Here’s a list of trending e-commerce businesses in 2022/2023 that will act as butter in the soup in the coming times!
Did Covid-19 make your business suffer just like the million others? The year 2020 led to the temporary closure of nearly 20 percent of businesses, while another 51% reported a significant decrease in sales due to the pandemic. But that is the one side of the frame. Just like every cloud has a silver lining, the business world also witnessed exponential growth in various sectors with the onset of 2022. Right from on-demand businesses like food delivery, grocery delivery medicine delivery, and medicine delivery to telemedicine, or online fitness the list of top performing businesses is quite long.
Hence for entrepreneurs and business owners, who are planning to start with a new venture, we bring the top 10 eCommerce business ideas that are surely for the next normal. Now you are going to explore 10 online business ideas that promise growth and business altogether. We’ve stated the current performance and the stated growth of each business idea. So here we begin!
Most Promising Ecommerce Business Ideas
The pandemic caused people to shop online, making it the only feasible option to satisfy consumer demands. Ecommerce businesses will grow with the growth in
(1) Mobile Commerce, (2) Implementation of innovation, (3) blockchain issues, (4) Advanced communication, (5) Emphasis on data protection, (6) Omnichannel approach, (7) Voice shopping.
Whether it’s for beauty, menstrual care, kids activity, weight loss, healthy snack, diabetic care, daily makeup, Luxury cosmetic, music, women’s curated boxes, men’s curated boxes, jewelry and essentials, kids DIY activities and books, healthy snacks and beverages, health and fitness, pets food and toys – you may subscribe for just about anything and automate your lifestyle. Subscriptions include:
(1) media streaming,
(2) subscription boxes,
(3) technology and software covering file storage on the cloud, photo editing software, and point of sale systems for businesses.
(4) Add-on subscriptions.
Subscriptions bring added convenience to the products and services they already offer or automatic subscriptions like printer cartridges to ensure that the customers never run out of ink.
Drones with Camera
It is a niche e-commerce product idea with: (1) 1080P HD 4K Camera Live Video for selfie lovers, (2) RC Quadcopter with GPS Return Home, (3) gesture Control, and (4) Auto Hover(Quadcopter). Selfie drones come in foldable design, and have Wi-Fi App Control, Dual HD Camera, Headless mode, Altitude Hold, Hover, 1 Key Take off/Landing, 360 Flip Stunt, and more. They can fly as high as 40-50 meters. Such gadgets have a primary camera of 50 megapixels, and a secondary camera of 32 megapixels. Drones weigh up to 200 grams. Flying time is 7-9 minutes, and charging time is 40 minutes. The global selfie drone market is anticipated to record a modest CAGR in coming times according to Marketwatch.
Features traditional oxidized/ silver/gold jewellery that can be worn on all kinds of outfits. It is made from fine quality, hand-picked materials – perfect for weddings, birthdays, parties, and casual occasions. Such items are perfect for all occasions.
Meal Box delivery
Food delivery and on-demand restaurant delivery associates can prepare meal boxes curated as per diet plans to aid in weight loss, improve dietary habits, focus on health and lead to a healthy and active lifestyle is a sustainable and effective option for people based on their age, lifestyle, and blood group. While a diet suits a group of people, it may not be suitable for others. Choose according to your appetite from – (1) The Mediterranean diet, (2) The DASH diet, (3) Plant-based and flexitarian diets, (4) The MIND diet, (5) WW (formerly Weight Watchers.
Out of a million types, little do we actually know which one suits which skin type. Sheet mask, Peel off mask, Cream mask, Clay mask, Charcoal mask, Sleep mask, Vitamin C(brightening) mask, Gel mask, Thermal mask, Hydrogel mask. Besides, Business communities can obtain support from the government for medical devices, medical equipment, and therapeutic medication and sell cloth face masks and N-95 Face masks for covid protection. Selling face masks exclusively is an excellent business idea as it helps against covid and pollution. Surgical masks, in alignment with sanitizers and personal protective equipment like medical gowns, and medical masks.
Personal Safety Equipment
Coronavirus has led to the widespread adoption of face masks along with trending pieces of personal safety equipment; selling it online with no contact delivery has become a trend, leaving tremendous scope for face shields, latex gloves, and safety wearables for protection.
Online Fitness Coaching
While many AI-enabled fitness apps and exercise apps are available online, it brings fitness information and tips for people looking for easy exercises and workouts to get in shape and lose weight at home without going to the gym.
Electric Scooters, Skateboards, and Hoverboards
Companies like Ather Energy, GOTRAX, Scooter Software, Fluid free ride, Bajaj Auto, Hiboy, F-wheel DYU, Voi, Minimotors SG, Helbiz, and many others have popularized the manufacturing and production of skateboards, and hoverboards. E-scooters can be hired for rent.
Other profitable eCommerce business ideas
Drop shipping, Travel services, Wedding services, and Fashion reselling.
Diversifying business is a great way to reach new audiences and increase engagement. Social media, tourism, retail, restaurant, entertainment, classified service, fitness clubs, hotels and resorts, bars, small businesses, non-profit and automotive are amongst the major businesses which are promoting their business through website app ideas.
Ecommerce Trends to Consider in 2023
Stepping into 2023, online shopping trends will dictate the way customers expect their businesses to act. With online shopping losing its lockdown crown, eCommerce has gained unrivalled access to capture a potentially strong customer base. With this trend, the brands that had never had an online shopping portal stepped up their game to survive lockdown and customers who previously favored a fixed retail store format. 2023 will be vital for establishing marketing plans that make both online and offline channels hold the same charm. Pick up in-store option can now be aligned with checking out online.
Social Media Giants Will Not Be Disrupted – Facebook, Twitter, and LinkedIn may no longer remain the preferred option for shopping. This decline will be barricaded with an equal rise in the number of e-commerce business apps.
Amongst the popular trends in e-commerce is the emergence of virtual reality, and artificial intelligence that allows customers to view the products inside their homes, before actually buying them. Fashion brands allow try-on using a phone camera for shades of lipsticks, nail colour, face powder or hair dye. This 3-D technology gives customers a virtual hands-on experience to increase conversions by 40%.
What’s More: Which idea will be the next unicorn in 2023?
The emergence of new payment options like Klarna lets customers pay flexibly without getting stuck. Now, the buy now and pay later option makes customers purchase everyday essential, large appliances without having to worry about breaking EMI’s or making a cash payment. Flexible payments also make customers get rid of cart abandonment. Ecommerce development companies ensure multiple modes of payments so that a customer is enticed to pay and grab their favourite item at the best possible discount.
To pick online shopping, older customers will need to be convinced. If e-commerce becomes more accurate and shows accurate delivery timings, customers will be more likely to order from them again.