10 eCommerce Business Ideas Which Can Yield High Profit

eCommerce is a business trending at present due to its increased convenience that it provides to the customer. All the activities of commercial transactions which include transfers, Supply Chain Management, electronic marketing, EDI and distribution of goods and services are integrated by an electronic system. This convenience and quick buying decisions make eCommerce businesses achieve scale much faster than their brick and mortar counterparts.

eCommerce refers to the science of buying and selling of the goods and services over an electronic network, known as the internet.

However, in a survey done by the Indian Government shows that demand is at a continuous growth of 12.79 % a year. Current active e-commerce penetration in India stands only 28%, with lots of room for improvement, India's retail eCommerce is projected to reach 23% from 2016 to 2021.If you are looking to start an eCommerce store then here are some business ideas which you should try out.

You can also have a look at our list of Business Ideas With Low Investment and High Profits

eCommerce Business Ideas Yield Gain

Cleaning service

Cleaning service
Cleaning service

With the increase in the demographics of people who live an urban lifestyle where time and convenience is more valuable than money, the chore of cleaning their own homes is usually outsourced.

This makes cleaning service available on your fingertips highly desirable in the eCommerce sector. Providing them with quality and time-efficient cleaning service would be a great boon for this eCommerce business idea. However, this eCommerce business idea does not have a steep competition thus, it is the right time for you to create value and grab customers.


Also Read: 10 Best Online Marketing Tools for your Business


Laundry Services

Laundry
Laundry

In tropical countries, rain is a perpetual problem to do oneโ€™s laundry regularly. This opens up the opportunity to do an online laundry business highly desirable. Since there is not enough sunlight for people to wash and dry their clothes and because it consumes their time, they appreciate on-demand laundry service for washing and drying their clothes. Not only in tropical countries but big cities too, people prefer online laundry service as it's difficult to get maidservants and lack of specialized wash care by local dhobis.

However, add to that the convenience of booking the timings for the same through their smartphone device or computer, and you get a booming business with the right kind of marketing. Furthermore, Dhulaiwala and The Laundry Basket are a new app-based startup that is your competitors in this eCommerce business segment.

Travel Agency Business

A large number of Millenials wish to travel. Although, the process of travel is complicated by the lack of information about the destination they are traveling to and other hassles such as accommodation and transportation. This opens up a huge demand for online travel agencies which can incentivize the traveler and book hotels and transportation in a jiffy as well as providing curated content about the destination, hence making the life of the traveler easy!

The precious time saved in planning for a trip makes this business solve a huge problem for millennial travelers. eCommerce business has flourished in this segment and a very personalized service curation is required in this segment which can give you the best customers for your business. Travel Industry is all about how satisfactory your customerโ€™s trip was. So, while starting up with this be quality-oriented.


Also read: Businesses you can do while travelling


Painting and Maintenance Services

Painting and Maintenance Services
Painting and Maintenance Services

House painting is one of the most promising businesses. Many people are busy painting the house themselves and this service sector is pretty unorganized, so people look for affordable and reliable home painting services to paint their houses. The convenience to paint their home with a tap through the application can be a good kickstart to run your eCommerce business.

Artificial Intelligence

Artificial Intelligence
Artificial Intelligence

This idea may sound strange, but this is very helpful for everyone. You can create a startup business with the concept of artificial intelligence. It enables companies to gather as well as investigate data in real-time, thus facilitating more efficiency and competence in business.

The customers are provided with a personalized experience of knowledge about their preferences. Some examples of Artificial Intelligence in eCommerce are1. CRM2. Internet of Things(IoT)3. Chatbots4. Product Content Management, etc.


Also Read : List of the Best CRM Tools for Businesses


Startup Consultant

In the upcoming ecosystem of startup businesses, startup business consultants have a major role to play. A large number of people starting a new business do not understand the nitty-gritty of starting up a new business and need online experts who can advise them in the right direction to make the process of starting up streamless. People prefer online consultants these days as they look for solutions on the internet with the advent of the digital revolution.

International Shipping

The lack of services in the field of shipping to and from overseas has made many people complacent with online shopping from Indian e-commerce. This presents a huge opportunity for international shipping startups that can book pickups at the mere click of a button.

An international shipping startup can be an alternative for those who wish to send products overseas or bring in goods from abroad. With international shipping, people will be facilitated in terms of delivery of goods and increase the convenience of the globalized Indian online consumer.


Also Read : List of Logistic startups in India


Online Interior Designer

Online Interior Designer

Interior designing is important for people who want to have a new home, but can not afford to employ an architect. An interior designer is someone who has the creativity, skills, and knowledge required to design a beautiful and functional space. Online interior designing is a practical as well as cost and time-efficient solution to make a structure of the house and a model home desired by the user at the convenience of their home internet.

Pet Care Job

This idea originated from people who are not comfortable leaving their pets alone when they leave for work. If they want to go on a vacation with their family and can not take their pets along, they can entrust it to a babysitter service for pets who can take care of their loved pets when they are not around. It would be beneficial for people and their pets and even better if this professional service is available for them online. This makes pet babysitting an interesting online business idea.

Translators Job

A translator is someone who converts the written word from one language to another. An interpreter, on the other hand, is someone who translates orally or through sign language interpretation. With the increase in globalization, there is a large exchange of cultures and languages in different regions of the world. An online language translator is an important service as it provides the world with the power to communicate freely without the bondage of culture and other restrictions. So a lot of internet users are benefitted by this service.


Also Read : How does Crowdfunding Work to Raise Money for Startup


Conclusion

Basically, to start any business a person needs passion and constant dedication. Person should be able to identify specific demand and the target customers for his products and services. We hope this list of Engineering Business Ideas will help you to start your own business.