The post-Covid world depends mainly on the power of the internet, and for the same reason, most businesses are rapidly moving online. Since 2020, the COVID-19 pandemic forced many small and large-scale businesses to move online. This massive online migration of small and large-scale businesses unfolds new possibilities for tech startups to build unique models for these businesses. The capabilities of technology are endless, and it will continue to be a hub where all kinds of startups sprout out. Below are ten tech business ideas to consider when starting a tech business.
E-commerce: This tech business idea has been around and has the potential to thrive. If you have a unique idea for an e-commerce store, you can launch your own e-commerce business from the comfort of your home by building a website or a mobile application. With drop shipping, you can start an e-commerce business with products you are not responsible for producing, warehousing or shipping. you can also take the time to develop your e-commerce platform or marketplace. Although in Nigeria, Jumia, Jiji, Olist, and Konga have already dominated the space, if you want to start your e-commerce platform, you can focus on a niche market just like Campus hub did. Campus hub started as Unizik buy and sell as a Facebook page. It is a page where Unizik students buy fairly used gadgets, home appliances, services, etc. It now has an app called Campus hub. I have personally used it to purchase mobile phones twice.
Publish an E-book: An e-book is a book made available in digital form. If you are a writer, there is a growing market for books published online. You can help businesses publish e-books to market their brand. If you write fiction and non-fiction, you can also publish e-books on Wattpad, as a way to reach more customers and grow their readership.
Drone videography: Occasions and events are part of Nigerians, especially during weekends and holidays. If you own a drone and know how to use a camera, there’s a market for your services. You can also work for Commercial and residential real estate agents who use aerial shots to market their buildings and property. You can find real estate agents or event planners. Then reach out and offer up your services. Other industries, such as agriculture, events, and more have uses for drones, as well.
Social media consultant: Even if you don’t know much about search engine optimization, but you are good at social media, you can work with businesses to help them generate likes, shares, retweets, followers, comments, clicks, and more as a social media marketer. In this role, you will consult with companies and help them manage their social profiles, spread content across the web, and build their brand. The startup cost to be a social media marketer is minimal and can be done from your own home. Just be sure to sharpen your social media skills and keep up with the latest trends and platforms.
Web Design: Every business needs a professional-looking website to appear reputable and build its brand. Web design comprises a range of different services, including graphic design, interface design, copywriting, UX design, and SEO. A business that wishes to create an impact on its customers needs a website that is unique and creative. If you have skills in designing and coding, web designing will prove to be fruitful for you. An average customer constantly searches online as the first research mode before buying a product or service. If a company has a website with all the details in a professional fashion, it will help to increase the credibility of the company and acquire a reasonable conversion rate. So the demand for a great web designing company is always present in the market.
Telemedicine: There has been a tremendous involvement of technology in medical services. Many tech companies are now simplifying their services for the healthcare industry. Hospitals are improving their online healthcare system with the aid of virtual medical services. These services open an abundance of tech startups opportunities to compete against more prominent players within the same industry. The demand for such services is increasing day by day as more and more startups discover their benefits. It is not pleasant to wait in a doctor’s office and spend a long time. By having contact with other sick people, there’s a high chance that people might leave with diseases worse than what they came with. Telemedicine helps avoid such risks, and that is why it is booming now. There are great telemedicine startups like medsaf, remedial health, reliance care, etc. Health care is one area that will continue to be relevant; so building a health startup is not a misplaced development
Ed-tech startup: Education industry gained the most attention during the coronavirus pandemic. When students, teachers, and their families felt burned out from pandemic learning, companies that market online learning tools to schools were enjoying a coronavirus break. Investors invested highly in EdTech startups. Schools, institutions, and other academic centres moved their business online to continue the learning process. Even in the post-pandemic world, many organizations have already taken initiatives in designing a suitable online curriculum. The increasing demands for online coaching businesses are also showing how vast the opportunities for tech startups are within the education industry.
Fintech: Financial technology is aimed to remove the traditional financial services to an online service. PayPal, flutterwave, paystack, Paga are fintech companies that primarily deal with the transfer of funds and receiving payments. Fintech deals with digital lending credit, cryptocurrency transfers, trading, insurance, and so much more. Anything that deals with finances online is a part of Fintech. Digital wallets are now widely used and accepted. This eliminates the hassle of carrying money and keeping it safe and easy to give the exact change when needed. The boom in the crypt world has increased the market for this service. As this deals with finances, you have to be careful with the security of the funds deposited by the people. Though it is a high-risk and expertise-required field, it has a future if you are up to the task.
App development: Any business that wants to create an impact on its customers needs a website that is unique and creative. If you have skills in designing and coding, web designing will prove to be fruitful for you. An average customer constantly searches online as the first research mode before buying a product or service. If a company has a website with all the details in a professional fashion, it will help to increase the credibility of the company and acquire a reasonable conversion rate. The good thing is that you can develop an app for your business or others to earn money.
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