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Online Store Idea: Selling CBD Online
Here at Website Tips & Tutorials, we love helping anyone who wants to start their own online business. And during these times, opening up an online store makes so much sense. People are now buying things more online. And with a changing economy, now is a great time to get a new business going that makes sense now.
But while you may want an online business, you may not know what your store should sell. So today we’re going to talk about one thing that makes a lot of sense right now. And that is selling CBD online. We’ll go over why that’s a good idea and how you can get started – no previous experience making websites needed!
Why Sell CBD?
CBD, or Cannabidiol, is a natural substance that is said to help with lots of different conditions—from a minor cold to chronic pain.
Now is a wonderful time to start selling CBD online.
Here are the reasons why:
This is a growing industry
Between now and 2024, the CBD market is expected to grow, and by a lot. We are talking about a growth rate of 30.7% between now and then. And by 2024, the global CBD market is expected to grow to $760 million.
And you have a lot of potential customers. As of July 2019, 33 U.S. states, as well as the District of Columbia, have legalized cannabis in some form. And the Agriculture Improvement Act of 2018 (otherwise known as the 2018 Farm Bill), removed hemp from the Controlled Substances Act. Studies have been showing that the approval rating for the legalization of marijuana has been increasing, so more states may be passing laws to legalize cannabis soon.
Online Sales Should Increase
While shoppers in the past have generally chosen to purchase CBD in brick-and-mortar stores, this should be shifting. Because right now, we’re all staying inside more and shopping online more. So you have a great unique chance to get in on this at the beginning.
So How Do I Get Started?
Think this sounds like the right business for you? Then what are you waiting for? It’s time to get started!
The best piece of advice I have for you in getting started is using BigCommerce. They make it really easy for you to start an online store, even if you have no experience doing that.
Some of their best features include:
- Inventory management tools
- Features (like customizable URLs & robot.txt access) that help your SEO so you can show up high in search engines like Google
- One-page checkout so customers can more quickly and easily buy your products
- Shopping cart recovery tools to help you win back customers
- No Hidden Fees
- Live support
- And more!
Oh and there’s one other reason to choose BigCommerce for your CBD online store. BigCommerce offers a great guide to get started selling CBD online. Click here to get your free copy so you can get started!