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Business Ideas In Mumbai

Business Ideas In Mumbai

Looking for the Top business ideas in Mumbai? Well, you have landed on the right article! 

Mumbai is one of the most developed metropolitan cities in India. The business opportunity and career-driving city offer a great opportunity for budding small businesses.

The cities entail financial capital and include the Bombay Stock Exchange. The city operates the GDP of the country.

It is the busiest city and is highly populated. The City offers acting dreams and offers extensive opportunities to people in that field and one associated with it. 

Starting a business in the cities is tough and requires an adequate boost to keep it up and running in the market the city withholds.

One can make use of virtual platforms to start with their businesses. Using social media platforms and promoting your products using YouTube channels and making shorts offer great benefits.

Virtual businesses offer a great amount of flexibility. The business opportunities in the city range from fisheries delivery to virtual consultancy.

To succeed with any business opportunity in the city, make sure that you have an official business platform representing a digital presence.

The website must communicate the vision and mission of the business and represent a clear image. Here are some of the trial and tested small business ideas in mumbai.

10 Online Business Ideas  & Platforms to start with


Table of Contents

1. Stock Broking / Online Trading (Zerodha)

Stock Broking / Online Trading

Stock Broking is one of the fastest-growing business interests among individuals.

If you know how stocks are bought and sold, you can think of investing in this business idea.

Mumbai has its own stock exchange; the Bombay Stock Exchange. You can start working efficiently as a stock broker.

As a stock broker or online trader, you will be responsible for offering advice to individual investors and explaining to them what is the best time to sell or buy the shares.

You can start your business from a platform such as Zerodha with almost no initial cost. You can enroll yourself as a stockbroker by registering with the platform and starting trading.

2. Digital Marketing services (Upwork or Fiverr)

Digital Marketing services

Another interesting business opportunity to invest in is digital marketing services.

Most companies and businesses are always looking to increase their sales and generate more leads. Digital marketing serves as the solution provider.

You can offer digital marketing services to companies by utilizing personalized services and data-driven insights.

Some of the most wanted digital marketing services are; SEO Services, PPC Services, Web design and development services, and social media advertising.

You can make use of platforms like Upwork or Fiverr. These are the freelancing marketplace, where you can make accounts and list your digital marketing services. This website offers a broad customer base so it will make it easy to reach the customer.

3. Freelance Writing (Upwork or Fiverr)

Freelance Writing

Businesses today on the internet use writing to promote products and services. You can explore this sector with zero or no initial cost.

All one needs to do is make oneself available to the companies. Freelance writing is best as it gives a lot of flexibility.

You can explore areas such as article writer, Web content writer, medical, technical, and non-technical writer.

You can choose as per your knowledge in the field. You can start with this business opportunity. You can upload an ad or make an account on platforms like Upwork or Fiverr.

The platform has a wide client base and can get you to spread the word about the services faster. The platform also offers great revenue acquisition opportunities.

4. Start a Blog (blogger.com)

Start a Blog

Blogs are still one of the most sought and flexible business opportunities.

You can start writing by just sharing your thoughts on any political, technical, philosophical, or social issue.

You can choose the topic and just start writing. Building a blog's audience may take some time but once it gets popular, you can earn a lot of money.

You can use PPC in blogs and also incorporate affiliate marketing.

There are various online platforms you can start writing with. One such is blogger.com, where you can earn a lot of money by posting ads here. The platform is easy to use and requires zero or no experience to start with.

5. E-commerce & SEO Consultant (Upwork or Fiverr)

E-commerce & SEO Consultant

The eCommerce and SEO consultant is one of the most highly rated business opportunities you can indulge in.

Companies today aim to create awareness about their product to customers.

You can start your business by offering E-Commerce and SEO Consultant services.

There are plenty of opportunities in the field and demand is quite high.

If you have knowledge in the field of marketing and branding, you can start offering such skills to test by registering on platforms like Upwork or Fiverr.

The platform will help you reach the right clients. You can even set the pay scale for your services being offered.

6. Create Online Courses (Thinkfic)

Create Online Courses

Online Teaching is one of the best and growing fields. If you have a skill in any field, you can create courses featuring that skill.

Today, geographical boundaries are no more any barrier. You can create online courses in any field heard from technical to home decor.

You just need to have the knowledge and you can share it with the world. The revenue acquisition is high and there is a lot of flexibility in the field.

You just need to record videos and you will have a course to sell. There are many online platforms that even streamline the process of creating courses.

One of such is Thinkfic, the platform offers a step-by-step process to devise online courses.

7. Open an Online Shop (E-marketplace- amazon)

Open an Online Shop

If you already have a store or have an idea for a store, you can just open a virtual shop to widen your target audience base.

The best way to do so is by utilizing online channels such as amazon. in. You can do so by registering yourself as a seller on amazon.

