eWomenNetwork

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Apr 13, 2018
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There are some factors you have to consider before starting: companies have little funding to work with; team members are ready to get back to work but are wary of the current climate; consumers are spending less on non-necessities, and transactions have shifted to online channels.

Below are some post-coronavirus business strategies:
  • Evaluating the alternatives - Start out by considering what could go wrong. Consider conducting small amounts of research within your new target market(s). The social media agency could send out a survey to 50 random people about their social media habits during the quarantine. If these results show that consumers in a particular market segment do not have a problem, then there is nothing your service could solve. Shift into figuring out what problems you can solve. Switch your survey to focus on business owners age 50 years and older, and ask if they would consider social media services to help marketing efforts achieve business goals and bring in more consumers. You’re more likely to see a good percentage of individuals open to finding the solution.
  • Master the blueprint - This step involves taking all the previous steps into consideration and outlining for the full execution process to come. Consider offering your pre-pandemic products or services at a post-pandemic market and price. For example, the social media agency would promote the ‘Social Media 101’ course for the company’s marketing teams with an installment payment plan to a fine-tuned target audience segment using ads on Instagram
  • Implement the service or product - As the final stage of the 5-step system, the implementation should be seamless if you produce useful results in the previous steps. This step is fully focused on your hard launch. Now that you have all the information you need from your internal and external factors, it’s time to put it out to the world. Have your team members, colleagues, friends, and family share it with anyone they know that would be interested or could benefit from the product or service. It’s all about getting innovative with your business strategies and tailoring goals to reflect what is happening in your market and in relation to the world.
 

MariaMur

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Mar 29, 2021
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Now, during the pandemic, the most effective and successful business is to create something that is fully in demand by the population.
 

HeatherParr

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Mar 30, 2021
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Now, during the pandemic, it is very difficult to come up with something profitable, but I am very curious about these business strategies!
 

AnySpring

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Mar 31, 2021
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Business will no longer be the same post-pandemic. Once we start moving past the crisis, businesses must reinvent themselves and product or service offerings to survive in the economy. We’ve come up with a 5-step system to follow: dissect, innovate, evaluate, master, implement. This method solely relies on the evidence found throughout the 5-step process and decision-making once completed.
There are some factors you have to consider before starting: companies have little funding to work with; team members are ready to get back to work but are wary of the current climate; consumers are spending less on non-necessities Staffing Factoring Companies - Factor For You, and transactions have shifted to online channels.
 

EvaShinQ

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Apr 27, 2021
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I guess it is not the point to create a total new strategy. Just a short-term one to survive the post pandemic period and then going slowly back to the initial point
 

djbaxter

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Nov 10, 2016
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I guess it is not the point to create a total new strategy. Just a short-term one to survive the post pandemic period and then going slowly back to the initial point

Actually, I suspect that some of the changes in how businesses operate will persist past the pandemic simply because they have proven to be doable, practical, and more convenient for customers and owners/employees alike.

For many businesses, there's really no need to have large offices in giant buildings where all employees have to commute every day. The fact that air pollution in many cities has decreased substantially during the lockdowns is one advantage. Reduction in costs is another.
 
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