Are you looking for an idea where market values exceed $44.6 billion annually while growth is estimated to exceed $87.1 billion over the next three years? Then look no further my friend, I got you!
First point, you are not the first to market with this idea. Or second, third, fourth or twentieth for that matter. But with a market share so large, even capturing an audience of .01% of this industry would yield you a revenue of $87,000,000.
Now do I have your attention? Great! because this product is... drumroll.... 🥁
A VPN Service! Now, I know, it's not the most glorious sounding venture. But stay with me and keep those big juicy numbers in mind 🧠.
What is a VPN?
A VPN is a Virtual Private Network. And I have a task for you, go to NordVPN pricing and scroll down the page, what you will find is your information. Your location, your ip address, and even your cell phone provider if you are on mobile. And that, is just the tip of the iceberg. A VPN will enhance your privacy and security, grant you access to location based restricted content (your netflix account, if you live in Canada, use a VPN server in America and you will have access to American Netflix) and mask your internet browsing. If you have customers, or private messaging it will encrypt your data, keeping it safe for yourself and your users.
Now I know, to my tech savvy friends out there, we understand what a daunting task this can be to achieve. And to my non tech savvy friends, ignorance is bliss.
But, there is good news! The internet is loaded with many tools. Including white label accessibility. White labelling is essentially taking a product that someone else has already built and you put your branding and marketing behind it. And you pay as you scale! Sounds like a win-win.
Here are a few industries you can deploy:
1) Small Business Owners - specifically, remote workers, freelancers, digital nomads and startups. Provide these small business owners/solopreneurs that travel a lot, a reliable and secure internet access from anywhere.
2) Cryptocurrency Traders - Have you ever tried trading from a platform that isn't allowed in your country so you get stuck with what is? And they block all the crypto altcoins? And you miss out on getting into the smaller coins before they explode? Create a VPN solution for crypto traders that allows access to these platforms and caters to a secure network that protects their transactions and financial data.
3) Celebrities - It's no secret over the years hackers and media have attained files of your favourite celebrities. Position your company as the go to VPN experts for celebrities! With your product they can count on secure communication and privacy protection as VPN's add an extra layer of security.
4) Students - Provide secure access VPN for educational resources. Or on the flip slide, access restricted content imposed by educational institutions.
It's all about positioning here. How can you make your VPN service standout? What can you provide to an ever-growing industry?
And remember, all you need to do is capture .01% of the market to carve out your own multimillion dollar business!
Sources: https://explodingtopics.com/blog/vpn-stats
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