4 Profitable Niches For Beginners To Build An Ecommerce Store
Building an online store is comparatively much easier as of finding the right market for it. In order to find the profitable niche for your ecommerce store, you will have to carry out an in-depth research on all possible markets to find the one having less competition and higher Return On Investment (ROI).
If you begin to search for the profitable niches, you will find hundreds of them. However, not every niche will be perfect for you. The niche you will be deciding for your online shop must be targeted to specific set of people. Else, it will become hard for you to make the most out of it due to higher competition.
A small or narrow niche is more likely to get higher rankings in Search Engine Results Page (SERP) as compared to a broad one. Following are few narrow yet profitable niches that you should consider to open an online store on.
1. Maternity Clothing:
Maternity clothing is one of the evergreen markets due to the fact that babies are always being born and needs of maternity should be met. Maternity itself is a broad market for running an online store on. However, the plus size or extra large clothing is the narrowed market on which you can focus. There are very few suppliers and online stores in this niche which will make it easier for you to establish your name in this market quickly.
2. Antique Clocks:
Antique wall and stand clocks do not attract only antique collectors but also the ones who want to become savvy home decorators. If you begin to survey the online markets such as Amazon, eBay, etc, you will see that there are a lot of people interested in buying these antique watches because they are cheap to acquire and look more attractive and eye-catching than any expensive showpiece. Also, the chances are you would not have to ship these items out of your country as there is large audience of antique collectors in every region.
3. Extra Large Shoes:
In my viewpoint, buying shoes is one of the most hectic things in shopping especially for the ones who have plus size feet. It is because most of them do not find a wide range of styles that they like to wear and when they like a design, there is usually issue with the shoe size. On the other hand, made to order shoes are quite expensive and not everyone can afford to pay for it.
So, here is your another niche. You can simply open an online store where you offer trendy plus size shoes and you will see that there are a lot of people who wants to wear trendy shoes but unable to do so just because of their feet size.
4. Heart Rate Analyzer:
It is a known fact that people are becoming more and more curious about their health. The increasing heart diseases have made people more cautious about their health which has increased the demand of Heart Rate Analyzers. It will keep you aware of the heart beat levels which reduces the chances of entering in dangerous high levels.
The demand of this product can be analyzed by the survey conducted by eBay. According to eBay, 75% of the auctioned and listed products have been sold. Also, handling and shipping these products is comparatively easy as compared to any other product. In short, your decision of opening an online store on heart rate monitor will be profitable.