Is it profitable to start an online business in recent days?
With the continued growth of technology making it easier to enter online markets, and the increasing struggles brick-and-mortar retailers are facing with high overhead costs and a decreasing customer base. It has never been a better time to enter into e-commerce.
Take Shopify or WooCommerce: you can easily create an ecommerce store on those platforms to start an online business. You can do dropshipping business as well.
You can sell your stuffs on Amazon or eBay as well.
With internet, opportunities are limitless and they are very profitable.
You can easily research the exponential growth of internet based businesses online. Shopify is growing 70% each year which is a huge growth.
If you have got any skill, you can sell it online on different marketplaces like:
There are many great resources out there to help you create an online business and to better understand what this would look like.