As government has
advised to stay at home and completely shut down all the activities. This has
created a major Coronavirus impact in businesses
and in corporate world. As a result of lockdown, organizations have shifted
their work preferences to online. The peoples need to adjust with the demand of
time.
The lockdown situation
has taught us many new things, it shows us that our traditional business was not good for us as well as it
was quite hectic/ poisonous. There are
many changes in lifestyle get adopted by citizens.
Some
of the below points can take over the traditional methods:
Less
investment more saving:
In ancient times,
peoples used to save money for future use and does not spend on unwanted
stuffs. But the time changes and so the generation. The new generation does not
believe in savings and they lived on earnings with spending.
But this pandemic
corona virus has changed the living standard and citizens are focusing on
simple living. The lockdown has changed the way of living. The citizens are
focusing more on important stuffs and are not ready to spend on unwanted and
unnecessary things.
More
focus on local business:
As says, time changes
everything. So the thinking also changes over time. The humans were earlier
more indulge in doing business/ job outside their hometown, but this
coronavirus has bring family close to each other and they are not willing to
leave their homeplace and there lovable
family.
Due to sudden lockdown
the citizens were unable to go to their home and got stuck alone at work city.
As Indian Prime Minister said on
12th May 2020 speech, "Vocal For Local". this will boost the local
store sales locals will shop from nearby stores only.
Switch
to home delivery business ideas:
Social distancing is
must at this time and after wards also humans will keep this trend alive. And
they will carry on with social distance, will maintain hygiene, will keep their
hands clean, and many more.
The individuals will
not move outside their house without any important work. They will try to do
all things from home as possible. Such as they will order grocery, and other
supermarket stuffs online or from local vendors over call. And ask for contact
less delivery.
Business
of insurance / policies:
As health is at main priority
in 2020, this will call for more health insurance and policies and human beings
will focus more on that so the business in Insurance and policies will see
sharp increase in demand.
Investment
on fitness and health business:
The novel corona virus is attacking more to
the unhealthy body and on those whose immunity is weak and have some type of
disease such as diabetes, breathing problem, heart disease, cancer patients.
This will make the
humans focus more on their health and they will work towards it. Some of the
beneficial immunity boosters are yoga, pranayam, gyming, home workout, online
fitness classes, healthy diet, and immunity booster drink.
The healthy habits needs to be adopted by all. This prevent ones from getting diseases such as Blood pressure, Diabetics, Obesity, High cholesterol level.
That’s
all for now!
May 13, 2020
Tags :
Business
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