What is the best business idea after pendamic in US??
I believe starting a business is a toughest decision. There are a lot of ideas list that we get online but practically does anyone have experience. Need expert opinion? Any Business ideas after pendamic? Including online business.
COVID-19 pandemic has been severe on most businesses forcing millions of people to stay at home to stop the spread of the virus. But eCommerce is one of the industries that are booming right now. In my opinion, starting a multi-vendor eCommerce business would be the best idea.
Now, you must be thinking why multi-vendor eCommerce business? Why not just an online store?
Well, I would suggest you to read this for better understanding (https://www.fatbit.com/fab/decoding-multi-vendor-stores-analyzing-benefits-ecommerce-shop/). It is an insightful blog written by FATbit Technologies.
Here I am sharing a list of ideas for starting a multi-vendor eCommerce business:
1. Handcrafted Items Marketplace: A marketplace like Etsy. It will not just help you generate good revenue but this platform can help your local artisans sell their handcrafts globally. Handcraft businesses are facing huge losses as they are not able to sell their product in the local market. You can help them :)
2. Grocery Marketplace: Among different niches present in online commerce, grocery is growing rapidly, and many startups are setting foot in this niche. The revenue of this niche has doubled in almost two years.
3. Fashion Marketplace: The online fashion industry is among the largest and most popular marketplaces worldwide with an estimated market size of around $992 billion by 2024.
4. Liquor Marketplace: As consumers have started buying alcohol online amid the Coronavirus, many market opportunities are in-store for entrepreneurs looking to start their own wine and liquor marketplace.
Please read https://www.yo-kart.com/blog/top-online-multi-vendor-marketplace-business-ideas/ for more such ideas.
I hope my answer helps :)
In this COVID era, nobody wants to leave their home to maintain social distancing. At this time, "Delivery Services" are doing good. Most of the stores are delivering products at home for everyone's safety.
The online delivery business is at a high boom. Currently, the world is preferring online shopping mode. And this method will be carried on even after COVID-19. Many of the existing online food delivery companies are in the market. They are doing good for themselves. But few of the online delivery businesses focus on the miscellaneous commodities deliveries. This could be a turning point for starting your own hyperlocal delivery business.
You can start your doorstep delivery business for:
Daily needs essentials delivery
The on-demand hyperlocal delivery business is a low-overhead business that could bring impressive and easy returns to your initial investments. Now is the best time to think about investing to earn higher ROI.
Whatever the business idea it's clear that companies with a strong community and culture will do well. As we can tell so far. During the 2008 recession many sharing technologies emerged as a result of wanting things cheaper. I have a feeling the next big thing will be human centered.
U should be the idea person......in this community,the main lesson one can get is to learn the principles of businesses and how to apply it in real market place rather than the question u asked .....what is the best business idea!.hope so u got what I'm trying to say.......