Business continuity pandemic preparedness
Business

Trending Online-Business Ideas Postpandemic

The coronavirus pandemic has shut down a lot of businesses no matter their size. But there’s a saving grace to all this—going online. Many online businesses have survived and are still thriving up to this day despite the ongoing global ruckus.

This makes you wonder: is launching a business online worth trying? Absolutely. For those who are wondering where to start, here’s a list of trending business ideas to start even from the comfort of their homes.

Create Homemade Products

Turning a hobby into a business is an undertaking that’s more likely to reach success. Why? Because it’s easier to work when work is one’s passion. So for makers out there, creating their own homemade products is the way to go.

It’s easy to get started when you already have an existing hobby, whether that be knitting baby clothes, baking cakes, or creating bath bombs. For those who are still planning on starting one, however, they can check social media or online marketplaces to get ideas about what’s currently in demand and start from there.

Give Drop Shipping a Try

Drop shipping is a no-brainer when it comes to launching an online business. After all, it has a fairly simple process:

  1. Customer orders a product from the seller.
  2. The seller orders the product from the supplier.
  3. The supplier delivers the order straight to the customer’s door.

Apart from the fact that drop shippers can work conveniently at home, they can also eliminate the costs of buying wholesale items, renting a warehouse space, or of packaging and logistics.

Sell Unwanted Items Online

Pandemic disaster recovery business continuity

Decluttering has become huge among millennials and Gen Z-ers because of online influencers and Marie Kondo’s Netflix show. But it isn’t just a trend—it’s actually good, money-earning practice.

You must have a ton of unwanted items at home just gathering dust in the corner. If you think they’re still functional and in good condition, then selling preloved items online is the best way to get rid of them.

Some old items that are still sellable include the following:

  • Clothing and fashion accessories
  • Barely used makeup
  • Home decor items
  • Furniture pieces
  • Literary or educational books
  • Cars, bikes, or other vehicles
  • Gadgets

Starting a YouTube Channel

Earning through YouTube is similar to earning through blogging, but the former appeals more to modern internet users today.

Becoming a content creator isn’t for everyone. One needs to be either entertaining or knowledgeable in their niche to gain a decent following, which is a requirement, according to the YouTube Partner Program.

But don’t let the challenge daunt you. A lot of personalities and even low-key individuals make a constant income off their YouTube channels.

Create Podcasts

Pandemic preparedness plan for businesses

The number of podcast listeners has only grown throughout the years. So it’s safe to say it’s a business idea worth considering, especially for industry experts and conversationalists.

Creating podcasts lets them earn through ads and sponsorships, subscription fees, crowdfunding, and affiliate marketing (which will be tackled next).

They only need to figure out the following factors:

  • Getting the necessary equipment: a good mic and audio editing software
  • Where to host their podcast: SoundCloud or iTunes?
  • What their niche is: sports, motherhood, or adulting?

Try Affiliate Marketing

Affiliate marketing is a surefire way to earn money without having to exert effort in creating or sourcing the products.

It works by promoting the seller’s products on one’s own channels and getting a portion of the profit earned through their platforms. Sales are tracked using affiliate links or promo codes the promoter shares.

A lot of influencers earn money this way, so it’s best to note that one needs to have a decent-size, steady following for affiliate marketing to gain positive results.

Capitalize on a Skill or Expertise

Having a source of passive income always sounds like a good idea, and one way to achieve this is through creating products out of one’s skill or expertise. Unlike offering your services which are paid based on your time and effort, productization lets you earn even when you’re asleep!

For example, photographers can sell their photos as stock images online. Writers can create e-books of their short stories or even compile writing tips for aspiring wordsmiths. Meanwhile, Android and iOS developers can publish an evergreen app and earn from the downloads and in-app purchases.

Success Doesn’t Happen Overnight

Starting and running any type of business is a challenge, no matter what business venture one takes. At the end of the day, it’s not about going with the best idea but learning how to nurture and implement that idea along the way. The only limit is the sky—good luck!

Article written by admin

By Profession, he is an SEO Expert. From heart, he is a Fitness Freak. He writes on Health and Fitness at MyBeautyGym. He also likes to write about latest trends on various Categories at TrendsBuzzer. Follow Trendsbuzzer on Facebook, Twitter and Google+.