A New York Times article noted that there is strong growth in dynamic travel-related sites focusing on families.
The article cites research indicating that 25% of all people using the Internet for travel-related research vacation with children, while 37% of leisure travelers heading off for four or more days do so with youngsters along. This points to a great opportunity to invest in a family domain geared towards traveling as a family.
What types of businesses lend themselves to a family focus?
A range of opportunities present themselves: from travel and accommodation-based ventures, to family-friendly food establishments, to family-oriented entertainment venues. These all tap into a multi-billion dollar marketplace opportunity.
For example, one out of three meals eaten by Americans is now consumed outside the home. For food and restaurant entrepreneurs this trend spells opportunity.
One of the newest ventures to spring up and address this shift away from family home cooking is a franchise model which allows parents to come in and prepare a week's worth of meals in one session, saving valuable time during the week. This franchise model is just one way in which resourceful business people have capitalized on a simple business model promoted through creative Internet advertising.
To undertake research on the best way to identify a business for your family domain, begin by researching small business trends in your sector of interest. A good places to start is www.bizstats.com, which offers helpful information about failure rates for start-ups in various industries, and has a terrific calculator which can help you to estimate expected profits from your family domain.
Have a family-related idea? Want to build an online business around your concept?
BuyDomains.com has family domain names across all categories, whether you are seeking to start an online travel site for families, wish to sell family-oriented entertainment items, or you want to promote your family photo studio. We have family domain names which will drive customers to your site and put money in your pocket.