Adapting business models to rebuild in tough times

  • 📰 staronline
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 75%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Many small businesses were forced to close due to the pandemic as they struggled to adapt to the challenges.

AS the Covid-19 pandemic swept across the globe, its social and economic impact rippled across Malaysia.Amid the hardship and uncertainties, non-governmental organisation Vision to Transform stepped up to empower underprivileged communities with income-generating skills through entrepreneurship and digital exposure.

Vision 2 Transform trainer Nurfarahi Nabilah Mohd Azmi guiding participants through the customer analysis module.Beneficiary Sharifah Othman, 57, was faced with a dead end when she attempted to reopen her wellness centre that was forced to shut down during the pandemic. Upon completing the training, Sharifah’s income skyrocketed by 380% after she diversified her business and employed online marketing strategies.

“With a better sales strategy leveraging on various marketing methods, I managed to get new customers. “Because of my shyness, I have resorted to making and selling pickled fruits the old-fashioned way for the past 40 years.“With the programme, I learned how to better manage my business and even started promoting my products on ecommerce platforms.”Her average monthly sales recorded an increase of 300%, allowing her to save up for her daughter’s education.

 

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

 /  🏆 4. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

TT Vision sees good growth potential in overseas market this yearGEORGE TOWN: TT Vision Holdings Bhd (TTVHB), an inspection equipment provider in the semiconductor industry, sees good growth potential for its overseas market.
Source: staronline - 🏆 4. / 75 Read more »