Do you want to start a clothing store but you want to go niche and be unique? If YES, here are 32 best boutique related business ideas & opportunities for 2020.
The boutique industry is an industry that is made up of small retail stores that retail a limited range of apparel and fashion accessories. Please note that boutiques are single-establishment stores only. Boutiques can be designer based (i.e. only one designer’s collection is sold there), or they may sell a mix of brands that specifically cater to the local market. Boutiques primarily cater to high-end or niche markets and are reliant on strong macroeconomic conditions.
Since the products sold at boutiques typically come with a high price tag, the industry is particularly sensitive to fluctuations in the macroeconomic climate. For example, an increase in per capita disposable income generally has a positive effect on industry revenue.
In recent time, there is a tremendous increase in the number of both offline and online boutique stores and more entrepreneurs are still opening their own offline or online boutiques in the United States and other parts of the world.
If your intention is to make money all through the 12 calendar months of the year without being redundant, then you should think of starting a business that is not seasonal, a business whose services or products are needed all through the year and here are 32 best boutique related business ideas you can choose from.
32 Best Boutique Business ideas & Opportunities for 2020
- Online Boutique Store
It is no longer news that businesses are no longer relying on brick and mortar stores to sell their products; they are now maximizing the internet to reach out to clients far beyond the location where their businesses are situated. The retail clothing industry is one of the major beneficiaries of the internet.
If you visit the internet, you will discover countless online boutique stores that are retailing different labels and style of clothes and fashion accessories at a price that is most often cheaper than what you can get from the conventional offline boutique clothing stores.
- Baby Boutique Store
Opening a baby boutique store is yet another thriving boutique related business idea that an entrepreneur can successfully start in any part of the world. A baby boutique store is one of the businesses that is not seasonal; a place where parents and would-be parents can purchase clothes, shoes and all sorts of children and baby stuffs from.
The truth is that starting a baby boutique is less stressful and it is indeed a profitable venture if the business is strategically located and well managed. This type of business requires moderate capital to set it up and it doesn’t require any technical skill. If you are good with marketing and sales and you have eyes for quality stuffs, you will do pretty well with this type of business.
- Brick and Mortar Boutique Store
Brick and mortar boutique store is one of the most popular boutique related businesses and it is open to all and sundry. A brick and mortar boutique store is a physical store where customers can get all their clothing and fashion accessories from. This is a business that can be located in any part of town as long as there are people who are ready to patronize them.
So, if you are looking for a boutique related business to start, then you should consider starting a brick and mortar boutique store business. It is a thriving and profitable business venture that is open to aspiring entrepreneurs with low startup capital.
- Children’s Boutique Store
Another boutique related business that an aspiring entrepreneur can successfully start is children’s boutique; a niche boutique that is dedicated to only children’s clothes and fashion accessories. One good thing about this type of boutique business is that if it is strategically located; a location with the right demographic composition, then you are not going to struggle to attract customers.
Children usually outgrow their clothes and shoes faster than adults hence the need to keep replacing them. Just ensure that your children’s boutique store is stocked with different stocks (shoes, belts, clothes, pants, undies, glasses, watches, headbands, flip flops and other children accessories).
- Open a Teenage Boutique
Opening a teenage boutique is yet another boutique related business that is open to aspiring entrepreneurs who are looking towards starting a boutique related business. Just like baby and children’s boutique, a teenage boutique is a store that retails clothes, shoes and other fashion accessories for teenagers. You will quite agree that teenagers have their own fashion icons and designers. If you run this type of business, then you must be ready to keep tabs with the ever changing trends in the fashion industry as it relates to teenagers.
- Open an All-Male Boutique
An all-male boutique is a boutique that retails only male clothes, shoes, belts, caps, hats and other fashion accessories; it is a niche idea in the boutique industry. As an aspiring entrepreneur, you can settle for this type of boutique business especially if you have an affinity for men’s fashion. The truth is that, an all-male boutique is one of many boutique related businesses that will always attract patrons.
- Open an All-Female Boutique
Similar to opening and all-male boutique is opening an all-female boutique store; a store where female clothes, shoes, belts, lingerie, jewelries, and other female related fashion accessories will be retailed. Trust me, you are going to be welcoming loads of customers most especially if your boutique store is strategically located. As a matter of fact, statistics shows that the female folks have the highest percentage of people who patronize boutiques or any fashion store.
- Open a Halloween Themed Boutique
Another boutique related business that an aspiring entrepreneur who is looking towards starting a boutique related business should consider starting is a Halloween themed boutique store. Halloween boutique store is a store where everything about Halloween are retailed; a one stop shop for Halloween fashion. Although this type of business is seasonal, but you can actually make good profits from the business if you know how to maximize the season.
- Open a Christmas Inspired Boutique
Opening a Christmas inspired boutique is yet another boutique related business that an aspiring entrepreneur can successfully start. Just like Halloween themed boutique, Christmas inspired boutique is also a seasonal boutique business.
