The Effects of the Coronavirus on Business
There are now over 2,000 cases of Coronavirus in the United States. If it continues to spread most people won’t want to leave their homes. Some places are already feeling the impact of the pandemic around the country. This is causing less and less business to be conducted in person. What will be the effects of the Coronavirus on business and how can you make the most of this decline of in-person business transactions.
The pandemic will affect different businesses in different ways. For example, food services have seen between a 40 to 70 percent decrease in business. Food industries seem to be feeling the effects the most while clothing brands, sporting goods, and boutiques are feeling it the least.
COVID-19 or as it’s more commonly referred to, Coronavirus is currently affecting businesses all over the country even if they don’t have any confirmed cases. This is due to the scare tactics that come with the pandemic. While there isn’t a lot to worry about, it is important to think outside of the box to help your business survive through these times.
Effects of the Coronavirus on Restaurants
How can you do this? Well, some good solutions would be taking business online and closing your brick and mortar shop for the time being. Doing this reduces overhead and allows for waiters to instead become delivery drivers. Equip them with masks and gloves, pay them mileage, and get them out there. It increases business and reduces the risk of Coronavirus spreading through your establishment or to your employees. You’re also effectively eliminating a certain amount of overhead since the restaurant and bar areas of your establishment aren’t functioning. The overhead cost to worry about is keeping the kitchen operational.
A great way to achieve this is by accepting orders online. Another option is making sure your online site is up to date with pictures of your food. It helps with visualization which will improve customer satisfaction when they’re ordering delivery. Having a website that is up to date is crucial for times like these. It will help take business online which can, in turn, help you get through the pandemic.
It’s not too late. This is only day two of the US being in a state of emergency. It’s still possible to adjust and not lose a lot of business due to the pandemic. If you’d like a to know what options you have then let’s schedule a free consultation. Let’s see what best fits your restaurant to help you continue bringing in money for your business while the Coronavirus is going on.
Effects of the Coronavirus on Retailers
Retailers are less effected than restaurants they are still being hit hard. While some restaurants are seeing a 40%-70% reduction in day to day business so are some retailers. A few Joplin owned and operated boutiques are seeing the effects already despite there not being a confirmed COVID-19 case yet. This is due to many people already preparing and trying to stay home. Some offices around Joplin have already been shut down. This extends to in-person meetings also. With a lack of traffic, it allows retailers to get creative.
For example, Amazon has shut its doors. It’s no longer possible to get prime shipping through Amazon. Some Amazon sellers still offer prime; however, it’s on a select few products.
A great way to take advantage of this is to create an online shop and give people the option of “same-day delivery” for local houses. Hire drivers temporarily to run supplies to customers. Make sure these drivers are wearing face masks and gloves to further ease customers. The effects of the Coronavirus on business is serious. Make sure you’re taking all the needed steps to ensure your customers are happy and risk-free.
If you didn’t want to do delivery, another option would be offering products online through an eCommerce platform. We can build or update your eCommerce platform to help you weather the storm. Let’s set up a free consultation today to see what the best move for your business is. Helms Media is working around the clock to help your business stay afloat and make money during this pandemic.
Effects of the Coronavirus on Service Businesses
Well, the service industry drew the short end of the stick when it comes to this pandemic. In-person contact is the main thing being limited right now. This could force you to not work or work from home.
The best way to work around these issues would be to work from home on remote work. You could also resort to making sales online or on the phone if you’re in marketing instead of meeting in person. Another way to have meetings could be through Zoom. It’s an online meeting space that’s free to use. Discord also recently removed their limitations to screen sharing and the number of people you can have in calls to help fight COVID-19.
Think Outside the Box
In the end, the effects of the Coronavirus on business will be a strong impact; however, it can be worked around. The key is to think outside the box and update your business model. Conduct as much of your business as possible online to reduce the risk of spreading the virus. Not only that, but increasing your chances of making sales and meeting with clients. Customers and clients will be more likely to use your business if you find a way around meeting in person and taking extra steps to protect them from the virus.
If you’d like to see what else you can do for your business then let’s schedule a free consultation and see what’s right for you. We’ve already begun working with multiple companies around Joplin, Missouri to get ahead of COVID-19 and stay ahead of it. Let’s tackle this issue together.
