Home ENTREPRENUERSHIP 10 Highly Profitable Businesses During the Covid19 Pandemic

10 Highly Profitable Businesses During the Covid19 Pandemic

by Ibrahim Dauda
covid19 pandemic

The COVID19 pandemic has brought about disruptions across the world and is fast causing an unprecedented economic crunch. But a time of crisis can also be a time of opportunity. Although physical interaction has been halted, online connections aren’t. this serves as the best time to venture into online entrepreneurship and below are some of the ideas you can choose to capitalize on.

01. DELIVERY SERVICE
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With very minimal capital, especially if you already have a bike or a vehicle, starting a delivery service is a very attainable goal. With citizen advised to stay home because of the lockdown they still need access to essentials like food and hygiene supplies among others. This is a good time to join professional delivery services that have so far stepped up to ensure efficient supply for both businesses and households.

02. AFFILIATE MARKETING
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This is the process of earning a commission by promoting a company’s or other people’s products. With this type of business, you don’t have to develop new product yourself, what you need is a site to sell other people’s products and receive a commission for each sale you make.

03. BUSINESS CONSULTING
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Many businesses are now operating remotely, and this being a new and abrupt arrangement, there will be need for new expertise. As a business consultant you have plenty to do, you will aid your client with designing a business models or marketing plan and also determine which marketing technique to use and how to use them at a time like this.

04. DIGITAL MARKETING
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Digital Marketing

Digital marketing is vital for any business and a very vital asset for growth in this period. With less physical interaction, brands are seeking quality traffic, awareness and exposure. Now is best time to venture into digital marketing to help businesses establish an authoritative online presence.

05. VIRTUAL ASSISTANCE
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Almost every small business needs help running their day-to-day administrative tasks. And what’s timely about this that even with the lockdown, you can offer such services from a remote location. As a virtual assistant you can offer services offered by traditional assistant such as paying bills, scheduling appointments or managing expense repayments.

06. PROFESSIONAL FREELANCER
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The present state has created opportunities for people who wants to make a living freelancing in their chosen field. No matter what field business is operating. Many companies tend to utilize freelancers. Businesses are practically searching of writers, programmers, designers, accountants among others.

07. BUYING AND SELL DOMAIN
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A domain name is the address where internet users can access your website. They are basically used in URLs to identify particular web pages. A number of people buy and sell domain names to earn money online since it takes very little time or investment.

08. GAME PROGRAMMING
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If you are good at programming games been it android, java, or PlayStation supported program, this is a huge opportunity for you to sit up and bring out brilliant ideas that will keep your consumers busy and well entertained.

09. CLEANING SERVICES
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If it gets dirty, chances are someone will be willing to pay you to clean it. 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. So make yourself available, advertise and get paid for an excellent job.

10. BECOME A VLOGGER/YOUTUBER
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This has become one of the most popular trends on the internet. Vlogger (video blogging) is a practice of capturing and sharing vlogs that typically feature a vlogger shooting themselves doing varying activities. Through clicks and views as well advertisement, vloggers are able to make good money.    

You see there’s much more out there to do and gain handsomely. Act now and find a spot in the fast developing world of entrepreneurship. 

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