Coronavirus outrage is shaking up the global economy on a massive scale. The world is scrambling hard to combat the current and upcoming economic consequences of this black swan event. As this global economic crisis will be under control, it is expected that businesses will not return to normal for a long time. Even consumer behaviour will take a new turn. The hesitation among the consumers to go out and shop will be visibly seen, impacting the overall seller-buyer conventional journey.
So, what’s next?
The coming time will witness the incline of heavy traffic towards the online platform. This gives the golden opportunity to individuals for setting up their online businesses. Even, in the current scenario, going ahead with an online business will be a win-win situation for you. Here is a small brief, about what all online businesses you can easily start and what all things you might require to the set-up.
Set up your online consultancy business
If you have skills, it will be easy for you to get started with a home-based online consultancy business. You can virtually connect with your clients via an online portal. Here is the list of few suggested consultancy businesses, one can go ahead with.
- Start with your online music classes
- Start with your fitness consultancy sessions
- Start with your online cooking/ bakery classes
- Start with your online dietician consultancy business
- Start your online photography classes
Why is it a great idea, to begin with?
During and after the quarantine period, people will find it difficult to go out and join these classes on account of this pandemic nightmare. Moreover, during this lockdown phase, people are willing to learn new skills.
It’s easy to begin:
To set-up your online consultancy business, you need to make a little initial investment. All you need is:
- An online platform to start
- A home-based office set-up
- Special instruments such as a good camera for a photography class, musical instruments for music classes, or cooking ingredients for your cooking classes
And, you are good to go!
Set up your online tutoring classes
Around 1.716 billion learners have been affected due to this 2019-20 coronavirus pandemic. Experts believe 99.4% of the world’s student population is suffering because of the widespread closures of educational institutes. The figures are enough to indicate how badly online tutoring classes are required at this hour of crisis. If you are from the educational sector or a professional who can go ahead with the online tutoring classes; you are in a very happy place. Get started with setting up your online tutoring classes and kickstart your earnings at a higher pace.
Why is it a great idea, to begin with?
Parents and students are tense because of this mid-sem lockdown. Everyone is anxious to find good online tutors to cover the loss. People are accepting the unconventional home-schooling method. Online tutors are in great demand. Even after this lockdown phase, parents, guardians will look for online tutoring for their folks. You need to make online study material and subject notes that could attain the attention of the students.
Get hired on a freelancing platform
There are multiple platforms such as Freelancer, 99designs, Fiverr, etc that helps you to get connected with the employers based on your skills. You can also earn on a freelance basis.
You can search for projects such as;
- Web designing project
- Freelance content marketing
- Social media marketing
- Online PR activities
- Digital Marketing Projects
- Sales projects
As per your skills, you can pick a project and can start working on it. The virtual office concept is gaining much attention from the employers as well as employees.
Sales and Marketing Professionals are in high demand!
If you think you are impressive in your talks and can rule a conversation, you can make a big way in this field. With almost every business being transitioned to the online platform, sales and marketing jobs are blooming.
For the enthusiastic souls, who are willing to be a part of the corporate world, they can enter through this channel. Online hirings for a promising career are being conducted in various companies.
However, the above-suggested ideas are meant for the individuals who are professionally skilled to go ahead. The next question arises; what about the rest of the individuals? In case, you do not see yourself fit in any of the boxes, what shall you do? Don’t worry! There are still many lucrative business ideas for you. Read on!
Set up your own hyperlocal delivery business
The online delivery business is at a high boom. Currently, the world is preferring online shopping mode. And the mode will be carried on even after COVID-19. Many of the existing online food delivery companies are in the market. They are doing good for themselves. But few of the online delivery businesses focus on the miscellaneous commodities deliveries. This could be a turning point for starting your own hyperlocal delivery business.
You can start your doorstep delivery business for:
- Pharmaceutical delivery
- Alcohol delivery
- Grocery delivery
- Daily needs essentials delivery
The on-demand hyperlocal delivery business is a low-overhead business that could bring impressive and easy returns to your initial investments. Now is the best time to think about making an investment to earn higher ROI.
If you find this option interesting, you can anytime connect with us and we will help you to set up your business in less than 24 hours.
Set up a freelancer marketplace
It is ok if you are still not convinced with any of the above-mentioned ideas. There is a high probability that you might be worried about keeping all the pieces together and are not able to invest operational contribution in the discussed business ideas. Moving forward, you can also get started by owning a freelancer marketplace where you can connect employers to employees. Similar to many of the existing powerful freelancer marketplace like Upwork, Fiverr; you can begin by introducing your freelancer marketplace with our technology. Sounds interesting! If this opportunity excites you, get connected with us.
Keep Optimistic Vision For Future
This is true that we all are facing downturns in one or another way because of this global pandemic. But staying optimistic and progressive with the decisions can help in combating this crisis.
If you are anxious about how to go ahead and from where to make a start, feel free to connect with us.
“ Together We Can, and Together We Will!”