Currently we are living in the most uncertain time, Corona pandemic has changed the way we live, the way we invest and most importantly the way we do business.
One of the most important things we should understand is one principle of economics, The principle of supply and demand. Supply is basically what a business is willing to offer at a certain time and at a certain price, while demand is what people are willing to buy at a certain time and at a certain price.
Here are the three businesses that are doing well since this pandemic started;
1. Logistics and parcel delivery
This business has developed and is booming for the fact that more and more people are buying things online. Before the pandemic not many people trusted online shopping. Since most of the business went online many people have adopted online shopping and are not turning back thus the need for parcel delivery.
2. Health and related hygiene services
Before the pandemic it was normal to shake hands with strangers, hold hands or hug friends and family members. Due to covid-19 outbreak there has been a great need of hygiene material such as masks and sanitizers, and also hygiene services as most people try to keep the virus away from them.
3. Social media marketing agency
Social media marketing agency is nothing more than an advertising company that focuses on generating sales for business with various techniques on the leading platforms. Since most business are adopting online ways, there is a great demand of social media marketing. This business does not require a lot of capital to start and establish.
Content created and supplied by: Star-biz (via Opera News )
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