The current pandemic has not only affected humans but almost every business too. Therefore, during such times of crisis what should businesses do to minimize the losses. Read more at marketingmag.com.au
Brands need to focus on the supply chain management. The pandemic has affected supply chain management which will in turn will result in a delay in the delivery time. The pandemic has badly affected the online shopping sites.
Not only offline businesses but online businesses too have been largely affected. If the situation will continue then brands will have to shut down their business. Zara and Apple have already started to shut their business globally.
However, the recent social distancing will result in more time being spent by people online. Social ECommerce will become popular now.