Digitalization is the biggest undeniable truth of our generation. Digital or internet based startups have far better chances to succeed than your average brick-mortar startup because of several reasons.
Your customers need not to be confined to any particular place. Citizen across the globe are your potential clients when it comes to online based startups.
You can start from your home and initially, the only major investment is a laptop with a working internet connection in most cases. You don’t need decades of experience and all the big players of all the sectors are inclined towards digital-centric business.
If you have the startup fervor and copious amounts of digital savviness then digital or online based startups can your best shot to fulfill your startup dream in 2018.
Keeping all the above pointers, we have curated a list of 10 best internet based startup ideas for 2018:
1)Social Media Consultant
Niche social media consultancy is perhaps the fastest rising industry in the digital startup world. All the big companies are looking for advice.
Social media has emerged as the most powerful weapon to reach the target audience and increase the customer base. The success rate of social media campaigns actually decides winners and losers in today’s world.
If you have expertise in applications like Facebook, Instagram, Vine, Snapchat then social media consultancy can prove to be a promising startup for you.
2) Virtual Reality
If you are a real tech savvy and any development in computer science gives you adrenaline rush then virtual reality computing can be a perfect startup idea for you.
Yes, it does require an initial investment but the scope of growth in this industry is endless. It actually has the potential to revolutionize the digital industry and it is still a territory which has not been explored extensively by the startup world.
If you start thinking about it then it can altogether change the dynamics of our day to day mundane tasks and how we see look at the world. 3D movies, gaming, real estate, team building exercises are some of the common examples where VR can be put to good use.
Also read, 10 Tips To Write A Business Plan For Your Startup
3) Online Tutoring/ Education Services
According to some reports, tutoring is a US $6 billion industry worldwide. There are already few startups which make educational content for children but it is still one industry which is yet to be tapped by young entrepreneurs aggressively.
There is a lot of scope for radicalization also in this sector. In other words, India’s literacy rate is 74.04% which is not spectacular. A startup based on online tutoring can earn profits as well as empower underprivileged children by furnishing them with the most powerful tool i.e. education.
4) Post Production Video Services
Post-production video services simply include editing of raw footage to cut scenes, insert transition effects, working with voice and sound actors, and dubbing, to name a few of the many pre-production tasks. Post-production is the third and final step in film creation. It follows the pre-production and production phases.
From small companies to big players, everyone needs special videos for advertisements, websites, and their campaigns. There are literally trillions of cross performance video views on the internet and the figures are only going to increase.
One can also upload tutorials for teaching the skill of post-production video and earn decent bucks out of it.
5) Local SEO For Businesses
Almost all the small businesses today acknowledge the need for SEO and how much they need it.
Local SEO uses a variety of strategies — getting your site ranked on search engines like Google, business directories such as Yelp, Superpages, Foursquare, Yellowbook, Google My Business listing, Bing Places for Business page, localized content on your website, online reviews and other strategies.
6) Counseling and Therapy
Mental health crisis is in the spotlight throughout the world. It is again one of those startups where you can earn profits which actually making a difference in society.
There are innumerable creative and meaningful ways to go about it. Several podcasts can be uploaded to create awareness about mental health. Many people still don’t want to go to a counselor and speak out their problems loudly. Your startup can actually solve this problem and serve as a link between the counselors and patients.
7) Dating Applications
Yes, there are already Tinder and Grindr. But according to experts, this is one industry where profits can be abnormally high. If you have a creative bent of mind along with some funds then you must consider this startup idea.
If you are ambiguous about your idea and its reception, you can start by launching online dating programs based on your ideas before launching the whole application.
Also read, Why It’s The Right Time For Indian Startups To Tap The International Market
8) Software Tutoring
We know that we have already mentioned online tutoring as one of the startup ideas but trust us, software tutoring or software schools deserve a special mention.
Final Cut, QuickBooks, Photoshop, the demand for these applications is only going to grow so is the demand to lean these applications. A profitable startup can be built up around it very easily.
Once you get a hang of things, one can always diversify and expand the horizons. We are talking about everything from e-books, live sessions to consulting.
9) Fitness centers
According to WHO, more than 1.9 billion people worldwide were overweight and also 18+ in the age in 2016. The demand for fitness centers, diet plans, consultancy is only going to increase in the coming time.
One doesn’t really need to be super creative in this field. Obviously, if you have some really creative ideas in your mind then it can really give you an upper hand over other such online apps and services.
10) Remote Technical Assistance
Technical support (often shortened to tech support) refers to a range of user-friendly assistance that companies offer to their customers on technical issues with products like software, mobile devices, or other types of equipment.
Most small companies or startups don’t have enough funds to hire a full-time tech support. But they cannot do without one. Even the big firms hesitate to hire one on a permanent basis.
Remote Technical Assistance thus provides such services online through different softwares. One can work across and has to seldom visit the offices of the local clients.
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