Easy to Start Online Business Ideas
Covid-19 has affected businesses all over the world. A few industries are going down and they will take more time to recover from this situation. But, fortunately, there are a few sectors that are witnessing a boom during COVID.
Starting an online business is a good decision. There are countless business opportunities in the digital world.
In this article, I’m sharing the industries which are doing well during COVID-19 & are more likely to perform well after the pandemic.
Here are the 5 best online businesses that you can start:
1. Online Rental Business
The rental business is on top of my list. Customers prefer renting over buying options. There are multiple niche business ideas that you can start in the rental industry.
Here are a few popular industries in the rental business:
P2P car rental business
Gym, fitness equipment rental
Travel gear rental
Online furniture rental
Peer 2 Peer workspace rental
Textbook rental marketplace
How to start an online rental business?
You can start a rental business from scratch or with a readymade solution like YoRent. Based on my experience, a ready-made is a cost-effective and quick way to get started. With a ready to use solution, you can save money & time and it takes away all of the pain.
Yo!Rent comes with many advanced features:
- Free technical support
- Free installation
- both selling & renting options
- and much more.
A few rental software give you live demos that show a clear picture of your business website/store.
Turo, Cort, LE TOTE, Chegg are a few popular players in the rental industry.
2. Online delivery businesses
Nowadays, the online delivery business models working well and looks to have. Delivery businesses like online food delivery, grocery delivery business, etc. are the best business to start. I highly recommend these delivery businesses for aspiring entrepreneurs.
Online food delivery business:
Ordering food online has become our hobby or a part of our daily routine. Nowadays, people prefer ordering food online from a multi-restaurant marketplace platform like UberEats, GrubHub, etc. rather than visiting the restaurant.
Starting an online food delivery business in your local region can be a profitable business idea. Uber Eats, GrubHub and Deliveroo are the popular names in the online food delivery & ordering industry.
How to start a food delivery business?
Just a website or a mobile app having good features is not sufficient for food ordering & delivery business. Choosing the right technology solution to launch your online food ordering & delivery marketplace is most important.
There are a few solutions that support all key features which make your website more users friendly. Food delivery platforms like YoYumm, DeliverLogic are the best solution for that.
3. E-commerce Store
According to AdobeAnalytics report, U.S online sales increased 49% in April 2020 over the prior year. So it’s a good chance to start a high demanding eCommerce business like Amazon.
Online eCommerce industry is growing day by day. Now after covid19 people’s buying behavior has changed. Consumers love to shop online rather than visiting the physical store.
How to Start an eCommerce business?
To create a website like Amazon, eBay, Alibaba; there are many website builders or e-commerce software (including both single vendor or multi-vendor) which you can choose for them. Shopify, YoKart, Volusion are a few popular e-commerce marketplace software. You can choose one of them as per your business requirements.
Blogging is also a good business idea to start in 2020. Many bloggers earn a decent income through their blogs. With blogging, you can sell your products, services, earn money from affiliate marketing, and also have an option to do online consultancy service to your clients.
Blogging is a great way to increase your networking with other professionals.
How to start blogging?
It’s easier to start a blog in 2020. There are many online tutorials available on the internet. You need to choose a platform such as WordPress, Blogspot, Wix, Weebly, etc.
As per my observation, WordPress is the best platform to start a blog. It gives you multiple plugins that save your time and also help to easily handle your blog.
Also, check out the ready-made marketplace solutions that help you to set up your eCommerce business.
As per statistics shared by Forbes, the global e-learning market is expected to reach $325 billion by 2025.
As per the Coursera survey, the e-learning industry is booming and it also creates new opportunities. Users are going online across the entire world; users’ behavior has shifted to online so it’s a good chance to start an e-learning business.
Udemy, Coursera, and Verbling are a few top players in this industry. As per my opinion, it’s the best time to kick start your e-learning business.
How to start an e-learning business?
My recommendation is to go with a ready-made solution. It will help you to build a feature-rich website at affordable prices.
Hopefully, I have covered the businesses which have strong potential to earn revenue. You can pick the idea depending upon your skills & interest.
Which business ideas do you prefer to choose amid Covid19? Let me know in the comment section below.