The COVID-19 pandemic has put all businesses to the test and, unfortunately, many won’t survive the lockdowns. But those that come through the other side are going to be in a tough position and it’s important for business owners to understand that things are never going to be quite the same again.
The world has changed and so have your customers. If you continue doing things in exactly the same way that you did before, you will struggle to stay afloat. Expectations are different and there are new challenges that must be addressed. So, your business needs to adapt and change to make sure that you fit in with the new normal. These are some of the biggest changes your business must embrace to survive.
New Working Practices
The majority of people were forced to work from home when the pandemic first started but now that people are being vaccinated and we are regaining control, it’s time to get back to normal, right? Actually, that might not be the best idea because surveys show that up to 40% of workers say they will quit and find another job if they are made to go back to the office full-time. Flexible working was already growing in popularity before the pandemic because it benefits everybody, but a long period of working from home has cemented that for everybody. The typical 9 to 5 is dying out and businesses that still insist on enforcing it will struggle to retain their best employees. So, be prepared to be more flexible moving forward and let your employees decide how they work most effectively.
Different Marketing Strategies
The way that customers interacted with businesses was changed by the pandemic and people’s priorities changed too. If you don’t adapt your marketing strategies accordingly, you will soon fall behind. Marketing veteran Joey Armstrong outlined the major differences in marketing in the new post-pandemic world, highlighting the need for a focus on saving money for the customer and taking a granular approach that targets a very specific subset of customers. Unless you change your approach to marketing and adopt these new strategies, your business is likely to fail.
Increased Focus On Health And Safety
Health and safety has always been important, even if it can be quite frustrating for business owners. However, there is an increased focus on health and safety in the wake of the pandemic, especially where hygiene is concerned. This is something that a lot of businesses didn’t consider before. Having an office cleaner come in once a week doesn’t cut it anymore. You need to make sure that you have all of the right distancing measures in place and you supply things like hand sanitizer. However, a lot of business owners mistakenly think that this will all go away after the pandemic is over. The thing is, illness is always a problem in a busy workplace and people will want some of these measures to stay. This also benefits you because you can reduce employee absenteeism and manage productivity.
As things move forward, it is important that your business adapts to the new normal if you are going to survive.