6 Technology-Based Business Ideas You Need to Try

In this era of rapid technological development, starting a technology-based business has become easier. According to a survey by the Indonesian Internet Service Providers Association (APJII), internet users in Indonesia reached 215.63 million people, equivalent to 78.19% of the total population during the 2022-2023 period.

Given the high internet penetration in Indonesia, you can confidently start a technology-based business. The market is still vast, and you have many channels to market your products without needing a large capital. Here are some technology-based business ideas you might consider trying.

Technology-Based Business Ideas

From opening an online store to becoming a Mobile Apps Developer, you can choose a business that suits your budget, skills, and desires. Let's dive in!

1. Online Store or Online Restaurant

Source: blog.shift4shop.com

An online store is the first technology-based business idea worth trying. Online stores rely on the internet for sales, either through marketplaces (e-commerce) or social media.

According to Mordor Intelligence, the e-commerce market in Indonesia will grow by 10.40% (CAGR) from 2024 to 2029. This is influenced by the increase in Indonesia's penetration rate, which was 64% in 2020 and reached 73.7% last year.

To start an online store in a marketplace, first determine the marketplace you want to use, then register and create your online store. Some promising e-commerce sectors in Indonesia include electronics, hobbies, fashion, groceries, furniture, personal care products, and DIY products.

Besides opening an online store, you can also try an online restaurant business by utilizing online sales systems like ESB Order. Since the pandemic, Indonesians have become accustomed to ordering food online, and this behavior continues today. Therefore, the online restaurant business can be a good opportunity to increase your restaurant sales.

You can sell food or beverages without opening many branches using ESB Order. By building a small-scale culinary business and using the ESB POSLite cash register application, along with activating ESB Order, you can reach more customers and increase sales by up to 30%.

Your online restaurant can receive more orders effectively with ESB Order, from pick-up, delivery, to scheduled orders. All orders can be received automatically through this application. With low commission fees, you can start selling online without fear and be ready to reach more customers and increase sales.

2. Dropshipping

Source: kompas.com

Dropshipping is known as a business without capital, as the person running this business model does not need to stock goods or provide storage space, but only needs to create strategies and execute product marketing.

However, before starting dropshipping, you should contact the manufacturer or product owner first to ensure you fully understand the dropshipping procedures and check the quality of the products you will sell.

Once the owner agrees, you can start selling. The process involves the buyer making a payment first, then you contact the product owner to send the item to the consumer on your behalf.

While dropshipping is easy to do, it has a downside: you won't know the exact stock availability at the manufacturer, especially if you're not the only dropshipper. To avoid running out of stock, you should collaborate with other entrepreneurs who have similar products.

3. IT Consultant

Source: idstar.co.id

If you have skills in information technology, you can start a technology-based business as an IT consultant. As an IT consultant, the opportunity to earn money without high operational costs is wide open.

What does an IT consultant do? An IT consultant acts as a bridge between the technical team and the staff members to understand the client's needs. In Indonesia, IT consulting services are already widespread throughout the country.

If you're interested in pursuing a technology-based business as an IT consultant, it's best to start in big cities. Opening IT consulting services in big cities increases the chances of getting reliable clients and building connections.

4. SEO or Social Media Consultant

Source: fastwork.id

Besides being an IT consultant, you can also become an SEO or social media consultant. These services have their own market, especially in the internet era where SEO and social media services are highly needed.

As known, finding buyers or selling products online won't be optimal without SEO, especially if you use a website channel. SEO optimizes this technology-based business to compete with other company sites on Google search pages. Social media optimization also often involves SEO to compete with other social media.

5. Website Development Services

Source: web.com

Another technology-based business idea you can try is website development services. Many businesses are going online, and one of their strategies to attract buyers is by creating a company website.

By creating a company website, the company's credibility increases. Businesses with an official website have a plus point in the eyes of potential buyers because trust is easier to build.

Therefore, you can take advantage of this opportunity by offering website development services to them. Offering website development services can be done directly and indirectly, such as through social media.

6. Mobile Apps Developer

Sumber: ideausher.com

Mobile apps developer is a popular profession in the IT field that focuses on creating mobile applications. Almost all products now have a mobile app version to make it easier for users to access from anywhere, anytime.

If your services are not yet recognized by clients, you can create your own app, upload it to Google Play Store, and monetize it. When Google approves the app, you can earn money from Google ads.

Therefore, when you decide to become a mobile apps developer, there are many opportunities to make money, either by offering services to companies or creating your own apps for monetization.

These are six technology-based business ideas you can try. Let's start building and developing a technology-based business!