Building Your Online Business: Top 5 Products to Sell in Singapore
Posted on May 11 2021
The internet and technology have given every business owner the opportunity to go digital. Some enterprises are now transitioning to online shops and those who want to build their first business are starting with an e-commerce website. Due to the Covid-19 pandemic, business owners are encouraged to make the switch and move their businesses online for a lot of good reasons - to tap into the growing number of online shoppers. In fact, with nearly three in four consumers in Singapore shopping online more frequently as a result of the pandemic, the possibilities are endless for any business. Instead of totally closing down, businesses operating online are still generating sales. Undoubtedly, home-based businesses are the current trend right now.
If you’re wanting to start your own online business, this is the best time to start. But the real question is: How do you know what products to sell?
There are many things to consider when choosing a product. You need to make sure it's trending, that there is demand for the product, and that you have enough time and money to invest in inventory. You’ll also have to be constantly on top of things or you'll fall behind. Luckily, we have done the research for you! Here are some of our top picks for the most popular and profitable items on the market:
What to Sell Online: Ideas to Get You Started
For starters, you can never go wrong with clothes. Whether you’re selling your own clothes or starting a clothing line, it’s a profitable business worth exploring. With clothing measurements designed to cater to Singaporeans, you can bet that you’ll find a loyal customer base once your customers discover the right size and style that works for them.
2. Skincare products
Especially if you’re incorporating eco-friendly practices in your business alongside your unique skincare products, you can attract customers despite being new in the market. What people look at when shopping online is brand. If you are trying to establish your own brand, make sure you adopt the right strategies to sell.
Shoes are also a constant necessity but due to the pandemic, people may choose to look for products online and order straight from there. If you are targeting shoe lovers in Singapore, you will definitely earn big from your e-commerce website. Don’t forget to ship them out in shoe carton boxes to protect the product during delivery.
Perfumes are also one of the top products sold online. What more if this is only one of your categories when you establish your home-based business? Try natural perfumes and colognes - and as a start, you can also highlight your fragrances as memorable gifts for special occasions such as Valentine’s Day and Mother’s Day.
5. Home cleaning products
Finally, home cleaning products are no doubt a best-seller as they are always in demand. Even before the pandemic, homeowners are already buying their household supplies online for increased convenience. Don't waste this opportunity to target one of the largest markets in Singapore.
Differentiate Yourself With Quality Packaging Materials
Now that you have the top products to sell on your e-commerce website, don't forget about the packaging supplies required to complete your customers’ experience with your brand. Your products will need to look good from the inside out to make a lasting impression. Remember that quality packaging plays an important role in establishing your online brand. The more presentable your products are, the more people will feel confident to make repeat purchases and continue ordering from your business.
For businesses in Singapore, MillionParcel offers carton boxes of all sizes and many more packaging materials at an affordable price. Should you need gift boxes, masking tapes and other types of packaging, feel free to reach out to us for more information.