It’s no secret that the on demand economy is here to stay but the question is how can you make money from it. Before we get started lets go over the statistics as seen on comparecamp.com
According to comparcamp.com Today, about 49% of adult consumers avoid leaving their homes. Also, 50% of them work entirely or partially from home. Social distancing is being observed by around 57% of consumers.
Digital solutions are being used to purchase important supplies. In fact, markets registered a 27% increase in sales from non-perishable groceries and 25% for frozen foods and also in household and cleaning supplies. Furthermore, a 12% increase registered in the sale of perishable groceries as well.
Online purchases with home delivery increased and so did online purchases for store pick-ups. In fact, a 20% increase in spending was recorded for frozen food delivery while a 7% increase in online spending for pick-ups.
There was a 17% increase in online spending for perishable grocery delivery, as well as a 9% increase in online spending on pick-ups. Consumer behavior has changed dramatically.
Today, people spend significantly more time playing games, following the news, and on their hobbies. And, generally, more time has been spent on online shopping and social media.
This change in priorities may result in long-lasting effects as 50% of consumers are trying out new products, 48% are acquiring health and fitness habits, and 28% are picking up new hobbies.
So with all that being said there is room for new players in the game of the on demand economy shift and let’s go over the list of business opportunities that exist in this new world economy.
The List Of Opportunities In The On-Demand Economy Shift
- Transportation and travel
Think Uber and Lyft. They have the lion share of the on demand economy and it doesn’t seem like it will let up any time soon. There are a 2 ways to get involved in on this. You could be a driver yourself or recruit drivers for this company and make a commission on the folks that sign up.
2. Food Delivery
This is the 2nd sector of the on demand economy that has main stake in its popularity. So how do you make money in this sector. Well you can become a driver yourself, Recruit drivers for food delivery service and gain commission or actually recruit companies to use a new delivery service called Trip delivers which is a new delivery service that is poised to become a big player in this industry and can help you make some real income by just sharing it. There is a link in the description.
3. On-demand fuel delivery
This is a not so new sector of the on demand fuel delivery business. This is where a company comes to your location and gases up your car or cars. This extremely conveinent for companies that have a fleet of cars.
There are a few start ups that are making waves in this sector. You can easily start a this business in your local area.
4. On-demand cooking gas delivery
I never even knew this was a thing or let alone a business opportunity
But It is and with on demand economy being the way it is this is here to stay.
5. Healthcare (Medical Supplies)
This is one of those industries that should’ve been in the on demand service sector a long time ago. Now its here and here to stay. If you want more information on how to make it in this sector of the on demand economy watch the video in the description below.
6. Professional services
This is the most broadest part and easiest part for almost anyone that has a skill can get involved with the on demand service industry.
- Mechanic
- Carpentry
- Electrician
- Pest Control
- Household work
- Baby Sitting
- Plumbing
- Computer repair
You name it, in this sector there is an extremely broad amount of opportunity for consumers and businesses to grow out of it.
7. Ecommerce
Of course when you think about the on demand economy of buying goods and getting them delivered quickly you think about Amazon and Amazon prime.
But their are other companies causing competition for Amazon. Think Walmart and even The Home Depot has entered the game of on demand e-commerce.
With all the big players in this sector is their room for the small business owner? Yes there is and its easier then you think. I’m going to create a video explaining in detail o how you can get involved in the on demand economy of e-commerce.
8. Logistics
This is by far the easiest way to get involved with the on demand economy because almost everyone of these sectors needs logistics aka delivery service.
So if you can get your hands on a truck and not scared to lift some things on a regular basis this might be a good place for you start your business.
With all that being said the on demand economy shift has created a lot of opportunity for us as entrepreneurs and even as consumers for change.
I hope you enjoyed the video and got some great in sight on in this on demand economy shift and if you want to get my free guide to passive income sent directly to your inbox check out the Wealthbuildersystem.com link in description. Until next time Wealthbuilderz
Its the man. The myth
The Wealthbuilder himself
Signing off for The On Demand Economy Shift and How To Get Paid From It
Do remember Wealthbuilderz
Make more
Save more
Build more.