![]() If you opt for the dropshipping business model, you wouldn’t have to worry about inventory space management. The primary constraint with running a home decor business is inventory space management.Īs the home decor business involves a lot of products that consume a lot of space, going with the conventional online business model, would result in investing a large amount of money on purchasing inventory space and storage space.ĭue to these constraints, running a conventional online business would result in offering the customer a limited range of products to buy. Why Dropshipping Business Model Is a Wise Choice for Your Online Home Decor Business? Now that you have decided to start your online business in the home decor niche, the next step is to get started on finding a dropshipping agent who helps you source the best products. ![]() If you are looking for a niche that helps you earn good profit margins and grow your business exponentially, home decor niche is a suitable choice. ![]() The improvements in return policy, exchange policy, the number of deals from the online stores have been the additional factors contributing to the huge customer demand for the online home decor business.Įven the flagship stores for home decor business such as IKEA, Pottery Barn, etc., have online stores to cater to the needs of the customers online. The advantage of choosing home decor as your main niche for your business is the flexibility to branch out and pick one among the many sub-niches in home decor.īe it small furniture, wall hangings, kitchen and dining, bathroom decor, bedroom decor, artificial flowers, carpets and rugs, laminates, there are endless options to sell in the home decor niche.Ĭustomers are preferring online stores to offline stores as they can conveniently select the home decor products and get them delivered without the hassle of actually going to the store. With the statistics mentioned above and the ever-increasing demand for the home decor among the customers, home decor is one of the most popular niches in the E-Commerce industry. With the rise in disposable incomes of an average consumer household, the majority of the consumers are looking to decorate their houses aesthetically. With the numbers above, it is obvious that home decor has a huge market in the retail industry. It is estimated to grow at an expected compound annual growth rate of 4.1% during the forecast period of 2022-2027, it’s value reaching almost 873.2 billion USD by 2027. The global home decor market was projected to be at 714.2 billion USD in 2022. Why Is Home Decor a Profitable Niche to Sell Online? ![]()
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