E-commerce Business
The pandemic has accelerated the growth of e-commerce as more people turned to online shopping due to lockdowns and social distancing measures. This presents an opportunity for entrepreneurs to start their own e-commerce business.
- One successful example is Amazon, a company that revolutionized online shopping and delivery services. Despite the challenges presented by the pandemic, Amazon was able to continue providing their services and even saw an increase in demand as more people turned to online shopping.
Entrepreneurs looking to start an e-commerce business can learn from Amazon’s success by focusing on providing a seamless and convenient shopping experience for their customers. This can be achieved by offering a wide range of products, fast and reliable delivery services, and excellent customer support.
Digital Marketing Agency
As more businesses move their operations online, there has been an increase in demand for digital marketing services. This presents an opportunity for entrepreneurs to start their own digital marketing agency.
One successful example is Disruptive Advertising, a digital marketing agency that specializes in pay-per-click advertising. Despite the challenges presented by the pandemic, Disruptive Advertising was able to continue providing their services and even saw an increase in demand as more businesses sought to improve their online presence.
Entrepreneurs looking to start a digital marketing agency can learn from Disruptive Advertising’s success by focusing on providing high-quality and results-driven digital marketing services that cater to a variety of industries and businesses. By staying up-to-date with the latest digital marketing trends and technologies, entrepreneurs can offer effective and innovative marketing solutions to their clients.
Remote Software Development
With more businesses embracing remote work, there has been an increase in demand for remote software development services. This presents an opportunity for entrepreneurs to start their own remote software development business.
One successful example is Toptal, a platform that connects businesses with top freelance software developers. Despite the challenges presented by the pandemic, Toptal was able to continue providing their services and even saw an increase in demand as more businesses sought to develop their online presence and applications.
- Entrepreneurs looking to start a remote software development business can learn from Toptal’s success by focusing on providing high-quality and customized software development services that cater to a variety of businesses and industries. By building a strong network of top software developers and utilizing the latest technologies, entrepreneurs can offer effective and efficient software development solutions to their clients.
Home Cleaning abnd Sanitizing Services
With the pandemic emphasizing the importance of cleanliness and hygiene, there has been an increase in demand for home cleaning and sanitizing services. This presents an opportunity for entrepreneurs to start their own home cleaning and sanitizing business.
- One successful example is MaidPro, a franchise that provides professional cleaning and sanitizing services for homes and businesses. Despite the challenges presented by the pandemic, MaidPro was able to continue providing their services and even saw an increase in demand as more people sought to maintain a clean and safe environment.
Online Tutoring Business
With the pandemic forcing schools to shift to online learning, many parents are looking for additional help for their children. This presents a great opportunity for starting an online tutoring business. Online tutoring allows for flexibility, convenience, and accessibility for students, regardless of their location.
One successful example is the online tutoring platform, Chegg. Chegg started as a website that provided textbook rentals to college students, but expanded to include online tutoring services. Chegg’s revenue increased by 51% in 2020, as more students turned to online tutoring during the pandemic.
Another successful example is TutorMe, an online tutoring platform that connects students with tutors 24/7. TutorMe’s revenue increased by 800% in 2020, and they were able to secure $5 million in funding.
Starting an online tutoring business requires knowledge and expertise in a specific subject, as well as marketing skills to reach potential customers. However, with the increased demand for online tutoring, this can be a profitable and fulfilling business idea.
Delivery and E-Commerce Business
The pandemic has drastically changed the way people shop, with more and more people turning to online shopping and home delivery services. Starting a delivery or e-commerce business can be a lucrative idea in the current business landscape.
One successful example is DoorDash, a food delivery service that saw a 233% increase in revenue in 2020. DoorDash expanded its services to include grocery and convenience store deliveries, catering to the increased demand for home delivery services.
Another successful example is Shopify, an e-commerce platform that saw a 97% increase in revenue in 2020. Shopify provides tools and services for businesses to set up and manage their online stores, catering to the increased demand for online shopping.
Starting a delivery or e-commerce business requires knowledge and skills in logistics, marketing, and customer service. However, with the shift towards online shopping and home delivery services, this can be a profitable and relevant business idea.
Virtual Event Planning Business
The pandemic has forced the cancellation of many in-person events, leading to a rise in virtual events. Starting a virtual event planning business can be a relevant and profitable business idea in the current business landscape.
One successful example is Hopin, a virtual event platform that provides tools and services for hosting online events. Hopin’s revenue increased by 800% in 2020, as more businesses and organizations turned to virtual events.
Another successful example is Eventbrite, an event management and ticketing platform that also offers virtual event services. Eventbrite’s revenue decreased in 2020 due to the cancellation of many in-person events, but their virtual event services saw an increase in demand.
Starting a virtual event planning business requires knowledge and skills in event planning, technology, and marketing. However, with the increase in virtual events, this can be a relevant and profitable business idea.
conclusion
the pandemic has brought about many changes in the business landscape, creating new opportunities for entrepreneurs. Starting an online tutoring, delivery and e-commerce, or virtual event planning business can be relevant and profitable business ideas in the current business landscape.
Successful examples such as Chegg, DoorDash, Hopin, and Eventbrite have shown that these businesses can thrive during the pandemic with the right knowledge, skills, and strategy.