10 Online & Low-Investment Business Ideas
Updated June 26, 2020
Creating a business and getting it started isn’t as complex as it seems. Shopify makes it really easy to where you can focus on getting up and running versus upfront costs and holding inventory. These 10 ideas are a perfect starting point for anyone who wants a side hustle even though they have a busy schedule. Once you come up with a concrete idea, you won’t have to hold inventory and can skip initial costs, but will still have to put your valuable time into creating a brand, marketing, and customer service. Shopify is such a user-friendly platform that you can get up and running in no time, no matter what your passion is.
Here are a few ideas to inspire your creative process to get started on your very own, unique Shopify store!
Partner with a Dropshipper
Partnering with a third-party allows you not to have to store inventory. You design and create your own on a variety of different products and upload them into your own store where customers can purchase them! Once they purchase them, the third-party supplier fulfills the order and ships it to them.
One of our favorite third-party vendors that we like to partner with is Printful. They have a ton of different products that are easy to mock-up and sell on your own store!
Design and Sell Print on Demand Merchandise
Very similar to the previous idea, designing and selling print on demand merchandise works in the same way except is generally more customizable to your liking. With print on demand, you are paying per-product, which means the base price will be more expensive than ordering in bulk. However, if your design hasn’t sold, you didn’t pay for the product just the design outsourced on it.
Launch Your Own Book
Create online products or courses
Some ideas of services consist of music, lessons, courses, and templates that you can get started with for your Shopify store. These are not tangible products, so you will not have any manufacturing or shipping costs to deal with, making your profits initially greater.
Sell Print on Demand Posters, Prints, Artwork, etc.
Start a Charitable Business
Sell a Service
You don’t have to be selling a physical product to have a store on to sell on Shopify. You sell appointments, memberships, consultations, event support, workshops, rentals, etc.
Online Fashion Boutique
Sell Handmade Goods
Build an Audience You Can Monetize
Create a brand, establish an audience, and make money by having sponsored posts, becoming an affiliate, or selling physical and digital products and services on your Shopify store!