COVID-19 has shaken up the world economy on an enormous level, and we are all struggling to fight the consequences of this global crisis. As it progresses, businesses are expected to be slow and will not in their normal state for quite some time. Even consumers have gotten new habits and behaviors since the pandemic hit. They are hesitant to go out and shop, which is mainly why brick-and-mortar stores, offices, and businesses are tremendously affected.
For the past months, traffic has decreased, but online traffic certainly hasn’t, and this has given us the perfect opportunity to start our own online business. Despite the present circumstances, moving forward with an online store or brand will be a win-win for you (like me!).
Below are some things you need to know about setting up your own business right in the comfort of your own home.
Open your online consultancy firm.
If you have creative skills in photography, music, or baking, opening a home-based consultancy business online won’t be as hard as you think. You can reach out to your clients online through various digital platforms, like Facebook, Instagram, LinkedIn, and others. Other niches you can provide services for include diet consultancy, workout practices, and personal advice.
Why would this be a great business idea? As all of us are aware, most, if not all, people have been stuck at home for about two months or more, and they have been accustomed to doing their daily routines from home. They work out at home, dance and learn instruments from home, or find a chat mate who can be friends or advisers while they’ve been quarantined. So undeniably, they would be more interested in seeking online services rather than go out and risk getting infected with the coronavirus.
You can set up your new business by investing in a small workspace to start with. Then depending on what kind of consultation you’ll be doing, you need to purchase a good quality instrument, gadget, or utensil. If you’re into photography classes, use the classic one you have in your drawer. You don’t have to buy if you still have one that you already own. If you want to help others learn how to bake, then just get a new pair of hat and apron that will make you look good online.
Find a job in an online freelance workspace.
Many websites offer jobs for freelancers with different skills, and you can choose from hundreds of job postings available on the platforms. Writing, email support, and customer service are some of the most popular jobs that perhaps you are qualified to apply. Search for sites like Upwork, Fiverr, and 99Designs, among others. If you’re more tech-savvy, then luckily there are thousands of careers in web design, programming, and digital marketing waiting for you.
Start an online delivery business.
Online grocery and retail shopping are currently at the height of its popularity. With people still afraid and hesitant to eat out and shop at malls and supermarkets, the online shopping platform is the most preferred way of acquiring basic needs, the most famous being online food delivery service. If you want to start strong but think that the food business has a lot of competition, then go for the next best thing – pharmaceuticals and personal care needs. Deliver your customers’ medicines, alcohols, masks, etcetera, right at their doorstep. Once you’ve established a name for online delivery, you can add everything else that people need and want – food, groceries, and even clothes and shoes!
Start an online marketplace.
This involves connecting employers with employees and getting a percentage out of the transactions they will be making from their contracts. This might be a little tedious to initiate, but as you get the hang of it, you’ll just be waiting for contracts to be placed and money to get in.
Keep the faith and hope for the future.
None of us anticipated a disaster such as this, but then amidst the challenges in many aspects, we have all tried to survive and thrive – and we are doing that. We may be confronted by several drawbacks and pitfalls right now, but we must keep the faith and hope for a better future, where we are ready to live the new normal in a productive and meaningful way.