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Looking for a great business idea? Learn the new age 2020 online business ideas
Never put all your eggs in one basket - the era of this pandemic Covid 19 has taught us the importance of diversifying our earning methods, more than ever before. Some of us lost our jobs, some of us faced a decrease of 20-30% in our compensation package.
In the year 2020 online businesses have not only become a necessity, they have opened avenues for most of the best new business ideas. In 2020 small business ideas have proven to be innovative and sustainable.
Let us see 10 best business ideas after Covid 19
We will discuss some business ideas that you can try irrespective of age, gender, academic qualification, and location; neither do these require any license or government permits.
2020 Online Business Ideas
If you are reading this, then you already have a device and access to an internet connection, that is all you need for the new age 2020 online business ideas
1. Content Writing
Never before had online content been more in demand.
(a) Due to the safety precautions of social and physical distancing, many of the publications have gone online. Brands that had both online and offline visibility, are focusing more on their online content, both qualitatively and quantitatively, needing more writers
(b) Existing media websites and portals had to up their game in real-time and analytical reporting, needing more content generation
(c) E-commerce websites require more writers to write more product description when online businesses are booming
(d) More written content for teaching on the internet, from beginners’ level to higher education study materials, are required, by E-teaching apps and websites
2. Affiliate Marketing & Online Sales
All you need is a good network of online and offline peer circles for this. You promote others’ products and services through your Social Media Accounts and earn commission on sales via your channels.
On the flip side, if you want to sell a product and extend your reach of the client base, then creating a page on Facebook, and/or Instagram. Pitch your product with zero investment in marketing on those pages.
Are you good at expressing your thoughts in writing? Then blogs are your BFF. Write on just about anything that you have knowledge of – DIY, travel, lifestyle, tech, product reviews, just about anything that you’re good at. You can earn from the Google Ads, Pay Per Click programs, and affiliate marketing via your blog.
You can even earn via guest posting, and sponsored blog articles for products or services.
4. Vlog, Youtube, Video Making & Editing
Cash on your knowledge of DIY art, life skill, household labor skill, cooking, or anything really. Upload the videos on Youtube or Vlog, while you’re in action of making those.
Shooting and editing videos for some other YouTubers is also a lucrative option.
5. Online Teaching
With the education institutions closed, everyone is learning online now. Teach online anything that you have a strong grip on.
If you know any foreign language, you can train the native speakers of that language in your own regional language. You can train English speaking expats in Hindi or any other regional language. There are many websites enabling this service.
2020 Small Business Ideas:
You can start the following simple yet new age 2020 new business ideas with zero investment – If you are good at something, never do it for free.
6. Freelance Projects
(a) Many websites offer requirement basis assignments for data entry, academic essays, homework to anyone who would step in
(b) Since the tutorial centers are closed, you can help neighborhood kids with homework
7. Handicraft & Skillset
Candles, wooden or pottery showpieces, paintings, upcycled fashion, and household items, anything handcrafted is back in trend. You can start a boutique or workshop at home, on a paid registration basis. You can also sell these products to other boutiques.
You can organize cooking workshops, or teach other skill sets in private lessons.
8. Car Pool
Carpool services are picking up due to apprehension about taking crowded public transport. If you have a car, you can start a carpool service with commercial establishments in your area; or for your neighbors to their offices within the same radius.
9. Drop-ship Service
If you have a vehicle, then you can get in tie-up with grocery, retail, wholesale stores, and godowns. Pick up the products, and drop off wherever needed.
10. Food Service
If you are good at cooking, you can start hosting a pop-up restaurant at home or garage. You can even start your small catering business within your known circuit, for small gatherings. You can expand via word-of-mouth and Social Media.
All of humanity is in this crisis together. Every ounce of our effort will count in building a better future together.
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