits your skills, interests, and resources. With hard work and dedication, you can be successful in the eCommerce world.
WebDesk Solution is an eCommerce development company. We have helped many businesses by providing best-in-class eCommerce solutions. Moreover, we have helped them grow. Hence, we can understand your idea and convert it into reality. If you have a unique eCommerce business idea and want to convert it into reality, feel free to contact us.
The easiest eCommerce business to start varies based on an individual’s interests and skills. However, some popular and straightforward eCommerce businesses include dropshipping, print-on-demand, and affiliate marketing.
There is no one-size-fits-all answer to this question, as profitability depends on various factors, such as market demand, competition, and customer behavior. However, some profitable eCommerce niches include fashion and accessories, health and beauty, home and garden, and electronics.
Yes, dropshipping can still be profitable in 2023 if you choose the right niche, products, and marketing strategies. The key is to find a profitable and untapped niche and build a unique brand with excellent customer service.
The cost of starting an eCommerce business varies depending on various factors, such as the platform, product sourcing, marketing, and more. However, a basic estimate of starting an eCommerce business could range anywhere from $2,000 to $10,000 or more.
Our best stories, delivered Weekly
Subscribe to receive our newsletter