If you have a clothing brand, it can be a great success once registered with amazon. You may have to pay the fee and will have control over cost-per-click ads.

8. Selling photography (Flickr or 500px)

Selling photo

Mumbai is a picturesque city and one can make use of the beautiful monuments and sell the photos online and not only of the monuments but also of the people.

Mumbai is home to budding actors. If you have professional photography skills then you can start your own photography business.

Clicking portfolios for actors can help you earn a lot of money with it. One can make use of platforms such as Flickr and 500px.

You can upload the photos to market your skills and earn recognition and even build your brand with this website. You just have to make an account and upload photos.

9. Affiliate Marketing (Amazon associate)

Affiliate Marketing

If you are someone who has great marketing skills, you can start earning money as an online affiliate marketer.

Online Affiliate marketing is a straightforward way to earn money. An affiliate marketer basically helps the service or product providers reach their target audience.

You can do so through blogs, youtube videos, social media, and others. The best place to start is to become an associate at Amazon.

Amazon offers great rewards and revenue if you get accepted as an affiliate marketer. You can become an associate by joining and registering with the Amazon affiliate marketing program.

The easy link-building tool needs to be utilized to attract the target audience.

10. Online Consultant (Upwork or Fiverr)

Online Consultant

If you have expertise in any field, you can offer professional services as an online consultant.

With everything going online, the consultancy service is also greatly in demand.

The companies tend to look for consultancy businesses to add value and find solutions for market problems.

You can start your online consultancy business by incorporating expertise in that particular field.

To reach the target audience, you can utilize platforms such as Upwork or Fiverr.

You can do so by registering with the platform and defining yours. The platform will open gates to a number of clients who are in need of your services.

11. New Business Ideas

1. Virtual Assistant business

Virtual Assistant

Mumbai city is always busy. The city requires assistants to fulfill technical, creative, and administrative consultancy.

With everything online, virtual assistant businesses can be started online without any initial cost. You can offer customized services to attract more clients.

Some of the services offered by VA are data entry, booking travel arrangements, scheduling social media posts, and personal task management.

2. Open a Comedy Club

Comedy Club

After days of working in the corporate offices and struggling, Mumbaikars need a fun evening laughing their heart out.

To start with the business, you will need a clear plan to become successful. Research your target audience and count all the expenses you need to put in there.

You will also be required to hire a comedian. It is always a good idea to bring up YouTube influencers and comedians to sell the tickets.

It is highly important that you advertise your comedy club. You can do so by using social media and once it becomes popular, there will be no going back from there.

3. Teach Acting

Teach Acting

If you have any experience and knowledge in acting, you can start teaching acting.

Mumbai city is home to many budding or want-to-be actors. They often seek guidance to master the skill of acting.

You can become an acting tutor and offer the service. You can start the service and price the sessions.

The business opportunities in the field of teaching acting are huge and can be a great success if you are looking for professional success in Mumbai.

4. Offer Therapy

Offer Therapy

Mental health is gaining more importance after the pandemic. And, offering therapy both online and in physical mode.

The business stakes in offering therapy are quite high and can hit success in less time.

You will be required to communicate their problems and offer a philosophical notion and help them solve the problem.

The therapist is all about offering a judgemental free approach to the clients. 

You can form the client base by using social media and advertising it on google ads.

The best thing about this opportunity is that you will have a sense of satisfaction which is not found in all business opportunities.

5. Offer Fitness Training

Offer Fitness Training

Fitness training is one of the best growing business opportunities.

Mumbai is home to many actors and actresses. They often seek personal trainers to stay in shape.

And, if you are professional or have sound knowledge of fitness and bodybuilding, you can take this opportunity.

The investment is zero and requires nothing but the knowledge to do well in this. 

You can either start providing sessions in a physical or virtual mode. It has become essential to smartly advertise your services on social media.

You can also offer services by making a YouTube channel. YouTube is proving to be a growing hub for fitness trainers. Start building your followers with the free videos first.

And, then you can merchandise your services through the personal website. You can charge money per session when done in a physical model.

6. Create an Online Home Decor Store

Online Home Decor Store

The most creative and artsy approach allows one to offer services of home decor. You can create your own online platform with wix.com or similar websites.

It's just an idea and you can start earning a good amount. There is always a want to keep our home cozy and comfortable.

You can provide an aesthetic approach to the design and sell it to the customers online at a good price.

Platforms like Pinterest can help you get an idea of what is trendy and you can start working with just as many resources required first. 

And then you go on to incorporate modern ideas to create trends. The mantra here is to provide what is in trend and then become a trendsetter. You can use Google Ads to make yourself visible to clients.

7. Beauty and Wellness Products

Beauty and Wellness Products

Beauty and wellness products have a diverse and differentiated market. There is a high demand for a beauty product that is organic and also fulfills all the duties of the required product.

