David Bell is an eCommerce expert who has provided investment and advice help to various companies. And David Bell, former Professor of Wharton School of Business, has been examining many different eCommerce investment options for 2021, helping to find a few that should stand out among the many competitors during this period.
David Bell Examines Why the Gig Economy Will Be Huge in 2021
Over the years, the gig economy has become a critical part of the marketplace. David Bell estimates that about 30 percent of all jobs are currently within this field and rising. And during 2021, with Covid raging and other issues a significant problem, David Bell believes that now is the time to invest in eCommerce of this type, prevalent gig platforms.
For instance, Fiverr has emerged as one of the most popular companies for freelancers. Users can bid on jobs, such as writing articles, recording voice overs, doing construction work, and more. David Bell found the initial $5 quite intriguing and knows that more and more people also bought into it. And David Bell finds that its unique and diverse range of options makes it a good investment.
Other popular gig sites like these include Textbroker and Writer Access, content sites that help stock websites with much-needed web content. David Bell likes these companies’ passive nature – they collect a small percentage of what writers earn, essentially making a steady income flow for merely providing a platform. This system is ingenious and hard to top, he believes.
Other eCommerce Investments to Consider
David Bell also finds platforms like Etsy – which has rapidly become the ultimate market for arts and crafts – intriguing options for many investments. However, some of these sites are getting a bit too big, and many people are already investing in them. As a result, David Bell believes it is vital to look for ways to get in on the ground floor for many different potential businesses.
For instance, David Bell believes that direct-to-consumer marketing is going to be bigger than ever. That’s because many buyers are finding out that they can buy directly from a company without a middle man getting in the way. Platforms that focus on this process are critical to choose, David Bell suggests, as they can provide many unique investment possibilities for buyers.
Beyond these platforms, David Bell also emphasizes the importance of not diversifying too much in some situations. While a diverse portfolio is wise, it can be a drawback if you go willy nilly on your choices. Just think of Facebook – it is still the largest and most popular social media site despite diverse options. Consolidate your eCommerce choices, choose several different options, but always keep your market-centered and focused.