10 Niche Ideas For Your E-Commerce Store
- Experts predict that retail ecommerce sales will reach $4.13 trillion in 2020.
- It is expected that mobile commerce will take a market share of ecommerce of 72.9% by 2021.
- Most online customers prefer to pay with credit cards.
- Around 51% of online shoppers conduct purchases via their smartphones. (Source)
- There are over 2 billion digital buyers in the world. (Source)
- Ecommerce grow to reach almost a third of all UK retail sales in May and June 2020. (Source)
- Baby Products
Baby products don’t go out of style. No matter the time of the year people are buying products for Baby’s. All you have to do is stay up to date with new products and you’re straight with this niche.
Baby diapers were the top-selling baby product category in the United States in the 52 weeks ending October 4, 2020, among select segments
The reason is parents have to continuously buy pampers on a regular basis. So if you can find a way to get a supplier of some well known brands and you don’t do a crazy over priced mark up on the pampers you can make a serious income.
- Watches
Why Watches? Well alot of people love watches even with the explosion of digital watches this is still a great play when it comes to ecommerce.
Watches have a serious high margin. Due to that reason alone most people pick this a niche to start with. Make sure if you pick this as a niche make sure your watches are high quality and not something that will fall apart soon as someone puts it on.
- Reusable products
This generation of shoppers are much more focused on the environment then others. So this is a very profitable niche. You literally can sell almost anything as long its reusable. THeir are to many products to mention that you could sell in this niche but just know this is a great niche to build a ecommerce business around.
- Women’s clothing
Its a known fact that Women shop more then men. If you are going to step into the niche of women’s clothing then you should do your best to nich down your online store. Niching down means that if you going to focus on this niche find something more specific. Like instead of just Women’s clothing focus on women’s cardigans or jeans.
- Jewelry
Another awesome niche is Jewelry. Its another niche that’s profitable year round like Baby products but unlike most niches you will always have to find new customers because most people don’t do repeat purchases from Jewelry stores.
The reason is because everyone is always looking for a deal but on the flip side of that their is always birthday’s, holidays like Valentines Day, Mother’s Day and Christmas to make sales from your jewelry store. The only thing is make sure you have a high quality supplier. Their is nothing worse then having a whack jewelry product.
- Men’s Grooming Kits
This niche is profitable but I feel like its a hard way to go unless your already an influencer with a solid following on Social media. Unless your willing to shell out a good amount of money for ads, If that’s the case then by all means it’s definitely a go.
- Ptivate Label Cosmetics
Cosmetics is always a go because this is a product A. Has to be replenished often and B. Women shop more then men. So you can really make a lucrative pay day with this niche. You just have to find the right supplier or suppliers and you can win. The only thing is its a very competitive niche so you might want to niche down your offering.
- Vegan Clothing
THis is a perfect example of focusing on a niche that has a sub niche or as I would like to say niching down. like vegan food, Vegan clothing is any garment made without animal products. Some things may seem obvious (like leather and suede), but vegan materials also exclude anything obtained through animal exploitation. Toad&Co’s vegan clothing avoids materials like silk, fur, feathers, angora, and down.
- Personalised T Shirts
T shirts are highly saturated because the low hanging fruit entry point to start selling tshirts. So you will definitely have to have a really good design and make t-shirts much more personal to really carve a place in the t-shirt niche.
- Pet Products
Pet products will always be a viable product to sell online but you should find a way to get your hands on a product that is exclusive to your site because their are so many different sites selling pet products it might be slightly saturated.
Maybe offer a service like pet grooming or pet walking through your site. Just to separate yourself from the competition.