What is the best online business now to start in spite of COVID 19 ?
What is the sectors that will benefited in this new normal after pandemic ?
The COVID-19 just completed it's first anniversary in our earth. After one year of fear and anxiety the human society has started to accommodate COVID -19 along with them and also started to live in this new normal. Personal hygiene and mask is going to be added in the priority list. In social font peoples are avoiding gathering.
The COVID-19 chart is trending down.The Economic activity are resuming after phase 3 trail of COVID -19 vaccine. Economic indicator are showing trend for revival but now life and livelihood of small small business man still to revive. Jobless are confused whether to search for job or to start business.
If we analysis the Google Search data , it implies that people are now interested for online and personal contactless business model. The search for " What is best online business now to start in spite of COVID-19 " is trending. The business ideas we are going to discuss is more inclined to online model but their execution need some offline activities.
Our research data says there is rapid increase in use of following concepts in shoping and healthy care market.
(1) Contactless Shopping.
(2) Home Delivery
(3) Video Call/Online Doctor
(4) Social Distancing.
In this scenario in every old offline business as well as in new online business you have to ensure all the above change in purchasing habit are taken care. This is also right time to start a new venture to cater the change and vacuum created in the market. Top 10 online business ideas in Covod-19 time are very purposeful and genuine.
List of the best online business now to start in spite of COVID 19.
(1) Online Education Application:
All the school are close to avoid this Covid-19 pandemic spread but learning have not stopped for children's, they learning is continuing through video call and recorded videos and YouTube ( click the link You can visit our YouTube channel "The Investment Express " for videos related to your investment) But this method is neither professional nor scientific one, they online education should more participating and interactive. The learning should evaluated regularly.
You as a social entrepreneur can start a Online Education Application to teach or your can act as intermediate between teacher/Instituation and there students. In this field the market leader is BYJU, Extra Mark and Udemy. This business have very high growth prospect.
(2) Pick Up and Delivery :
This is a regular business idea but after this pandemic due to high online orders the existing delivery agents and company are overburdened. Online selling of home made items also adding more pressue on pick up side. You can take franchise of existing business like Ekart, Delivery or DHL or can also start a new one.
(3) Food Delivery Application :
Now a days people's are not preferring to visit their favorite food store or restaurant but want to take the taste of them. So this create a big scope for new entrepreneur. The big player like zomato, Swiggy and Uber Eats are working in big cities but tier-3 and small town are still vacant. You can start this business in you locality with help of part-time or full-time delivery boy and a small GPS based application.
(4) Grocery and Veggies Delivery :
This Business can be done both in urban and semi urban areas with help of mobile application and delivery boys. A small ware house may also need to store. Procurement of fresh vegetables from framers and it's delivery to households and hotels it little difficult but very much profitable. For groceries you can tie-off with whole sellers and local producer for better cost of purchase. This little less margin but ever green business. Grofer, Bigbasket are market leader and recently Reliance joined the industry.
(5) Medical Van /Ambulance:
Basic requirement for this business is a vehicle with equipment and technician and nurse. This can be started semi urban and urban areas. Many times the patient need on the way emergency health care like oxygen, first aid, saline etc, this should also included in that Van.
(6) On Demand Doctor and Nurse:
This is a emerging need of your middle Cass and rich people, they are preferring in house treatment and day care for which they need doctors home visit and regular care through trained nurse. One application based model in demand business can be started. Necessary listing and affiliation of doctors and nurses are also required. This initially difficult to set up but once set up this business is going to give you return for decades.
(7) Medicine Home Delivery :
Online Medicine selling is in trend this time. In online mode the medicine are comparatively cheap because of bulk purchase.Pharm Easy, 1mg and Netmade are leaders in this market. This can be started in rural areas also by doing affiliation with medicine whole sellers and taking order through mobile application, SMS and call.
(8) Online Doctor Consultation:
This business can be done along with medicine delivery Business and standalone basis also. Many times experience, expert and popular doctors appointment are difficult due to geographic and distance constraints. This can be solved with a mobile application and necessary affiliation with famous doctors.
(9) Fitness and Wellness App :
Today's people are more health concerns We can bring Yoga Teacher, Aerobics Trainer, Jim Trainer and Food and Nutrition experts under one umbrella of one mobile application where they will guide there client through interactive groups class or high paid one to one transaction. This business can be expanded to develop countries like USA, UK, Canada and EU where demand for Indian Yoga Training is very high. In this business you can earn in foreign currency. You need basic idea on currency exchange which you can learn by clicking this link.
(10) E commerce Market :
You can start you own e commerce market place like Amazon, PayTM, Flipkart where you can concentrate buyer with sellers with a small free and integrate logistics partner for smoth and cost effective delivery. Small listing fee, Small sells commission and reasonable shipping charges can helpful in adding vendors and sellers to your market place. Value added services can also helpful in eating extra revenue for you. Specialized product and add more value to your clients.
All the above best online business now to start in spite of COVID 19 are very small but sufficient to to give you basic idea on the scope and nature of business.
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