Online business ideas

 

Old business ideas - new business ideas

With the rapid development of information technology, a peculiar transformation took place in economic life. Occupations and services disappeared and a whole series of new businesses were born.

Half a century ago, precision mechanics was considered one of the best professions. He repaired typewriters and classic cellulose film cameras. Then, just as classic typewriters and cameras disappeared, so did precision mechanics. They weren't needed. It is no longer profitable to repair the computers, smartphones, and digital cameras that have replaced classic typewriters and cameras: As a result of rapid development, by the time they need to be repaired, they are technically completely obsolete. Meanwhile, the price of new-generation equipment is falling so rapidly that it costs more to repair the old one than to buy a new, much better, much more capable one.

A few decades ago, printers producing city maps were among the most profitable printers. City maps were printed in several thousand copies and in the case of larger cities, tens or hundreds of thousands of copies. Each map could fit more than a hundred advertisements. In the case of more expensive advertisements, the advertiser was marked with a separate small sign on the map. Those who were marked in the street list on the back of the map also had to pay significantly more than traditional advertising. This list helped the map user to find the given street using the square grid of the map. Of course, the maps were sold for quite a good sum. Usually, the sale of 1,000-1,500 copies already covered the production costs, and further sales were pure profit. When our first such product was released, we sold a thousand in the first month. The advertisements generated enough income for approximately one year. But even 3-4 years after its release, the map was always sought after by customers. We will then print the new edition. Of course, with new, again paid advertisements, most of which were ordered and paid for by previous advertisers.

Today, in the world of positioning systems, nobody thinks of buying a city map. And it would be difficult to sell advertising space for a publication that no one was looking for.

Website creation and maintenance is a very profitable profession today. But how long will this be? There are more and better systems with the help of which even people with little IT knowledge can create beautiful websites for themselves. (I would still work as a website creator, but I would organize the work a little differently than the vast majority of website creators).

Internet sales are also spreading at an enormous pace. I am by no means wrong when I say that within two years there will be more online trading than traditional trading. In the case of certain goods, online sales have a huge advantage. Of course, not all products can be sold online. Due to the buying habits of customers, selling some products in the classic old form is much more effective. But it is certain that a huge reorganization is expected in this area in the coming years.

You should definitely take these facts into account if you want to start a business. Don't deal with something that doesn't even exist anymore. Rather, it rides on the ideas of businesses capable of developing in the future.