2021 is just around the corner and there is literally no shortage of niche e-commerce ideas to start an online business. But which ones are worth pursuing and which ones are not can be tricky to determine, especially if you are new to the world of digital commerce. And that’s precisely why we came up with this blog!
If you keep reading, TechoSquare will share 13 niche e-commerce store ideas that can help you sell more and make huge profits in 2021. On top of helping you make big money, these niche online store ideas will endure for a long time. So, let’s dive right into them!
The beauty and health industry is one of the fastest-growing industries online. An eMarketer report states that personal health and beauty products sales will surpass US$53 billion by the end of 2020, which is 18.6% higher than sales made in 2018. And a lot of it is happening online.
This proves that the beauty and health niche is a profitable one. Start an online beauty and wellness store that deals in a variety of products, including fragrances, makeup, hair care, nail care, and personal grooming. Cruelty-free and vegan products are in great demand too. So, feel free to tap this segment as well!
After the COVID rampage, the demand for online education courses and digital learning is going up consistently. Be it schools, colleges, corporate, or professionals, everyone is swiftly moving away from traditional face-to-face online learning. That’s why selling online educational courses and training programs will be a great niche business idea in 2021. Still don’t believe us? Here’s some data.
The global learning market size surpassed US$200 billion in 2019 and is likely to reach US$325 billion in the interval amid 2021 to 2025. Build an online shop that facilitates course creation, uploading, and selling. There are so many digital learning fields and vocations that one platform cannot provide them all! Focus on the niche that you are most familiar with.
Gone are those days when you needed a publisher to publish a book. Our reading habits have changed hugely in the last decade and ebooks are here to stay. A report from StatsInsta says that 335.7 million ebooks were sold in the US alone in 2019. This number is likely to grow 4.5% more in 2021. This means that selling ebooks and digital content via an online store can turn out to be a profitable e-commerce business idea!
While Amazon is the king of ebook sales (thanks to Kindle), there are many other ebook stores and publishers that have captured a small share yet big profits by dealing in fiction and nonfiction content. So, there is no reason why this niche e-commerce idea won’t work for you!
Another popular niche online store idea to bank on in 2021. Also known as pre-owned and once-loved clothing, vintage clothing is nowadays worn by celebrities & average Joes alike and has become the latest WANT among global youth. According to a report by Thredup, the global vintage clothing market was over US$24 billion in 2018 and will hit US$41 billion by 2022.
You can start an e-commerce store by selling any type of vintage clothing online, but focusing on a niche from the very beginning will help you out. Select a specific style (casual, formal, etc.), price mark (affordable, expensive, etc.), or product type (vintage tees, accessories, etc.)
A complete how-to guide to selling vintage clothing online
The online art market has an 8.4% share of the overall market today. This number is up from 7.2% in 2015. So, if you have an eye for everything creative and know what makes people buy art online, 2021 could be the ideal year to start a niche online store that sells art prints and authentic pieces.
An art selling store need not limit itself to paintings and wall hangings. An art store can deal in music, collectibles, antiques, lyrics, and everything else that requires a creative mind to create! Be innovative and make big money by selling everything artsy online!
Not everyone has a pocket or mindset to purchase new goods. Some people don’t mind using pre-used products as long as they are in good shape. As per an IBIS World report, the resale industry is expected to reach US$36.0 billion in 2021. Therefore, it makes total sense to start a niche online store that deals only in pre-used products.
eBay of bygone days is probably the best example of an online shop that could generate huge revenue while dealing in pre-owned products. Sell clothes, jewelry, furniture, gadgets, or anything else; just make sure that your online store is built strongly and functions smoothly. Focusing your second-hand goods store on a particular location can also work magic!
Check out this ecommerce website features list
to build a solid ecommerce store.
Selling smart home products is one of the best niche e-commerce store ideas to try in 2021. The market was valued at $60 billion in 2019 but is expected to hit $246 billion by 2025. Make it easy for people to purchase IA powered home appliances and devices that can be controlled remotely from anywhere using a mobile or networked device.
Despite the huge potential and growing demand for smart home products, few online business owners are selling these devices. Choosing this niche idea for your e-commerce store will create a profitable opportunity to sell these products online while making huge profits.
We could not resist adding this online shop idea to our niche eCommerce list. Online grocery ordering and delivery was a big hit during the Coronavirus lockdown. Business owners made millions by delivering pantry, meat, and dairy products. According to Supermarket News, online grocery industry sales saw a rise of 39.5% in 2019. In 2020, this figure jumped to 52% for actual grocery purchasers, out of which 62.5% were online grocery buyers. What’s more surprising, over 43% of respondents said they are likely to continue buying edibles online in 2021.
The online grocery market is kicking off across the globe, and if you are thinking of selecting this e-commerce niche idea for your business, we bet it will be a tremendous success.
Everything you need to know before
starting an online grocery store
Running low on budget? No worry, our next online business idea is made just for you! Dropshipping is a great way to sell on a small budget. All you need to worry about is selling the product through your virtual store. The supplier will take care of packaging, fulfillment, and other pesky tasks!
Online dropshipping stores eliminate the risk of finding out the unavailability of a product after placing an order with a manufacturer or supplier. Also, there is less of an upfront cash risk. Plus, you can run this niche online business from anywhere. Is it going to be your bedroom or the phone while you travel the world, you decide!
Another popular eCommerce store niche idea to try in 2021. Most of us think that children nowadays don’t value traditional toys and games anymore, thanks to video games, smartphones, and tablets. However, this isn’t completely true. A report from CNBC states that toy sales are up 16% from 2019 and this number is likely to grow to 19% in 2021.
Start with internet research to figure out which toys are widely famous nowadays. Speak with toy makers and sellers in your region to host their products in your niche toy store!
Another niche online business idea worth considering in 2021! Since the demand for eco-friendly products has gone up drastically due to global warming fears, selling them online can be a lucrative idea. According to a report, over 48% of US consumers are ready to purchase eco-friendly to save the environment. It is also estimated that the eco-friendly market will become worth $150 billion in the USA by 2021.
Since the environment-conscious shoppers are growing and the people from developing countries are also ready to embrace the green, starting an eco-friendly product store in 2021 is a profitable niche idea.
Nowadays, everyone wants the perfect body and surprisingly, the fitness market is not the only one benefiting from the look-good rush. With revenues crossing $4211 million in 2018, the shapewear market is expected to reach $5576 by 2022. This means selling shapewear products online can turn out to be a profitable e-commerce business idea in 2021.
Despite the huge potential and growing demand for shapewear products, very few businesses, wholesalers, and retailers are selling these products. Choose this niche and make a huge profit in 2021.
During the COVID-19 crisis, our work-from-home jobs have become more demanding. Since office timings have broken the 9 to 5 barrier, the demand for preplanned meals has gone up. That's why selling preplanned meals has become more profitable in 2021. A report by Statista says total sales of preplanned meals and ingredients segment was $40,586 million in 2019 but after the pandemic, this figure reached $59,394 by the end of 2020.
If the coronavirus crisis continues (even if it doesn't, preplanned meals have a promising future), the total market demand would definitely increase almost four times in 2022. So, select this business niche in 2021 and make MASSIVE profits!
Above are the 13 best niche e-commerce business ideas to make big money and profits in 2021. Remember, these are not the only online store ideas out there! From cow poop to human hair, everything goes under the hammer on the internet. All you need to do is find out:
Got any queries to ask about starting your online store? Email us at info@techosquare.com to share your questions, and we will answer them all!
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