People are searching for e-commerce business opportunities because the ecommerce industry is growing rapidly and shows positive effects on the Indian economy. If you are planning to start your venture in low investment then you must look forward to starting your own eCommerce business in India.
E commerce business is referred to the buying and selling of goods and services through online platforms, the e commerce business online platforms are usually business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C) or consumer-to-business (C2B).
Nowadays mobile devices are becoming more popular with its market. More than 45% of internet users have purchased goods using eCommerce websites/online platform. This figure is continuously rising day by day globally.
This changing market gives e-commerce business opportunities; here we have given e-commerce startup ideas that will help you to choose the perfect niche for you to start e-commerce business.
List Of Top 15+ E-Commerce Business Opportunities
#1. Costume Jewellery
This is a multi-million dollar growing industry nowadays. It attracts females of all ages also the men are carrying pieces of jewellery.
The major reasons for its popularity for Costume Jewellery are the low price with a highly attractive product. You can start the costume jewellery selling e-commerce website from home. You can sell Costume Jewellery on your eCommerce store.
#2. Fitness Store And Sports Nutrition
Nowadays people are getting conscious of a healthy and active lifestyle. Person, who wants to increase muscle mass or burn fat, are looking nutrition product and consulting.
You can take advantage of this condition this niche includes various gym accessories and outdoor apparel also nutritious product and services
Most of the people are now trying to quit smoking. But they are not able to success; the e-cigarette is generally used as a smoke replacement therapy.
E-Cigarettes are now trending worldwide also an eco-friendly product. You can start an eCommerce business with E-cigarette and cartridge with small capital investment.
E-Cigarettes is another innovative eCommerce ideas
#4. Phone Accessories
Today, everyone is having a mobile phone for communication and the mobile phone users are increase day by day and People want to keep their mobile phone safe so you can provide all kinds of accessories for them.
Cell phone accessories include
- Covers and cases
- Cables and chargers
- screen protectors
- Headphones and headsets
- Styluses and gloves
- Car accessories for phones
- Gadgets for Smartphone’s and tablets
- Batteries, bags for tablets, etc.
Phone Accessories is one of the best e-commerce business opportunities
#5. Fuel Deliveries
On-demand fuel delivery will be the new phenomenon for India those days are near when we delivery Fuel online On-demand fuel delivery is not a new foe country like USA and UK.
India, this is no doubt an emerging business these days and definitely, this is the right time to start this business when the e-commerce business opportunities are booming.
#6. Auto-Parts and Accessories
Every year the number of cars growing rapidly, this trend affects urban and semi-urban areas. A real car lover takes care of their car, which means car owners are ready to invest in their cars to ensure its functionality.
Many car owners want to buy their individuality using car parts and accessories. Therefore starting Auto-Parts and Accessories is another e-commerce startup idea
Leggings are one of the most trending, acceptable and popular products in the female apparel industry. The demand for the Designer multi-coloured leggings is high in the market.
You can start selling legging from eCommerce business. Note that the Right-sourcing with competitive price is the crucial aspect of this Leggings e-commerce business.
#8. Rental Businesses
Among the vast variety of e-commerce business opportunities in India to earn, rental business takes a special place in the eCommerce market.
People always taking advantage of these services, for a specified period. You can build a rental eCommerce website to connect the people for renting purposes.
Neckties and bow ties are one of the most popular items in appeal online purchase worldwide. With a stock of good quality Neckties, you can start this Neckties business.
#10. Remote Technical Supports
Be ready that clients don’t have any acquaintance with certain names of the system hardware, thusly, regularly utilize such words as “the black box with wires.” However, it is conceivable to procure great cash on this obliviousness. Focus on this zone as one of the independent venture thoughts for men.
#11. Organic Teas
Quality Organic tea is the popular selling items on the eCommerce industry. Organic tea, green tea, Darjeeling tea, Assam tea – are the most saleable organic tea on the internet.
With the Increasing health consciousness people, the growing popularity for organic tea is also increasing.
The margin for organic teas is also very good if you can source the product from manufacturers. Therefore organic tea is also best e-commerce business opportunities.
To begin your own online scent store business you will need an eCommerce website. Furthermore, when programming will do each business related to setting up an online fragrance store, it will be very simple to start an online aroma store business with extremely a little capital venture.
Sunglass is a fashionable item with a huge impact on lifestyle style. Every person is obsessed about having a stylish sunglass of their own to make their personality attractive. You can start selling fashionable sunglasses from your eCommerce store.
