The coronavirus chronicles: What pandemic business trends will prevail? | Millie F. Dizon

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

WE all talk about how Covid has changed our lives. And as we look forward to exiting the pandemic, we also realize that this massive global shake-up has come with practices that seem here to stay.

In an Inc.com article, These are the Pandemic Business Trends that are Here to Stay, Shama Hyder says that “in many ways, Covid has transformed businesses from the inside out, either accelerating changes that were already occurring or shining a light on changes that were long overdue.”

And now that the spell of customer loyalty has been broken, “companies that want to retain their customers need to put a laser focus on customer experience.” Companies are also realizing “that the way they manage data—how they structure processes and set up automation—can all be made more efficient and accurate through digital products and services.”

“There’s nothing like a broken global supply chain to make you appreciate the value of local business,” says Hyder. In the US, the Chamber of Commerce says that 75 percent of consumers were planning to shop more locally in 2022, for everything from food, to gifts, to business supplies. In the US, the industry grew from $1.7 billion in 2016 to $9.7 billion in 2020, a growth rate of 470 percent.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 19. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Prexy bets to invest more in education, address gaps as COVID-19 disrupts jobs marketPresidential hopefuls stress the importance of ramping up investments in education and providing more training opportunities especially to new entrants to the workforce, as the global health crisis hampers learning and development. PilipinasDebates2022 VP Leni is the only presidential candidate who recognizes that the country is undergoing a learning crisis, which has been exacerbated by the pandemic. Hence as far as education is concerned, she is the clear choice for President. 🌸🇵🇭
Source: CNN Philippines - 🏆 13. / 63 Read more »