7 Best Online Business Ideas For Startups

It would be amazing for you to know that 69% of US entrepreneurs start their business at home (a Small Biz Trends survey). The same resource says that a third of small businesses get started with no more than $5000.

This means that for starting a business you don’t need much money and resources. All you need is a good idea and a better implementation of the same.

Almost 49% of people stated that they started their business because they wanted to be their own boss or wish to pursue their passion. So, if you also have the desire to be your own boss then this article is worth reading for you.

The secret of success of any business is, focusing on the problems people are facing in their lives and then providing them an adequate solution through your product or services. Along with this, for your business to be successful, it is required that you should adopt the way which ensures you reach to maximum people.

Considering the present time and age, there are two things which have grown with a much faster rate, one is internet connection and second is a smartphone. A report by Newzoo says that by the year there would be 3.8 billion smartphone users by 2021 globally.

With this, there would be 2 billion mobile apps by 2020 (a Statista report). So, why not leverage both of these things to come up with a superb business idea.

There cannot be any other way better than hitting your targeted audience through their smartphones. Below we are going to mention 7 best online business ideas which are worth millions for startups.

1. Online Food Delivery App:

A business that could be great for your online startup could be online food delivery app. There are two main reasons for this, people will not get bored with food plus they want food in their comfort zone.
Bringing the restaurant to home for the users through a mobile app would be liked and appreciated by masses. You can work between restaurant and users and can earn handsome commission out of every order.

2. Shopping App:

One great online business you can do to earn a good profit is getting your own shopping app. Whether you wish to focus the local market or you want to target the global users, this is a great online business for the startups to do.

People today are looking for comfort to buy things. They don’t want to wait in long billing queue or shop in the dearth of options. Whether it is buying household things, grocery, or a smartphone, online shopping has become the trend of the time.
You can take the maximum profit of this tendency of shoppers and come up with a shopping app with unique products and great user experience.

3. Tutor Service App:

There are education apps and there are educational videos, but what if a student has a doubt about anything. The gap can be bridged by a tutor service app. You can develop an app which would aid both the local tutors and students.

The local tutors can register through your app and could solve the concerns of students in real time. You can generate revenue by taking registration charges from both tutors and students. Along with this, ads would also solve the purpose of revenue generation for you.

4. Chatbots or Digital Assistant:

We all know this that chatbots are slowly and gradually replacing the chat supports which were handled by humans. Building a chatbot or digital assistant which can answer the queries of human quickly and accurately is a great business idea for SME.
Using technology like artificial intelligence and machine learning, you can come up with a chatbot or digital assistant that could be helpful for many online businesses. It is a great revenue generation idea because this technology is the demand of time.

5. Fitness Apps:

People are much occupied with their daily routine that they could merely get time to devote to gym and workout. Developing an app that could encourage people to be fit would be liked by masses for sure.

You can generate such kind of app that could track the regular diet and eating habit of a person. Along with this, the app could work on technologies like data analysis and could suggest better and personalized eating and fitness tips.

6. Social Networking App:

Hectic schedule of the present time has stretched a line of the distance between people. In such a case, you can develop a social networking app. Just take the example of Facebook, how this social networking channel has become one amongst the top revenue-generating companies across the world.
But yes, you need to consider this that competition in the industry is really very vast. So, if you wish to survive then you need to come up with a unique feature that the user could rejoice in your app then only it will become popular amongst masses and would generate revenue.

7. Ticket Booking App:

One business that would never go out of trend is ticket booking. The present scenario does not provide enough time for people to go to a physical location for booking tickets, whether it is a movie ticket or a travel ticket.

You can take benefit of this and can enter into the business by building your ticket booking app. It can be a travel ticket booking app, movie ticket booking app or anything else which suits your desires. You can add multilayer of features and can serve customers need with that.
Along with this, you can also go for a single app that provides the customer ease to book a ticket for anything and everything all at a place. This would bring more users to your app and you can ultimately gain profit out of it.

In a Nutshell

Business can be anything but if you aim to become an entrepreneur you should come up with an idea never practiced before. For the success of your online startup business, you can go with old ideas but of course with some modifications and uniqueness to it then only it would be appreciated by the masses.

There is no doubt that through mobile apps you can easily reach to the masses but you need to be sure that you are also liked by them. When there are already billions of apps available in the play store, it is only uniqueness in features which could bring laurels to your business.