May 23, 2020 7 min checked out Viewpoints revealed by Business owner contributors are their own.

From the start of the COVID-19 crisis, I only saw one alternative for our business: we weren’t going to take it on the chin and resign ourselves to pressing time out for the year. We quickly and unequivocally picked to reconcile the circumstance, working proactively to mitigate the unfavorable impact on our

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> 7 Ways to Build Customer Trust Naturally By having a clear, yet fluid, plan for the next few months, we are all empowered to work within the same framework, the same understanding. This clarity from

Data reveals boosts in costs on video gaming, music and video streaming, food shipment and meal sets, house enhancement and basic

forecasting for the rest of the year. Stage 2: Aspirational purchasing

We’re currently seeing some overlap begin in between these two phases, which is incredibly motivating for any ecommerce company. I expect phase two really taking hold when it appears we’re past the peak when individuals are seeing the light at the end of the tunnel.

There is substantial power in being able to anticipate something. A vacation, a sporting occasion, a concert, a red carpet best … and specifically now. The process of preparation and anticipating an amazing event can assist individuals handle the current truth. By this phase, we’ll all have more self-confidence that these things will really occur, and planning something makes it that a lot more genuine.

Related: Breaking Down the Customer Buying Process (Infographic)

Understanding that this stage is coming up soon can help companies believe proactively and prepare to take full advantage of chances. For some, this phase might suggest ticket getting for 2021 occasions, increased

COVID-19 And the Resulting Shift In Marketing Trends

This is also when nonprofits’ needs are going to be larger than ever. We must all be all set for this moment. For us, this implies using those Q2 and Q3 stages of unpredictability to strategize and put things into place to be prepared for this boom. From a pure business point of view, naturally, everybody wants to leverage this time to catch up and make up for lost revenue. For Charitybuzz, we feel that requirement two times as, as the funds we are raising are for non-profit companies– a group arguably most impacted by the economic tension of COVID-19.

None of us can anticipate the future, it is our responsibility as leaders to set an informed, understandable vision in the middle of a crisis. Our groups are seeking to us to instill self-confidence and light the course ahead. Not just will you reduce the negative results in the moment, but your candor and proactivity will likewise set the stage for a more effective team and business going forward.

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Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.