Online Selling Business

Business Idea: Start An Online Selling Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$890K
Avg Revenue
Avg Days To Build
13 days

Starting an online selling business can be both rewarding and challenging. The essence of this venture is simple: create an online store and sell products directly to consumers.

You'll need to choose a niche, source products, and set up your website. There are platforms like Shopify that make the technical aspects easier. You'll also have to handle customer service, marketing, inventory management, and shipping logistics.

The appeal lies in the flexibility and low overhead costs compared to a physical store. Whether you’re a stay-at-home parent or simply looking for a side hustle, an online selling business offers scalability and the potential to reach a global audience.

This business requires dedication and consistent effort. Mastering digital marketing, understanding your target audience, and staying updated with ecommerce trends can lead to significant rewards. If you have an entrepreneurial spirit, this may be the perfect opportunity for you.

Revenue & Profitability

How much do online selling businesses make?

Examples Of Successful Online Selling Businesses

Successful online selling business businesses and case studies

Learn how Sahil Lavingia grew Gumroad from a weekend project into an e-commerce powerhouse generating $21.2 million annually, using nothing more than elbow grease and cold emails to drive their early growth.

$1.77M Monthly Revenue
Read by 892 founders

Case study about how Sophia O'Neal built Ignore No More, a profitable marketing agency for SaaS companies, working with 2-5 clients/mo and bringing in $13K-$21K/month, with a team of 10 employees speaking 12+ languages, showing how she went from freelancing to agency success despite financial struggles and setbacks.

$13K Monthly Revenue
$5K Startup Costs
Read by 1,325 founders

See full list of successful online selling businesses.