Connecting with newer generations is easy when you take advantage of the in-demand ideas
Starting a business is not a cake-walk. You need to have a profitable and unique business idea to gain better profits. Your business idea should also be in trend and in sync with the need of consumers especially the millennials.
Connecting with newer generations is easy when you take advantage of the cool, in-demand ideas at your fingertips. Here are 5 best new-age business ideas.
The drone industry is accelerating at a high pace. With new government policies, the industry is witnessing ever-increasing growth due to its use in various fields. From drones delivering packages to farmers checking out their crops to videographers getting the best aerial shot, there’s a growing demand and interest in this niche market. The industry is expected to grow to $127 billion by 2020
Technology has made its way into the education sector. Every type of Edutech imaginable has already come to fruition. According to a survey, three-quarters of kids have access to a mobile device. This offers a profitable business opportunity for app developers.
For example, ChuChu TV is one of the world’s most popular kid’s creators on YouTube. ChuChu TV’s channels garner around 20 million views a day and add close to 50,000 subscribers a day.
Online liquor delivery is the most trending and offbeat business idea. Recently, the Maharashtra government is planning to introduce a policy which will enable home delivery of liquors.
Existing and new e-commerce websites can consider this as one huge business opportunity which can help them attain success in a quick interval of time.
Many businesses are focusing on marketing to millennials for better revenues, but it will also be worth targeting senior citizens and grow a successful business. One such business is mobile health delivery. Mobile healthcare is emerging as the trendy business idea in current time. It assists older people who can no longer walk or drive to avail healthcare or medical facility. Many healthcare institutes are starting their own mobile healthcare.
For example, AIIMS have started mobile vans for providing healthcare facility to old age homes.
Healthy Vending machine
Vending machines are known to provide quick snacks instantly. But with people becoming more health-conscious, they are looking for a healthy alternative to chips and soda which are usually found in these vending machines.
This has spawned a whole new industry of wellness-oriented, specialized vending companies that offer franchisees the chance to own and service vending machines with better foods and beverages.