Start These Online Selling Businesses Today
- BY Jaspreet Kaur
Feature Writer, BusinessEx
- Nov 18,2020
- 15 Mins Read
Online Selling Businesses Today
In these changing times, people's lives are revolving around the Internet. The Internet has become an important means to perform daily tasks such as buying groceries, taking laundry services, and studying. Apart from relying on it, you can today deploy it to start or run your business.
According to a report by India Brand Equity Foundation, online penetration of retail is expected to reach 10.7 per cent by 2024, versus 4.7 per cent in 2019. Online shoppers in India reached 120 million in 2018 and are expected to reach 220 million by 2025. Online retailers deliver to 15,000–20,000 pin codes out of nearly 100,000 pin codes in the country. In 2019, it was estimated that one in every three Indian shopped via a smartphone. The Indian online grocery market is estimated to exceed sales of about INR 22,500 crore in 2020, a significant jump of 76 per cent jump over the previous year. Thus, digital realm is not just for giant companies but holds an equal space for small organisations as well. With the right knowledge and supporting audience, any company can grow manifold irrespective of its size.
You can also make use of the Internet to grow your business. However, you need to ensure that the Internet supplements your business. For that, here is a list of online selling business ideas that will definitely grow with the online audience.
Apparels are invariably in demand in the market. Clothes become prerequisite on occasions, office, and various other places. It is one of the businesses that will expedite in the offing. To start this online selling Clothing business, firstly, create a website and social media pages along with it.
Introduce your product to your audience and ask for their review. You can also put sales offers to enhance the business. Taking the help of online influencers is another step that can help you promote your business.
Selling Your Art Pieces
If you are a professional painter or singer and want to use your intrinsic abilities, then selling your art pieces is the best. You can convert your talent into a service or product and attract buyers. If you have a good hand over painting, then you can select a handful of beautiful paintings and display it on your website.
There are already so many competitors on the Internet that are competing for recognition. By creating your own website, you would give space to your artwork in the cramped virtual world. You can also keep your audience engaged by sharing your journey behind every painting. This helps them keep connected and instill feelings for your work as well.
Adding visuals or videos will facilitate in catching the audience's attention. While starting this business, you have to create your website along with other social media networks as social media is a must for your digital strategy.
Subscription boxes have become a growing trend amongst people. In these boxes, you can offer a variety of things such as cosmetics, snacks, and jewellery etc. To start this online selling business, you have to collaborate with various brands and companies, and advertise their products. Besides this, you have to understand customers' taste and preferences.
Subscription boxes are mostly prepared to surprise the customers as they do not decide items that are inside boxes. Before foraying into the market, you have to create an online presence and strategize how you would be approaching customers online as the business majorly runs digitally.
If you know how to make sculptures, earth lamps, jewellery or any other handmade items, then start selling online. Online handmade business is a lucrative online selling business idea. It will increase your customers as well as revenue. The online business will help generate income through your craft skills. You can also educate people about the shrinking handmade industry and inform them about it.
You can create an online store to sell handmade products and keep adding new products every week. Starting a newsletter will be beneficial as it will inform people not only about handmade products but about the industry in its entirety.
These online selling business ideas will help attain your entrepreneurial dream. These business ideas can be started with minimal investment. Besides this, if there are any other business ideas that readers want to share, then please write in the comment section below.
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