Question

• What is one new product, service, or way of doing things that became profitable because of the pandemic? Looking at the new realities and possibilities, what is one new business you can think of that might be successful?

Answer 1

Question :  What is one new product, service, or way of doing things that became profitable because of the pandemic? Looking at the new realities and possibilities, what is one new business you can think of that might be successful?

Solution : The pandemic forced the whole world to stay at home and work from home. This resulted in the increased demand for internet services. People need internet to carru out their business work. Also , for communicating with close friends and relatives , people started using social media sites more. Webinars and video calling , conferencing is being utilized on a large scale. One business that can be the outcome of this event is onlne teaching. I can start online teaching, upload videos which can be seen by students in every part of the country. While teaching offline , I can accomodate only 20 students per batch. But in the case of online teaching I can reach the mass audience and increase the revenue at almost 50 - 60 times higher rate. Online teaching is a bright future and great rewarding business.