5 Best Business Ideas During the Pandemic
The COVID-19 pandemic has changed a lot of things, including how businesses are done. People spend most of their time at home and do stuff online. Thus, opening a brick-and-mortar store isn’t one of the best business ideas during the pandemic.
If you’re looking for ways to make side hustles, implement one of these 5 best innovative business ideas during lockdown that we’ve compiled.
5 Best Business Ideas During the Pandemic
Here are some of the best and most unique business ideas to try in 2022.
1. TikTok affiliate marketing
TikTok has transformed into one of the largest social media apps in the world. If you haven’t signed up yet, now might be the best time to do so.
From how things are going, it seems that TikTok wants to change the way people shop online. Instead of using eCommerce sites, they want people to buy directly from the app.
To support that vision, TikTok has created an affiliate program where you can make money simply by creating videos about a certain product and putting the link to that product on the content.
Now, every time a user clicks on the link and makes a purchase, you will get a commission. Doing it consistently, and TikTok might become your main source of income in the future.
2. Online class
As mentioned before, the pandemic has forced people to stay home. And many of those people are looking for online education to improve their skills.
This is one of the best business ideas during the pandemic that can’t be overlooked. If you’re an expert in something, don’t hesitate to share your knowledge with other people. Besides, you can make a side income as well.
Examples of online class topics include digital marketing, copywriting, SEO, job interviews, yoga, cooking, and many others. You can also teach students online, as face-to-face learning at school is currently inactive these days.
You can start by providing one type of class according to your expertise. However, as money starts to flow in, you can expand the business by recruiting people with different expertise.
3. Online food merchant
Starting a culinary business is easier than ever. Say goodbye to renting a brick-and-mortar stand, because you can start your culinary venture at home. Just simply follow these easy steps to make it up and running:
Create a great recipe that makes people come back for more
Design your logo and brand
Apply to as many food delivery services as you can
Your online F&B business is ready to launch
Renting a stand for your restaurant is expensive, not to mention the expenses of paying your employees. That’s why starting your food business from home is one of the best business ideas during the pandemic.
4. Home decoration
Another suitable idea for the current situation is a home decoration business. People spend most of their time at home, so they want to make it as comfy as possible, right?
To start this business, you don’t need to invest money in creating your own products just yet. Just simply find local craftsmen in your area, take a picture of their product, and post it on social media and eCommerce.
As you gain more customers and make more money, you can then start to produce your own home decoration products.
The business model of dropshipping has been around for ages, yet it’s still one of the best business ideas during the pandemic. The way it works is kinda similar to affiliate marketing, in the sense that you sell other people’s products without actually having them.
With the rapid development of eCommerce sites such as Amazon and Alibaba, finding trusted suppliers is easier than ever. You just need to search the product you want to sell, and compare the prices to find the cheapest one.
After that, you can let your friends and families know that they can order that specific product from you. You also have to market the product on social media like Instagram and TikTok.
While dropshipping isn’t easy, it’s still one of the best business ideas to make money online.
The toughest of times create the strongest of human beings. Although not easy, there are still plenty of unique business ideas to execute in this hard time — TikTok affiliate marketing, dropshipping, online class, food delivery, and home decoration to name a few.
So, which one do you think is the best business idea? Do you have any other suggestions? If so, let us know in the comment section below.