Top Business Idea

Top Business Idea

1. Online marketing:

It is a method for promoting product or service using internet. It is also known as digital marketing, web marketing, internet marketing, etc. 

There are vast benefits of online marketing comparing with traditional marketing because of following reasons:

       We can reach many people at a time in any corner of world.

·         No need to visit possible customer zones physically.

·         More growth potential.

·         Have different methods to approach target market.

·         Control & optimization is possible.

e.g. electronic products, clothing products, shoes, cosmetics, etc. are advertised and promoted using online marketing.

Key lines:

Social media is useful for online marketing.

Build own websites and blogs digital marketing is possible.

Communicate with different people sending mail, email marketing can target individual.

Affiliate marketing gives commission on product purchase basis.

By making informative videos and uploading on online channel.

2. Freelancing:

Now days many of the projects are completed by taking help of freelancers. Any company or an individual offers project online with detailed description and requirements. After going through available projects, there is need to select by considering your skill or area of interest. Before going to become a freelancer enhance your skills, technical and non-technical knowledge, find out areas in which you can work comfortably. Freelancers are also called as self-employed persons because they are not recruited as an employee but for completing a task temporarily bonded.

For example if anybody may be interested in making reports of all kinds, data entry, art like sketching painting, drawing and designing, planning, coding, programming, writing articles, making logos, websites, solve technical problems for business, etc. 

You can register yourself by keenly reading legal agreement or rules and regulations to such a service providing companies or websites and then can start your work. When the task or project is completed by you within given terms and conditions, you will be paid by agreed amount.

You just search your words using search engine & go through different pages.

Advantages:

No investment is required to start business

By sitting at one place, you can do projects.

Only internet and computer is required.

Bidding any available project from any country is possible. (If suits you.)

Growth is continuous.

Take care:

Check genuinely project providers detail and company, website, etc.

Always go through the terms and conditions then accept the project.

Check your feasibility to do job.

Then give promise and commitment. 

3. Consultancy Service:

For service type of business there is very less investment so persons having technical knowledge,  knowledge in any field with a specialization can start business in consultancy. Technical consultancy like providing solution for any problem, giving inputs in new project, modification of projects, design, analysis of various things like an engineering components, report writing methods, finance related issues, etc. In these mentioned areas consultancy can be started after doing complete official procedure. 

Mainly consultancy services are classified as:
1. Human resource and planning
2. Finance
3. Engineering - Mechanical, automobile, civil, chemical, electrical as per area of specialization. 
4. Medical field
5. Art

4. Food Processing Industry - A business:

In this field more number of activities and operations are involved but as per seeing high demand in global market this can be one more option for starting a business. First region wise market study is required to know what type of processed foods are being purchased and by which age group. There are various products available in the market, selecting a product is easy but maintaining a quality and providing products to customer is necessary. 

Mainly we have an opportunity in:
1. Fruits products like jam, preserved fruits, pulp, etc.
2. Fresh fish and meat processed products.
3. Milk and milk products or dairy products.
4. Snack like potato chips, peanuts, etc.
5. Bakery products like cakes, cream-roles, etc.
6. Any traditional food as well as modern and fast food.

As all are consumable products, it is very important to follow the rules and regulation of food processing to get desired quality of products. You must test such a products in official or government laboratory and then start to deliver in market. As these products are perishable, fast movement from company to customer is mandatory. 

5. Garment/Clothing business:

As there are no perishable items in Garment and Clothing business, products can be stored for long time. This type of business is more demanded business because everywhere there is a demand of clothes and clothes can be easily sold by approaching wholesalers, dealers. Making a self brand is better option in clothing business it has more business potential. Franchise of a brand can be given to interested people and it will help to enhance your business profit. 

Online selling is also better option than traditional; it gives number of customers by visiting on these online selling sites. If manufacturing of clothes is not possible then you can take help from third party for manufacturing considering your designs. Get manufactured clothes and contact with any type of seller like online and offline seller. At the time of online selling always check commission demanded by that seller. If the more commission goes towards seller then think on building your own product selling website. 

Clothing business is based on style, fashion, season, age group. Region wise there is different type of styles and fashions which changes probably after five to six months. So change as per customers demand is necessary and business should mould accordingly. 

As mainly three seasons we define; summer, winter and rainy season. Every season shows need of different clothes like in summer season majority of people are interested in buying in cotton and soft materials cloths, in winter season mostly customers demands are woolen, thick material, with long sleeves and full length clothes, in rainy season water resistant, soft and light materials clothes are preferred. 

As per age group;
First is Kid's clothes:
Varieties of clothes are demanded in kid's clothes because colorful dresses, varying size and design  are the main factors of increase in demand of kids wears.
Second  Youngster's clothes:
With more styles and fashions, clothes are demanded this type of group. Some formal and casual dress also should be considered.
Third Old age people's clothes:
Easy to wear, oversize, traditional and soft dresses are mostly demanded by this type of people.

These are the top ideas of doing business. I hope this content is helpful for selecting a business idea.