Business ideas in the 2020 crisis based on household needs

[subornaakter24]

During an economic crisis, the most popular trade is in cheap goods. Most likely, disposable inexpensive products will be in higher demand than expensive, durable ones.

Non-food chemical products.

Construction tools (people will repair medical insurance leads email list more themselves than buy new ones).

Goods for home and everyday life.

Products for creating a comfortable atmosphere in the home (lamps, heaters, humidifiers).

Multimedia entertainment products (game and TV consoles, tablets, consoles - everything for a fun time at home).

Products for bloggers - tripods, lamps, cameras, accessories for shooting.

Office equipment for remote work from home.

Sports goods:

sporting goods for organizing a gym in small spaces (mini-gyms, shoes, clothing).

Budget cosmetics:

As people spend less time on the street and in public places, they will begin to express themselves not through clothes, but through cosmetics.

Online Business During Crisis
Freelance exchanges and outsourcing at below-market prices will become popular.

For relaxation and meditation:

online sects and religious organizations;

services of professional psychologists online;

online trainings, courses, etc.;

spiritual practices, meditations;

medical and pharmaceutical services online.

Public speaking

Source: shutterstock.com

Entertainment industry:

streaming services (YouTube, online games, online libraries, online magazines and other entertainment content);

dating sites (a new way of contactless communication will appear);

entertainment blogs on social networks;

products for immersion in virtual reality.

Read also!

"How to Reduce the Cost Per Click: 10 Proven Methods"
Read more
Sexual goods and services:

porn and erotic chats;

video sex;

goods for adults;

delivery of contraceptives.

Online education:

learning foreign languages;

online professions for beginners;

popular and relevant professions;

courses and trainings on routine household chores (cooking, training, relationships, etc.);

tutors;

school education.

Communication:

communication in social networks, instant messengers, chats, forums, video conferences, etc.

Services aimed at entertaining, educating and developing children:

online games;

cartoons, online books;

sections and clubs.

Recommended articles on this topic:
Company Marketing Plan: Double the Company's Profits

KPI for the sales department: how to calculate and implement

How to get 3 times more clients for 2 times less

Online business is not so susceptible to the impact of economic crises. Niches that are always relevant to occupy:

accounting;

services for cost reduction and business process optimization;

financial consultations;

financial analytics and risk forecasting services;

virtual services for transferring some business functions to automatic mode;

services offering services for transferring business online;

Internet platforms for finding business partners, investors, clients;

freelance, outsourcing;

online marketing, remote sales;

legal and financial consultations on organizing legal economic activity via the Internet;

online business platforms are virtual platforms where it will be possible to jointly create and implement projects and startups, sharing risks, financial investments, profits, etc. In the field of entrepreneurship, cooperation is the main driver for development and progress.

During the crisis, fraudsters seeking to implement illegal get-rich-quick schemes become more active. In this regard, services that provide data on suppliers based on reviews on social networks from real people will become relevant.

Do not trust suspicious websites and social media pages that have been created recently and have no history.