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Steve
by on June 12, 2020
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We are entering a new economy, filled with new business models and many fears of the uncertain. What once was pre-Covid is no longer. Buyer spending habits have changed, job types have changed, and the entire outlook on our daily way of life has changed. But with many uncertainties brings many new opportunities for both businesses and consumers alike. Unemployment is at an all-time high, which not only makes the crime rate go up, but also creates a sense of desperation among many people. As soon as the unemployment runs out for almost half the nation, things will drastically change and have long lasting effects. Churches near me will become the new search term among people looking for salvation from the terrible crime rates. Companies will need to invest heavily in their internal digital technologies that run their business to ensure that every last dollar is accounted for. Not one stone can remain unturned when it comes to optimizing every aspect of revenue generation. Right at the onset of Covid-19 and the nationwide quarantine orders, many businesses were forced to make their employees work from home. IT support services were needed for remote workers quickly, so the need drastically increased overnight. Contracting businesses such as landscaping, solar companiesconcrete contractors, fence building, painting, and home renovation have seen a huge uptick since the pandemic. When I mentioned opportunity, this is only the beginning. During the pandemic, personal trainers and other health companies saw explosive growth as well due to the sudden need to workout from home. It wasn't only the weight machines and dumbbells flying off the rack, bodybuilding supplement companies also did very well as people retreated indoors to get their workouts completed. Even online sellers like those selling patriotic clothing, alkaline water, and other products/services were greatly impacted positively. Once we get into the clear, digital marketing and SEO agencies are able to bring companies into the digital age and increase revenue with the new way of doing business. The types of businesses we see today will mostly be either gone or changed entirely. With people getting used to products delivered straight to their homes and curb-side pickup for virtually everything, companies will need to adapt to this new requirement. For the companies that can't adapt, they will become a thing of the past.
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