Adopting digital technologies is the best way to cope with the situation and prosper. Consider this: if you own an online business, you can ...
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Adopting digital technologies is the best way to cope with the situation and prosper. Consider this: if you own an online business, you can continue doing business even if there is a lockdown.
In the end, we should concentrate on creating a resilient company. one that can endure both lockdowns and without them.
Your Online Business Will Thrive in the Pandemic
The days of a business owner simply relying on a physical location where clients come, search for a parking space, make a purchase, and do everything in between, are long gone. Starting an eCommerce business in the Philippines is not only more affordable, but it also comes with other advantages:
- It only takes a few clicks to get going.
- It is less expensive than opening a physical store.
- Customers can access your online store from any location and at any time.
- Using only your laptop or smartphone, you can manage your business while on the go.
- Automating your firm makes it simpler to increase earnings.
Top 12 Food and Beverage Business Ideas
Food unites Filipinos. Our culture is centered around food, whether it is a modest family get-together at home or a joyful national holiday.
Customers are increasingly choosing to order meals online and have it delivered to their homes as eateries are compelled to rethink how they conduct their mining operations.
1. Milk Tea, Shakes, Caffeinated Drinks
Capital Needed: PHP30,000 to PHP300,000
Starting a milk tea business online in the Philippines is a terrific idea. Since it's hot all year round, people frequently order milk tea, shakes, and caffeinated beverages to stay cool while working and studying at home.
Additionally, making these cocktails is quick and simple. This tiny business can be started by someone with little to no expertise. Even suppliers and franchises are readily available, so you don't have to launch a company from scratch.
To that end, a larger cash is required if you want to franchise from well-known milk tea companies.
2. Fast Food
Finance Required:
- 2,000–5,000 PHP (Homemade Food)
- 1,000,000 PHP (Franchising)
If you enjoy cooking, fast food is a lucrative eCommerce venture to launch in the Philippines.
Samgyup-to-go, maki/sushi, fresh veggie rolls, and vegan/vegetarian meals, to name a few, are currently popular food items to offer online. The tried-and-true street food business concepts like kwek-kwek, fishball, kikiam, samalamig, and that-that are also an option.
If you don't want to launch a company from scratch, you may instead think about franchising well-known street food or regional restaurant franchises.
You can start a new company from home and take online orders. Finding a website builder that can quickly integrate with various payment methods and nearby delivery companies is the key in this situation.
Searching for ideas? Watch how this backyard food business grew into a household name and is now dominating the eCommerce market.
3. Pastries
Capital required: between 3,000 and 40,000 PHP
Making pastries and other baked items can be a profitable eCommerce company in the Philippines in addition to cooking. Even less startup money is required for this new venture.
There are countless alternatives for pastries. Buns, bread loaves, cupcakes, brownies, and cakes are all favorites among Filipinos. You need to decide whether you want to target the general public or concentrate on making specialty pastries.
Additionally, you'll need to make investments in commercial-grade baking equipment as your company expands and demand rises. Although starting this eCommerce business in 2023 will take a lot of time, perseverance, and work, it is unquestionably a profitable food idea.
Once you've decided on the goods to sell, don't forget to design your pastry shop's internet marketing strategy so you can entice clients.
Essential Goods Reselling
Demand for necessities is rising, especially as more individuals choose to shop online rather than visit their neighborhood supermarkets. Unquestionably, one of the top eCommerce business concepts to start in 2023 is the resale of necessities.
In online markets, sales of necessities have significantly increased. In fact, among the top items regularly bought online over the previous two years were medications, cleaning supplies, and personal hygiene items.
4. Cleaning & Disinfecting Materials
A minimum of PHP 5,000 is required for wholesale purchases.
The need of maintaining cleanliness and health is regularly emphasized throughout the entire world. Hoarding of products and a change in the priorities of Filipino consumers were both brought on by the dread of being ill.
All of a sudden, gallons of alcohol and disinfectants are available. Air purifiers and UV lamps have become commonplace items.
By becoming a distributor or reseller, you can make money while supplying these necessities to people who would rather stay indoors.
You might also think about producing and marketing liquid detergents. Attend workshops to learn the best practices for launching this kind of eCommerce business. The future? You can wind up working for hotels, restaurants, and dry cleaners as a provider!
5. Fresh Produce
Capital Required: 1,500 to 20,000 PHP
As an eCommerce venture, think about selling fresh goods like fruits and vegetables. The fact that you can team up with local farmers to assist local companies and advance sustainability makes this a fantastic eCommerce business concept in the Philippines.
To appeal to people who are more health aware, you could concentrate on offering an organic product that is grown nearby. In addition to selling to individuals, you can supply restaurants and other home-based food enterprises.
Since you'll be selling perishables, choosing the correct eCommerce platform for your business is crucial. Your clients can use Prosperna shipment to automatically schedule shipments so that their orders will be delivered right to their front door.
6. Pet Supplies
Capital required: at least PHP5,000
The majority of Filipinos have dogs that they adore and treat like members of their family. Selling pet food, toys, grooming supplies, and other necessities can bring in a sizable profit. Your initial investment will depend on the types of pets you want to serve and the goods you plan to sell.
