If there’s anything that 2020 has taught us, it’s that your nine-to-five job isn’t as stable as you’d think. Having your own business as a sideline or a full-time commitment is still one of the best financial strategies you can make.
However, with the recent shift in the market, it’s normal for anyone to be nervous about making a big decision like this one. Plus, with the pandemic still ongoing for the majority of the world and travel is basically limited, you might think that there’s only so much that you can do.
Not surprisingly enough, the online market has been thriving now more than ever. So why not jump on the wagon and start earning money online or even begin your startup business creation journey this 2021?
Here are six amazing business ideas you definitely want to know and start practising this year:
Publish Your Own Blog
You might raise your eyebrows at this one, but the reality is, the online space is thriving at a breakneck speed! People are now finding ways to turn their hobbies into something profitable. For most of them, that means taking advantage of the current online marketing system.
Publishing your own blog allows companies and agents to use a dedicated space on your page for advertisements. By maintaining a reputable blog, you’ll earn your engagement and ad revenues! Aside from that, by having a reliable online presence, you’ll also have opportunities for brand deals and other collaborative engagements.
Therefore, initiate an informative and beautiful blog today and start earning!
Try to Become an Online Personality
Also known as “influencers”, online personalities and entertainers are basically new occupations that have risen over the past few years. There’s a never-ending demand for entertainment from whatever niche the viewers want. With the internet becoming more of a common space for everyone, being an influencer is certainly one of the hottest jobs for the younger generation.
While it might be a little unconventional, don’t knock it until you’ve tried it! Or at least researched about their earnings. You’d be surprised at how many online personalities rack up on a single Instagram post or YouTube video.
Apply as a Virtual Assistant
The demand for virtual assistants, or VA, boomed once people found out that you can make a living online. Businesses no longer need to have physical offices or even hundreds of employees to run them. Companies now look through the internet for employees to do their job remotely at their own time.
From large enterprises to solo entrepreneurs —there will always be employers looking for virtual assistants that will help them with their day-to-day management and operations. As a virtual assistant, you’ll have the responsibility of doing administrative work like scheduling, organization, answering emails, and more.
This depends on the kind of business that your employer is in. Some would ask for graphic design work, market research and analysis, and more. Common virtual assistant job postings are for companies or individual entrepreneurs who do online selling on Amazon, Shopify, and other platforms.
Launch Your Own Online Food Business
Whatever the state of the economy we’re in, food will always be a business niche that will never go down. Last year, going into the food business was one of the trends for people who want to make a living online.
If you have a knack for cooking, then this is a perfect pick for you. It’s scalable which means that you can start off by doing limited servings per day or full-on catering service.
There are different ways that you can do this —from cooking or baking your own food from scratch or just simply becoming a distributor. With people staying at home and dine-ins are normally discouraged, deliveries and take-outs are becoming part of the new normal.
Start Your Own Clothing Shop
Online selling definitely became one of the biggest business ideas for the past few years. Even before the pandemic, there’s already a trend where online shopping is the preferred choice compared to going to the mall.
When it comes to the clothing industry, there’s always room for another clothing boutique. Online clothing shops have become more and more prominent in the e-commerce scene and despite the wide market competition, it’s still completely profitable. After all, fashion will never go out of business!
Opening an online clothing shop is pretty scalable depending on your capital. You can even start with thrifting just to get the hang of it before you start buying your inventory.
Open A Jewelry Reselling Business
Like we said, fashion will always remain a profitable market. So why not start your own jewelry reselling business?
Opening an online jewelry boutique isn’t as hard as it looks especially when you find the right source for your products. There are many routes that you can take when it comes to the jewelry business — you can create your own pieces, or you can turn to buying wholesale jewelry for resale as a method.
For most startup jewelry business owners, buying jewelry pieces in bulk for the purpose of selling them is the better option for the two. It’s less work on their part and the chances of failing on a manufacturing level are significantly low especially when you have a trusty manufacturer and wholesaler. The potential profits that you’ll make have high margins too, considering that you can resell jewelry with 200% or more markup thanks to the benefit of the wholesale price.
To start your own jewelry business, you have to have a manufacturer that understands how the market works and takes the importance of your business, no matter how big or small it is. Getting jewelry items that are on the trend in a timely manner is really important and that depends on the reliability of your manufacturer.
JewelryBund.com is a professional wholesale jewelry supplier online since 2008, provides high-quality jewelry pieces and accessories that are always on-trend. All items on the site came straight from the company-owned factories which guarantee the clients the lowest wholesale factory price possible, giving them wide berth for high profits. So if you want to get started on your very own jewelry and fashion accessory business, consult JewelryBund today to collect more information for promising jewelry reselling business success.