All roads lead to sustainability
In a study cited by WeForum (2021), it was found that sixty-six percent of all respondents, and seventy-five percent of millennials, mentioned that they consider sustainability before finalizing a purchase decision.
This study is relative to that of NYY Stern (2020) when their market research and surveys revealed that products marketed as sustainable grew 7 times faster than products not marketed as so. Such findings from both vouch for the indisputable fact that society is becoming more and more aware of their shopping habits’ impact on the environment and thinking of going net zero.
With this much increase in advocacy popularity, all sorts of businesses venturing into sustainability will surely make great strides. In the past years, biking has continued to increase in popularity. Many use them to fulfill the needs of their cardio and aerobic exercises so they can stay fit and healthy.
Because cycling is such an enjoyable activity, many take advantage of bikes to keep themselves off traffic jams and save gas money. As an ultimate sustainable form of transportation, you can offer bike wash, repairs, or even refurbishment services in your neighborhood.
A week’s supply of eco-friendly cleaning agents, a few common bike parts, and maintenance care items can help you start small and humble. If you do not have the budget to give this a try, another cost-effective business to put up is your very own eco-consultancy firm. For this, you will need to educate yourself on laws, lessons and theories on sustainability.
You can derive income from assisting and guiding others in implementing environmentally friendly systems so their businesses can respond to the trends and present themselves as one with sustainability.
Beauty products are proven pandemic-proof
Capital Counselor (2021) pointed out that the global beauty industry market is valued at a whopping $511 billion in 2021. Specifically, the beauty and personal care market will hit an outstanding market size of $716.6 billion by 2025. The US cosmetic market is worth a staggering $62.46 billion.
Contrary to expected, the beauty industry did not experience a sales hardship in the pandemic. Cosmetics were still sold out as virtual events made grooming a relevant major concern despite being at home. Quarantining also just provided people with the luxury of time to try certain skincare products that require downtime.
Being at home, they do not have to hide their swollen and red faces caused by chemical peel solutions. Because of these, beauty products are a foolproof way to kickstart a beginner’s business, in-location or online. Facial tools like steamers, comedone extractors, and gua sha scraping tools can also be a sure hit.
Self-care includes pet care
The American Society for the Prevention of Cruelty to Animals or ASPCA (2021) revealed that one in five people surveyed had acquired a cat or a dog between March 2021 and May 2021.
Certainly, the lockdowns brought by the pandemic urged individuals to seek companionship from pets and this rose the pet adoption rate as well. The Human-Animal Bond Research Institute (2020) indicates that 74 percent of pet owners reported improved mental health.
Many reported less stress, increased social interactions, less depression, and reduced anxiety. With the many benefits a pet can bring inside a home and this heightened demand, there is an immediate and increased need for pet care services.
A doable business would be to open up pet training, pet-sitting, or a simple dog-walking booking service. Since these are all usually scheduled, you can only ask your staff to report for work as needed. Other ideas can be a pet restaurant, an online store of pet supplies, or pet photography. There are a plethora of business ideas that can help serve this demographic.
Baby products can boom
Morse (2021) stated that the birth rates in December 2020 to February 2021 were unusually low and this is quite likely due to the results of the COVID-19 pandemic.
However, in March 2021, the decline slowed down and continues to pick up to this day. Many couples deferred their baby plans amid the uncertainty of the pandemic. But as we near the post COVID-19 world, we can expect a rise in birth rates in the coming years.
Such is why baby products present a good business opportunity for startups in 2022. In Statista (2021), the baby care product market is forecasted to be worth 88.72 billion U.S. dollars worldwide in 2026 and this is good baseline data to motivate your online baby care store aspirations.
Haggle with a local supplier of diapers, cribs, clothes, baby food, and baby’s car seat to start. Then, depending on the demand, you can add in more products to offer.
Speak with your customers and ask about other products they need so you have an idea of what to supply next. Strategies like couponing or free shipping can also gain traction and make a purchase decisions hard to resist.
Lifestyle upgrade means home improvement
People have unlocked their inner Marie Kondo, a Japanese organizing consultant, author, and TV show host, during the pandemic. They were upfront about it on social media — decluttering, restyling, repurposing, and renovating.
It is almost as if the nation was really about upgrading homes and lifestyles in pursuit of living comfortably and more organized.
Three out of 4 homeowners have completed a major home improvement since the start of the COVID-19 pandemic. Homeowners younger than 40 are the ones most likely to have completed home refurbishment projects this year (Porch, 2021).
Because of this much following, starting your own home improvement business is a promising adventure. All you need is the skill and the eye to visualize a place’s work of art transformation. For starters, you can do basement cleaning and light renovations.
Then learn how to improve lawn or landscape horticulture. If the first two went quite well, then add a wallpaper business adjunct. The list is endless in home improvements.
Brush up minds with tutoring services
Organizing a team of tutors and being their manager can be a lucrative business that you can grow into a full-time income.
Tutors will be in great demand anytime soon, as educational institutions are recalling teachers and students for reopening. The need to recalibrate students and ensure they are still true to the prescribed curriculums will force every parent to hire a tutor.
Tutors help strengthen a learner’s subject comprehension, boost confidence, and build important learning skills. These are important to consider.
Going back to the physical school post-pandemic is different from coming back after summer vacation, and tutors can help facilitate this transition. An effective email marketing strategy can assist you in promoting your services to parents. You can also partner with a teacher who can help you with referrals, just be sure to incentivize them.
Build an empire with web designers
There is a growing and soaring demand for the web designing and building profession. With more and more people rapidly leaning onto e-commerce than the brick and mortar store, all industries, from starters to multinational companies, are always on the lookout for talented web designers who can update and continually improve their websites.
Web design in e-commerce is any brand’s selling point. It influences how the market perceives a brand. The impression a website makes can either get visitors to stay or leave your brand’s page. A good web designer could help companies keep their leads on their page.
Such is why their role is in demand. You can learn and gain some experience before offering your web design and building services to prospective clients but the business-minded would rather choose to hire, gather and manage multiple web designers who can cater to various projects and earn a fraction of the project cost from each.
Make room for freelancing business
In the newly-emerging gig economy, full-time freelancing is recognized as a legitimate career with as equal earning potential as traditional ones.
This and other more advantageous reasons are why a lot would prefer remote work as a freelancer than that from within the four walls of the company’s office. In this light, training for requisite skills and knowledge are in full demand.
Now is the perfect time for you to come up with a service-based business where you can offer training for a certain skill, boosting your income while utilizing your talent. Offer topics on SEO, graphic design, content creation, video editing, data protection seminars, and come up with unique programs like detecting phishing scams or responses from email generators.
There may be hundreds of virtual courses available for these on Coursera or MOOC but no website can top a true trainer in front of the screen and respond to trainee’s questions.