This pandemic Covid-19 is not sparing any country and business from its effect. It also unveils financial markets distrust, you will have suspicion and insecurity after knowing that tech giants are reaching high volume in markets. Why is Covid-19 not impacting online companies as much?
Those businesses which are already working on virtual models, have very less damage rather than other conventional ones (manual accounts with no online presence). These companies are getting gain in financial markets when everyone else is losing money and have fear of what will happen afterward.
The financial experts are not clear about this situation and fear that this crisis will prevail until the world finds its vaccine. On the other hand, medical experts are informing that the vaccine will be prepared and ready to use after 18 months. This one and half year cannot be spent at home doing nothing. The financial experts are also fearing that this will have more dangerous impact than the financial crisis of 2008.
Local businesses have to think of other means after watching tech giants and online companies. They have to get online and mobile platforms to sell products. Being a small shop owner you have to create a Facebook presence and online website to reach potential customers from sitting home. Smart shop owners already tried to display and sell products at home. This may be dangerous if you are not using social distancing and personal protective equipment (PPE).
The people who are ignoring Miss Rona (Corona-virus online name) and being Covidiot (idiot ignoring virus protective measures) not following health instructions may face dangers.
So, you have to use Digital Technology to reach buyers because this Covid-19 is not going easily. And you cannot make bread and butter sitting home idle. StorkAcc a company has been started near you to provide help. It will help you by making your accounting system computerised and ensure your online presence and target your customer by means of Artificial Intelligence.
Call us to get help and know how to evolve in this crisis situation.
Editing & Proof Reading By: Aziz Cheena
7 thoughts on “Why Covid-19 has less Effect on Online Companies?”
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