So you are planning to start on your own and looking for Online Business Ideas with Low Investment and High profit. However, before you decide to leave the safety net of your full-time job, please be clear that you are getting into a crazy rollercoaster ride.
If you are a digital native, an online business idea could be rewarding if you pay utmost attention to its execution. With your knowledge of digital ecosystem, you already have something, which has become essential for business growth and survival.
You can’t do today’s job with yesterday’s methods and be in business tomorrow.
George W Bush
Yes, Entrepreneurship is rewarding, however just for a few. You get to only hear only the success stories. Whatever be your Online Business Idea, it is going to be a long and bumpy road.
Whenever you see a successful business, someone once made a courageous decision.
Peter F Drucker
Be willing to invest your time, spirit and savings into it. Your Business Idea is going to go for an overhaul through the way before it becomes successful.
ONLINE BUSINESS IDEAS IN INDIA
Consumers in India are increasingly purchasing goods and services online. With the recent government push after demonetisation, more and more merchants are willing to accept money online.
Online Businesses are increasingly leveraging the opportunity.
As per Hootsuite report, 137 million Indians purchased online in 2016. These numbers are going to go up as we go along. While marketplaces such as Flipkart and Amazon are leveraging this opportunity, several niche players are making the most of the opportunity.
Online Food Business Ideas in India
The Indian food industry is poised for massive growth. Indian Food market is the world’s sixth largest with 70% contribution from retail.(1)
The Indian gourmet food market is currently valued at US$ 1.3 billion and is growing at a Compound Annual Growth Rate (CAGR) of 20 percent. India’s organic food market is expected to increase by three times by 2020. Needless to say, there are considerable opportunities in food business mainly driven by Internet.(1)
SnacksExperts: Online Snacks Business Idea
Snacking has been associated with junk food for ages. Today’s typical working class of people work long hours, hardly exercise and wants to eat all the time. Snacks are part and parcel of their lives.
While snacking happens for various reasons, guilt post consumption is always there.
Group of three friends Arun, Arul & Shamla who were snack-lovers decided to do something about it, and SnackExperts took its wings.
AtCost: Online Fresh Fruits & Vegetable Business Idea
Vegetable and Fruits value chain in India is controlled by a middleman, who walk away with huge margins at the expense of farmers. It is estimated that the farmer gets only This online business idea of what the consumer pays.
Atcost is trying to solve this problem by bridging the gaps so that the farmer gets a good value for his produce and consumers get quality goods at competitive prices. This online business idea has also been helping hotels, restaurents, supermarkets and kirana stores source fresh fruits & vegetables, staples and FMCG goods directly from farmers and brands.
TeaBox: Online Business Ideas in Beverages
Teabox is an online tea shop that delivers fresh Indian teas from estates in Darjeeling, Assam, Nilgiris and Nepal to tea lovers everywhere.
Nomba: Online Refreshment Business Idea
Kids love candies, leaving their parents worried about their tooth health. This is where Nomba comes in. Nomba is a one-of-a-kind candy brand. It offers 100% vegetarian, animal gelatine free, artificial colour free and allergens free candies.
VitSupp: Online Pre-evaluated Food & Supplement Store
Have you heard the old saying “You are what You eat.”If you stick to a nutritious diet full of proteins, vitamins, and minerals, your body reflects it; you will feel healthy, energised and just all-around great.
However, people who primarily eat junk food suffer the consequences of not giving their bodies what they need to thrive. The result may be fatigue, lack of energy, depression, memory problems, obesity and poor health. Such people are susceptible to various lifestyle diseases like Irritable Bowel Syndrome, Diabetes, Blood pressure, Thyroid problem, arthritis, etc.
This is where VitSupp comes into the picture. It offers pre-selected, best in class range of supplements, vitamins, minerals and proteins. So that when you buy from them, you only buy the best products available in the market.
I hope some of the above mentioned ideas inspired you to get an online business idea of your own.
At the end I want to assure you that you will experience the fun and excitement of being your own boss. At the same time you might also feel scared, alone and confused.
To become successful online, you only need to remember the following : Good Heart + Passion + Web Design + SEO + Digital Marketing + Dedication + Positiveness + Patience = Success
Dr. Christopher Dayagdag
References & Sources
- Indian Food Processing, IBEF
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