A Christmas inspired boutique store is a store where everything that relates to Christmas fashion cum costumes are retailed; a store where people can get to purchase different types of Santa Claus costumes, hats, caps, glasses, shoes, Christmas decorations and other Christmas related accessories for both adults, babies and kids.
- Open a Sport Inspired Boutique
Another highly thriving and of course profitable boutique related business that an aspiring entrepreneur can successfully start is a sports inspired boutique store. A sport inspired boutique is a store where sport clothes, sneakers, canvas, headbands, wristbands, football booths and other sports related fashion accessories and wares are retailed. If you are interested in starting this type of business, ensure that you position your store in a location with the right demographic composition; a city with healthy sport culture.
- Open an African Inspired Boutique Store
If you an aspiring entrepreneur in the United States and you live in a city with robust African communities, one of the boutique related business that you can successfully start that will fetch you good money is to open an African inspired boutique.
An African inspired boutique is a store where everything about African fashion are retailed. Trust me, if your African inspired store is well – located, you are not going to attract only people from African descent, but also people from other races who want to identify with Africans.
- Open an Asian Inspired Boutique Store
Similar to opening an African inspired boutique is opening an Asian inspired boutique store. An Asian boutique is a store where everything that is related to Asian fashion are retailed. In order to do pretty well in this line of business, you must ensure that you get your supply directly from Asia. So, if you are looking for a boutique related business to start, then you should consider opening an Asia inspired boutique store.
- Open an Indian Inspired Boutique
In order to be more specific and you don’t just want to run a general Asian inspired boutique store, you can consider opening an India inspired boutique. If you live in the United States, the United Kingdom, Australia or Canada, you will agree with me that there are loads of India migrants in your country. In view of that, you can leverage on the population of Indians in your country to start an India inspired boutique.
An Indian inspired boutique is a boutique where Indian related clothes, shoes, jewelries and other fashion accessories are retailed. The fact that it is an Indian inspired boutique does not restrict your customers to only people of India decent; you will be shocked at the rate other races will patronize your boutique.
- Open a Pet Boutique Store
Another interesting boutique related business that an aspiring entrepreneur who is looking towards launching a boutique related business should consider a pet boutique. Yes, you heard me a right, a pet boutique; a store where everything that relates to pet clothing and fashion accessories are retailed. This type of business is thriving in the United States, Canada, the United Kingdom, Japan, China and Australia
In order to get it right with your pet boutique business, you must ensure that the boutique is located in an area with loads of pet owners and with the purchasing power. If you get it wrong when choosing a location for your pet boutique business, you will likely struggle to grow the business.
- Open a High-End Designer Boutique Store
Of course it is expected that a boutique store is supposed to be retailing designers’ collections, but the truth is that there are high end boutiques that are known to only retail top rated designer’s apparels and other fashion accessories. Little wonder celebrities and other public figures cannot be caught shopping in the average boutiques in town.
So, if you are interested in starting a boutique related business, and you are interested in welcoming celebrities and public figures as customers, then you should look towards opening a high – end designer boutique store; a store where top rated designers’ apparels and fashion accessories will be retailed.
- Open a Chinese Inspired Boutique Store
Another boutique related business that an aspiring entrepreneur who is interested in opening a boutique related business should consider starting is Chinese inspired boutique store. If you live in the United States, the United Kingdom, Australia or Canada, you will agree with me that there are loads of Chinese migrants in your country. In view of that, you can leverage in the population of Chinese in your country to start a Chinese inspired boutique.
A Chinese inspired boutique is a boutique where every Chinese related clothes, shoes, jewelries and other fashion accessories are retailed. Please note that the fact that it is a Chinese inspired boutique does not restrict your customers to only Chinese. Of course there are people out there who will patronize your store from time to time.
- Open a Hawaii Inspired Boutique Store
Opening a Hawaii inspired boutique store is yet another profitable boutique related business that an entrepreneur can successfully start. A Hawaii inspired boutique is a boutique that retails clothes, shoes, belts and other Hawaii inspired fashion accessories. The fact that Hawaii attracts loads of tourists year in year out makes this type of business a viable and of course profitable business.
- Sell Franchise for Boutiques
Starting a boutique related business does not necessarily mean that you should open a boutique. One boutique related business that you can successfully start is to go into the selling of boutique franchise. Although this is not a popular business, but trust me, if you do your due diligence before going out to starting out, you will sure make headway with the business.
- Become a Brand Consultant for Boutiques
Another boutique related business that does not involve opening a boutique is to become a brand consultant for boutiques. As a brand consultant who specifically works for boutiques, you core job description is to help boutiques handle all aspects of their branding and help them attract the class of customers they want to attract.
So, if you are a brand consultant and you are looking for a boutique related business to start, then you should consider becoming a brand consultant for boutiques. If you are good at what you do, you will be amazed at the rate boutique owners will book your services.
