• About
  • Contact
  • Testimonials
  • Newsletter
  • More
    • Demographics & Advertising Rates
    • Terms & Conditions
Friday, August 12, 2022
No Result
View All Result
CALIFORNIA BUSINESS JOURNAL
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness
CALIFORNIA BUSINESS JOURNAL
images

How to find new business opportunities on the verge of a new global shift

A time of change and three suggestions to make the best of it.

by California Business Journal Editorial Staff
A A
Share on FacebookShare on Twitter

“Global shift” is a phrase that we had not heard for some time, since “disruption” had become more popular in recent years, referring to sectors of the economy that showed clear signs of needing a business model makeover.

Now we seem to be heading towards something more, a new global shift. See for example what is happening in Michigan with the car industry: Ford, General Motors and Fiat Chrysler have all agreed to close their plants, according to AP reports. What is not going to close down is online gambling michigan, but this is by far not the only sector in which you can leverage the potential of the internet to launch your new business.

SEO experts are monitoring what is going on in these days with their clients. Among them, Neil Patel of Ubersuggest, a popular keyword search tool, has published some interesting data. Looking at two parameters, traffic and conversion rates, here are the sectors that are showing the most remarkable increases, meaning that you might want to investigate the possibilities of launching a new online business there:

Food

While ranking third in terms of traffic, when it comes to conversion rates “Food” shows a spike that no other sector can even come close to. “Food” is selling online. An easy guess is that this relates to a massive increase in online orders for food deliveries at home. From groceries to prepared meals, urban populations are clearly relying on these services even more as they need to stay indoors for safety reasons. Business opportunities here seem likely to open even more as the situation evolves. As a comparison, the item “Finance” comes a good third as far as traffic increase is concerned, but is heavily in the minus in terms of conversion rates. In other words, selling financial services online, despite the obvious interest from surfers, is taking a bad beating.

ADVERTISEMENT

Healthcare and Pharma

These are actually two distinct items, but since they are evidently both connected to worries about health, they can be taken as a whole. With one observation: “Pharma” is much less successful than “Healthcare” in terms of traffic, but its conversion rates are nearly as high. This is showing us that customers are buying both services and goods related to health and that demand is rising.  Consider a possible combo for a new business idea, perhaps in combination with the following item of the list.

Media

Traffic generated by media sites is skyrocketing, and this is a no brainer considering the situation and the need of the public to keep constantly informed. When we look at the conversion rates for “Media”, though, the results are modest and way below “Food”, “Healthcare” and “Pharma”. Nothing surprising, with the mass of free media available on the Internet. Some quality outlets do have paywalls, but they are offering massive discounts in this period.

The bottom line: a really smart entrepreneur would think of combining a high quality media outlet with the delivery of the products and services to feed its customers and help them stay healthy.

Tags: economyentrepreneurfinancefinancial servicesfoodGamblinghealthhealthcarehealthyHow to find new business opportunities on the verge of a new global shiftnew business opportunitiesnew global shiftonline businessSEOTraffic
ADVERTISEMENT
California Business Journal Editorial Staff

California Business Journal Editorial Staff

advertisement

CBJ Newsletter

Facebook Twitter LinkedIn Instagram LinkedIn

Advertise With CBJ

1REALTOUR-SAN DIEGO-WEB DESIGN
Facebook Twitter LinkedIn LinkedIn Instagram
C B J   LOGO  SVG-01
  • About
  • Contact California Business Journal
  • Testimonials
  • Demographics & Advertising Rates
  • Terms & Conditions

Categories

  • Art & Culture
  • Business
  • Daily Updates
  • Editor's Choice
  • Education
  • Featured
  • Finance
  • Food & Dining
  • Health & Fitness
  • Human Interest
  • Insurance
  • Law
  • Lawyers
  • Marketing
  • Medical
  • News
  • Newsletter
  • Opinion
  • People
  • Popular
  • Real Estate
  • Social Media
  • Technology
  • Uncategorized

CBJ Partner Firebrand Media

Laguna Beach Independent Newspaper
 Laguna Beach City Guide
 Newport Beach Independent Newspaper
Newport Beach Country Club Magazine
  Montage Magazine
 Omni Escapes Hotel Magazine
 Bespoke Concierge New York
 Evans Hotels
 Laguna Beach Magazine
 On The Menu Laguna Beach
 Newport Beach Magazine
Coastal Real Estate Guide (NB,LB, CDM)
Monarch Beach Resort Magazine
 Pacific Coast Magazine (SoCal)
Sea Island Life Magazine
Salamander Hotel & Resorts Magazine
 View our entire portfolio

 

Most Viewed

  • Gavel, scales of justice and law books

    Lawsuit Basics: How Much Does It Cost to Sue Someone?

    0 shares
    Share 0 Tweet 0
  • The Impact of Covid: Racing to Buy Second Citizenships

    3 shares
    Share 0 Tweet 0
  • What to Do When an Online Casino Refuses to Pay Out Your Winnings

    0 shares
    Share 0 Tweet 0
  • NFL Paychecks: How Do NFL Players Get Paid?

    0 shares
    Share 0 Tweet 0
  • Investigation: Can TriumphFX Take Your Money?

    0 shares
    Share 0 Tweet 0
  • Five Reasons Why The Government Does Not Like Bitcoin

    0 shares
    Share 0 Tweet 0
  • New Study: California’s 10 Universities That Produce the Most CEOs

    0 shares
    Share 0 Tweet 0
  • How to Start a Telecommunication Business: A Step-By-Step Guide

    0 shares
    Share 0 Tweet 0
  • Best Crypto Faucets You Can Try In 2021 and 2022

    0 shares
    Share 0 Tweet 0
  • The Only Way

    0 shares
    Share 0 Tweet 0

Latest Articles

Are Crypto Casinos Allowed in the USA?

Are Crypto Casinos Allowed in the USA?

UAE Agrees To New Procedures Audit Process

UAE Agrees To New Procedures Audit Process

New DEIJI Photo Shoot in Morro d' Alba Region in Italy

New DEIJI Photo Shoot in Morro d’ Alba Region in Italy

The Importance of Cultural Competence in Service-Based Businesses

The Importance of Cultural Competence in Service-Based Businesses

A Checklist To Hiring A Top Personal Injury Attorney

A Checklist To Hiring A Top Personal Injury Attorney

BioLargo’s Breakthrough PFAS Removal Technology

BioLargo’s Breakthrough PFAS Removal Technology Offers Hope for Clean Water Across the U.S.

Femnized seeds for cannabis. Photo credit: Ed Rosenthal

What is a feminized seed?

The Importance of Photographic Documentation on Construction Sites

The Importance of Photographic Documentation on Construction Sites

24 Applications of Linear Actuators in Your Home

24 Applications of Linear Actuators in Your Home

CBD Edibles: Top 9 Online Brand Picks to Choose From in 2022

CBD Edibles: Top 9 Online Brand Picks to Choose From in 2022

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR

No Result
View All Result
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR