8 Lucrative Internet Business to Start in 2020
The global Internet marketing sales has been predicted to hit $4.8 trillion in 2021, up from the $3.4 trillion in 2019. If you are one of the hundreds of thousands of Internet business owners in the world right now, maybe you are wondering how you can branch out and bite a piece of that trillion-dollar pie. Do not worry, We have got you covered.
Here are 6 Internet business ideas that will earn you handsome profits in 2020
The eco-friendly products and lifestyle are a topic more and more common. Today more countries consider implementing a single-use plastic ban and many governments are actively promote a more sustainable life. For this reason, consumers are always looking for products to help them implement this lifestyle, such as water bottles, bamboo t-shirt, vertical gardens online.
This is a niche market that is going to continue gaining popularity in the coming years. You can make good money selling eco-friendly lifestyle products like washable lunch kit and portable ashtrays, solar power banks. The best part of this idea? You’ll be selling profitable products while also helping the environment. It’s a win-win for everybody.
The best Internet business ideas are ones that solve a real, everyday problem. In today’s modern world, which does not have a smartphone? Because nearly everybody owns some sort of cellular phone, it makes business sense to sell mobile phone accessories. Phone cases, power banks, and even PopSockets are great ideas of simple things you can sell to customers around the world.
Selfie drone is a small, unmanned flying vehicle used to take photos or videos from an aerial perspective. Using at least three propellers and typically less than two feet in diameter, a selfie drone is remote controlled.
Selfie sticks are so last year. Selfie drones are in now, and selling them online is easy. Any sort of drone technology or product is a safe bet for an online store in 2020.
As technology advances and the capabilities of drones and cameras continue to improve, consumers are getting more interested. The great news is that the price of drones should keep going down. This makes them more affordable to acquire in wholesale, after which you can resell at a higher price.
Smart Home Products
The global market for smart home products will hit $163 billion this year, and it’s easy to see why. With the rise of artificial intelligence and the Internet of Things, more consumers are craving constant connectivity. Although smart home speakers are probably the best-selling smart home products, it’s a difficult market for small online retailers.
You’re best advised to leave that to big players like Google and Amazon. You can focus on selling cheaper smart home products, such as digital thermostats and smart bulbs. Seems too simple, but because this kind of products is not so popular yet, can be a really profitable internet business.
Portable Accessories for babies
Baby portable diaper changing pads are particularly hot this year, but really anything that can help parents to live their frenetic life and helps take care of their baby is a great internet business for 2020
We have so many accessories that you can sell in this niche market
- Waterproof diapers to swim during summer.
- Multi-functions bags, where you can put all the things you need for taking care of your children.
- Baby Walk Learning Assistant and so on
- Add-ons if you can dropship these products you will not need to spend money in advance and you will have the possibility to find your best sellers without losses. Second, if you can even personalize these baby accessories, it will help increase your sales and improve customer loyalty.
Enamel pins are becoming more popular this year, in part due to their simplicity. Google Trends shows that “enamel pins” have been trending since late last year and are continuing to grow in popularity throughout the first half of 2020.
These little pins are easy to sell, and because they’re usually so cheap to manufacture, you can make a big profit as part of a dropshipping business. The key here lies in marketing the pins correctly. Find a niche market, like skate fans or fans of particular other activities.
As smart home products, 3D products should be pretty popular in the coming years. With the rise of 3D capabilities in terms of both entertainment and productivity, more people are going to purchase products they can interact with on a 3D level.
More specifically, it is a great idea to set up a 3D assets store where people can purchase or trade accessories to use to play video games or apps. You can create an online platform and start selling all the products that are needed in this niche and that can help the 3D lovers to enjoy their video games and other activities.
Denim Clothing and Accessories
Okay, so this one might sound weird. But, denim is trending on Google right now. And, it’s expected to replace leggings for millennials really soon. This makes denim one of the top eCommerce business opportunities you’ll want to get in on now before it gets too hot.
Jumping ahead of the trend is always a great idea. Plus, if you can start creating Instagram accounts to promote your product now, it’s an easy sell. Any product that you can show off with great photography on social media is a great idea.
Implementing any of these Internet Business Ideas is easy with Yakkyofy. If you want to start an Internet business but you do not have so much experience or money to start your business? You can think about using dropshipping as supply chain method for your store.
In this way, you will buy a product only when an order arrives at your store and not in advance. A dropshipping business, not only is it easy to set up, but it also requires little to no work on your end regarding inventory.
Anything you can dropship makes for a great Internet business. And all the products we spoke about above, can be easily dropshipped with Yakkyofy. Yakkyofy is a dropshipping platform that helps manage and automate all dropping business daily tasks.
All you have to do to bring any of these Internet business ideas to life is set up an online shop and request quotes through the Yakkyofy Chrome extension. You will receive a quote and shipping details and voila! Your customer receives the product you choose to sell. You can check out Yakkyofy Dropshipping platform services.
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