The global lockdown imposed by the COVID-19 outbreak has got many people to file for unemployment. Some have been forced to go on furlough. In the midst of all, starting a business in this pandemic would sound like a crazy idea.
You would be surprised to learn that this lockdown has created opportunities for plenty of business ideas. If you are a forward-thinking entrepreneur and want to add value to others’ love, you can pursue some business ideas.
Want to know what these trending ideas are? Some are typical, and some are unique, but they are all thriving ideas during these weird economic conditions. Let’s dive right into them:
1. Online Job
Online job is good starting point for those who want to earn extra income from home. You can start doing it comfortably at home by just having the Internet connection. There are many kinds of online jobs which you can start and the good news is you don’t need to have a lot of work experiences. Here are a few of them:
-Freelance writer on Fiverr, Upwork etc.
-Udemy course creator
-E-commerce: sell on eBay, Amazon, Shopify, Etsy…etc.
-Blogging: making money from Google Adsense
-Vlogging: create with to make money with Facebook (Ads Break), Youtube Partner Program, Tik Tok…etc.
-Online Designer: using Adobe Photoshop and Adobe Illustrator
2. Grocery Delivery
The fear of getting exposed to the virus has kept people from going to the grocery stores. Although you can walk in the store wearing a mask and gloves, for seniors, it’s still not safe to go.
So why not make things easier for them by starting grocery delivery services for seniors? You could cater to those in your local area only. There will be a lot of competition in the grocery delivery business, so you have to offer some extra value. Focus on easy checkout and timely delivery to get more customers to sign up for your services.
Healthcare professionals are advising patients to receive care at their homes. This has caused the telemedicine business to boom. A large majority of the audience that never got health services online are now availing them comfortability.
Since it’s the need of the hour and the industry demands support as well, tap into telemedicine. Create an app that brings health care professionals together in one place. Or, if you could offer any support with medical assistance, maintaining health reports, or customer service, lend a helping hand.
Dropshipping as a business that was gaining traction pre-pandemic as well. Now that everyone’s advised to stay indoors, this is the best time to start this business, especially if you have been thinking about it for a while.
You may start a drop shipping business about anything – pharmaceutical goods, meals, or grocery store items. To boost your chances of winning at this thing, focus on foods that are not easily available through these services. This would require a lot of legwork and research. Work in certain areas to start with to understand the cost of doing business and see how customers react. Then, make decisions that are in the best interest of your business.
5. Repair Services
People have been going crazy purchasing bikes. There was a point they were sold out. Anyone who owns a bike is going to need repair services for sure. If you have the skills, this is a profitable time to start a bike repair and servicing business. Instead of having people to visit your shop, visit them instead and offer mobile bike repairs. This would save you the cost of having a workshop.
6. Create Facemasks
Among the many impacted businesses because of lockdown, customs suiting and tailoring are among them. So many tailors have been laid off because of business shut down. Employ those tailors and start a company where you stitch facemasks. Reusable face masks should be your preference. Design then for the healthcare workers at the front line of the coronavirus battle. You would be helping not just anyone who wear your face mask, but the employed tailors find a way to earn a living.
7. Create and Sell Full Body Sterilizers
Hand sanitizers are not the only need of the house. Another product that could prove useful to medical workers, patients, and consumers are body sterilizers. People could use them at home or anywhere to disinfect their whole body.
8. Online Teaching
Parents around the whole are having a hard time coping with home-schooling while working from home. If you are a qualified teacher already (even if the skill you have is teaching music), market it. Gym coaches and personal trainers are tutoring online, as well. You would need a laptop, webcam, a reliable broadband connection, and Zoom subscription to start this business. The compensation depends on your experience and the number of students you teach.
9. Virtual Assistant
A virtual assistant is just like an office assistant, but they do more than take calls, schedule appointments, and organize your life. VAs do much more work than you can imagine starting from graphic design, web development and maintenance, social media marketing, email marketing, and the list goes on and on.
You just need to choose a skill or niche you are experienced in and put yourself out there. The world needs virtual assistants more than ever.
10. Sell Laptop Stands and Lap Desks
Many people are still looking for laptop stands and lap desks to make WFH easier. Since they cannot afford to set up a fancy office, these are the to-go items to create a simple workstation.
Why not start selling these hot items? Don’t restrict yourself to laptop stands and desks. You can also sell other accessories like mouse, keyboards, headphones, armrests, and other items that would help with posture and body alignment.
This might require some capital because you would have to buy the accessories and build an e-commerce website to sell them, but it’s worth the hassle. If you are selling good and unique stuff, people will buy.
11. Gaming Product
We all have been guilty of downloading one or two gaming app in this pandemic. It won’t be wrong to say that the gaming industry is booming nowadays. Mobile apps and cloud-based platforms have allowed people to stream games on their devices instead of buying expensive hardware.
If you a crazy game idea, you must convert it into reality and introduce it to the world. If it’s a low-cost and high-value offering, customers will go nuts.
2020 has been crazy so far, but it does not lack potential. Lots of industries are thriving. Take control of your financial life and tap into these trending business ideas because it’s now or never.