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7 Best Startup Ideas for 2020; COVID 19 Edition

While COVID 19 spread across the world, we at MVP.dev saw a shift in the types of requests we receive for applications and Minimum Viable Products. As expected, many of these focus on the new normal; work from home (WFH), remote video interactions, and so on. Here are some of the business ideas we’ve seen most often over the last 6 months of 2020.

1. Digital Retail

This economic downturn will put most shopping malls on a coma. Consumers are now expecting virtual tours and touchless shopping. People will avoid crowded places even after the crisis is over. Malls and retail outlets are now closing shops, but they can easily switch to selling online and get a bigger customer base than before COVID-19.

2. Food Delivery Services

The restaurant industry was devastated. People will hesitate to eat in public places, even post-pandemic. Food delivery services have even gone as far as providing contactless delivery. And because the virus is here to stay, this trend will not go away in the future.

3.Online Fitness and Gyms

Digital workout programs and apps are now seeing leaps on new user signups these past months. Online exercise videos, yoga, and even meditation apps were now picking speed as more and more people resume their fitness regimen while on lockdown.

4.Online Courses and Education

By this time, most schools are now shifting to online learning. The next months will see a sudden demand for live-stream and modular education content, not just for college but also for high school and grade school. Likewise, self-learning apps downloads have skyrocketed. And because most minors the world over were prohibited from traveling, they got no choice but to pursue e-learning.

5.Remote Healthcare

The days when you have to wait for hours at your doctor’s office are now over. More and more healthcare professionals were now switching their consultation from clinic-based to online. Companies that can help these professionals to deliver their services online will never run out of business. This one has been challenging to solve, based on issues with HIPAA compliance and patient data privacy concerns, to name a few. Lead generation is an area that we feel is underserved in the market and doesn’t require compliance with patient data.

6.Grocery Delivery Apps

You might close down your physical shop, but that doesn’t mean people no longer need your business. Online grocery shopping will pick pace as more and more people avoid grocery stores. Likewise, we saw the downloads of online grocery delivery apps grow to breakneck speed the past months. If you own a grocery, the best strategy is to partner with a delivery company. Or better yet, create your app to serve your customers even without opening a physical shop.

7.Online games and live streaming services

The online games market is now a booming billion-dollar industry, thanks to the lockdown. But this trend isn’t just limited to gaming as people crave for more ways to socialize. People want to connect with their hobby groups, professional organizations, and niche communities – all online.

If there’s a silver lining to COVID, it’s the opportunity to take over the market that once belonged to your competitors. Physical shops and stores are closing for good, but the internet-fueled industry is a deep untapped market – if you know where to look.  If you’re ready to start building your app idea, reach out to us today at MVP.dev, and let’s get started!

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