Top 25 E-Commerce Business Ideas for 2023
Starting your own online store can seem very daunting, especially when it comes to finding profitable products in e-commerce. You seek to make profits, yet you do not want to chase unrealistic dreams. Still trying to find profitable e-commerce products? Read this article which will provide you with the best and most profitable ideas.
While there are dozens of ways to make money online, hundreds of potential niches and millions of products to sell online, the basis for your success comes down to two things: the perfect product and your target market.
Here’s the picking process that I find the most effective:
*. Brainstorming
*. Find ideas on Google Trends
*. Look for market data to see if industry sales are growing
*. Look for low competition niches
*. Collect data like Amazon Sales, search volume, keyword difficulty, etc.
*. Compare your ideas with actual data
Scope your competitors, suppliers and manufacturers before spending any money. Look at their prices and stock levels from day to day to see if they are working.
Profitable products in e-commerce
1. Cellulite removal
A new product in the industry is the expensive anti-cellulite massager. But with the right marketing, you can make a lot of profits by selling them. All you have to do is:
# Find an anti-cellulite cream for $1 on AliExpress.
# Set up a Facebook ad campaign and offer the product for free. (customer pays freight)
# Get customers email before you ask for payment.
# After the purchase, show them a one-click sale of Careem that is more expensive than the first.
# Run your email marketing automation to educate them about losing weight.
2. Bluetooth speakers
The wireless headset industry is set to grow by 10% annually to reach $31.80 billion by 2023. Don’t miss out on this profitable opportunity and start now.
3. Electronic cigarettes
Electronic cigarettes are more popular than ever. You can take advantage of this segment of people to establish your brand in this industry, which is expected to grow to 61 billion dollars by 2025. You can trade in products with low, medium or high prices, as those decisions are up to you.
4. Drones and accessories
The price of Drones is not low, so you have to target the ideal customer segment. You can also provide an educational component specialized in this field to stand out from other competitors. There are different levels of Drones users. So you can sell medium-quality products to beginners, and high-quality products to more experienced users.
5. Sell subscription boxes online
In addition to people’s obsession with subscription boxes, the advantage of selling this type of product is that you keep charging customers until they cancel. The subscription box industry is growing at 200% annually. You can also create a subscription box around any type of product such as coffee, makeup, personal care…
6. Online food delivery
This growing industry is expected to reach $30 billion in sales by 2025.
You may be wondering, “How can I benefit from this industry and find an idea that differentiates me?”. The answer is that you can easily combine this idea with subscription boxes and access two marketplaces at once. Companies like Blue Apron and Home Chef are making dinner-making easy with subscription boxes of hit food and recipes that automatically answer the question, “what’s for dinner?”
7. Sell Denim
Denim is back in the forefront of fashion and style. Thousands of people buy Denim clothes for themselves or children on Amazon every day. It’s also worth noting that industry experts expect Denim to outpace undergarments.
If you have photography skills, start marketing your project via Instagram now.
8. LED lighting products
LED lighting is a fast growing trend. But we’ll focus on a niche group like outdoor or kitchen lighting only, you won’t make any money selling regular LED bulbs. People spend an estimated $100,000 to upgrade their backyard with just LED lighting products. The LED market is expected to grow by 13% annually and reach $55 billion by 2023.
9. Sell Shapewear Online
Shapewear is a form-fitting shapewear designed to control and shape your body. This product is an excellent starting point for starting an online store. It’s not as big as women’s fashion or lingerie, but it’s expected to grow to nearly $6 million by 2022.
Spanx is a great example of the kind of e-commerce brand you should be aiming for, they have become the market leader in this type of underwear.
10. Matcha powder and tea
People will always be interested in losing weight easily, so don’t miss such a great opportunity. Matcha has become almost as popular as green tea over the past decade. It comes from the same plant as green tea, but is less processed and thus contains more health benefits.
The number of people flocking to matcha tea is increasing day by day, as the market has become worth 300 million dollars and is expected to grow by 8% every year.
11. Selling magnetic phone accessories
A lot of people made money from magnetic phone chargers in the form of dropshipping at the end of 2016. The smartphone accessories market is expected to grow to $108 billion by 2022. But it’s very fragmented. If you don’t want to worry about finding the exact right addon to sell, you can copy Android Central and take the Amazon affiliate route.
12. Selling hair removal devices
The hair removal market is expected to grow at 9% per annum and reach $1.3 billion by 2022. But again, the hair removal market is quite broad, so you will need to find a sub-niche in this category as focusing on female athletes hair removal devices.
13. simple watches
Watches will always be a good market, it is growing in sales and research volume every year. The trick to making more sales is to add something new that sets you apart from the rest of the companies.
Simple watches are a popular product that is worth the risk. Plus, simplicity in general, has been gaining traction lately.
14. Selling bowls for dogs
The pet industry is estimated at $70 billion. Some people love their pets more than their children. You can sell collapsible dog bowls or customizable cat bowls, it doesn’t matter. What matters is choosing a specific focus area.
People who buy dog bowls are often interested in the health and nutrition of the dogs as well, which gives you a great opportunity to expand your business.
15. Detox tea or juice
There are several different types of teas and juices that have been shown to be beneficial for detoxing. Build a brand around these different types, you can start with just 1 and expand later by adding B12 or targeting vegans.
The total detox drink market is currently $3.4 billion.
16. Keto bars and powders
This diet focuses on high-fat, low-carb and sugar-free foods and has proven effective many times. Dieters are strict about their diet and exercise routine. So they feel the need to consume high-quality foods post-workout.
17. Selling natural hair products
More and more people are adopting a natural lifestyle. It is true that this field is a bit crowded, but competition is a sign of a lucrative market. Products such as moisturizing oil, shampoo, and conditioner are on the rise in the consumer black market.
This trend will only continue to grow with celebrities like Alicia Keys embracing the natural hair look. You can leverage bloggers and Instagrammers who share hairstyling videos to market your products.
18. false eyelashes
This industry is expected to grow at 4% annually and reach $1.3 billion by 2023. Everything that falls under the fashion e-commerce industry is a good niche. The key is marketing and hard work.
19. children clothes
Baby clothes will always be in demand. But it is a broad category. So it is suggested to focus on something specific from this category such as clothes for premature babies.
The downside to this industry is its slow 1% growth. But the plus side is that there are millions of blogger moms who are willing to promote your product for a small fee.
20. Vegan makeup
Vegetarians are so passionate about preserving the planet that even natural products are not enough for them, as they strive to have all their products vegan. The opportunity is in your hands now to start a successful and profitable project, and the best thing is that the market is expected to grow by 6% in the coming years.
21. pocket handkerchiefs
Wearing a pocket square can completely upgrade the look of a suit you’re wearing. A search for directions on Google shows a slight resurgence of handkerchiefs on the scene, and accessories are among the best business ideas due to their attractive profit margins.
22. art supplies
The demand for technical supplies is declining. But there are still many people who are looking for it. Have you ever tried to draw something? Then you will notice that going to an art store and buying beginners painting supplies, is very confusing. There may be a tempting opportunity to sell pre-packaged paint kits of various levels.
23. party supplies
Parents spend a lot of money and time on their children’s birthday parties. You can create pre-packaged birthday decorations based on the age and gender of the kids.
If parents are happy with what they received for their son’s first birthday, guess who they’ll book for next birthday?
24. outdoor speakers
About 20 thousand people per month search for this product. But low demand does not mean that some people do not need this type of product, that is, you should not ignore it.