Today a person can find almost any product or service with a few clicks. In addition, it is increasingly common for people to search the Internet for a product or service before going to a physical store. For entrepreneurs and small business owners with an Internet presence, this growing consumer behavior represents a great opportunity to reach more customers and grow their business.
As entrepreneurs, we are always looking for the next big opportunity. While setting up an e-commerce store for goods has been the go-to business (or side hustle) idea for the last decade, e-commerce for services is likely to dominate the next decade.
DeFi and fintech startups are putting financial tools in the hands of the average person. NFT technology takes this a step further by offering programmable data and trustless transparency.
Fashion is a great industry that continues to grow; entrepreneurs focused on this field have to compete with people from all over the world.
Businesses have an opportunity to make hefty profits with the right techniques.
Ecommerce has been growing steadily for the past few years, gradually displacing traditional retail sales and becoming the default way that most people (especially the younger generations) purchase items. That is until late 2019, when lockdowns around the world forced most people indoors and made physical retail a rarity.