#14. Toy Libraries
A toy library is as equal to a book library. This kind of library gives toys in return to cash for a restricted timeframe. Even though you can begin the business both disconnected and on the web, we suggest the online choice.
People always look for a beautiful design in T-shirts also they want a quality product and that’s enough to start an online t-shirt business
You will need to have an eCommerce site where you can list your designer T-shirts and from where your clients will buy your t-shirts.
#16. Wood Watches
The wood watch is more popular than a smartwatch. If you are a manufacturer of the wood watch or having contact with Wood Watch manufacturer, you can initiate an eCommerce business for a wood watch
While looking for the e-commerce business opportunities Wood Watch is one of the best e-commerce startup ideas.
How To Start eCommerce Business In India
If you are wondering how to start eCommerce business in India don’t worry here is the solution we have given an overview about how to start eCommerce business to capture the e-commerce business opportunities
Step 1: Decide The Perfect Business Plan And Model
Create a plan for an e-commerce business model which will be the base of online business ideas. The ecoomerce business plan should be included details planning about the business concept, market research, marketing plan, operations plan, and financial planning.
Step 2: Choose Product/Service To Sell Online
While grab e commerce business opportunities you must look for the product/service you wish to sell and this is one of the challenging and important tasks to do while starting e commerce business.
Another important task is to select the appropriate platform for selling the selected product/service. Either sell your product/service on your website or sell on e commerce platforms.
Some of the popular e commerce business platforms are Flipkart, Amazon, Snapdeal, PayTM, Shopclues, etc.
Step 3: Do Market Research
If you are wondering how to do e commerce business opportunities Market Research here the checklist:
- Study the demand of that product/service
- Identify the possible number of competitors
- Study the competitors
- Conduct customer surveys about your product
Step 4: Understand The Dynamics Of The Online Business Model
Moving on further in the process of e commerce business opportunities in India, it is important to list the capital to be invested for ecommerce.
You must plan for the capital investment you are going to invest in e commerce startup
Few costs involved that are incurred by e commerce business opportunities in India are following
- Market research cost
- Web-hosting charges
- Website designing cost
- Email Marketing Services
- Online Marketing cost
- Inventory expenses
- Logistics charges
- Business taxes
- Cost of manufacturing product (in some case)
Step 5: SetUp Your E-Commerce Website
While setting up your eCommerce website, you could either choose a pre-built platform or make it from scratch. Both have distinct advantages, though building a website from scratch is usually the more favoured option.
Build an eCommerce website that attracts customers.
Step 6: E commerce Business License In India
#1) Registration of Firm: You may start the small to medium business either a Proprietorship or Partnership Firm.
If you are starting this business as One Person Company, then you have to register your firm as a proprietorship.
For Partnership operation, you have to register as a limited liability partnership (LLP) or Pvt. Ltd. Company with Registrar of Companies (ROC).
#2) GST Registration: Get GST number (compulsory for all business after GST rule), tax identification number and insurance certificate
#3) Trade License: obtain the Trade License from local authorities.
#4) Pollution Certificate: apply for pollution certificate because business is dealing with the pollutant
#5) MSME/SSI Registration: MSME/SSI Registration will make you eligible for government schemes and facilities, so if you are wishing to get the government subsidies or schemes regarding to your business then you must have to apply for MSME/SSI Registration
#6) EPF Registration: Employees state insurance which is an insurance scheme for workers.
#7) ESI Registration: Employees provident fund is compulsory for the business where more than 20 employees are working.
#8) Trade Mark: Register your brand name with trademark which will protect your brand
#9) Food Safety and Standard Authority of India (FSSAI): the industry is categories under food processing industry; therefore, you must obtain the FSSAI license.
#10) IEC code: If you are planning to export the product to other countries then you have to take IEC code which is mandatory for export of product in any business.
#11) Payment Gateway: A payment gateway is proprietary in ecommerce website to process customer payments.
Step 7: Logistics
This step is essential to carrying out a successful ecommerce business opportunity. Logistics is simply the process of shipping an order to a customer or transporting an inventory to a merchant.
This Logistics process also needs to keep track while shipping.
Step 8: How To Aattract Customers To Your eCommerce Website
There are several ways to attract customers to your eCommerce website some of them are mention below
- SEO marketing
- Social media marketing
- Email marketing
- Retargeting customers
- Word of mouth