It is now more accessible and less expensive to start an online business than before. Women with little or no expertise in entrepreneurship can launch a business. Here are some suggestions of online businesses for women, particularly homemakers, who want to begin lucrative enterprises from the comfort of their own homes.
COVID-19’s Impact On Female Entrepreneurs
COVID-19’s impacts have been felt worldwide, but it appears that women have been impacted the most, including female entrepreneurs.
One explanation for this is that household and childcare responsibilities have been disproportionately assigned to women. Because of schools and offices shut down, several female entrepreneurs juggle childcare and homeschooling while running their online enterprises.
Of course, this isn’t the only reason. Female company owners were substantially less likely to solicit for and get business capital before the epidemic, implying that women fared worse during the outbreak.
Even though female-led enterprises were operating equally and male-led firms before the pandemic, COVID-19 has disproportionately disadvantaged women due to their less advantageous starting conditions. COVID-19 has also significantly impacted tourism and personal services, where women are increasingly likely to own enterprises.
10 Online Businesses For Women Which Can Be Started Right Away
1. Food catering service
Online food and delivery is not a new online business concept, but it has developed as technology has advanced. So far, many businesses have focused on grocery delivery, meal-kit delivery, restaurant table booking, late-night food delivery, and other ways of conducting business.
Making the most of existing resources, avoiding high initial expenses, avoiding capital stagnation, and having a plethora of supporting tools, among other things, are all significant advantages to entering the online food business industry.
Meal advertising and websites/apps for rapid food delivery are booming, making it a fantastic time to sell food online. Women may make internet meals for 3, 4 times the original price with minimal effort, a little cooking aptitude, and some online marketing abilities.
Bags of roasted chestnuts, potatoes, and steaming corn are delicious throughout the frigid winter months. You may entirely integrate these meals in your online food business model to improve your income with low capital and simple processing (buy supplies, prepare, bake on a charcoal burner or oven).
To execute this business concept, you should not only choose high-quality, healthy, adaptable, and delicious components but also pay attention to the packaging quality. When delivering to clients, pick a bag made of cement material with a high heat retention ability or use heat-retaining delivery boxes to keep the food warm.
If you decide to create an organic food shop, you will need time and effort. It’s not only about the items at an organic food shop; it’s also about identifying your target market. The customer segment for organic products is growing, and their requirements are also diverse. For instance, a family may buy different organic items compared to an individual who lives alone, so make sure you know who you’re selling to advertise the right products.
2. Online boutique
Many people opt to start selling clothes on the internet. However, not everyone knows where to begin or sell online efficiently.
You need to know who you’re going to sell something to before selling. This is a crucial stage since it will influence whether the shop succeeds or fails. The online boutique is also one of the best online businesses for women.
Design and make your own clothes brand
Starting a clothing line may be one of the lucrative online businesses for women. Depending on the clothing line you wish to start, the procedure will most likely require distinct processes.
To compete effectively, you’ll need a unique selling proposition that sets you apart from the competition. You first need to find your target customers to see what can make them purchase your items. Will that be the price factors, or styles, materials, …?
Sell thrift clothes
There’s a long-term benefit to selling worn clothing. WRAP, a waste-reduction nonprofit, estimates that £140 million worth of clothes are discarded in landfills in the UK each year. Giving our garments a second life in someone else’s closet is one method to cut down carbon footprint.
Even when it’s selling worn clothes, never neglect your customer service: make sure your products are in excellent shape when they reach their doorsteps. Give them a thorough cleaning, remove stains, and make any minor repairs yourself if possible.
3. Craft/handmade goods
Studies have shown that a group of consumers now yearn for things manufactured by a person— products made by an artist, a creator, a craftsman. The inspiration comes from the enjoyable feeling of recognizing the uniqueness and hard work shown through each detail.
Therefore, no surprise that selling handmade goods online is one of the best online businesses for women.
Handmade jewelry is a popular item to offer at craft events and online. It’s probably reasonable to argue that jewelry is the most crowded handcrafted goods category.
Examine the many forms of jewelry you may manufacture, as well as what fascinates you and which areas are the least crowded. The most common jewelry items include necklaces, earrings, bracelets, and rings, but there are various methods to accessorize with gems and metal that are less well-known.
