Today many young entrepreneurs are looking for profitable small business ideas. They want to become their own boss by starting their own business. They are looking for low-cost high-profit business ideas. If you are reading this, I guess you have made the decision to start your first or next business in this year.
Yes its still not too late to start your business, in order to help you by giving the most profitable ideas I’m writing this article. I think this one could help you. The goal to write this post is giving some ideas to startup with profitable business in the next year, as this year is almost ending.
In this post I have presented a list of five businesses that I believe those are the most profitable business for the current year. New business ideas are always risky if you do not set your mind properly. Lets not talk much without giving those ideas, here we jump into the profitable ideas.
An Author note: I’m requesting you to read the last 4 line of this article. Could you please consider me to read the last few lines?
A trend that has been going on for some years now, but has only now gaining strength last year (probably due to the incentives that the big brands will have been offering consumers to buy their products through Internet), and is expected to do even more in this 2016 and 2017, is the increase in online shopping in US and Europe and Asian market.
So the first business that we believe will be profitable in this 2016 and 2017 is an online store, which basically consists of a website where products are displayed and offered the possibility to consumers that purchase through payment via credit card or other payment, then receive them in the comfort of their homes.
Being more specific, some products that I believe could have a good reception from an online store are:
- Inexpensive clothes: an online clothing store low price is a type of online store based on a business model that already several brands are exploiting successfully in the English-speaking market and that has not yet been fully exploited in the Spanish-speaking market, and we believe that it could be successful if, in addition to low prices, fashion, quality and variety offered at this.
- Shirts: an online T (also known as t-shirts, shirts, t-shirts, sweatshirts and polos) is a type of online store that has allowed him to earn a lot of money to several people in the US-European market. It has been fully exploited in the internet market, and we believe it could succeed if models are unique, original and novel.
In addition to the alternatives mentioned, I believe that other products could also have a good reception from an online store are organic products, technology products and pet products.
For example: You can see amazon shop, ebay, etsy and more. (those are the biggest online shop, don’t be hopeless, there are many small store who earns a million $$ per months.
Sales of organic products
Another trend that has been going on for some years now and certainly will continue in 2017 and on-wards, it is the concern for the care of the environment and thus the consumption of organic products (products that do not threaten the environment, for example, to be made of natural inputs).
So the next business that I believe that will have a good performance is one dedicated to selling organic products, which could also be mounted on the Internet through an online store and so, while taking advantage of the trend in Internet shopping, all the advantages that this entails such as its low cost and the possibility offered to work from home.
Being more specific, some organic products that we believe could have a good acceptance in a business dedicated to selling them are:
- Organic food: the sale of organic foods (foods such as vegetables, fruits, meats and dairy products that are produced without the use of chemicals or additives) not only would take this tendency exists for the care of the environment, but also the trend It exists in people to consume healthy and nutritious food.
- Electric cars: the sale of electric cars would take advantage of the trend that exists for the care of the environment, but also the demand that exists right now for this type of car, which has become so attractive that more and more the car manufacturers (and even, in some cases, belonging to a different category) who decide to manufacture and sell their own electric cars.
In addition to the alternatives mentioned, other organic products that we believe could also have a good acceptance are electric motorcycles, solar panels and ecological clothing.
Selling technology products
A fairly strong in recent years and is becoming stronger (probably due to the large number of innovative technological products that are coming to market with increasing frequency) trend is the use of technology products.
So another business is one dedicated to selling technology products, which could also be mounted on the Internet through an online or physical store through a small venue, and wherein further sale of technology products, could also provide related services such as rental and repair of these.
Being more specific, some technological products that we believe could succeed in a business dedicated to selling are:
- Drones: the sale of drones (unmanned aerial vehicles and remotely controlled) would take advantage of fashion that exists right now for the use of these products, which recently were reserved for military use, but today anyone can use, and we can be found in a variety of models, sizes and prices.
- Wereables: selling wereables (electronic devices that a person carries on any part of your body in order to get the benefit of some of its functions, and among them watches, bracelets and smart lenses) would take advantage the consolidation of these products to several specialists predict for this year as a result of a reduction in prices, a slimmer design and improved functions.
In addition to the alternatives mentioned, other technological products that we believe could also succeed are smartphones, tablets, computers (which have begun to recover lost ground) and, probably by the end of the year, the glasses or helmets reality virtual.
Pet products and services
Another trend that is occurring right now and that is expected in this 2017 copper stronger (probably due to the large number of products and services for novelty pets that are appearing on the market with increasing frequency) is the desire in people pamper their pets and provide them all kinds of products and services.
So the next business that is one dedicated to the sale of products or services for pets, which could also be mounted on the Internet through an online store or physically at home if it is that it meets the right conditions such as good location and adequate space.
Being more specific, some pet products and services that we believe could have a good reception in a business that sells or deliver them are:
- Pet accessories: selling pet accessories such as homes, beds, leashes, collars, clothes, toys, food dispensers and pagers is a business that would take advantage of the trend in people for buying their pets all of products.
- Spa Pet: A pet spa where services such as bathing, cleaning ears, haircut, nail trimming and massage is provided is another business that would take advantage of the trend in the people procure their pets every care to enable them aesthetically look good and feel relaxed.
In addition to the alternatives mentioned, other pet products and services that we believe could also have a good reception are pet food, pet clothes, the dog walking services, and dog training services.
Also read: 5 Reasons Many Businesses Fail in the First Year
Developing applications for smartphones
Finally, two trends that do not stop growing and is expected in this 2017 do even more are using smartphones (probably because of the attractiveness that are taking smartphones mid-range, which is equated increasingly performance high-end), and downloading applications for these devices (probably due to the large number of novel applications that are coming to market with increasing frequency).
So another profitable business is one dedicated to developing applications for smartphones, which could involve developing own applications that revenue through advertising get placed in these or collection by your downloads, or application development to third parties, for example, for companies seeking to have their own applications.
Being more specific, some types of applications that we believe could succeed in a business they dedicated to their development are:
- health-related applications: application development related to health, for example, that allow the user to monitor or make a diagnosis of their health status, measured their physical performance or through personalized advice, improve it, by profiting the growing concern in people to stay healthy and in good physical condition.
- related to natural disasters applications: development related to natural disasters, for example, that allow the user alert, ask for help or communicate with others when they happen applications, would take advantage of growing concern in people by their security due to constant natural disasters that have been happening in recent years.
In addition to the alternatives mentioned, other types of applications for smartphones that we believe could also succeed are related applications smartphone camera (for example, that allow the user to improve their performance), and applications related to productivity ( for example, that allow the user to better organize their tasks).
Now its your turn to have some comments below and share this post to social media to help reach those ideas to other people.