- Manufacture and Sell Shopping Bags to Boutiques
If you have patronized any boutique, you will notice that they have customized bags that they use in bagging goods purchased from their boutique. This goes to show that they order these bags from manufacturers. So, if you are looking for a boutique related business to start, then you should consider going into the manufacturing and sale of shopping bags used in boutiques.
The truth is that if you are strategic with the business and you know how to reach out to your target market, you will get huge returns from this business. Boutiques from far and wide will patronize you if they know that they are going to get the best of products.
- Start a Boutique Design and Construction Company
Starting a boutique design and construction company is yet another boutique related business that an aspiring entrepreneur who is already into the construction industry can successfully start. If you are conversant with boutiques, you will notice that they are specifically designed.
Boutique business is part of the retailing industry and trust me if you run a retailing outlet and you don’t have a proper hold of the business, then there will be room for financial leakages in your business. Your sales boys and girls can rip you off your profits. Part of what needs to be put in place if you want to block financial leakages in your boutique is to make use of the right software apps.
So, if you want to start a boutique related business without opening a boutique, then you should consider starting a business that develops boutique related software apps. If your software app is user – friendly and efficient, you will attract customers (boutique owners) not only from the United States, but from other countries of the world.
Starting a niche idea business is one sure way of evading competition and one niche idea boutique related business that an aspiring entrepreneur who has the required qualifications can start is a recruitment agency that is targeted towards recruiting employees for boutiques. The fact that working in a boutique is not a technical job means that employees can afford to resign at short notice and their positions need to be filled as fast as possible.
In such situations, recruitment agencies that recruit for boutiques come in handy. So, if you are in the human resources career path and you are interested in starting a boutique related business, then you should consider starting a recruitment agency that recruits for boutiques.
- Start a Training and Consultancy Firm Targeted Towards Boutiques
Similar to starting a recruitment agency is starting a training and consultancy firm that is targeted towards servicing boutiques and related businesses. Starting a niche business like this will position your business for rapid growth. So, if you are already in the training and consultancy services industry, and you are interested in starting a boutique related business, then you should consider starting a training and consultancy services firm that is targeted towards servicing boutiques in and around your business location.
- Start Supplying Stocks to Boutiques
Another boutique related business that an aspiring entrepreneur can start is to start supplying stocks to boutiques. Supplying stocks such as shoes, clothes, caps, belts, and other fashion apparels and accessories to boutiques in and around your business location is one sure way of making cool cash. Even though some boutique owners prefer stocking their stores from manufacturers and wholesale suppliers, that does not rule out the fact that there are some small boutiques who may not have the financial capacity to purchase stocks in bulk hence the need to patronize suppliers.
- Start a Delivery Business for Boutiques
Most boutiques that are into home delivery usually contract that aspect of their business to a third – party service provider. So, if you are looking towards starting a boutique related business in your city and you have done your due diligence and have found out that there are loads of boutiques in your city that offer home delivery services to their clients, then one of your options is to start a delivery business for boutiques. Your job is to serve as connecting link between boutiques and customers. Just ensure that you are swift and reliable and you won’t struggle to retain your customers and also welcome new customers.
- Open a Biker Inspired Boutique Store
Opening a biker inspired boutique store is yet another boutique related business that an aspiring entrepreneur who is looking towards starting a boutique related business can start. If you have seen a group of bikers, you will notice that they have a unique way they dress; you can hardly miss identifying a biker when you come across one. A biker inspired boutique store is a store that retails everything about bikers clothing and fashion accessories.
- Organize Trade Fairs for Boutique Stores
Another boutique related business that an aspiring entrepreneur who is good at organizing events can start is to go into organizing trade fairs for boutique owners. The truth is that a good number of boutique owners will gladly register for a trade fair because they stand the chance of selling more of their wears in a trade fair then they would ordinarily sell in their boutique store.
- Become a Consultant
There are a lot of people who are looking for how to launch into the boutique business. This is one of the areas where one can decide to delve into the boutique trade. You may consider being a problem solver by becoming a consultant.
- Clothing Rental
The main consumers of clothing rental businesses are theater groups and the people involved in stage performances. However, this business needs promotion. This is done by creating awareness among the people about your clothing rental product availability with the price.
- Bridal Store
A bridal store is nowadays one of the most trending retail opportunities in the clothing industry. People spend a lot of money on their wedding ceremony. Picking the role that fits them well and having the right collection of a wide price range is the key focus area in this business.
32. Custom T-shirt Boutique
You can also start out in the boutique business by starting a custom T-shirt business. Have folks tell you what they want in design and have a machine to produce the design they want. Those who are already in this line of trade can attest to the fact that it is quite profitable.
There you have it, boutique related businesses that would be of immense help to your quest to want to start a profitable business. It is therefore very vital that you raise the capital needed to make this business a huge success.