Unique business ideas in hindi
1. Purchasing a large inventory of a product and selling it online by the piece
Many businesses operate around one simple concept: purchase a large inventory of products, import them, and sell individual items for a profit.
Maybe you’ve recently been abroad and seen unique products that you can’t buy in the Netherlands, but that you think people would be interested in. Or maybe you focus entirely on a niche market and you know exactly what your customers are looking for.
If the products you have in mind are relatively easy to store and ship, you may have hit upon a really good idea for a home-based business.
Your home as a showroom
You can even use your home as a showroom in the beginning to sell products to people in the neighborhood. This gives you the opportunity to test your idea before you start investing in more storage space or staff. This is also how Artemis Design Co. started.
“I was living in Boston, and my entire living room was filled with products. People came to me to look around and try them on, and that’s how I sold my first products.” Milicent Armstrong, Artemis Design Co.
2. Selling homemade products
If you are (or know someone who is) a creative, consider making your hobby your profession. Even if you have to make your products somewhere else – in a studio, restaurant kitchen or workshop – you can still store them at home and sell them from home.
If you have complete control over almost every aspect of your own product, you can increase cost effectiveness, improve quality, or make them for a specific audience by responding to a market demand.
Josh Pigford already had a thriving home-based business as a business analyst, but he also wanted to do something with his creativity. So he started 3D printing plant pots for cacti at home. His company Cedar & Sail now sells plant pots, coasters and other small gadgets for your desk.
Cedar & Sail homemade products webshop
Whether you start by selling through a platform like Etsy or Marktplaats or immediately build your own webshop, selling your own creations is worthwhile and always a great way to share your passion with the world right away and make money. Make sure you know what the laws and regulations are if you want to sell products that people can eat, drink or put on their skin.
Read more about homemade products
In the articles below you will find much more useful information about starting a home business selling homemade products:
The best part is that making your own products never has to grow over your head. If demand increases you can simply hire (more) staff to help you with production.
3. Starting a dropshipping business
So far we’ve looked at businesses where you have to store your stock at home. But there are also a number of webshop ideas where you don’t have to take stock and shipping into account.
These are webshops that use a dropship model, where third parties make, store and ship the products for you and only the marketing and customer service are your responsibility. Subtle Asian Treats is a good example of a home-based business that uses dropshipping.
Dropshipping suppliers are usually based abroad. When selecting a supplier, pay attention to their behavior after you pay – they must consistently deliver high quality, or their unreliability could damage your company’s reputation.
There are even Shopify apps, such as DSers, that can put you in direct contact with suppliers. This app allows you to put products in your store, and it also optimizes order fulfillment for you.
How to compete in dropshipping?
Basically, dropshipping means that you become a distributor of third-party products and take on the cost (both in terms of money and time) of marketing, for which you are rewarded with the profit you make on sales. In many cases, this means you can’t add very much branding to your customers’ shopping experience. But fortunately, there are a few other ways you can compete, even if you’re selling in an already fairly saturated market.