Business as Unusual: 10 Ways to Adapt in the Time of COVID-19

It may take a while before the COVID-19 pandemic is declared a thing of the past, but businesses know that it’s time to reinvent themselves to ensure business continuity.

Life, as we know it, has changed and maybe going back to normal much later. In the meantime, you could look for new opportunities for your business, which have been spurred by the so-called new normal.

With people being asked to stay home and limit their outdoor activities, the next best option is to bring what they need right at their doorstep through home deliveries.

You can either form a delivery team from among your in-store staff or find a delivery partner to accommodate as many home deliveries as possible.

The prevalence of online technologies also means you can go from local to global.

You no longer need to be limited to serving the needs in your small community, but you can now go into new markets by using technology to remove geographical barriers.

For example, if you own a local training center in the city for those who want to learn a skill, you can embrace video conferencing technologies like Google Meet, Skype, or Zoom.

Whether it’s martial arts, culinary, creative writing, or anything under the sun, you can shift from person-to-meetings to online services with the right tools.

People are taking advantage of home quarantines to take up a new skill, so you might as well share your expertise with them in the virtual space.

Even if you feel like you’re in a business that’s considered non-essential in the COVID-19 business landscape, you only need to think creatively to come up with new solutions for customers.

It can even open up bigger and better opportunities that you never thought will be available to you.

You’ll need more business tips to survive the challenges brought about by the COVID-19 crisis, so here’s an infographic describing other novel ways that can help you adapt to the current situation.

How about you and your business?

How have you adapted, pivoted, or thrived during this challenging time?

I would appreciate your comments and experiences on the comment box below!

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When he is not busy watching "The Office", lounging at the beach, or playing 1st person shooting games, Argel consistently invests in the stock market, both local and global. He loves learning through books, training, seminars, and workshops. He also helps Pinoys create, manage, grow, and protect their wealth as a globally-certified Professional Financial Advisor. Get in touch with him by sending an email to contact[at]argeltiburcio.com

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