3. Subscription service

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Membership-based e-commerce is a business model where customers pay a monthly or annual fee in exchange for exclusive access to discounts and other benefits. This type of online business opportunity can be particularly profitable beca singapore phone number data use it creates recurring revenue streams and fosters customer loyalty.

MysteryBox template for online business
Image taken from Strikingly

A subscription service delivers curated products to customers on a regular basis, usually monthly or quarterly. This type of e-commerce online business opportunity has become increasingly popular in recent years due to its convenience and personalization options.

4. Niche online store
A niche online store focuses on selling products within a specific category or industry, such as pet supplies or organic skincare products. By targeting a specific audience, niche stores can attract loyal customers who are passionate about their interests.

Niche stores have several advantages over general online stores. They can deeply understand the needs of their target customers and create customized products for them. This allows niche stores to build a dedicated customer base and strong brand loyalty.

Niche stores also face less competition because they operate in a specialized market segment. This makes it easier to rank well in search engines and gain visibility. With targeted marketing efforts, niche stores can become an authority in their industry. Many successful niche stores start by identifying an underserved market and providing high-quality products that meet the needs of customers.