Home Services Business

 People are busier now more than ever and are outsourcing to home services businesses to take care of their home while they are out working or taking care of kids or just need some time off. Home services business allows customers to spend doing what they love.

  There are several businesses that are provided by home services that span across various sectors of business such as repair maintenance, installations, home improvement and others. Since the number of services that a home service industry can provide is increasing day by day, therefore, the scope and the industry of home services is growing. With the increase in the adoption of technology comes the increase in the online as well as mobile booking services. Home services are essentially a more modern and simplified way to buy as well as schedule professional services.

According to startup industry tracker Tracxn, the home services industry in India is growing rapidly. Companies like hey foodie which provide home services like plumbing, painting, electrical service, laundry, pest control, in health, and wellness for example physiotherapists, yoga instructors, in tution and hobby classes for example dance, music, Zumba, math, to events example mehndi artists, photographers, and birthday party planners. The range of services provided varies from six to 1000. 

Challenges: -

One of the biggest challenge that is facing the home services market is the lack of a pricing model. 

With all the industry still facing challenges when it comes to getting the supply side online. This involves training required for the service providers to become more organized and efficient

Opportunities

Despite the challenges, there are plenty of other factors that are playing well for the growth of the services market including 

growing urban population, 

increase in disposable income that leads to seeking convenience, 

the rise in internet penetration, 

time crunch faced by professionals and new moms.