The candle industry has been on fire for some years now. Candles may be used for various functions, including leisure, decoration, and special occasions such as birthdays and weddings, allowing you to distinguish your brand and carve out a niche.
Selling candles is an excellent initial step into online entrepreneurship since candles are reasonably easy to create and can be made in any home kitchen. To get input from potential consumers, you’ll need a unique business name, a logo, and a product prototype to get your candle business off the ground.
It would be best to focus on your business plan, which should include all of your small firm’s goals, ambitions, and finances. Make sure to look into all of the restrictions and fees associated with running a candle company, as well as the processes involved in launching and maintaining an online store.
Handmade soaps and shampoo are currently in high demand and are considered premium items. As a result, you should consider expanding your company online whether you create handmade soaps from your home or a small workstation.
Soap makers like creating their distinctive blends and smells, and they are frequently enthusiastic about discovering their new favorite formula.
When it comes to making soap, the choices are nearly endless, and many soap makers develop their formulas depending on their hobbies or the materials available to them. Of course, if you want to provide more variety to your consumers, you may get your ingredients from any reputable provider.
4. Online education
Online education is becoming increasingly popular, and many individuals use it to attend college and general education programs. It takes time to acclimate those who have never taught remotely before. This is also one of the most suitable online businesses for women.
Make your research, devise a strategy, and take the plunge. Because online education is still relatively new, there is no one-size-fits-all approach. You may be at the forefront of the online educational trend with little research and planning.
5. Make-up class
What would a world be without glitz and glam? Make-up has earned a significant position around the globe. Make-up has grown in popularity as an art form, with new branches opening every day. This is also one of the best online businesses for women.
The world is going digital, and we must follow suit! The epidemic harms the cosmetics business, just as it does in every other industry. Compared to the old way, providing online lessons is more helpful and safer.
There are a few prerequisites for taking online make-up lessons:
- Make-up items: A basic set of cosmetic supplies for delivering hands-on instruction. All of these items may be found in almost any home. Additionally, specialized goods can be ordered online.
- Mobile/Laptop: You don’t need to invest in professional cameras and equipment. Mobile phones can be used to run online lessons. All you have to do is position your phone or laptop correctly.
- E-commerce marketplace: We now have all the essential resources, but do we have the correct market? It is an online marketplace that links buyers and providers. The marketplace must be very functional and user-friendly.
It’s a great time to start an online make-up business since the competition is low and high profits.
6. Visually-related work
Do you have sufficient skills in design? If that’s the case, and you’re looking for outstanding work from our online small business ideas list, freelance designing might be a fantastic fit. Freelancing has a lot of advantages. You may take on customers at your own pace, create a strong reputation online and through word of mouth, and work on projects that interest you.
If you’re a talented photographer, you may as well convert your hobby into a source of income. Stock picture sites like Shutterstock and iStock will give you a commission on the pictures you sell. This is a simple and easy way to promote your independence. For professionals, you can even sell your exclusive photos with higher commission rates.
Another item on our list of online businesses for women that you might be interested in is video, particularly if you’re creative or have a history in digital production. With the emphasis on video on social media and other websites these days, you’ll want to take advantage of this trend while you can. As a result, as a video producer, you may work with various customers in various sectors to capture, edit, and produce the right end product.
This may sound like an old idea that everyone has already done, but that should not prevent you from embarking on this online business adventure. Blogging might be a lucrative business for women who enjoy writing or have essential information to give.
Starting a blog as an online business with website builders like WordPress is straightforward, but consistency and quality are crucial to success. You must consistently create and generate high-quality content valuable to your readers if you want to build a loyal following. Readers will want to follow you if you publish content that educates, informs, or entertains them.
You may monetize your blog by selling items such as online courses, digital coaching, e-books, or webinars once you’ve mastered the art of constant content generation. You may also monetize your website by selling ad space or sponsored content. This business plan may take a bit longer to monetize, but it can pay off in the end.
8. Self-publish an e-book
There are now lots of choices for effective self-publishing of your work, whether it’s a science-fiction novel, a marketing guide, or a children’s picture book—and it’s one of the most exemplary internet business ideas for women.
Thanks to Amazon and other websites, self-publishing has never been more simple than it is now. Writing e-books might be a successful business if you think you have something fascinating or helpful to offer and feel others will agree.
