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Startup

5 Businesses That Can Turn Out To Be Winners Amid The Pandemic

India has faced a lot due to COVID-19, and to be honest, every person is now being affected by it. This pandemic has hit economies, employment, and all sectors in very different ways worldwide, and the small business is the one that has felt the pressure a little more.

It is said that every dark cloud has a silver lining. Similarly, some industries managed to grow because of the spread of the coronavirus. One of the examples is the underserved and unnoticed hygiene market that has made footprints in this pandemic as demand for these products has increased. With this, EdTech or online learning, space has been growing rapidly, due to staying home and upskilling themselves.

Let’s see which small business has thrived or started off amid this pandemic.

Cover Yourself with the Masks

In the times of the pandemic, one thing which came out as a survivor during this time is Masks. After medical communities around the globe declared masks as a preventing measure to alleviate the spread of the virus.

Therefore, this leads to a huge demand for masks led to small – scale companies to set up or start manufacturing mask with less investment

Protection for Hands- Gloves

From doctors to nurses and other healthcare people wearing medical gloves using it as a precaution for avoiding coming into contact. Not only the health care sector using it but, now common citizens also using it for avoiding infection through the surface.

So, it made demand and supply of gloves have increased, therefore it made small owners utilize this opportunity of manufacturing facility for disposable gloves with capital under Rs 50,000.

Wash Your Hand Properly – Hand Sanitiser

Due to this pandemic washing your hands has become the most important task of the day. Therefore, the demand for hand sanitizer also turned up more into 100x by the users. A lot of brands started producing it, as existing brands struggle to keep up with the pace of demand.

This huge demand leads to opportunities, and with the creation of business opportunities for many entrepreneurs.

Give 20 Seconds to Washing – Soap

Soap is one essential product of our daily life but, after WHO has advocated washing hands for at least 20 seconds to eliminate traces of the virus from the skin. Therefore, people have started a small manufacturing unit at home with fewer investments.

These soaps are made home ingredients like herbs or special anti-viral to sell and made huge demands with building trust among people.

Let’s Learn Online

One sector which has shown promising growth during these tougher times is the EdTech sector, which had shown immense growth and up-gradation. We all were forced to be at home, which pushed them to be dependent on technology for learning and updating their skills. These online platforms had everything to give users like online tutorials, masterclasses, webinars, and online workshops.

The interest made birth and growth to the new and existing companies for flourishing. And given the opportunity to people who have the talent and skills to teach others.

As popularly said, that in every battle, there is a winning side and a losing side. So, in the fight with COVID-19 times, we have lost a lot, but, this small business got a chance to flourish.

 

Categories
Business motivation

3 Trending & Profitable Business Ideas Amidst COVID-19

“Thank god, I didn’t start my business in 2020.” Have you also been having the same thoughts? We all know how numerous businesses, big or small, have taken a hit because of the lockdowns and social distancing to avoid or delay the spread of covid19. Looking at the condition of these businesses, many business ideas have been shelved by the entrepreneurs that were supposed to go on the floor in 2020.

 

Nonetheless, the show must go on. We can’t let this pandemic rob us of our zeal, passion, and desire to start a business of our own. But then, the business idea needs to be relevant and viable enough to survive the changed consumer behavior and the drastic market shift. Stay with us as we introduce you to 3 such trending and profitable business ideas that will be beneficial for both you and the consumer.(Dr Vivek Bindra to Share Business Expansion Strategies During World’s Largest Webinar ‘Retail Ka Mahakumbh’ on September 27 Click Here to Register Now)

Blog It Out

It is not possible to talk about trends and not include technology. The combination of trends and technology has become a rage over years. If met with amazing writing skills, this already amazing relationship between trend and technology can work wonders. Yes, we are talking about blogs. This is one business that has maintained its title as the most exciting and profitable business around in and posts the COVID-19 era.

With the help of a blog, you can sell your time as a consultant or a coach, promote your own products(SaaS), or get into affiliate marketing with the help of affiliate programs. Just choose what is your area of interest and what your blogs should be based on while keeping in mind the primary business factors as well as your passions.

Dropshipping Is The New Black

The global pandemic of COVID 19 has made the e-commerce industry grow at an exponential rate as a very high number of businesses have gone online which sits well with the customers who have completely resorted to online shopping. Now the question arises, as a business owner how can you encash this opportunity. Our suggestion would be to become a dropshipper. A dropshipper is a retailer who takes online orders on behalf of a manufacturer. 

He takes the orders, passing it on to the wholesaler or another retailer who then directly ships it to the customer. You can research what products have been trending and post that you can decide on the best e-commerce platform for you to start the business.

This Web Is Good To Develop

What do you think happens when most of the businesses choose to go digital? They need websites. Now is the best time to get into the business of developing web for many needy businesses that are looking to cater to the massive population present online. If you are good at coding and have an interest in developing web content, this is your Jam. If you are skilled enough and offer better prices than many coders out there, you will have immense scope for you to set your business and take it to new heights.

At the end of the day, what seems to be working well for others might not be the best option for you. We all have different passions, niches, and budgets. We would lightly recommend choosing a business that matches most of your requirements on the checklist. All 3 ideas that we have shared with you have immense potential even when operated on a smaller scale.