Thinking of starting a business in Indonesia?? With technology on your side and creative new ways to improve your business popping up everywhere, there’s never been a better time to be an entrepreneur. And one thing you need to start your business venture? Good idea. If you’re ready to start entrepreneurship but don’t know where to start, here are 9 business ideas to consider.
1. Social Media Consulting
There are plenty of businesses in Indonesia offering social media consulting services, but you can stand out from the crowd by focusing primarily on networks that are still gathering steam with businesses.
Facebook and Twitter are still the top networks, but businesses tend to struggle the most with platforms like Instagram, Pinterest, Tumblr, Snapchat and YouTube.
All of these platforms have huge audiences, but many businesses don’t realize how big they really are, how effective they can be and how to make them work for their niche.
2. Senior Care Services
Many businesses in Indonesia these days focus on marketing to millennials, but it may be worth starting a business that caters to the elderly. People are living longer than ever, and that opens up new audiences for customers.
According to the National Institute on Aging, between 2010 and 2050, the population aged 85 and over is projected to increase by 351 percent globally – 188 percent for populations 65 years and over – and the global number of centenarians (those over 100) is projected to increase 10 fold. Folding.
That’s the many people who can take advantage of specialized services that meet their needs.
3. Smart Product Development
Thanks to the emergence of the Internet of Things, smart products are the next big thing and the possibilities are endless. Researchers at Disney Research have recently developed a new sensing technique that has the potential to enhance everyday objects through a single sensing electrode.
Examples of its potential include doorknobs that know whether to lock or unlock based on how you grip them, smartphones that silence themselves when the user places a finger on their lips, and chairs that adjust room lighting based on whether the user is lying down or leaning forward.
Smart technology can also be applied to clothing, including for medical purposes.
4. Healthcare Consulting
There has never been a greater need for people who can understand and navigate the complex world of health care. As changes continue to roll out under the Affordable Care Act and as users try to navigate the complex insurance registration system, people who can help make the transition easier will be in high demand.
A health care consultant needs to have a background in health care and insurance, but not a fancy office or large staff.
5. Crowdfunding Consultation
Crowdfunding allows a group of people to collect their contribution to invest in a startup. With a concept still in its infancy in the Indonesia, entrepreneurs need help finding the best way to tap this new source of investors.
6. Multicultural Marketing Expert
All businesses are looking for new ways to connect with their customers, but many fall behind when it comes to dealing with minorities. Research from direct advertising firm Accurate Leads found that marketers who didn’t target a minority lost a $ 3 trillion market.
The study shows that many companies fail to reach minority customers because they don’t take the time to get to know that audience.
To reach these targeted buyers, businesses must identify where consumers live and design specific messages not only for one ethnicity, but for the culture among those segments.
From books to blogs to social media posts, it’s easier than ever to communicate via the written word. Audiences are ready to consume content from their favorite brands and celebrities, but actually crafting that content can be tricky, so many companies are turning to ghostwriters to help put their thoughts down on paper.
Beyond online writing, more business leaders are authoring books, with the aid of ghostwriters, to build their credibility.
8. Organic Beauty Products
Consumers of all age groups have been hopping on the “all-natural and organic” bandwagon when it comes to their food and lifestyle products, but according to a trend report , the over-50 crowd is especially interested in natural beauty products made with ingredients like charcoal and kale.
Launching your own line of homemade face soaps, scrubs or cosmetics could be a smart way to capture this demographic.
9. Healthy Fast Food
If you have ever dreamed of opening a restaurant or food truck, this might be the right time. The JWTIntelligence report notes that millennials are more health conscious than ever, and “guilt-free” take-out foods will become an increasingly popular culinary trend. Consumers are looking for competitive prices for seasonal local dishes that they can take with them on the go.
If you, have questions sparked by the suggestions above or are looking for some insight in regards to your own small business development, there’s no better place to find it than from IndSight Business Consulting. Complete the Contact below to contact a IndSight Consulting.
IndSight — aims to bring you inspiration from leading respected experts. However, before making any business decision, you should consult a professional who can advise you based on your individual situation.