Top 8 Best Business Ideas For Worthy Investing Amidst COVID-19

Top 8 Best Business Ideas For Worthy Investing Amidst COVID-19

The unfold of Coronavirus pandemic has affected nearly every continent and country. whereas it’s created a good panic amongst the individuals, the globe has seen a sharp development of many events, that were on the far side imaginations to this point. With the daily increase within the range of positive cases of COVID-19, currently, a lot of and a lot of individuals have confined themselves to four walls.

As the state of affairs doesn’t appear to be up terribly before long, each section of the society is implemented to appear for associate degree alternate choice to run their day to day operations. And therefore the business world isn’t associate degree exception. However, fortunately, technology has clad to be a good savior for several industries. The announcements of health regulators to take care of social distancing created customers keep in. On the opposite hand, it’s brought forth a chance for the entrepreneurs and business house owners to convey it back to society within the most crucial times.

Stand Together For a much better Tomorrow

Amidst all the chaos caused by the pandemic, there’s still a ray of hope for the business world. Yes, there’s how out which not only helps entrepreneurs substitute solidarity but also run their business more efficiently. it’s about taking your offline business online. While this might add ease to your customers’ lives, you will be able to serve them right at their doorstep. And there are more reasons you’d wish to understand.

Why goes online the right solution for businesses?

Growth of mobile apps: Despite the crisis impact, mobile app spending is predicted to double by 2024. Moreover, downloads will reach 183.7 billion, i.e. 9% more from the forecast made before COVID-19. Increase in online shopping: Amazon says it’s out of stock of home items, and deliveries are delayed because of Coronavirus demand.

Reduced human contact: Online businesses are empowered with contactless deliveries- need of the hour. Shifting to an internet marketplace turns a wiser decision which helps save your resources, customers, and business, altogether.

Expert’s recommendation: Retail and logistics experts say online shopping is permissible and encouraged during the COVID-19 outbreak. In fact, categories like electronics and health experienced a 91% and 109% increase.

From the above facts and figures, it’s pretty clear that online business has the potential to survive these challenging times and grow in the future. If you’ve been running an offline business otherwise you had some plans to require an edge in some new venture, it is the proper time to supply your idea a real shape. In fact, there are few verticals that see promising futuristic growth. to help you out, we’ve created a listing of them. Have a look:

1. Pickup & Delivery

With all types of companies finding ways to achieve their customer’s doorstep, delivery solutions are becoming a life-savior. And for this reason, delivery services have observed a surge in their business amid the COVID-19 crisis. The Hills states, “A changing economy means new opportunities, especially for delivery services.”

Regardless of the business size & type, there is a requirement for a robust delivery management solution. you will find one here.

2. On-Demand Doctors/Nurses/Caretakers

Consistent with a report, a Manchester-based online doctor platform Push Doctor saw a 70% increase in consultations. Hence, developing a platform where users can seek on-demand doctors, nurses, and even other healthcare service providers seems to be a future-proof idea. Build an app which simplifies the method of booking for medical professionals visiting their home.

3. Online Education App

Educational institutions around the world are forced to shut down and shift to online learning programmes. This crisis has definitely triggered an online boom for the education industry. As per the stats, education app downloads spiked in March 2020, increasing nearly 300%. While it is helping to cope with the current emergency, it is also preparing the world for the next future. It is a great idea to build your trusted platform for learning.

4. Grocery Delivery

The fear of getting exposed to the pandemic keeps people from getting to offline grocery stores. While the stock in their homes doesn’t seem to be lasting for extended now, they’re ordering it online. it’s the main reason for the exponential rise in the number of downloads for grocery delivery apps within recent days. Did you recognize, downloads of Instacart, Walmart’s grocery app, and Shipt have increased 218%, 160%, and 124% respectively? Take your grocery online to make sure timely delivery of grocery orders at customers’ doorstep.

5. Medicine Delivery

At this moment, pharmaceutical businesses have an important role to play. People quarantining themselves find it difficult to succeed in medical stores. Not only those suffering from the virus but others who are handling minor or major health issues are failing to urge medicines on time. Hence, it becomes the responsibility of pharmacy businesses to contribute to the fight against COVID-19. With the right tech partner by your side, you’ll switch to a web medicine delivery business in only a couple of weeks.

6. Ecommerce Marketplace

The hurricane of COVID-19 spread, it’s very difficult for brick & mortar businesses to seek out their sustainability within the market. Thankfully, the digital world features a solution to the present problem. Businesses have a golden opportunity to expand their customer reach by logging on, and boost their sales. As per the Quantum Metric report, online sales have surged 52% from the year-ago period, and therefore the number of internet buyers has increased 8.8% since the outbreak began. Taking your e-commerce business online, you’ll enable contactless commerce deliveries now.

7. Healthcare Consultation

Remote health care is playing an important part in navigating the impact of the virus outbreak. The Economist stated, “Online health care helps patients and medical workers—and are going to be a legacy of combating the novel COVID-19”. Amid the isolation-time, it’s important for healthcare professionals to require care of their patients, without encouraging them to step outside. For this, you would like to succeed in them digitally. you’ll offer the simplest possible solutions to their health issues with the assistance of your own branded online healthcare app.

8. Fitness & Wellness App

With COVID-19, Plan For Today, Prepare For Tomorrow

This is an unprecedented time for the whole business world. While there’s no slew of tried-and-true best practices for handling this global pandemic, the above listed ten business ideas can assist you to emerge out as a pacesetter through this crisis. Moreover, it’s equally essential to know that the concept of the web marketplace comes with a futuristic approach.

We truly believe that there’ll be an answer to the present pandemic very soon. the planet is going to be a healthier and safer place once moreand therefore the businesses are going to be gaining their momentum. Whether you’re running a business already or have plans to take a position for better tomorrow, join the revolution to travel online. Get in-tuned with us and that we can assist you to become a subsequent market trendsetter.

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About Mitesh Patel

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I am Mitesh Patel , Business Growth Strategist at Mobile, Cloud and Web Development Company, Addweb Solution. I have experience in developing and executing digital strategies for large national and global brands in a variety of business verticals, including retail, education, healthcare and technology.