2021 will be the year of hope and new businesses as a lot of new entrepreneurs will look forward to capturing the ecommerce boom. The pandemic has reinforced the importance of local businesses and their participation in the economy. Having said this, the abundant time spent during the lockdowns have inspired many people to go for a side hustle, pursue moonlighting, and even start a full-fledged business. And this time, the businesses will have tactical advantages over the existing ones since they started when the market sentiment wasn’t very bright, and it didn’t give much room for inefficiencies either. Today, I am going to throw some light on the top 9 ecommerce store ideas that are likely to gain momentum as the vaccination drives gear up across the globe. To help our fellow readers, I will include the links to our resources where they can find proper tools for their business.
#1 Travel Accessories
As the unlock process will start in parallel with vaccination, the first thing that will come to our mind will be traveling! This leads to making travel accessories’ demands one of the most anticipated and prominent ones as far as 2021 is concerned. This will include travel bags, grooming accessories, locks, shoe bags, toiletry kits, handle wraps, travel pillows, compressed towels, and oral care products like toothpaste tablets. According to a recent survey, 70% of the respondents said they were planning to travel in 2021, while 45% were dreaming of doing so. Thus, the overall outlook feels very optimistic about the travel industry. If you are currently selling these products, this is the right time to start marketing them to establish your brand. If you aren’t selling them currently, you can find them on our list for dropshipping companies.
Apparels are also expected to witness huge demand as people have been working from home mostly in pajamas and leisurewear. We expect athletic clothes, party wear, formals, and athleisure. According to a survey, the demand for online fashion stores has nearly doubled in 2020, with most of the markets expected to recover between 2022-23. If you want to start an apparel store, you can also go with customized clothes that are printed on-demand. However, I find most of the online fashion experts, suggesting niche clothing as they go to strategy, and you can also benefit tremendously with lesser competitors fighting to grab your customers’ attention. However, you will need to streamline your operations significantly right from the starting as the fashion industry is all about trends and seasons. It makes it essential to be responsive and agile to market demand. Orderhive has listed the list of top 10 apparel management software to help our readers choose the best solution for their business.
#3 Gardening And Pet Products
Gardening and growing our own food became popular during the pandemic as people 1were looking for new pastimes. Homegrown veggies became an instant hit as it became a hobby with nutritious benefits. The good news is that many companies have allowed their employees to work from home on a permanent basis, and people are also looking forward to work from their hometowns, creating a reverse urbanization scenario. On the other hand, our pets also saw their favorite ‘Hoomans’ staying around 24×7. On the other hand, many people adopted pets to do away with the loneliness felt during the lockdowns. Thus, selling gardening essentials and pet products online can be a profitable venture in the foreseeable future. To help you find the perfect solution10 for your ecommerce store, Orderhive came up with this list of the top florist software.
Art products have been extremely popular at ecommerce sites as people get a wider variety of items to choose from. I find that post-Covid-19, artistic items will gain traction as people start meeting each other in person and work from new offices/homes. Its market is expected to grow at 4.5% CAGR in the next decade. The artwork is not limited to vases and paintings as popularly conceived, and you might want to go for collectibles, niche items, limited edition artifacts, and unseen products to capitalize on the exclusiveness offered by various art forms. In such conditions, it is advisable to have full-fledged inventory management and shipping management software as the lead times tend to be considerably longer with order quantities on the lower end in most of the cases. You may have a look at our list of art gallery software for your ecommerce store.
#5 Baby Essentials, Maternity Care And Toys
One of the most talked-about aspects of the lockdowns was the evident baby boom! Perhaps people found it a perfectly right time to plan for expanding the family amidst the ongoing pandemic, and it’s good news for online retailers looking forward to selling maternity care and baby products. Right from diapers to baby food and bathing items will see momentum in the near future. Maternity care products will also be in demand while we can expect the toy market as it is forecasted to reach USD 120 billion in 2023. Have a look at our list of ecommerce software to select the right solution for your web store.
#6 Food Items
Online shopping for food products isn’t new, but the pandemic push is providing some promising results for the online food delivery business. In 2021, its revenue is expected to touch $ 151.53 billion, finds Statista. Packaged food items will also stay in demand as we continue our transition in the post-pandemic era. If you are looking forward to starting an online food delivery business or selling packaged food items, the market forecasts look lucrative for entering the industry. You may like to have a look at our list of Food Service Distribution Software as we explored some of the best software solutions in the industry.
#7 Beauty And Health Products
Another significant result of the stay at home lifestyle was getting extra calories, and love handles! Many people saw the weight scale spinning further as they enjoyed a cozy lifestyle spread over months,, which will create demand for beauty and wellness products. Between 2020 and 2025, the beauty and cosmetics market is expected to grow at a CAGR of 4.35%. On the other hand, we can also expect good revenues for home gym equipment. Starting a web store for selling these products in 2021 can be a good idea, but you will need to ensure that you are sourcing these products from locations that aren’t going to hurt your business prospects owing to trade stagnation. All in all, health and beauty products will continue to lure more entrants as we progress into 2021.
#8 Dropshipping For X
One thing about 2020 that all of us will remember is that it was a pandora box full of surprises, and I find that newer opportunities will surface in the next decade. Traditional business models are less likely to make it through, and responsive business models like dropshipping will fill this gap. Many entrepreneurs choose to drop ship before they actually launch their business online because it helps to get hands on experience and the opportunity to learn about the market demand. The products may change rapidly, but having a proper infrastructure will allow you to make the most out of any demand spike without costing you an arm and a leg. Do read our guide on dropshipping and our list of top dropshipping software to learn more about this popular business model. No matter what people say, dropshipping is not likely to go anywhere, given its competitive edges over traditional business models.
Though we have included 8categories, you can explore far more business ideas around yourself as conditions start to normalize. Recently, Jayneel Patel had discussed the future of retail and ecommerce, where he mentioned that online sales would become complimentary to the physical stores. Thus, there are brimming opportunities in almost all sectors, and setting up your ecommerce store will surely help you make the most out of the transition. Let us know if you are looking forward to setting up your ecommerce store and needing an automation solution.
- Resource 1: How to Start an Ecommerce Business (A Complete Blueprint)
- Resource 2: How to (Realistically) Start an Online Business That (Actually) Grows
- Resource 3: 4 Insider Tips for Starting an eCommerce Business in 2021
- Resource 4: 10 Ecommerce SEO Strategies for Success in 2021 and Beyond
- Resource 5: How Coronavirus (COVID-19) Is Impacting Ecommerce [January 2021] – ROI Revolution
- Article 1: Dropshipping Ultimate Guide | Tips | Hacks | List – Orderhive
- Article 2: Major ‘common invoicing mistakes’ and how to avoid them – Orderhive
- Article 3: Pharmaceutical: The latest player to enter eCommerce through Automation
- Article 4: How an Automated “OmniSoftware” Software Can help Sports Wear Companies Become An Omnichannel Business
- Article 5: Product Bundling – Ultimate guide | Orderhive
Neel is a creative who's always ready to lay his hands on anything that is innovative and captures masses. He is currently working with Orderhive. Apart from technology and business practices, he drools over psychology, history, and cinematography. You can find him on hiking trips, talking over anything from alien belief systems to 90's cartoon shows.
Unlock the power of ‘Enterprise’.
Orderhive Enterprise is here to make your life easier by automating your process.
Reduce your operational costs and grow your business with our enterprise inventory management software that’s tailored
to your business needs.