An e-commerce project does not have to be your sole source of income. It can start as a simple side hustle and depending on how much time you have on your hands, turn to much more.
Working on the internet is fair because the amount of money you make depends on how much effort you put into the project. And everyone can find an attractive business idea that they can develop and slowly turn it into a money-making machine.
Consider the options below if you are also looking to improve your financial situation. And keep in mind that if your first option does not turn out great, there is always the next attempt. Keep looking until you find what works for you.
Top 7 Business Ideas of Ecommerce to Make Money
Idea #1 – Print on Demand
In case you are looking for a newbie-friendly method, one of the best options would be to go with print on demand.
Your main focus will be on marketing and driving traffic to your website or a channel as well as coming up with designs. But there is also an option to hire a professional graphic designer and turn the project into a joint-venture.
A network like Printify is great for starting a print on demand business because it offers you more than 250 products, integration options to the most popular platforms, and 90 printing facilities around the world.
Idea #2 – Online Education
Is there some valuable expertise that you possess and want to share with others? If so, creating online courses, video tutorials, writing e-books, and coming up with any other type of educational content can bring you not just a feeling of satisfaction, but money as well.
Forbes projects that the online education industry will be worth about 325 billion dollars. There is no need to worry about expensive investments as all your education can be accessed via the internet. And selling on platforms like Teachable, Udemy, or Skillshare eliminates the problem of creating a website yourself.
Idea #3 – Dropshipping
Dropshipping is great for those who want to avoid product sourcing, manufacturing, and development.
Dropshippers work as a middleman and rather than having to deal with inventory or shipping, they sell directly from the manufacturer’s store and get a percentage for every sale they make.
There are no risks involved and dropshipping is one of the best ecommerce business ideas to get more acquainted with the industry and gain experience creating internet projects that bring money.
Idea #4 – Affiliate Marketing
Affiliate marketing is another great way to make money online. The starting costs are relatively low as you can make do with a simple social media channel or a landing page. So long as traffic is relevant and you can convert. Though most would still recommend developing a website as it will make your project appear more solid.
Find the right niche that should be evergreen rather than seasonal. Forget about things like ice skates or skiing equipment. If you are unsure where to look, Amazon and ClickBank are always a safe option with their product variety and solid affiliate partnership programs.
Idea #5 – Selling Second-Hand Products
Not everyone has the funds to buy branded products. Platforms like eBay are perfect if you want to create a profile and slowly build a channel that sells second-hand products.
Find a niche that you are knowledgeable about or find interesting. See whether there is a demand to flip – buy and sell stuff for a higher price. If there is, you can give it a go and see whether it can work as a source of income.
Idea #6 – Handmade Product E-Store
There are plenty of artists on social media that create jewelry, clothing, and accessories but lack marketing skills to sell their products.
You could be the person who focuses on marketing and leave creating in the hands of the talented. Shoppers are looking for new and intriguing pieces that they can wear, and if you can find the right artist and hit on all cylinders, it could turn into a very profitable venture.
Idea #7 – Selling Your Services as a Freelancer
Visit websites like Fiverr or Upwork and you will realize just how much money there is to be made as a freelancer. There is no need to have a very specific skillset like copywriting, SEO knowledge, graphic design, or website development.
You can always learn that but there is work as a virtual assistant. It will depend on growing your profile and collecting positive reviews. And working as a virtual assistant is a good place to start, both in terms of acquiring knowledge and solidifying yourself as a reliable freelancer. Finally, if you do a great job and impress your employees, you will end up making a powerful ally who may have a lot of connections.