September 3, 2020

Here Are 3 Profitable Startup Ideas To Consider During Corona Pandemic

Currently, we are living under a constant threat and probably unable to think of anything good. The COVID-19 pandemic has affected all sectors on a large scale. No demand, termination of labor, and many other aspects have urged business owners to temporarily or forever shut their business. On the other hand, customers are these days avoiding crowds, and inclination towards online shopping is increasing, including food, groceries, and other essentials.

As the situation does not seem to be improving very soon because we don’t have any concrete solution to this disease.

Here we are going to talk about three major startup ideas that offer a huge opportunity to the business owners. Living in a digital world, where employee-employer, student-teacher, or daily work depends on some digital medium, this is the right time to take advantage of technology and get an attractive yield on your investment.

# Online Delivery Business

Needless to say, from the last couple of years, the online delivery business is getting massive attention as it ensures comfort and allows customers to avail products and services at their doorsteps. This is the booming sector that is experiencing amazing growth, especially post-pandemic.

More and more business owners are transforming their existing business models and opting for glovo clone app solutions. It allows customers to order food, grocery, medicine, alcohol from the website or user application, and get it delivered at their location in no time.

Another major reason for the popularity of these apps is people’s buying behavior. Due to fear of virus spread, customers are now switching towards online shopping, whether ordering food, grocery, alcohol, or anything else. This behavior is encouraging business owners to take their business online.

Some popular names that have succeeded in the online delivery business are Zomato, Uber, Doordash, GrubHub, etc.

# eCommerce

With global lockdown imposed, people are now maintaining social distance to keep staying healthy and fit. People are no longer willing to visit malls and public places. Hence, eCommerce based sectors are booming at large. If you are excited to start something new that gives you optimum return quickly, eCommerce solutions would be a great idea.

Taking advantage of modern technologies and interface management systems, eCommerce is the emerging industry; according to the current market report, the global eCommerce market size was estimated at $9093 billion in 2019. It is projected to grow at an annual rate of 14.7%.

The above figures itself displays that the future of eCommerce is bright as people who refrained from using online services are now ordering essentials even online.

# Telemedicine Solutions

Due to lockdown, the trend of remote consultation with your doctors increases as it allows the patient to seek treatment online when they need them. People no longer wish to travel due to pandemic, and on-demand telemedicine app solutions will enable them to consult with their doctors in real-time as it saves time and cost.

Due to social distancing and fear of infection, the virtual healthcare and telemedicine solutions will continue to grow as it improves patient’s health by giving them instant treatment.

Conclusion

Are you investing in any of these? This is the right time to take a step forward as it will give your startup a competitive edge and ensure profitability compared to any other business.

Source : https://www.elluminatiinc.com/e-delivery/glovo-clone/