Study on the Adjustment Strategies of Businesses in the Retail Industry after the COVID-19 Pandemic

At the start of 2020, the mysterious coronavirus, COVID-19, started its journey in Wuhan, China. It quickly spread across China due to the massive transportation during the Chinese New Year. The virus then takes opportunities to get into Asia and later the whole world. Lots of people, with no prior...

Full description

Saved in:
Bibliographic Details
Main Author: Chen Zhijing
Format: Article
Language:English
Published: EDP Sciences 2024-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2024/27/shsconf_icdeba2024_01022.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1846125694378049536
author Chen Zhijing
author_facet Chen Zhijing
author_sort Chen Zhijing
collection DOAJ
description At the start of 2020, the mysterious coronavirus, COVID-19, started its journey in Wuhan, China. It quickly spread across China due to the massive transportation during the Chinese New Year. The virus then takes opportunities to get into Asia and later the whole world. Lots of people, with no prior knowledge to protect themselves, got infected, and many of them died due to its serious complications. This created problems for every industry as lockdowns were happening and lots of transaction opportunities were blocked. This investigation, mainly conducted by diving deep into a real-world business and reflects on its performance, aims to point out effective changes in marketing strategies for companies in the retail sector after COVID-19, hopefully helping them to adjust their focus and follow up with new changes. Strategies that companies could use include a shift of focus from offline to online, specifically in advertising and shopping, promotions, and local supply chains.
format Article
id doaj-art-7eb529d8bcf746b7b793c1e67a2043d6
institution Kabale University
issn 2261-2424
language English
publishDate 2024-01-01
publisher EDP Sciences
record_format Article
series SHS Web of Conferences
spelling doaj-art-7eb529d8bcf746b7b793c1e67a2043d62024-12-13T10:10:39ZengEDP SciencesSHS Web of Conferences2261-24242024-01-012070102210.1051/shsconf/202420701022shsconf_icdeba2024_01022Study on the Adjustment Strategies of Businesses in the Retail Industry after the COVID-19 PandemicChen Zhijing0American International School of GuangzhouAt the start of 2020, the mysterious coronavirus, COVID-19, started its journey in Wuhan, China. It quickly spread across China due to the massive transportation during the Chinese New Year. The virus then takes opportunities to get into Asia and later the whole world. Lots of people, with no prior knowledge to protect themselves, got infected, and many of them died due to its serious complications. This created problems for every industry as lockdowns were happening and lots of transaction opportunities were blocked. This investigation, mainly conducted by diving deep into a real-world business and reflects on its performance, aims to point out effective changes in marketing strategies for companies in the retail sector after COVID-19, hopefully helping them to adjust their focus and follow up with new changes. Strategies that companies could use include a shift of focus from offline to online, specifically in advertising and shopping, promotions, and local supply chains.https://www.shs-conferences.org/articles/shsconf/pdf/2024/27/shsconf_icdeba2024_01022.pdf
spellingShingle Chen Zhijing
Study on the Adjustment Strategies of Businesses in the Retail Industry after the COVID-19 Pandemic
SHS Web of Conferences
title Study on the Adjustment Strategies of Businesses in the Retail Industry after the COVID-19 Pandemic
title_full Study on the Adjustment Strategies of Businesses in the Retail Industry after the COVID-19 Pandemic
title_fullStr Study on the Adjustment Strategies of Businesses in the Retail Industry after the COVID-19 Pandemic
title_full_unstemmed Study on the Adjustment Strategies of Businesses in the Retail Industry after the COVID-19 Pandemic
title_short Study on the Adjustment Strategies of Businesses in the Retail Industry after the COVID-19 Pandemic
title_sort study on the adjustment strategies of businesses in the retail industry after the covid 19 pandemic
url https://www.shs-conferences.org/articles/shsconf/pdf/2024/27/shsconf_icdeba2024_01022.pdf
work_keys_str_mv AT chenzhijing studyontheadjustmentstrategiesofbusinessesintheretailindustryafterthecovid19pandemic