The spread of Coronavirus pandemic has affected almost every continent and country. While it has created a great panic amongst the people, the world has seen a sudden unfolding of several events, which were beyond imagination. With the daily increase in the number of positive cases of COVID- 19, now more and more people have confined themselves to four walls.
Every section of the society has been forced to look for alternate options to run their day to day operations. And the business world is not an exception. But thankfully, technology has turned out to be a great savior for many industries. While many companies are hurting during the coronavirus pandemic, some small businesses are seeing lots of new and returning customers by adapting accordingly.
Starting a business during a pandemic might actually be a good strategy to reset your life’s path. With the additional stimulus funds in your household, you can take the first step into entrepreneurship. Since becoming a business owner is partly about taking risks and believing in yourself, become your biggest fan and put that spare cash to work for you because it’s now or never — especially if you have some extra time on your hands.
Once you’ve gotten your costs figured out for starting a business, one of the most important questions an inspiring entrepreneur should ask oneself is, ‘What can I sell?’ This is a great starting point before graduating onto the best business idea for you. If you’re passionate about something, think of ways it can be monetized, especially if it’s something that could be done or sold online. Perhaps consider something that doesn’t exist, but you have a special skill or knowledge for, while still potentially catering to the masses.
There are all kinds of products and services people will be happy for you to provide during these times of crisis. There are many business ideas that can stem from this pandemic, especially since it could recur in the future. Here are a few business types that are currently thriving:
In the hurricane of Coronvirus spread, it is very difficult for brick & mortar businesses to find their sustainability in the market. Thankfully, the digital world has a solution to this problem. Businesses have a golden opportunity to expand their customer reach by going online, and boost their sales.
Online Education App
Educational institutions around the world are forced to shut down and shift to online learning programmers. This crisis has definitely triggered an online boom for education industry. 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.
Game Makers and Sellers
With the novel coronavirus forcing many people to stay at home instead of going out, small businesses that create board games and puzzles are popular since they help entertain families. Additionally, small video game makers that work on creative titles for children are seeing an uptick in demand with many kids unable to attend school.
Producing masks have become a popular choice for new entrepreneurs. Americans all over the country want to obtain high-quality (and in some cases creative) masks to protect themselves and those around them.
With the spread of coronavirus fears around the country, it should come as no surprise that professional cleaning services that sanitize offices, restaurants and homes are in high demand.
With the general public practicing “social distancing” and many U.S. states closing restaurant dining rooms, more families are stocking up on goods and eating at home. This has led to large and small grocers alike to see surges in customer demand.
Canned and jarred goods companies
With many people wanting to stock up on canned and jarred food, small businesses that manufacture these goods are seeing more business.
Liquor and wine stores
Because many bars closed around the United States due to COVID-19, local liquor and wine stores have dramatically increased sales.
There are so many people at home and the weather beginning to get warmer around the U.S., consequently, home gardening has gained new popularity. People are growing their own fruits, vegetables and plants because it can be a little scary to go to the grocery store, supply is constrained at stores, and there’s simply more time to try your hand at being a green thumb. Naturally, gardening companies including seed providers are booming.
Landscaping and yard care companies
As more people than ever are stuck at home due to coronavirus fears, homeowners have much more time to tend to their lawns and gardens. As such, landscaping and general yard care companies are seeing unseasonably good business.
Telehealth companies that allow patients to see doctors or therapists via their computers or phones have become more popular and continue to increase nationwide.
Remote health care is playing a crucial part in navigating the impact of the virus outbreak. The Economist stated, “Online health care helps patients and medical workers—and will be a legacy of combating the novel coronavirus”. During the isolation-time, it is important for healthcare professionals to take care of their patients, without encouraging them to step outside.
Online Medical Van Booking
Another idea which could make lives comfortable and secure at this phase (and even in future) is heading off with an online ambulance or medical van booking app. COVID-19 has triggered medical commerce boom. It will be an amazing and helpful idea.
Fitness & Wellness App
Offline gyms and health centers are among the businesses severely impacted by pandemic outspread. On the contrary, digital platforms have turned out to be a blessing in disguise for the health and fitness industries. Business Insider reported, as major gym chains close their doors to curb the coronavirus outbreak, people are increasingly turning to digital workout programs to maintain their exercise routines from home. From online training apps to yoga and meditation apps, the sector promises tremendous growth.
Fitness equipment companies
With many gyms closed across the U.S., Americans have turned to home gyms in order to help them stay fit during the coronavirus crisis. While yoga mat purchases are likely the number one purchase for many working out at home, other fitness products are seeing success. Small-but-growing tech startups that offer internet-connected fitness equipment are thriving. These services allow users to receive live or recorded instruction from experts that are then paired with proprietary equipment designed to fit into your home gym or spare room.
With many consumers afraid to leave their homes or being advised by state governments to shelter in place during the coronavirus crisis, professional delivery services have stepped up to make sure goods can be delivered to homes and businesses. While nationwide food delivery services and corporate retail deliveries have been the largest beneficiary, local delivery services are also seeing strong demand.
Meal prep delivery services
Many of the top brands for meal preparation and delivery are skyrocketing due to people spending more time at home and less at restaurants. Taking advantage of this trend, several small businesses that offer meal prep and delivery are also seeing increased demand.
Pickup & Delivery
With all types of businesses finding ways to reach their customers doorstep, delivery solutions are becoming a life-savior. And for this reason, delivery services have observed a surge in their business amid the coronavirus crisis.
The fear of getting exposed to the pandemic keeps people from going to offline grocery stores. While the stock in their homes doesn’t seem to be lasting for longer now, they are ordering it online. It is the major reason for the exponential rise in number of downloads for grocery delivery apps in the recent days. Did you know, downloads of Instacart, Walmart’s grocery app and Shipt have increased respectively.
At this moment, pharmaceutical businesses have an essential role to play. People quarantining themselves find it difficult to reach medical stores. Not only those affected by the virus, but others who are dealing with minor or major health issues, are failing to get medicines on time. Hence, it becomes the responsibility of pharmacy businesses to contribute in the fight against Coronavirus. With a right tech partner by your side, you can switch to an online medicine delivery business in just a few weeks.
Several restaurants had to shut their shutters after the government ordered an enforced lockdown. Waiting for the situation to get back to normal seems no longer a good option for them. But switching to online delivery sounds certainly perfect. Food delivery services thrive, as consumers opt to stay in to avoid the spread of contagious diseases.
This is an unprecedented time for the entire business world. While there’s no slew of tried-and-true best practices for dealing with this global pandemic, the above start-up ideas can help you emerge out as a leader through this crisis.
We truly believe that there will be a solution to this pandemic very soon. The world will be a healthier and safer place once again. And the businesses will be gaining their momentum.
Are you ready to get started? Need help turning your business into a brand? Let us help you and your business get off to a great start.
At epicimpress.com, we are here for you and your business. If you have any questions, please contact us or schedule an appointment.