10 Best Business Investment Ideas Right Now

We are living in a day and age where attention is the new currency. Mega companies like YouTube can earn their stars top dollar in exchange for ad views and clicks. With some people boasting millions from their YouTube status, it’s no wonder why more and more people are choosing to monetize on platforms like YouTube every year. Thus, you can either create your own YouTube channel or invest in a potential one. and if you are fortunate enough to make a full-time income on YouTube or other social media channels, not only could you be in for some serious cash, but you can also expect to pay some serious taxes every year. 

Web designing is the need of the hour. It is the creation of websites and pages to reflect a company’s brand and information and ensure a user-friendly experience. Appearance and design are incorporated as vital elements whether you’re designing a website, mobile app or maintaining content on a web page. Web design is important because it impacts how the audience perceives a brand. A well-designed website can help one form a good impression on their prospective customers. It can also help one nurture their leads and get more conversions. But, more importantly, it provides good user experience and helps your website visitors access and navigate your website with ease. Hence, investing in a good web designing can turn out to be immensely fruitful.

Mobile applications are more popular than ever, with people willing to pay good money for ways to manage their lives from their smartphones. The app development have become big business in recent years; in fact, statistics show that 21 percent of millennials open an app more than 50 times per day. While there is no denying the popularity of apps, the sheer number of these custom software applications can make it difficult to see results when creating your own apps. With more than 2.2 million apps available for download in the Apple App Store, and an additional 2.8 million in the Google Play Store, it makes sense that app development is not just a booming industry but also a bankable one.

Digital marketing, also called online marketing, refers to all marketing efforts that occur on the internet. Businesses leverage digital channels such as search engines, social media, email, and other websites to connect with current and prospective customers. It helps one in reaching a larger audience than one could through traditional methods, and target the prospects who are most likely to buy one’s product or service. At this stage, digital marketing is vital for your business and brand awareness. It seems like every other brand has a website. And if they don’t, they at least have a social media presence or digital ad strategy. Digital content and marketing is so common that consumers now expect and rely on it as a way to learn about brands. Thus, making it a befitting business idea to invest in!

Ecommerce is an industry that is currently growing exponentially, especially due to more people making purchases online. Many businesses are choosing to invest in top ecommerce development agencies since there are more people buying online. Online shopping has become a normal routine in many people’s lives in this digital-centric world. According to  the statistics, ecommerce will make up 22% of global retail sales by 2023. Compare this percentage with 2019’s global ecommerce retail sales at 14.1%. And over 75% of people are shopping at least once a month online. According to BigCommerce, 67% of millennials and 56% of Generation X now prefer to shop online. Additionally, 45% of millennials admitted that they prefer to online shop so that they can run comparisons on products and prices. With so many millennials deciding to shop online, it’s an easy choice to focus on ecommerce. If you’re looking to grow your business or get hefty returns consider investing in ecommerce. More people are making purchases online than ever before. B2B and retail ecommerce are both also rapidly expanding.

Investment in lifelong education is an emerging trend. There are no more age limits for those who want to learn, since distance education has democratized teaching once and for all, putting an end to physical and geographic barriers. Many people who previously did not have time or access to schools and universities can count on flexible schedules and attend classes from their own homes, avoiding the difficulties of commuting. Hence, the online space is a perfect setting for the growing e-learning industry. Day by day more and more professionals and companies are interested in entering this market. Therefore, selling online courses is one of the best business models for digital entrepreneurs. Demand is increasing and people are investing more than ever in distance learning courses as a way to acquire new skills and grow professionally and personally. It is an international market/job in expansion. Just to give you an idea, in 2015, the e-learning market was worth $107 billion, in 2018, $190 billion, and by 2025 it is expected to exceed $300 billion. Thus, investing in this kind of business model would absolutely prove to be lucrative for you.

Since podcasts encourage multitasking, the past several years have seen an explosion in podcast availability and listenership, and you can capitalize on that by either starting your own podcast network or investing in one. You can populate the network with any podcasts you record, but if you give other people – whether friends or strangers from the internet – opportunities to contribute their own podcasts, your network will likely grow more quickly. As your network grows, you can increase the price per podcast download. Hence, more cashflow. The thing that many people love most about podcasts is the intimacy of listening to someone repeatedly through speakers. You begin to feel a deep connection with the host, and if you listen to business podcasts enough, you might even want to start one of your own. They won’t do the hard work for you, but they might give you the motivation and insight you need to succeed. Thus, making it one of the best business investment ideas available right now.

3D printing, sometimes referred to as additive manufacturing, is the sequential layering of materials to create three dimensional objects and shapes using Computer-Aided Design (CAD) technology. This phenomenon is just one of the many technological advancements witnessed by the world, and more recently, has caught the eye of investors. Although the technology has been around for a few years now, it has experienced exceptional growth as an industry these past years, due to its limitless applications in commercial manufacturing and large-scale projects. Considered to be a profitable market among investors, the industry is set to reach greater heights. According to the research, the global 3D printing products and services market is expected to grow at an annual rate of around 17% till 2023, with values expected to reach $37.2 billion by the year 2026. It has been proven to be most effective in the Healthcare industry, due to its applications regarding the manufacture of precise prosthetics for amputees, fitted perfectly to the required specifications of each individual. More recently, the FDA made extensive use of 3D printing in their Rapid Response Plan, in the wake of the Covid-19 pandemic, manufacturing medical and personal protection equipment. Hence, investing in 3D printing company would turn out to be nothing but remunerative.

While cryptocurrencies are a relatively recent invention, they’re definitely here to stay, with all their benefits. From prospects of hefty returns to 24/7 trading on ultra-secure, transparent infrastructure, the world of crypto has plenty to offer. There are more than 10,000 cryptocurrencies on the market today and each one has its own particular quirks. But all cryptocurrencies have a few things in common—like their tendency to experience sudden spikes and drops in value. Prices are driven primarily by the supply of coins from miners and the demand for them by purchasers. And these supply-demand dynamics can result in hefty returns. Cryptocurrencies aren’t tied to a single currency or economy, so their price reflects global demand rather than, say, national inflation. As an investor you can rest easy, for the most part. The number of coins is capped, so the amount available can’t spiral out of control, thus, no inflation. Some coins (like Bitcoin) have an overall cap, others (like Ethereum) have an annual cap, but either way, this approach keeps inflation at bay.

Cloud kitchens, famously known as dark kitchens or ghost kitchens, are expanding like wildfire, attracting huge investments and revolutionizing the restaurant industry like never before. With a paradigm shift towards online delivery services, the virtual restaurant model is upping its operational efficiency to fulfill the increased demand for food delivery. Coronavirus has created a massive disruption in the restaurant industry resulting in restaurants pivoting to online deliveries, and more restaurants adopting cloud kitchen models to survive in the F&B business. According to an intricated report on the Restaurant Industry & Market Evolution, 52% of foodservice operators placed their bets on setting up a Cloud Kitchen or a delivery-only outlet of their brand. Over the next few years, delivery-only restaurants are being seen as a critical part of the business continuity plans of businesses in the restaurant industry. Thus, cloud kitchens are the safest bet and investing in them would be the wisest choice.

Hope you enjoyed our list of 10 best business investment ideas trending right now. Tell us in the comments whether you found this video helpful and do not forget to give this video a big thumbs up!