ten industries that are booming due to
corona virus now this no doubt Kona
virus is affecting many many many
physicists around the world and most
businesses are suffering but there are a
number of industries that are booming
due to the corona virus now why do you
want to be aware of these industries
perhaps this video would give you some
perspectives and some insights on how
you need to modify your business model
how you want to pivot or maybe you want
to start a business after this is over
or you want to start a business during
the crisis because you see an
opportunity you could do that as well
so here are the 10 industries that are
still booming due to the corner virus
industry number one e-learning so many
people are stuck at home and a lot of
people now they're starting to think
about okay the jobs that I used to have
they are no longer there what do I need
to do what new skills want new knowledge
do I need to acquire in order to equip
myself in order to find a job because
most of those jobs may not be available
anymore business owners entrepreneurs we
are also thinking about ok what new
insights do I need what help do I need
to modify or pivot my business model I
need to do something so people are
seeking learning opportunities
especially learning opportunities from
home that they don't have to go
somewhere they don't have to go to an
event necessarily that they could learn
just from their computers so e-learning
is huge and a lot of students are
learning from home a lot of them are
learning just virtually this would
create a new behavior after this a lot
of students a lot of people will
question do I actually need to go to
school will going to school getting that
degree will that even prepare me for the
future and now the world has changed so
dramatically in a short period of time
industry number two medical products
anything that is related to
during or preventing the corner virus
we're talking about hand sanitizer masks
right anything at all that could help
people to do that now of course there's
still a huge shortage of this in the
world but thinking about this in the
future when this is over when there's a
vaccine when there's a cure
and everything's back to normal this
will not be the last time we see a virus
like this I hope it is but we also have
to be a realist so understanding that
this might come back and there might be
other virus in the future so being in
the medical supplies business not only
it is a great business to be in not just
to make a profit but it's a business
they could save a lot of people's lives
industry number three delivery services
us now we are stuck at home in that
government advise us to stay at home
that we are ordering takeout we're
ordering delivery
we're buying more things online delivery
services are huge even logistic
companies in the right sector could be
booming as well industry number four in
home entertainment industry of course
we're talking about Netflix of course
we're talking about Disney's streaming
of course we're talking about YouTube
now although on YouTube you can see a
lot of creators content creators their
essence revenue is down simply because
they are fewer advertisers advertising
on the platform however more people are
tuning in more people are watching their
content they are now building a base so
it depends on the audience that you are
serving but in home entertainment is
booming as well now it is a good time
especially if you are an entertainer you
are a creator now entertain people needs
entertainment do you need to escape keep
creating content build that customer
base
don't slow down grab a phone grab a
camera now it's a time to connect and
serve your audience now is a time to
really expand that reach the industry
number five online gaming people are
bored out of them
they want some kind of entertainment
again they want some kind of escape it
could be online gaming they like casinos
people now can I go to the physical
casinos but they still like to gamble or
online gaming in terms of their just
playing games online that is huge as
well and it would get bigger and bigger
especially later on when VR is more
popular this industry will be booming
for many many years industry number six
online dating industry as now people are
more isolated people are more lonely
than ever we crave the human connection
right more people will be single now if
more people working from home there are
fewer opportunities to even go to coffee
shop and meet somebody online dating
will be huge is already huge so it
doesn't even have to be a dating website
but anything that serves that particular
industry will be booming as well
industry number seven software
especially software that helps people to
connect or work remotely Skype you have
slack you have zoom anything that helps
other people to connect and communicate
better that kind of software will always
be blooming any software there helps
people to start online business those
business would also be booming as well
so don't overlook think about how you
can serve that particular market because
people's buying behaviors are changing
they are developing new habits things
won't be the same after the coronavirus
is over the industry number eight
supplement industry the supplement
industry is always big but now with the
coronavirus people are more health
conscious people are living more fearful
they want to make sure that they have a
strong immune system they want to take
care of the body you want to take care
of their own health so people are taking
more vitamins people are taking more
supplements right to make sure that they
are strong that they could protect
themselves and now not just they're
buying supplements for themselves but
also buying supplements for their family
so the supplement industry is also boom
as well industry number nine
supermarkets now this is very very
obvious as people are stalking right
over buying a lot of food groceries
supermarket is absolutely booming
they're getting more sales in fact they
are running out of stocks people are
buying more than what is needed because
out of fear
so supermarket also booming industry
industry number ten now this may not be
a very glamorous industry but that is
the cleaning industry offices hospitals
homes now people are again little bit
more fear driven they want to have a
cleaner place they want a sanitized
place so they make sure that they want
to hire a higher quality group of
professionals to help them clean their
places so cleaning industry is also
booming so these are the industries that
are booming
due to the coronavirus what we have to
understand is this either you want to be
in these industries or you want to think
about how to serve these industries or
you want to think about how you could
change your business model because one
thing that we do know is that things are
never going to be the same people would
buy differently people will shop
differently people will spend their
money differently their parties will
change as an entrepreneur it is your job
to see what are some of the problems in
the marketplace that you could solve
only you could solve don't get too hung
up on your existing business model we
all have to pivot and protect and
preserve what we have