You don’t have to worry about designing, printing, or shipping your work when you use e-books. Write, advertise, publish, and sell to anybody, anywhere globally.
Furthermore, because you’re self-publishing the book, you’ll get a more considerable percentage of the earnings if the e-book succeeds. Of course, you’ll need to learn how to properly format an e-book, pay for editing and cover design services, and devise an efficient marketing plan, but there are lots of resources to help you get started.
9. SEO consultant
Maybe you’re a whiz when it comes to SEO (search engine optimization). Many firms are prepared to pay dearly for your assistance if you have a lot of talent and experience in getting websites to rank well on Google and understand how to convert searchers into consumers.
A skilled SEO consultant working with a sound SEO plan can radically transform how a company’s website looks to search engine users — even just a few spots on Google may significantly impact visitor counts. In other words, you can dramatically influence a company’s bottom line, which implies this internet business concept is in great demand.
Many people didn’t even know what a podcast was ten years ago, but the podcast business has since expanded, with newspapers, radio stations, and even average people jumping on board. You may consider podcasting if you have a fantastic tale to tell or something you believe you could talk about regularly and that others would like to listen to. This idea definitely seems like a fantastic last idea on this list of online businesses for women!
Women’s voices are frequently pleasant and motivating, so you may use them to make podcasts more appealing to listeners. Of course, if you have the correct audio equipment, you can podcast from any place. You may then distribute your material through numerous podcast applications and websites and use social media to promote your business.
How Do We Start?
1. Decide which business model/type you want to go with
If your product or service doesn’t have a market, even the most creative company concept will fail. Even if you’ve figured out a solution to an issue that affects a large number of people, if the problem turns out to be one that most people aren’t interested in spending time or money on, you’ve wasted your time and money.
Keeping this in mind, you should assess your concept. Here are a few of the questions you should consider:
- Is your product or service a viable solution to a problem that a significant number of potential consumers are experiencing?
- Is your product or service an affordable answer to that issue?
- Is there a willingness to invest money to remedy the issue?
- How much will it cost you to get your product or service in front of the individuals who need it?
2. Conduct a market research
Market research may help you determine what’s on people’s minds in your sector, which can help you determine which way to take your company and whether your present concept would appeal to that market. For instance, you may use Quora to discover what questions people in your sector are asking and then reverse engineer how your company might solve those problems.
Alternatively, you may look into customer complaints about your competition and then learn how to enhance and give a better customer experience with your own company.
3. Determine the product/service you want to sell
If you don’t have anything to sell, you can’t run a business. So, before you begin, make sure you devote the necessary time, effort, and money to creating an unrivaled product or service.
Every firm will have a different approach to this part of the process. If you want to sell your items online, you may need to spend money on research and development. Suppose you’re starting a digital products company that focuses on e-books. In that case, you may want to hire a professional editor to check over your material and make sure it’s up to par before going online.
The point is that your internet company’s success depends on your ability to market your product or service effectively, so don’t cut corners and make sure that whatever you’re offering is something that your clients will be thrilled to acquire.
4. Develop your website
The website of an online business is just as vital as the actual location of a brick-and-mortar firm, and you should treat it with the same care you would if you were looking for a space and a lease.
Consider various payment processors while planning how you’ll create your website. Hiring a website developer to assist with the development of your site makes good commercial sense for many online businesses.
Tigren is a recognized Magento e-commerce website development company that you can rely on for both the quality of website development services and cheap costs tailored to each business’s demands. All you have to do is tell us about your project and the goals you want to achieve for your company, and we’ll build the perfect website for you and provide specialized assistance from the consultation stage to the warranty policy.
5. Figure out how you want to market your business
While you’re working on each preceding process, it’s critical to advertise your web business. Your business plan will have given you the data you need to create efficient marketing tactics for your target market. It’s crucial not to cut corners on implementation, regardless of your tactics.
You will pave the ground for a successful launch by building up your target market’s anticipation of your debut using social media and numerous promotional strategies.
Powerful Tips For Female Entrepreneurs
1. Be aware of your target market
One of the most crucial topics to consider when developing branding tactics is what you want your audience to think of you when they hear your name. And, before you can answer this question, you must first determine who your target audience is.
Knowing your desired customer inside and out is essential for designing your brand mission statement and other essential brand materials like your website and social media accounts.
