12 Profitable Businesses to Make Money in 2020
An entrepreneur who respects himself, he is always thinking of new opportunities and profitable businesses, regardless of the line of business we are working on. New business ideas move internal fibres in us, allowing us to scan whether or not what we are seeing is feasible for us.
Most of us who have seen the movie Forrest Gump have dreamed even for a moment of having had the opportunity to go back in time, and like Lieutenant Dan, to be able to invest in that “fruit company” called Apple.
Although with so many ideas, it is a bit confusing to decide which one is worth pursuing. We all want profitable businesses today and in the long term.
So I have compiled some profitable business ideas with high trends, ideas that can serve as a guide to start while the market has few competitors.
I know that adopting a new trend can sometimes be risky because of the fear of the unknown, also, with a good business strategy, it can be very rewarding.
The business niches you choose to undertake your project will be, to a great extent, the key element that will lead you to success or, on the contrary, will take you away from it. Currently, the world moves based on trends, that is why it is important that you focus your niches on them.
Remember, to carry out a successful profitable business you need to have the right tools and the best allies, in Marketing with Coffee we have everything you need to grow your new business, learn more about our services here:
PROFITABLE BUSINESS IDEAS BASED ON CURRENT TRENDS
Are you looking for that ideal business? Well, I bring you this list of profitable businesses, focused on google search trends for this year.
VOICE TRANSLATOR
Globalization has resulted in the need to have knowledge of various languages. In fact, these should not be a barrier to be able to communicate, or to access information, much less to publicize a product.
To give you an idea of how important this niche is: Google Translate gets approximately 277 million searches per month; which come from people who obviously need to translate a text or word.
If you are a business owner, or you want to market some products, why not do it in several languages? This will allow you to reach more people and attract more potential clients. don’t make language limiting. In fact, many companies have understood this and focused on covering a greater number of languages.
On the other hand, if you are a traveller, it is likely that you require a voice translation tool, so that you can express yourself correctly, in a country with a language other than yours.
In short, as you can see, among profitable businesses, the area of translation could be a very lucrative one; And besides, it is not so exploited Therefore, a good option would be to sell translation tools.
In order for you to be successful in this business niche, you need to focus on reaching an audience that needs you. For this, you can choose Facebook or Instagram to reach more people; however, you must take into consideration the type of people you are looking for. You need people who require the services of a voice translator; such as: CEOs, businessmen, people who at first glance notice that they travel for business reasons, travelers, pilots, flight attendants, digital nomads, among others.
By focusing your search on these types of people, you will achieve that your audience is really interested in your brand, in fact, make sure that more than interested, they need it.
MINIMALIST WATCHES
If you want to create a business that is more related to the world of fashion, but that is profitable this year, one of the best business niches is that of minimalist watches. In the last two years, we have seen in Google Trends a great growth in searches for minimalist watches; since it is an article that people are interested in.
Watches are undoubtedly an excellent alternative; We have even seen how online stores that have recently been created have made several sales of these accessories. So, if you want to start selling from the first day you set up your store, you should try minimalist watches.
REUSABLE BAGS
One of the current trends is undoubtedly reusable bags.
Countries like Spain have banned plastic bags from being given away when making a purchase, or Latin American countries like Chile, where they recently banned the use of plastic bags in large stores; They are making the era of reusable bags now, a situation to which many countries and businesses are joining.
It is where reusable bags come into play, making this one of the most profitable businesses. If you want to make money, this project is long-term, since these bags still have a long way to go, so I highly recommend this idea.
The idea of this niche is to focus your business on promoting awareness in society. To do this, you must show your clients what is the great impact they could have after a simple action.
Using biodegradable materials to make this product would be a great idea. You can also consider the idea of selling advertising space in a subtle and elegant way.
You can create content related to the environment and its conservation, how to preserve marine life, reduce plastic waste, among other options. All focused on an audience interested in current environmental problems, and where you will show them that your product is the solution to many of those problems.
BAMBOO TOOTHBRUSHES
Bamboo toothbrushes are gaining more and more popularity among people; since with them a greener world is promoted and the use of plastic is reduced. So if you are looking for a business idea, this will help you, since it has maintained a high search volume in recent months, proving that it is one of the trends this year.