To grow your business, you might also think about providing pet grooming, pet sitting, and pet boarding services. If you wish to provide these services, you would need to have the required abilities, and knowledge of various animal breeds, varieties, and temperaments.
On the plus side, you'll never run out of clients, especially if you provide their owners with ease and peace of mind regarding the care of their dogs.
7. Grocery Items
Capital Required: Between PHP5,000 and PHP20,000
An online convenience, grocery, or sari-sari store is one of the greatest eCommerce businesses in the Philippines to get started. Selling groceries online and having them delivered right to your clients' homes is highly advantageous if you reside in a busy location or even a remote hamlet.
BeYou will become the locals ' preferred internet retailer because it's much safer and they know you can deliver quicker than other merchantsIt's best to use cashless payment methods like eWallets and bank transfers so that you can take safety precautions.
8. Secondhand Clothes
Capital Required: PHP 0 (if selling your old items) and PHP 5,000 and up (if purchasing significant quantities of used clothing or reselling high-end goods).
You can launch an online clothing Business if you have a large collection of apparel, accessories, and footwear that you rarely (if ever) wear. It motivates you to purge your possessions while also allowing you to serve a market of Filipinos who enjoy purchasing clothing at a discount.
As an alternative, you can purchase collections of used clothing or surplus branded clothing for resale. If you have artistic talent and sewing skills, you can start your own clothing line by customizing used garments.
9. Handmade Products
Between PHP10,000 and PHP15,000 (depending on the items you'll need) in the capital is required.
If you enjoy making things with your hands and want to sell them online, you can utilize your imagination to make things like purses, wallets, accessories, and jewelry. Upcycled goods are another popular type of merchandise to market; extra points for advancing sustainability!
You might also look into utilizing homemade soaps as opposed to commercial soaps, which is a trend among Filipinos. Online workshops are available, and your kitchen can serve as the base for an eCommerce venture.
Given the fierce competition in this market, here is a quick marketing suggestion for your handcrafted products company: Don't only promote your goods. Sell the product's backstory.
10. Artworks
Finance Required: The cost varies according to the materials used.
There are so many simple or grandiose ways to create art. Any form of art, including painting, drawing, music, photography, digital arts, woodworking, calligraphy, etc., can be turned into a business and sold online.
The benefit of setting up an online Business to sell your artwork is that customers can readily examine or hear it whenever and wherever they choose. You can either build a portfolio to display your greatest works for commissioned art or sell your finished artwork.
11. Home Decor
The capital required for wholesale supply is between PHP5,000 and PHP20,000.
Since working remotely has become the new norm, you can concentrate your eCommerce business on selling equipment that allows people to effortlessly convert their house into an office during the day, such as desks and chairs, couch beds, and daybeds.
Simple items for house decoration like curtains, carpets, rugs, pillowcases, and blankets are also available for sale.
Alternatively, if you enjoy shopping and discovering excellent bargains, you may Start an online Business that buys and sells used vintage furnishings or other items.
12. Cookware & Utensils
The capital required for wholesale supply is between PHP5,000 and PHP20,000.
People are working from home more and more, which naturally means that they have more time to spend in the kitchen. A great method to enter this market is to provide home cooks with the ingredients they require. Market to those who are learning to cook at home as a pastime.
To avoid worrying about storage and shipping, you can start a dropshipping business, become an authorized distributor, or buy wholesale and sell retail. Since you want to make sure that you're selling high-quality products on your internet Business, the key in this situation is to select a reputable and legitimate supplier.
13. Gardening Plants & Tools
Capital Required: 3,000–10,000 PHP
By offering gardening supplies and equipment, you may get into the Philippines' expanding plantation and planta sector.
Selling your own plants is one way to make your gardening hobby financially rewarding if you have the room and a green thumb. Selling succulents and houseplants is a profitable endeavor. While herbs, lettuce, and tomatoes are grown hydroponically are also becoming more popular.
You can create an online Business that sells gardening tools and materials to enthusiasts if gardening isn't your thing but you're good at obtaining supplies.
14. Electronics
Capital Required: 3,000–20,000 PHP
It's clear that people need devices to keep connected to the outside world.
Filipinos are warming up to buying electronic devices like cellphones, computers, tablets, and gaming consoles online as remote work becomes the norm. There is also a market for selling high-quality used or refurbished technology for consumers on a tight budget.
This could be a terrific eCommerce business idea for you if you like gadgets or if you have access to vendors where you can buy wholesale gadgets.
Customer service both before and after the sale is crucial to your success in this industry. This is true for all internet businesses, but it is especially important if you are selling pricey goods like electronics.
Final Thoughts
All you need to get started with the majority of these company concepts is access to the internet and some basic tools. So why do you still wait? Start evaluating your alternatives to see which one suits you the best.
Prosper is here to help you realize your vision for an internet business when you're ready to step things up. We can help you set up and manage your own eCommerce business in the Philippines with the help of our local team of professionals and eCommerce software.
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