12 Online Business Ideas that You Can Start in the Philippines 2024

Published: Jan 11, 2024

The economy of the Philippines is seeing a significant rise in the number of online businesses, which is referred to as e-commerce. This growth is primarily due to the country's young and tech-savvy population, who are comfortable with technology and eager to explore new opportunities. As a result, the e-commerce industry in the Philippines is becoming an exciting new space for entrepreneurs to launch products and services for online sale. There are many exciting business ideas to choose from, making it an accessible option for anyone interested in starting an online business, regardless of their level of expertise. 

Why you should start an online business?

Starting an online business has many benefits. One of the biggest advantages is the freedom it gives you. You can decide when and where you work. This can help you have a more balanced life. 

Another advantage is that starting an online business can cost less money than starting a traditional business. You can create a website or social media page to promote your business, which is much cheaper than renting a physical store. Also, there are many digital tools available to help you reach your target customers and grow your business.

If you are planning to start an online business but are not sure what products to sell, our blog is for you! 

Where Can you Start Your Online Business 

 If you're planning to sell products online, there are plenty of options available to get started. 

Lazada, Shopee, and Carousell are popular platforms that offer a huge online marketplace for buyers and sellers alike. These platforms make it super easy to showcase your products and connect with potential customers. 

Apart from these platforms, social media sites like Instagram or Facebook can also be used to showcase your business. You can interact directly with customers, build a unique brand, and reach a wider audience. 

The best part is you don't need to have your own website to start selling online. There are many free tools available in the Philippines that can help you get started. 

       Read our blog on How to Start an Online Store with Peddlr.

11 Online Business Ideas to Consider

1. Beauty and Skin Care

 Beauty and skincare products

In recent years, people have been placing more importance on taking care of their appearance and skin. They want beauty products that are made for their unique needs. This has made online beauty businesses very popular.  

This trend of taking care of oneself and appearance is growing and is not expected to stop. This means that the demand for beauty and skincare products will continue to grow. 

Starting a business with only β‚±5,000 - β‚±15,000 is possible by selling curated or dropshipped products online through social media platforms. You don't need to have a lot of items in stock to begin with, but you need to focus on marketing and building a strong brand.  

This type of business is usually done through social media, where you can showcase your products to potential customers and attract them with your unique branding and marketing strategies.

2. Electronics and Gadgets 

Gadgets and Electronics

Nowadays, technology is advancing at a faster pace than ever before. This means that there is always a demand for the latest electronic gadgets among consumers. People are always excited to get their hands on the newest devices, which creates an ever-changing market for businesses that sell products online. By keeping up with the latest technology and offering new and exciting products to customers, you can take advantage of this dynamic market and succeed in the ever-evolving world of electronic gadgets.

In addition to offering new products, you can also buy and sell existing gadgets to keep up with the market demand and offer a wider range of options to your customers.

As a rough estimate, a small to medium-sized online electronics business could start with a capital ranging from β‚±50,000 to β‚±100,000. Your starting capital can vary based on factors such as the type of electronics you want to sell, sourcing strategies, and your marketing approach. 


3. Health and Wellness 

Health and Wellness

People are becoming more and more health-conscious. They are constantly looking for ways to improve their overall well-being, whether that means taking supplements, eating organic foods, or using fitness equipment. As a result, there has been a significant increase in the demand for products that promote health and wellness. 

By offering a variety of products that cater to different aspects of holistic health, your online businesses can tap into this market and meet the needs of your customers. 

With a starting capital of β‚±15,000 - β‚±50,000, you can build an essential e-commerce website. Your products may include a selected range of organic food, yoga equipment, or essential oils.  


4. Pet Supplies 

Pet Supplies

Do you want to turn your love for furry companions into a successful business? Now is the perfect time to do it!  

Many people have started to view their pets as more than just animals, but rather as beloved members of their families. This shift in perception has led to an increase in the demand for high-quality pet products, from food and toys to healthcare and grooming supplies.  

As pet ownership becomes more common, people are also becoming more aware of the responsibilities that come with caring for a furry companion. Pet owners are expected to provide their pets with proper nutrition, exercise, and medical care. This means that owners are willing to spend more money on pet products that can ensure their pets’ well-being.  

You can transform your passion for pets into a thriving business opportunity. Starting a small to medium-sized online business in this niche requires a capital ranging from β‚±20,000 to β‚±50,000. You can begin by dropshipping trendy pet accessories, toys, and essential products through Lazada Shopee, and also on social media. 


5. Sustainable and Eco-Friendly Products 

Sustainable and Eco-Friendly Products

Are you passionate about the environment and want to make a positive impact? You can start an online business that offers sustainable and eco-friendly products to promote a greener lifestyle.  

Filipino consumers have become more aware of the importance of ethical production and health aspects when buying products. They now seek products that are not only sustainable but also eco-friendly. 

Sustainable products are made using methods that do not harm the environment or deplete natural resources, and eco-friendly products are non-toxic and do not contain harmful chemicals. 

