Business Ideas to make money
Corona virus has adversely affected every sector of the economy globally. Hence financial crisis has befallen the majority of the population. As the situation does not seem to be improving very soon, the announcements of health regulators to maintain social distancing has compelled the customers to stay indoors, thereby impacting the business operations. People are trying to eke out their livelihood with minimum exposure to this pandemic.
During these difficult times, there is an imminent need to provide services, work on cutting-edge solutions with varied business ideas to make money. We have put forth a few of the most popular ones that could be instrumental in exploring profitable ventures during the corona crisis. These are:
1. Online Consultancy
During this pandemic, people are so stressed out that they need an expert advice to handle stress. If you have the ability to provide such guidance with suitable solutions using your own experience, then you can start online consultation depending on the expertise you have. You can provide business ideas, financial advice or health & fitness consultancy.
2. Online Teaching
Due to the widespread closure of educational institutes, the world’s student population is suffering a lot. If you have expertise in any educational subject or you are a professional, then you can start your online classes in that particular field. You can also explore your passion or hobby for providing knowledge to others through various online platforms.
UrbanPro is the best platform for online teaching.
3. Freelance Your Skills
There are multiple platforms such as Freelancer, m99designs, Fiverr, etc. that help you to get connected with the employers based on your skills. You can register to these platforms depending on your skills and earn with the under-mentioned business ideas to make money on a freelance basis.
You can search for projects such as:
If you have skills in web designing, you can start a lucrative business from these as every entrepreneur want to have an impressive website that can promote his business.
If you can understand and express art and are able to convey the message hidden in it, then logo designing can be a suitable business for you as it will not only help you follow your passion, but can also financially support you.
- Social media marketing
If you are well conversant with social media platforms and know how to use the analytics of these platforms and have the ability to connect with people, then you can use this skill to develop your business of social media marketing.
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 these days.
You can try the Upwork.com for get work as a Freelance.
If you feel you can express ideas in words, then you can try content writing as a career. Content writers are always in demand and it does not need any specific qualification. Only thing is that you should be able to write correctly, the language you intend to write in.
You can start as a freelance content writer initially but after gaining experience and making a niche in the market, you can earn unlimited income by developing this business model.
5. Set Up Hyper-Local Delivery Business
The online delivery business is at a high boom. Due to Covid-19, currently, online shopping is being preferred worldwide. There are many online food and grocery delivery businesses but only a few of them focus on delivery of miscellaneous commodities.
You can start your doorstep delivery business for:
- Pharmaceutical delivery
- Alcohol delivery
- Grocery delivery
- Daily needs essentials delivery.
These delivery business ideas to make money can prove to be a turning point for starting your own hyper-local delivery business.
E-commerce has become an integral part of business in the modern world. If you can design your own product using your artistic skills or your knowledge, then you can start your own E-commerce business. If not your own product, then you can purchase from others’ products and sell them at marginal profits on your E-commerce website. At present, about half of the world prefers purchasing items online at their convenience. Business-to-business (B2B), business-to-consumer (B2C), and business-to-government (B2G) are some of the types of e-commerce marketing.
An affiliate marketing business is a freelance opportunity that lets marketers make money through a commission by selling third party products. Affiliate marketing accounts for 16% of all online orders. You do not need to be a marketing expert or anything like that. It is something everyone can do. Affiliate marketing is simply earning commissions for marketing someone else’s products. The affiliate (you) chooses a product to promote and every time you make a sale you earn money. That’s it.
8. Virtual Assistant
If you good at organizing things and have management skills, you can become a Virtual Assistant. You can work from home according to your schedule. All you have to do is answer telephone calls, reply to emails, organize meetings, prepare reports and database and so on. Many companies are looking for Virtual Assistants to handle their office remotely and they pay well depending on your abilities.
This is an unprecedented time for the entire business world since 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. While there is no dearth of tried-and-true best practices for dealing with this critical period, the above-listed business ideas to make money can help you emerge out as a leader through this crisis.