Covid:19
10 ways Covid-19 has changed the Housewares industry forever
The consequences of Covid-19 will impact on every individual across the globe. At present, the future for many looks uncertain, but there is some inevitability about the changes to how the Housewares industry will do business. Here are 10 likely consequences of the Covid-19 pandemic to the industry
Death of the trade show? Trade shows within the industry have been a staple for many years. However, the Covid-19 pandemic has shone a light on the extensive travel schedule for many, and the high cost and high time outlay of shows may see some companies within the industry examine the necessity of some trade events. There’s obviously an importance in having that personal touch when doing business, but expect to see the acceleration of less global events, where staff have to take a week out of their schedule to attend. Trade organisers may need to adapt to survive. Expect more online seminars and virtual meetings, and we look on with interest at how the digital editions of Exclusively Housewares and others develop in 2020.
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housewareslive.net
Reducing carbon footprint In the past two years there has been a growing call for businesses and individuals to be more mindful of its carbon footprint. Over the past few months, many businesses have had to adapt to less global travel to meet customers and conduct business, which usually results in significant expenditure when factoring in travel, accommodation, subsistence and entertaining. With modern forms of communication, businesses have realised that video calls, and the likes of Zoom and Microsoft Teams, are useful tools to conduct meetings, and still ensure that personal touch. Business hasn’t grinded to a halt like some were expecting. Expect to see these trends intensify in the coming years, with the added bonus of reducing carbon footprint.
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HousewaresLive.net
Increase in flexible working On the administration and office based side of the industry, Covid-19 has brought the working from home revolution to many that had previously not experienced it. So far, many have enjoyed the reduction in time spent travelling to the office, and flexibility to their day; particularly those with young children. For those already advocating flexible working, the impact on day- to-day business life has been reduced compared to those advocating a ‘bums on seat’ approach. With the changing demands of family life and the modern world, expect to see working from home becoming the norm for many, or at least part of their working week.
Diversification is key Retailers that have been slow off the mark
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twitter.com/Housewaresnews July/August 2020
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