You can start and earn a hefty amount of money in this market. You can provide skincare, haircare, and Personal care.

You can start by creating a website to make it available for the customers.

You can start the business from your home and expand it when it takes the leap and acquires a customer base. 

You can utilize social media to sell the product to customers. Use Google Ads to attract customers. 

8. Start an Online Thrift Store

Thrift Store

The basic purpose of thrift stores is to provide goods at cheaper prices. It is also an easy way to create your own brand.

Make sure that you have records of the source product and the trendiest items on hand to keep it running.

The best part about thrift stores is that you can run them from anywhere. From your van to your car parking space, the stores can be established.

Make it available for the customers 24 hours. You can start your first step towards being an entrepreneur with low investment. 

9. Print-On-Demand Shop

Print-On-Demand Shop

WIth graphic t-shirts again making the market, Print-on-Demand is one of the innovative business opportunities.

The best part about this business opportunity is that you can make use of a free website and use the templates or create your own design with zero investment.

You can create custom designs and also personalize them as per the want of the customers.

The print-on-demand business is of great use and can even list your products on amazon to sell the goods and reach a wider base of customers. 

10. Ad Film Making 

Ad Film Making

If you are a professional digital photographer or have camera skills and a creative mind, you can earn a lot of money in Mumbai.

Mumbai is home to film shooting and almost most of the ads from big companies are shot here.

You can put your skill to use by advertising and uploading your portfolio to various companies.

It is highly important that you market your services on Google Ads, and social media and keep collaborating with the brand. 

11. Event Management Business

Event Management Business

Another fascinating business opportunity is event management. Mumbai is a city of parties and glamour.

You see, every day there is a party at some celeb house. With your aesthetic mind, you can plan great events in Mumbai city and always stay in demand.

You can either start your agency by virtually creating a website and offering them the portfolio to offer the right services.

Make contact with vendors and food caterers to plan glamorous parties in the city. 

12. Extremely Low-Cost (Micro) Small Business Ideas for Mumbai (75 Words each for description)

1. Fishery /Seafood Delivery

Fishery

Mumbai offers a great place to start fishery/seafood delivery.

Mumbaikars eat a lot of fish and most restaurants require tons of fish every day.

You can hire delivery professionals and make the transportation of the fish right from the ocean to home, restaurants, and diners.

2. Start A Mumbai Based Youtube Channel

Youtube Channel

The other low-cost business opportunity to start in Mumbai. YouTube and daily vlogs are getting serious day by day.

You can start the opportunity by making a brand account. We all know Mumbiker Nikhil is one of the best influencers in the town.

Once the YouTube channels take a hit, you can start utilizing affiliate marketing and doing collabs for the subscribers.

The more subscribers you make, the more money and greater the opportunity gets. 

3. Custom gift shop

Custom gift shop

Create your own gift shop by incorporating ideas from Pinterest and whatever is trending online.

Custom gift shops allow customers to choose and personalize goods for their loved ones.

You can start it online by resourcing goods from ancient to modern touched products.

Market your product by making an Instagram product. Start your business with zero or no investment and make it to the worldwide customer base.

4. Become Ola/ Uber Partner

Become Ola/ Uber Partner

This is one of the best opportunities in Mumbai. Mumbai people run on taxis and cabs.

By joining Ola and Uber partners, you will open up a big space for earning good money. You can either work as a driver or just provide your cab offering the services.

The procedure is highly simple and Ola and Uber are always looking to increase their partner base with the car owners.

5. Coffee or tea business

 Coffee or tea business

The Mumbai people run on the beverage. And, the beverage industry is quite at stake in the city.

You can open cafes and chai bars and gain a lot of client base in little time.

The thing to keep in mind is to choose a busy spot. Location is prime when opening any kind of cafe.

The importance must be put on branding and marketing. The word of mouth is about how small cafes take the hit and become impeccable.

6. Tiffin Services

Tiffin Services

Mumbai includes a lot of corporate employees. The employees often seek the comfort of home food and tend to order tiffin services.

You can start offering such services from your home without any tension of renting the office.

The best part is you can list your services on Swiggy and Zomato to make them more visible to people in need.

Make sure that quality remains intact to survive in the field of tiffin services in Mumbai. 

7. Printed T-Shirt Business

Printed T-Shirt Busines

The printed t-shirt business is one of the most low-cost business services.

You can sign up with various online platforms to start offering your services at zero initial cost.

You can sell the t-shirts on demand and print them only when an order is placed.

The best part is all of it is online so there are not many hectic details to be followed here. 

8. Boutiques

Boutiques

If you have a fashion degree or adequate knowledge of fashion, you can make your career boom in the city of Mumbai.

The city is all about glamour and fashionistas who are always looking for trendy clothes.

You can open your boutique with your brand and start selling goods. Make sure that you advertise and sell the clothes online to the broader client base.

