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Many people dream of starting their own company, and eCommerce platforms like WooCommerce have made this possible. Launching an online business rather than an in-person shop helps you avoid the costs encountered by brick-and-mortar stores — like renting and renovating an entire storefront.
Whether you decide to start dropshipping or teach virtual courses, you can create a company that allows you to work from home. Plus, eCommerce can provide more visibility and scalability than a brick-and-mortar store.
Why you should start an online business
More than ever, people are turning to the internet for their purchases. In fact, eCommerce businesses are estimated to make $7.4 trillion in sales by 2025. While you may think that retail giants have covered the entire market, there’s plenty of room for stores dedicated to niche interests and superior customer service. If you can align your passion with something people need or want, you’ve got the early makings of a successful eCommerce venture that’s also personally fulfilling.
Plus, when you start your own online business you can enjoy:
- Flexible work hours: Running an online business lets you work from home — or wherever you’d like! — and set your hours. You may even be able to make a passive income while away from your computer.
- Higher visibility and scalability: With an online store, you’re rarely limited by your location. Expand your marketing across borders and ship to customers around the world without big investments in new infrastructure.
- Low overhead costs: Since your business is online, you won’t have to rent a physical storefront, office space, or warehouse.
Six best online businesses to start in 2022
If you’re excited to start an online business, you may be encouraged to know that beyond the niche you serve, there are all kinds of businesses you can start. That’s right, not all eCommerce businesses develop, stock, and sell their own unique products….
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