There are several options with which you can make use of this niche, one of them is creating a store where only bamboo toothbrushes are sold; It will be very profitable for you and you would guarantee that people constantly use your brand.
Another option is to have a general bamboo store or even add this magnificent product in a store that offers various items for tooth care; the options are endless, just see which one you like the most.
These brushes can be marketed by Facebook, through ads and organic searches. These ads can be used to redirect your traffic or to get a direct sale.
PLUS SIZE CLOTHING
If when you read the word “profitable businesses” the first thing you think of is in the fashion sector, plus size clothing is what you are looking for.
We are currently in an era of inclusion and non-discrimination. For this reason, there have been many designers, retailers, among others; who have expanded their collections into plus size clothing. The idea is that the clothes adapt to any type of body, without anyone feeling left out.
That is why this niche can currently be very profitable. The focus you should give is precise to people of large sizes, who will be your main audience. Make it possible for your consumers to buy from a website without having to worry about not finding their size.
These can be marketed in different ways. With organic traffic, optimizing your website with keywords such as “plus size dresses”, “plus size clothing”, among others.
On the other hand, you can also use social networks, such as Facebook or Instagram, where you can share the products.
In both cases, create content where your audience is inspired. Articles of inspiration, growth and personal improvement, self-esteem. You can also add viral content, especially videos, about how to love yourself, and any other type of content focused on your audience.
BAGS (FASHION)
A good profitable business idea this year is men’s drawstring bags and women’s handbags. These sectors have been growing, so it is a good idea for you to start your project focused on this niche.
There is a wide variety of bags that you can sell, so the possibilities are endless. On the other hand, you can later expand your niche little by little towards luggage bags, which have also had a considerable increase in searches.
To reach an audience, it is recommended that you use Facebook or Instagram. In addition, starting work prior to the months in which the preparations for returning to school will begin is a very good idea.
It is important that you keep in mind that school bags have decreased in popularity. So it is preferable that you focus especially on young university students and who does not use a bag? Honestly, this is a good niche, you just have to know how to work it.
As a final tip, try to classify your audience by university and age on Facebook, so that you reach more people; and not only more, but those that you are interested in reaching.
WIRELESS HEADPHONES
The market for wireless headphones is growing. They currently occupy 31% of the market and it is estimated that they will grow by 7% more. The figures are increasing and until 2025 an increase of 15.8 billion dollars is expected in this industry. That is why this is one of the profitable businesses from which you can get many benefits.
You can focus this niche on a wide variety of people, especially people between 18-34 years old. The idea is that you focus your content on videos of people wearing wireless headphones while they run, while they go to work or taking them out of their backpack or purse without having to untangle them. Demonstrate the benefits of its use compared to conventional hearing aids, thus reaching an audience interested in your product.
DOGS
Who let the dogs out
Woof, woof, woof, woof, woof
Any business idea that involves a pet is synonymous with profitable business; Since currently in most homes, we have either a dog or we would like to have it. So if you are thinking of starting a business, you will love the dog business niches and they will be very profitable.
If you are interested in this niche, you should know that there are multiple ways to achieve success with it. One option is to create viral dog videos on YouTube and monetize it with the ad program of the same platform. The social network Instagram can also be of use to you since it is no secret to anyone that this is one of the most effective social networks when it comes to having an online business.
Another excellent option to be successful with this niche is with the sale of a product in your online store; as well as share some tips on dog training and information of interest about each breed.
POSTURE CORRECTOR
The keyword “posture corrector” has approximately 74,000 monthly searches; so you can see that this niche is a good idea. Currently, many people using their mobile computers and laptops have witnessed an increase in back pain and neck pain.
Focusing on the chiropractic sector is a good idea for you to start your project. You can sell products for posture correction, but you can also create articles about it since it offers a lot of content possibility.
Create e-books on correcting posture, reducing back or neck pain, among other topics; It can be a very profitable idea for you to earn passive income. And also, with books, quality content and products for it, you will open an important path in the chiropractic sector, you will gain credibility and therefore your visits and clients will increase.
