Business ideas to start during Covid-19 Pandemic 2020/2021

Business ideas to start during Covid-19 Pandemic 2020/2021

Business ideas to start during Covid-19 Pandemic 2020/2021 – Covid-19 pandemic became a big issue in the year of 2020.

The business climate of the world has slowed down so much and have been stalling for quite a bit ever since.

Many people have lost their jobs and this is something of a concern. Especially those with families to feed, it becomes very tough if you do not seek some form of income to tide through tough times.

For those who have thought of doing something during the lockdown periods, they may have found a new business avenue.

There are definitely more staying at home and also for those who are more into entrepreneurship, the launch of brand new businesses.

So what are some of the ideas that we think will be great for a covid-19 startup.

Let us start on our article on “Business ideas to start during Covid-19 Pandemic 2020/2021”.


1. Home Baking & Cooking

home baking

Many people started baking and cooking at home.

Baking is something that can help you to sell some cakes and pastries so that you can share them with the world.

Pastries are not too difficult to prepare so starting up something like this is not too tough.

You will still need the influence to push them out to the market though, so it will most likely still need some form of marketing dollars.

This is also something you can just kick start with just an instagram account!


2. Digital Marketing

digital marketing

Digital Marketing is the future.

The future of getting businesses to grow and have outreach to other people.

Digital marketing is part of the digitization process that the Singapore Government is strongly encouraging.

Are you someone who is good at getting people known, then this is one of the best ways to get it done.

Learn your digital marketing online from courses or YouTube and start offering businesses the means to reach their customers.

Facebook, Google, Instagram and even LinkedIn, there are so many ways to get your business going!


3. E-Commerce

ecommerce

E-Commerce will only get bigger and bigger in the years to come.

Retail is sunset and with E-Commerce, you can sell anything from anywhere.

All you need is a way to market your product and you will be able to sell.

E-Commerce stores need a lot of branding and marketing and this is something you should pay good attention to so that you can do something about it.

Definitely a good idea to start during the Covid-19 pandemic.


4. Dropshipping

dropshipping

Similar to E-Commerce, but instead of building a brand, get something more generic that you can just drop ship.

Dropshipping has become very popular with most business owners who are just starting out because they cost next to zero to run.

You need to really build up a good marketing machine to push out the sales.

Be prepared to spend some money on Facebook to push out your products!


5. Live Streaming Influencer

Live Streaming

Photo by Jesus Loves Austin on Unsplash

Live streaming became a very popular job during the Covid-19 pandemic. During lockdowns, people have nothing much to do but they need to be entertained.

This is something that most people will look forward to.

When you are home and wanting to get entertained and buy something, you look towards a live streaming influencer and you end up buying either really useful or useless things.

Live streaming has become a great thing for people who use this features on Facebook and Instagram to engage their crowds.


6. Education Technology

Education Technology

When the Covid-19 pandemic hit, one of the worst hit are the education sector people.

Education has been badly hit because the best forms of education is when you can interact with the teacher and learn from them.

With zoom classes, it is just not as effective.

But with the covid-19 pandemic going on, one of the best business ideas you can work on is actually education technology.

Education technology helps people to learn even when at home and making things more interactive makes it easier for your child or yourself to learn.


 

Do you have any other ideas for what you can do when you are under lockdown or when you have nothing much to do at home and want to start up a new business.

The fact that Covid-19 is likely here to stay, you should get ready for a new normal.

It might take awhile more for things to be restored to normal but humans as a race will require a lot hard work together to pull through.

K Cloud Accounting is a Singapore leading accounting firm.

Speak to us if you require accounting services or corporate secretarial services.

Thank you for reading this article on “Business ideas to start during Covid-19 Pandemic 2020/2021”.

 

Business ideas to start during Covid-19 Pandemic 2020/2021

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