With so many startup business ideas in 2018, it can be hard to figure out which is worth pursuing.
You’ll want to create a store in a niche that’s not only profitable but also great for the long-term.
You may notice that a lot of the business ideas on this list have been growing in popularity recently.
While jumping on a new trend can sometimes be risky – it can also be highly rewarding.
Also, I helped put together this new video that outlines 10 new online business ideas that’ll make you money in 2018 – feel free to check this out as well:
Some of the ecommerce business ideas on this list have always been popular for a long time making it more competitive but less risky. However, all the niche examples on this list will help make you money.
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List of Online Business Ideas
Let’s take a look at the list of online business ideas that’ll make you money in 2018:
#1: Selfie Drones – Business Ideas
The drone niche is one of the best niche examples for a growing trend. Approximately 600,000 drones are expected to be used in the air by 2018. From drones delivering packages to farmers checking out their crops to videographers getting the best aerial shot, there’s a growing demand and interest in this niche market. So much so that by 2020, the industry is expected to grow to $127 billion. Selfie drones have seen recent surges in popularity making them the drone you should consider selling for your business idea. Selfie drones allow people to easily take pictures of themselves from different angles without needing a selfie stick.
If you decide to pursue this particular business idea, you’ll want to figure out which market to target. You can dropship selfie drones to millennials who love taking selfies and taking cool pictures when they travel. When marketing your brand, you’ll want to showcase a collection of cool images that were shot with selfie drones. You can also dropship toy drones catered to children or hobbyists. When marketing this type of sub-niche, you’ll want to showcase the experience of how fun it is to fly a drone around. You can also dropship drones with cameras that can be used to monitor crops, record aerial shots for weddings or commercial projects. With this type of niche market, you’ll want to ensure you choose higher-end drones, which will likely cost more money, as your demographic cares about video and image quality.
#2: HIIT Equipment – Niche Examples
HIIT (High Intensity Interval Training) workouts are one of the most popular niche examples in the fitness realm. The fitness and weight loss niches tend to be stable and profitable for many entrepreneurs. This startup idea is best for those who are looking to do HIIT workouts as these individuals tend to need equipment like weights, jump ropes, medicine balls, fitness mats and more.
You can dropship HIIT equipment from AliExpress. You likely won’t find any results on AliExpress under HIIT equipment, you’ll need to search for individual products such as medicine balls, ankle weights, jump rope and more. Ranking for HIIT equipment should be fairly simple as it isn’t too competitive. You can run Google Ads since most of these items are search based. However, if you create video content around your brand, you can likely succeed with Facebook Ads as well.
#3: Smartwatches – Startup Ideas
By 2018, there are expected to be 141 million unit sales of smartwatches around the world.
By 2018, the smartwatch industry is expected to shoot up to an astonishing $19 billionworldwide.
Yet, by 2019, it’s expected to earn $53.2 billion in sales revenue. Whether it’s being used to track steps or plan your day, there will likely continue to be innovation in this niche. It’s safe to say that this business idea has huge potential.
By 2018, the smartwatch industry is expected to shoot up to an astonishing $19 billionworldwide.
Yet, by 2019, it’s expected to earn $53.2 billion in sales revenue. Whether it’s being used to track steps or plan your day, there will likely continue to be innovation in this niche. It’s safe to say that this business idea has huge potential.
When it comes to smartwatch niche market, you can dropship a range of AliExpress merchandise. On AliExpress, you can dropship smartwatches with heart rate monitoring which would appeal to those interested in fitness or heart patients. You can also dropship smartwatches with GPS for those who like travelling, hiking or doing outdoor activities. Dropshippers can dropship AliExpress’ smartwatches with cameras for those who like taking pictures or selfies. With this startup idea, how you choose to market your brand and who you choose to target can open up a range of possibilities for you in the future.
#4: Mirrorless Camera – Startup Business Ideas
In 2015, mirrorless camera sales were up by 16.5% in the United States resulting in lower DSLR sales. During that time, Canon’s sales were drastically reduced by 21%due to the popularity of mirrorless cameras as they had a collection of DSLR cameras which weren’t performing as well. Despite the high number of people using their phones as cameras, mirrorless cameras have somehow grown and created their own niche market.
With most people using their high-quality phone cameras to take pictures, there’s somehow a growing trend towards mirrorless cameras. Mirrorless cameras are more lightweight and compact than DSLRs which make them ideal for photographers who don’t want to lug around bulky inventory. When growing your mirrorless camera store, you’ll want to emphasize the benefits of owning a mirrorless camera instead of a DSLR. You’ll also want to write content about why you should use a mirrorless camera instead of your smartphone for taking pictures.
#5: Dash Cam – Business Startup Ideas
Dash cams are one of those startup business ideas that’ll continue to grow in popularity because they’re practical while also having a viral element to them. In 2014, dash cam sales increased by 918% in the United Kingdom because of the viral dash cam videos taken in Russia. Many insurance companies now accept dash cam videos in claims to be used as evidence and some may even lower your insurance premium if you have one installed in your car. By 2020, the industry is anticipated to be worth $4.03 billion worldwide.
If you decide to create a dash cam business, you can dropship from a wide range of AliExpress products. The best way to build up on your new business idea is to show how beneficial your product is. You can regularly post videos on your blog or social media of crazy events that happened but were caught on dash cams. If you decide to do this, you need to make sure you blur out faces and license plates. You’ll also want to have permission from the person who recorded the video to share it. By building out your brand, when people search ‘dash cam videos funny’ or ‘dash cam videos 2018’ one of your videos is likely to pop-up if you post regularly. Content creating – blog posts to videos – can help grow this business.
#6: Wireless Earphones – Ecommerce Business Ideas
The wireless earphone market is expected to grow by a rate of 7.0% according to a 2016 report. Wireless headphones currently own 31% of the market share which is expected to continue seeing growth. The retail market for the headphone industry is expected to grow to $15.8 billion by 2025 making it worthwhile for entrepreneurs to start businesses in this niche.
Wireless earphones is a startup business idea growing in popularity due to the advancement in technology such as Bluetooth and wifi. However, there’s also a convenience component to them. You can dropship wireless earphones from AliExpress, with many suppliers offering free ePacket shipping making it affordable for consumers. When building a brand, you’ll want to create articles about wireless earphones and different target audiences who’d use them. You also want to showcase the convenience of having them. You could create videos of people using them while they run, commute to work or take it out of their backpacks without having to untangle them.
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