Online Business Ideas from Fishing

Online business ideas from fishing? Do you know that fishing is a very important industry in the Philippines. Its importance is underscored by the fact that as of 2013 the Philippines ranks tenth among the largest fish producers in the world. And in terms of aquaculture production, it ranks 15th according to Food and Agriculture Organization.

Related article: Online Business Ideas Inspired by Marine Life and the Sea

The Fishermen by Quang Nguyen vinh (Pixabay)

The global fish trade

In 2014, the value of the global fish trade is recorded at $149 billion. Fish, according to a Financial Times report, has been the largest traded food commodity, supported by growth in aquaculture, which has been the fastest growing food production sector over the past 20 years.

"Fishing is big business," exclaims Karsten Strauss in Forbes

Note, too, that the fishing industry is a sensitive and contentious issue affecting almost every corner of the world because not only is it economically significant, it also touches ordinary lives. The World Bank puts it in this context: "For billions around the world—especially the world’s poorest—healthy oceans mean jobs, food and protection."

Fishing is an exciting source of ideas for online business

Altogether, fishing (and marine life) is an exciting source of ideas for an online business. You will have a rich source of topics to serve your visitors and the opportunities to develop an audience are varied. If you combine these facts with your own passion for anything that's related to fishing, there's no limit to what can be imagined and put to action for monetization, such as what Swedish developer Johan Attby has come up with: FishBrain.

The fishing industry is defined by the Food and Agriculture Organization as including recreational, subsistence and commercial fishing, and the harvesting, processing and marketing sectors.

Principal sectors for site concepts

Concept - a general notion or idea; an idea of something formed by mentally combining all its characteristics or particulars.

Opportunity - a good position, chance, or prospect, as for advancement or success.

Niche - a distinct segment of a market; a place or position suitable or appropriate for a person or thing: to find one's niche in the business world.

-- dictionary.com

Three principal industry sectors should further excite you: the commercial sector, the traditional (artisan fishing) sector and the recreational sector.

  • The commercial sector covers enterprises and individuals associated with wild-catch or aquaculture resources and the various transformations of those resources into also referred to as the seafood industry, includes non-food products such as pearls. 
  • If you love to travel and love to explore artisanal fishing, writing and photo-ops would take you to off-the-beaten tracks, so to speak in such countries as Sri-Lanka, Vietnam, Brazil, China, Mozambique, Thailand, Kazakhstan, Belgium, USA (Alaska), Seychelles. Perhaps, in your own country, it needs to be discovered.
  • Recreational sector, also called, sport fishing for pleasure and competition is fishing for profit, covers "enterprises such as the manufacture and retailing of fishing tackle and apparel, the payment of license fees to regulatory authorities, fishing books and magazines, the design and building of recreational fishing boats, and the provision of accommodation, fishing boats for charter, and guided fishing adventures."

Potential niches

The limit to online business ideas and, the niche you can own, is cut to pieces only by your imagination if you consider the entire world of fish:

  1. the fishes and species,
  2. the ocean and the land,
  3. environmental concerns,
  4. culture, traditions,
  5. art, commerce and trade,
  6. sport,
  7. politics,
  8. the people....

Is there anything you could add to these? What has inspired and moved you or someone you know to create masterpieces (or anything of importance or even of great failure and sadness) that made us think of the world of fish? Think of the Old Man and the Sea, the short novel written by the American author Ernest Hemingway in 1951 in Cuba?

Imagine if you could build an online business out of fish!

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