9. Mumbai Tour Operator

Mumbai Tour Operator

The city is always crowded with visitors from all around the world.

You can start the business by showing them famous places in Mumbai.

Make your tour operator website and collaborate with travel websites to make it available for foreigners as well as Indian people from other states.

This is a zero-investment business idea and is more fun than any other. 

10. Sell Imitation Jewellery

Sell Imitation Jewellery

Jewelry is the closest piece to every trendiest outfit. Imitation jewelry is always on-trend and works the best with every outfit.

You can buy them at wholesale rates and sell them at retail prices. You can make it to the customers using online e-marketplaces like Amazon, Meesho, and Flipkart. 

You can also offer personalized items to make the product more customer-friendly.

11. House Cleaning Services

House Cleaning Services

Another low-cost business opportunity is house cleaning services. The extra help to keep every corner of the house clean becomes tough alone.

Today, one seeks expert care to clean their house and sanitize it from harmful viruses and germs.

You can start with this without any initial capital. List your service online and put Google ads to make it more visible to people who need it.

12. Beauty Parlour & Salon

Beauty Parlour & Salon

If you have a forte in beauty care, you start the business by hiring individuals and start offering services to the customers.

The important thing to note here is to stay up with the trend and make all all-kind of services available to customers.

You can start your own YouTube channel to attract customers and upload daily shorts. 

13. Grooming and Care for Pets

Grooming and Care for Pets

Pet care is one of the growing businesses. You can earn a handful of money by just keeping the pets for a day.

If you have skill in cutting hairs and trimming, you can offer plenty of services to high-breed animals and charge for offering trim or cuts.

Advertise your services with the help of Google Ads. 

14. Sell Used Stuff on OLX & other relevant platforms

Sell Used Stuff

If you have any products in the house which are not used, you can sell those online.

You just have to upload the photos and pricing with the platform. The first thing to do is to make an account and start selling the products.

Tips For Business Ideas In Mumbai 

The best way to start a business in Mumbai is to look for opportunity and seize it. Mumbai has a highly competitive market and it is the financial capital.

You must research the market and look for the target audience. The city has splendid opportunities for newcomers and can start at a low cost.

There are a considerable amount of opportunities like petting, thrift stores, and consultancy.

The way to boost start your business is to add your business profile on social media platforms and make use of Google ads to make your services visible and approachable.

Make use of the platforms like Fiverr and Upwork. These platforms offer to create a wider audience base.

If you are just starting with the services, you must invest a lot of time in these platforms. It is important to formulate a business plan and make a handful of members offer services.

You can also consult services and do courses online to start learning about business. It will teach you how to make business profitable and some tested methods.

You can also sell services like teaching the profession or sharing knowledge. The courses will teach you how to campaign your services in the market.

The other thing to look at while offering the services is your competition. Try offering differentiated services from your competitors to get more clients. we have small business ideas in mumbai. 

You can check out the video to get more details on the topic.

Conclusion

To succeed in the above-listed business ideas, it is important to put them out there. Start selling your business and make it available for customers.

The virtual platforms today offer plenty of opportunities and give a great client base. The small-businesses can promote their products and services through YouTube Channels, and Instagram.

You can also make use of eCommerce platforms like Amazon and Flipkart. Start making a website and putting the business into a comprehensive digital presence. 

frequently asked question

Q1. Which business is best to start in Mumbai?

Some of the best businesses to start in Mumbai are Snacks Cafe as the large population of the city depends on cafes and snacks. You can also start homemade tiffin services.

You can offer virtual consultancy and blogging if you want to work in a flexible working environment. You can also choose fish or seafood product delivery as people in the city prefer seafood.

The diverse business opportunities can be narrowed down to the amount of investment and area of services. Mumbai offers extensive business opportunities.


Q2. What are major businesses in Mumbai?

The major businesses in Mumbai are ad making, photographs, food restaurants, and stock brokers. And other business opportunities are Digital Marketing agencies and virtual consultancy services.
Try selling smart devices, real estate agencies, and freight forwarding agencies.


Q3. What are the most successful small businesses?

To be successful in the Mumbai market small businesses must conduct market research and know their competition.
Some of the most successful services are thrift stores, tiffin services, fashion bloggers, boutiques, salons, ad making, and event management. Make sure that you keep the count of your funds and ensure that it is visible to the target audience.

Q4. What is the easiest business to start?

The easiest businesses to start are pet sitting, residential cleaning services, delivery services, house cleaning, print-on-demand, consultancy services, and others.

prakash

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About the Author

Prakash is a passionate individual who loves to live his life up to full potential. An avid traveller and reader, he loves to explore various places and has quite a knack for research. He is intuitive by nature and possess the ability to handle multiple informational resources at one time. Prakash is dedicated and sincere in approach and he loves networking with like-minded people.

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