Are you looking for a successful platform to start your online business? Do you want to target the wide user base with a minimal investment for your business?

With over 2.7 billion Smartphone users worldwide, it’s no surprise that the mobile app industry is growing at a rapid pace. An innovative mobile app idea that gives the solution to daily routine needs has maximum chances to get successful.  

If you’re confused about starting your new business, then this article is for you. In this post, you will get some profitable and easy to manage startup ideas.

Let’s take a look at Top 5 Startup Ideas that Can Transform the World! 

1.Online Taxi Booking Like Uber

Developing an Online Taxi booking software like Uber is a smart idea. Taxi booking business could be a fun, profitable and interesting business for entrepreneurs planning for their startup idea. With a comfortable taxis and good marketing strategy, you can serve a large number of customers looking for affordable and efficient online taxi booking services on a daily basis for traveling from one location to another location.

As per Statista, Uber has a market value of 72 Billion U.S Dollars as of May 2018. Online Taxi Hiring Business is gaining huge popularity from the last few years and it will grow more in the upcoming years.  

Due to its increase in demand for Taxi Hiring Businesses, the first and foremost priority of all startup entrepreneurs these days is to develop a mobile app like an Uber.

2. Food Delivery Apps Like a Zomato or Foodpanda

Online food delivery app development for your business is a great idea for food lovers around the globe. Getting the food from your favorite restaurants during busy working hours can be a hassle for many professionals. The online food ordering delivery mobile apps, bridge the gap between the professionals and delicious meals from their favorite restaurants.

If you’re looking to start your own Online Food Delivering Startup like Zomato, all you need to start research about your targeted market, targeted audiences and competitors.

Some of the popular Stats about Online Food Delivery Businesses:

1. The online food delivery market in the U.S is expected to grow by 79% in the upcoming years. Online Food Delivery is becoming a favorite service not among the young generation but also among the users in the age group of 35-44.
2. Online Food Ordering and Delivering business is expected to grow by $76 billion by 2022.
3. According to the study, 78% of users opt for online food delivery business because it’s convenient and 73% order food online because there are a wide variety of restaurants on a single platform.
4. Most of the people say that Lunch is the most preferred meal to be order and favorite payment procedure is Card Payment.

3. Set Up an Ecommerce Store

One of the easiest ways to generate income is by setting up your eCommerce store. In Ecommerce Store, you can list any kind of products, from clothing, footwear to Furniture, Home Decorative Accessories, and others.

Nowadays, eCommerce stores are facing huge competition in all popular niches. Before you set up your eCommerce store, it’s crucial to understand the market and targeted audiences. Apart from all this competition, if you manage your eCommerce and its marketing properly, chances are very high of getting successful in a short period.

To simplify your problem, here we’re sharing top reasons why Investing in an Ecommerce Store is a good idea:

• Huge Growth in Online Sales:

There is huge growth in online sales and the market will continue to grow in the upcoming years.

Some of the popular Stats about Ecommerce:

1. According to Resource, consumers will make 95% of purchases online by 2040.
2. Overall, 87% of users today use eCommerce reviews to decide whether to buy or not and 77% of those shoppers buy online.
3. According to Statista, 72% of eCommerce will take place on mobile devices by 2021.
4. U.S shoppers spend $5 billion on online sales during Black Friday Sale 2017.

•  Make Money Online While You Sleep:

This is the major reason why most of the businesses are attracted to eCommerce stores. Unlike a physical store, the online store never closes and it remains active for all users. If you’re doing marketing in the right direction, then you’ll get a lot of customers through search engines and social media platforms.

• Low Investment, Low Maintenance, and Higher Returns:

Starting and managing your eCommerce store is much economical as compared to your physical store. Nowadays, having a physical store is a big investment; you need to give a big rent as well as customer reach is also limited to the location. On the other hand, the eCommerce store is much affordable and offers you a platform to sell your products globally.

4. Setting up Online Grocery Business

In the past few years, on-demand business is growing at a rapid pace, but the idea that catching the eyes of many entrepreneurs is Online Grocery Stores. Many online grocery stores have gained massive success around the globe in the last couple of years. So, if you’re also looking to start your own Online Grocery Business then this is the right time.

Some of the Online Grocery Business Stats and Trends:

1. The Online Grocery Shopping in the US is estimated to grow $59.5 billion by 2023 from $23.9 in 2018.
2. 48% of US grocery shoppers currently purchase at least something from online grocery stores.
3. 70% of U.S Shoppers could be buying online groceries by 2022.
4. 22% of online users said they shop online from grocery stores at least once a week.

Also Read:   5 Ways to Automate Your Business Phone Systems

5. Start a Fantasy Sports Business

According to recent market research, it is believed that the global esports market revenue will reach $2,174.8 million by the year 2023. With the growing demand for Fantasy Sports Software Development, it’s a great idea to invest in a Fantasy Sports Website Development. Fantasy Sports is the future of the online gaming industry and it has already established its roots worldwide.

Surprising Stats about the Fantasy Sports:

1. According to the source, 59.3 million fantasy sports players in the U.S in 2018.
2. According to the source, the daily revenue generated by Fantasy Sports is 2.91 billion U.S. dollars in 2018.
3. 48% of the people said Fantasy Sports makes sports more interesting.

 Wrapping it up

If you’re passionate about starting your own business, don’t just wait! Get Out there and get started!! If you have any doubt or suggestions, feel free to share with us in the comments.