Financial Literacy

5 Types of Online Businesses to start in 2024 (with examples)

Selling physical products online is a category of eCommerce that offers tangible items for purchase through digital platforms. Unlike digital products or services, it involves considerations like shipping, packaging, inventory, and delivery methods. 

To embark on this venture, choosing the right eCommerce platform is crucial. Ideal options include Shopify, BigCommerce, WooCommerce, and even platforms like Etsy for personalized gifts.

One of the key advantages of selling physical products is the simplicity of transactions. Unlike some services or digital products, people often find it easier to trust physical items. 

Additionally, you don’t need to be an expert in what you’re selling. The diversity of products you can offer is virtually limitless, from merchandise to apparel, as long as you can efficiently ship them to your clients.

Below, I’ve highlighted some popular and trending products to consider selling online. They are:

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