Business Idea: Start An Online Retail Store in 2024
Starting an online retail store is straightforward. All you need is a computer, a domain, and a web hosting service. Then, determine a niche for your online store, and conduct product research before listing products.
You can start your online store based on a drop shipping business model or list your self-made products in your online store.
Revenue & Profitability
How much do online retail stores make?
- On average, successful online retail stores report $2.07M/year in revenue.
- 92% of online retail stores report being profitable.
Startup Costs
How much does it cost to start an online retail store ?
- It can cost as low as $20 to start an online retail store .
- It can cost as high as $1,000,000 to start an online retail store .
Learn more about the costs of an online retail store .
Examples Of Successful Online Retail Stores
Successful online retail store businesses and case studies
Trunki CEO and Founder Rob Law turned his innovative ride-on kids suitcase design into a global lifestyle brand, selling over 4 million suitcases in over 100 countries and earning Β£9.5 million in 2019, by understanding his customers and prioritizing customer service and reviews.
Meet Tyler Macke, the 21-year-old founder of SendAFriend, an e-commerce brand that sells stuffed animal care packages, which began with $50k in revenue in 2019 and is now on track to make $5M in revenue this year, while donating 10% of revenue to children's hospitals throughout the United States.
See full list of successful online retail stores.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
