Nowadays, if your business is not present online, we have some bad news for you: it won’t be long until it might disappear!
Yes, ladies and gents, we’ve reached that point in which an online presence is mandatory if you want to keep up to your competition.
And, even more, you must adapt to these constantly changing trends, in order to be able to grow quicker!
In 2017, the online marketplace offers tons of business opportunities, but this doesn’t mean that all of them are successful.
After doing a bit of research and checked out several of these opportunities, we’ve made a very short list, with some of the best online marketplace business models to consider this year, if you want to start your own gig or expand your current.
Let’s begin, shall we?
1. Online video sharing
The video advertising trends are mentioning a HUGE growth for 2017!
A recent study revealed that the average US adult spends more than 5.5 hours per day on video sharing websites, mostly YouTube.
However, the ‘industry’ keeps growing and more and more video sharing websites are rising, alongside their apps, making room on users’ smartphones.
But we’re not talking only about websites that host videos!
No, not at all.
Live streaming, video on demand or pay per view, as well as other streaming services are some incredible opportunities you should at least consider in 2017.
Who knows, you might as well develop the next big thing when it comes to video!
2. Online Hotel Booking
Remember those holidays when you were basically praying to find a good hotel, with decent rooms, before arriving at your destination?
Oh, and how about those times when bookings were made by phone?
Man, what memories…
Nowadays, all these are history, since portals like Airbnb or Booking are basically revolutionizing the whole industry, since everything you need to do is enter your destination and pick an accommodation, according to your budget, then book it.
Piece of cake!
The scene is evolving constantly and it’s becoming easier and easier to plan a holiday.
I mean, even Google Maps comes in handy, offering you all the details about properties, like the period when it’s most booked, availability and so on.
Inspired by the success of such platforms, a lot of owners have developed their own travel portals, using cloud based scripts.
And you might as well follow their examples and start a great online business!
With a bit of promotion, the results will eventually come!
3. Online store
Honestly, this is the thing we should have started with, but we left the most accessible online marketplace business model for the end, in order to focus a bit more on it.
Now we all know Amazon or Alibaba, but those are giants and you’ll probably more than a lifetime to compete with them, but this doesn’t mean that you can’t start a successful e-commerce store in 2017!
The concept is so popular nowadays, that even home-based business owners are starting to sell their products or services online, using special marketplace software.
And in order to make an idea about the growth rate of this…well, market, it’s estimated to reach $1-trillion by 2020.
Yes, trillion!
With all the tools available right now, you can find all the information you need about your competitors, not to mention all the free resources you can use in your journey to starting an online store!
Wrap-up
These are just three examples of online marketplace business models anybody can start, if they have at least some basic knowledge about how this whole ecommerce thing works.
But we’re sure that you guys know at least a few other similar models, able to bring some great results.
If so, feel free to share them with us, using the comments section below!
Also, we would like to hear what you think about out choices!
Are these business models worth investing in?
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