Because consumers are becoming more conscious of their purchasing habits, these kinds of products are now widely available in the market 

With a budget between β‚±10,000 and β‚±25,000, you can embark on this exciting journey towards a more sustainable future. Not only will you be making a difference, but you'll also be able to run a business that aligns with your values. 


6. Food and Beverages 

Food and Beverages

Have you ever considered starting your own business selling food and drinks online? With the increasing popularity of online food ordering and delivery platforms, now is the perfect time to get started. 

Starting an online business selling food and beverages has never been easier. With a capital of β‚±10,000, you can set up a website or social media page to showcase your products and reach potential customers. You can offer a diverse range of food and beverage options, including different cuisines, snacks, drinks, and desserts, to attract customers with varying tastes. 

You can run your online food and beverages business from anywhere, at any time, without needing to rent a physical store or hiring staff. 


7. Home and Living 

Home and Living

As more and more Filipinos work remotely, they're focusing on creating cozy and comfortable living spaces in their homes. This increased attention to home life is driving up demand for furniture, decor, home improvement products, and appliances in the home and living sector. 

You can offers a wide variety of options to cater to diverse themes, styles, and functionalities. Whether you're looking for a minimalist, modern look or a cozy, rustic feel, there's something for everyone.And with so many people spending more time at home, it's no surprise that the home and living sector is experiencing a surge in popularity. 

A capital of β‚±10,000 - β‚±25,000 would cover the initial inventory of small furniture, bedding, or kitchenware.

8. Digital Products 

Digital Products

If you're looking for a more profitable and cost-effective option to start your online business? You should try selling digital products!  

Selling digital products, like cool apps, awesome e-books, or interactive online courses, is like opening a door to endless possibilities. Digital products can be created at a lower cost than physical goods because they don't require materials or physical space. Once they are created, they can be easily replicated and distributed to customers at a minimal extra expense, making them a more profitable option for entrepreneurs compared to physical goods. 

If you're considering selling digital products, a starting investment for this online business is rusually around β‚±5,000. Making it an affordable option for many aspiring entrepreneurs. 


9. Children Products 

Children Products

As a parent or someone who adores children, you know how significant it is to provide them with the best possible care. The market for products designed for children is vast and diverse, ranging from toys and clothing to educational tools and safety equipment. This implies that parents and caregivers have an abundance of options to choose from while shopping for children. 

To add a personal touch, you can offer customizable items such as personalized clothing, toys, and decor. These products can make a child feel unique and special. 

You can even start a dropshipping business for kids' accessories or creative supplies at a low cost of β‚±5,000 - β‚±15,000. 


10. Artisan Products 

Artisan Products

Filipinos like to buy handmade products that are unique and well-made. These products can be anything from traditional clothes and carvings to jewelry and items that have been repurposed. Online stores are also helpful because they offer tutorials and guides to help people who are interested in art. 

The starting capital can vary based on factors such as the variety of products offered, but β‚±15,000 - β‚±30,000 is a good start. 


11. Art Products 

Art Products

Vibrant online art communities created a space for artists and enthusiasts to connect. Artists can share their work and discover new products. You can offer personalized art supplies. It may include custom prints or unique materials to cater to individual preferences. 

You can start your online shop with β‚±3,000 - β‚±5,000 to sell paints, brushes, canvases, and sketchbooks.  


12. Fashion and Accessories 

Fashion and Accessories

The fashion industry has seen a significant shift towards online shopping. Consumers prefer the convenience of browsing and purchasing clothing and accessories from the comfort of their homes. The rise of influencers fosters a vibrant online space for trends and new brands. 

A capital ranging from β‚±20,000 to β‚±30,000 can help you source local and imported fashion pieces like casual wear, bags, or footwear. 

Wrapping Up

The Philippines is seeing more online businesses because many young and tech-savvy people want to try new things and sell products on the internet. Starting an online business is good because it is flexible and costs less than a regular business. You can sell many things like beauty products, electronic gadgets, health and wellness items, or artisan products. There are many websites where you can show and sell your products. 

You don't need a lot of money to be successful in this digital era, but you need to be creative, passionate, and dedicated. So if you want to start an online business in the Philippines, remember that you can start with a small amount and grow your business over time. 

What is Peddlr? 

Peddlr is a POS mobile application for all business owners – sari-sari stores, milk tea stands, coffee shops, Shopee and Lazada sellers and more. It's free to download, free to use, and works even without an internet connection. With Peddlr, you can easily manage and track your business performance and inventory. 

Here are some of the useful features that you can access through the Peddlr app: 

  • FREE Point-of-sale system (POS) or a mobile cashier system 

  • FREE Credit Reminder β€“ send SMS to your customers for free to collect credit/debts easily 

  • FREE Inventory Manager/Tracker - take control of your product inventory 

  • Loading and Bills Payment Services β€“ enjoy rebates and cashback 

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