And books are one of the many products you can develop based on this problem. The range is so wide that it goes from orthopaedic chairs, correction systems, therapies, exercise centres and a long list of options.
KETO DIET
One of the business ideas that cannot be lacking in current times is regarding the keto diet; Why? Since it is no secret to anyone that people always seek to stay fit and eat healthily. So, to start a business that is profitable, it needs to be related to something that people are interested in and use, and what better way than with this diet?
The keto diet is around 94,000 searches per month, which means that there are many people interested in maintaining a low carbohydrate diet and burning fat quickly and effectively; And it is that without a doubt this diet offers many benefits, that is why it is recommended by multiple nutritionists. So if you want to focus on some business niches this is your option.
There are many things that can be done to position and make a business of this type profitable. An example of this is creating a web page where you provide people with information of interest about this diet; recipes, the benefits it provides, or other interesting information, which is monetized with affiliate links.
Or if this idea is not so good for you, you can also create digital content; that is, an electronic book where you talk about the Keto diet or a recipe book; it would certainly be in high demand and of interest to people.
To get a lot of traffic, you can promote your business idea through a YouTube channel; showing the recipes and talking about the benefits of this healthy diet, so you would attract those who follow it and even more, people could join.
In the same way, you can create a blog where you leave content related to the topic, beyond placing recipes you can also put the content of interest. And if you incorporate an e-commerce product in your store, even better.
PILLOWS FOR BABIES
When there is a baby at home, they steal the attention of everything, even shopping; If before you spent buying things for yourself, now you do it for the little one. For this reason, selling baby things is an excellent business idea, especially when it comes to pillows; since these have been having a very high growth in searches in recent months.
And since you don’t have to shut down new ideas, you can start with pillows and then expand your brand in the baby niche, selling numerous products.
It must be clear that for a business to be successful, it must have a specific objective; in this case it is the parents. And with the help of social networks like Instagram or Facebook, you can easily target them.
You can also create forums, where parents ask you some questions, create blog content with information of interest, or a YouTube channel where you give advice to new parents. All of this can help you attract more traffic to your website, and therefore, get more sales.
LACTATION PRODUCTS
I have decided to leave this topic last because I wanted to give a relevant space to someone who is an expert on the subject of breastfeeding, she is my friend Susanne de Chacón from An Informed Mom , who I am very pleased to have as a guest to speak to us from her perspective on this interesting niche:
When every woman knows that she is in sweet expectation of a baby; Especially gilts, they search the Internet for information or products that are useful to them. More and more women are choosing to breastfeed their little one, and searches related to this include 368,000 per month; a very high figure.
Before it was believed that exclusive breastfeeding (exclusive as the only food during the first 6 months) could only be carried out by women who stayed at home with their children, but today we see that work and breastfeeding are compatible, that there are different products that help and encourage delayed breastfeeding.
Due to the great demand that there is currently in products related to breastfeeding, it turns out to be an excellent option as profitable businesses; And the best of all is that with this niche your audience is more than clear.
Among the products in the breastfeeding niche we can highlight: The breast pumps, either manual or electric, bags to store breast milk, bottles, syringes or glasses to administer the milk while the mother is away. Other useful products are breastfeeding pads/pads that are made of reusable cloth and also disposable.
Breastfeeding bras are what every woman looks for because of the practicality that is offered, however the offer is low and the local prices are high.
Blouses or dresses to be able to breastfeed in a practical way are also highly valued products in this period. Donuts or breastfeeding pillows can help in the beginning of breastfeeding, while it is taking rhythm, however later they can be used to tuck the baby while he sleeps or to hold him while sitting, in short, they are products that are used during that period and are of varied use.
The WHO recommends breastfeeding the child during the first 2 years of life, so they are products that mothers will use at least during this period.
PROFITABLE BUSINESS SOUNDS GOOD, BUT WHICH ONE DO I START WITH?
Without a doubt, the best way to start a new business is to focus on something that you are passionate about and in which you have some prior knowledge.
So don’t think about it anymore, once you’ve identified the business niche you want to start, let’s get to work!
