3 online business concepts that will take off by 2025

2021 has presented a business-friendly environment despite the ongoing pandemic. The rise of digital marketing, social media advertising and AI software business tools has allowed business owners to bypass the limits imposed by their own markets and focus on a globally accessible customer base. Our current situation has pushed us towards online shopping, driving e-commerce worldwide. As a result, the number of business opportunities for aspiring entrepreneurs has increased, albeit at a high level of competition.

While we know the multinational behemoths for the attention they get on the news, we have realized that ubiquitous growth affects all business models, no matter how small. While starting an online business may not be a walk in the park, knowing the pros and cons of potential concepts can prompt you to dive in. Of course, like any business, you need the basics like marketing plan, budget etc; but time will be your greatest asset. So, with the suggestions below, take note that you would need to put in significant hours to achieve success.

Business in Chatbot Software

If you have come across chatbots out of nowhere on Facebook or while shopping on Amazon, because both organizations have ensured that we deal with these automated customer service agents on a daily basis.

We found that major retailers are using chatbots to communicate more with their customers, with the advantage of being available 24/7. Fed with frequently asked questions, a chatbot replaces a customer service representative and quickly hands out all the answers. Lidl is one such retailer that has embraced chatbot technology. Their Facebook Messenger bot, Margot, helps you navigate different types of wine and even pulls you into an interactive quiz just to increase brand engagement. Margot answers questions about Lidl . special offers and everything else you need to know about the products they offer.

Chatbot software isn’t just for customer support, of course; the presence of e-commerce is growing and business owners are increasingly striving to rely entirely on chatbots to automate some of their key digital marketing campaigns. Therein lies the opportunity to start a chatbot software company.

Business in Search Engine Optimization (SEO)

SEO and digital marketing companies have become a lucrative and highly attractive industry to enter. This is a result of the increasing demand for the ability to continuously and measurably score well within the Google algorithm. Every webmaster who owns or owns a website wants to be found by people on all search engines. Customers have been proven to prefer the first Google search result that pops up on their screen, and as a result, SEO is becoming extremely popular among businesses.

It is a profitable business that requires relatively little capital. Taking advantage of the rapidly growing digital marketing industry, SEO will drive organic traffic to your website and to your clients’ sites. You are also well suited to consider starting a blog or an ecommerce business to complement your SEO efforts. Make sure you are aware of new search engine updates and change your SEO tactics regularly to keep abreast of competitors in this niche.

Business in Box Subscriptions

Food, cosmetics, and even pet product subscription services are popping up everywhere, ready to ship goods straight to your door every month. The idea that these subscription boxes are carefully chosen, especially for the customer based on their preferences and interests, and that the contents of the boxes are a surprise every month is one of the bonuses that keeps customers coming back for more.

According to Royal Mail, it is estimated that by 2025 the box subscription market will be worth £1.8 billion. 30% of online shoppers are subscribed to at least one box service, while up to 56% are signed up to up to 4 or more programs. You can have a wealthy business on your hands if you can find a unique product category that has not yet been discovered by the box subscription market, or if you can find ways to put a new spin on an established service. Keep it as cheap as possible; by offering cheaper items, you can stand out from the crowd.

Last words

While there are so many other online businesses you can get started with, these 3 are definitely worth a try for their easy access and lucrative properties. Your personal potential, time and available capital may ultimately dictate your choice, but we hope we’ve inspired you enough to try one of these companies. Good luck!