2. Build relationships with your customer
Hold online workshops or a live stream to interact with your customers and offer advice on the topics you addressed that day. This will help you build a stronger bond with your consumers.
This may assist in establishing your company’s reputation and support and place your company on the map. As a result of the epidemic, several online workshops and conferences are taking place.
3. Never stop learning
There will always be parts of your business that you don’t fully comprehend, but you could surprise yourself and discover a new skill if you give them a shot.
You may never have attempted coding before, but you may find that you enjoy it. Then you’ll have the extra benefit of using your newly acquired coding abilities to your firm and creating software that meets your specific requirements.
4. Have a professional website
You’re going to do business online, so of course, owning a website is essential. But not just any website will do, you’ll need an optimized one. Pay careful attention to the web’s design and user experience. The best way to do this is to have an e-commerce web development provider build the website for you, as suggested above.
This approach might seem a bit costly at first. Yet you’ll soon see the long-term benefits of a professional website for your business.
5. Make connections with other female entrepreneurs
Networking is the act of making and maintaining relationships with people, and it may assist you in learning new skills, exchanging ideas, and even advancing your career. You may network effectively in various ways, including attending networking events and networking online through social media.
6. Face challenges with courage
Being a female entrepreneur amid a sea of males might be difficult, but the advantages are immeasurable. However, you must understand your worth as an entrepreneur since you will undoubtedly encounter people who undervalue you.
For online female entrepreneurs, self-confidence is paramount. Women are prone to questioning themselves, yet it’s critical to have faith in yourself and your ability when beginning a business.
A lot of businesses fail the first time they try it. That’s just the way things go in life. However, while beginning a business, you can’t be terrified of failing. Even if everything goes well, there will be flaws, and you’ll be able to learn from them and grow over time. During decision-making, fear will only get in your way.
Having said that, while beginning an internet business allows you to be more flexible, it also requires you to work exceptionally hard to locate clients, advertise your services, and maintain a consistent revenue flow. It is not for everyone to start an online business.
There’s no better time to get started if you’re contemplating any of the items on this list of online businesses for women. You’ll be on your way to a prosperous lifestyle that most people only dream about by investigating the many options, choosing a startup concept that will work for you, researching ahead of time, and executing an excellent business plan.
FAQs About Online Businesses For Women
1. What types of business should I go for?
It is contingent on your work experience and personal preferences. Internet service-based enterprises (as a progression from a freelance side hustle) and product-based online businesses (such as online retailers) are both attractive possibilities. Both demand the least initial investment and can grow successfully over time.
2. Are there any financial sources from which I can get my funding?
Finding capital might be the most challenging aspect of running a successful business, but it’s also the most gratifying. To keep your firm viable, you can use personal investment or recruit allies along the road (whether they’re friends, angel investors, or venture capitalists).
3. What are the essential parts of a business plan?
The essential components of a business plan are executive summary, overview and objectives, goods and services, market opportunities, sales and marketing, competitive analysis, operations, management team, and financial analysis.
There are quite a few resources to refer to write an effective business plan. For example, you can refer here.
4. What are the challenges I may face at the beginning of my business journey?
Working for yourself without the security of a regular paycheck may be isolating, stressful, and challenging. First, it’s easy to get caught up in the enthusiasm of a new company concept and launch without doing much planning ahead of time.
However, a lack of preparation might result in your company running out of funds or unprepared for critical tasks like marketing or working with suppliers. Entrepreneurs who plan and establish goals for themselves are more likely to succeed.
Furthermore, as a first-time entrepreneur, you are unlikely to know everything there is to know about running a firm. A lack of understanding can lead to costly blunders that could have been avoided. You’ll also have to deal with many demands on your time and energy while starting a firm.
And one of the biggest challenges for those opening an online business is poor financial planning. Your business will fail if your operating expenses exceed your revenue.
5. Are there any events for women entrepreneurs to expand their networks?
Networking is critical for any business. It aids in developing solid commercial connections and investment and project activities.
Women Tech Global Conference, Selfmade Summit, Women into Leadership, Women in Retail Summit, Women in Business & Tech Expo… are a few examples of general and separate startup groups for women to consult and get to know each other, expand cooperation in the future. More organizations are now looking to run more similar events to boost online businesses for women.