Online Shopping Business

Business Idea: Start An Online Shopping Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$150K
Avg Startup Costs
$13.7K
Score
81
Market Size
Avg Revenue
Min Revenue
$2.5K/month
Max Revenue
$500K/month
Avg Days To Build
180 days

Looking to tap into the ecommerce boom with minimal overhead? An online shopping business might be the perfect fit. This venture involves setting up a digital storefront where customers can browse and purchase a wide array of products. By utilizing user-friendly platforms like Shopify or WooCommerce, starting your own online store has never been more accessible.

Building an inventory, managing stock levels, and ensuring timely shipping are all part of the daily grind. But the reward? A highly scalable business model with global reach and the potential for significant profits.

If the idea of curating your own product line and reaching consumers worldwide excites you, then the online shopping business is worth considering. With dedication and the right strategies, you could build a thriving ecommerce empire.

Revenue & Profitability

How much do online shopping businesses make?

Startup Costs

How much does it cost to start an online shopping business?

  • It can cost as low as $100 to start an online shopping business.
  • It can cost as high as $75,000 to start an online shopping business.

Learn more about the costs of an online shopping business.

Examples Of Successful Online Shopping Businesses

Successful online shopping business businesses and case studies

Chargeasap, a Sydney-based startup, has raised over $3.7 million and delivered to more than 130 countries, and now generates over $500,000 per month selling a range of portable batteries and charging accessories.

$500K Monthly Revenue
$40K Startup Costs
Read by 9,764 founders

Combat Flip Flops is an e-commerce business that employs artisans and entrepreneurs in conflict zones and has funded 217 years of school for Afghan girls and cleared 2814 square meters of landmines in Laos through direct-to-consumer sales and social media distribution.

$500K Monthly Revenue
$2K Startup Costs
Read by 12,861 founders

See full list of successful online shopping businesses.