The first quarter of 2021 is over, and many businesses are recovering from 2020 one of the most challenging years in business. Some business owners were devastated and were not able to shift thoughts and processes to stay open or adjust to a new way of doing business. They closed their doors for good.
Not all is lost. These businesses and many more have gone outside the box to create opportunities to grow by creating new ways of thinking and delivering business. As businesses start to return to some sense of normal, some of these business strategies will continue. These new services will increase revenue and market share.
Event planners, keynote speakers, and conference centers no longer had events that drew in crowds. Some keynote speakers became certified virtual speakers and conference planners figured out how to how to prepare for virtual and hybrid events. Conference centers adjusted their space planning and technology to host hybrid events featuring in-person and virtual opportunities.
Restaurants pivoted and began offering curbside pickup, bundled meals for special occasions and more. A local winery increased its wholesale business by expanding its reach into multiple Giant Eagle and Walmart locations. This action allowed them to stay afloat during mandated restaurant closure.
A furniture company created an office in a box as many people shifted to home offices. They developed products that shipped easily keeping in mind what someone would need for a home office setup.
Regular networking groups offered zoom and hybrid meeting options to keep members engaged and referrals flowing. As a result of more remote office work, people are picking up the phone more to make a connection.
National Small Business Week is May 2-8, 2021. Are you planning to highlight the event through customer loyalty programs, special sales, employee recognition, aligning with other small businesses and more?
Perhaps you’re stuck in a rut and need a strategy session to get you going strong again. As you move into the 2nd quarter of 2021, how is your business positioned to continue to recover, adapt and be innovated to grow in 2021?
Need some inspiration? Our strategy sessions are designed to guide you to new ways of thinking and business growth. Email us to schedule your session today.
About the author: Autumn Edmiston is the CEO and owner of the Edmiston Group. The Edmiston Group is a multifaceted Pittsburgh based marketing consulting firm providing senior-level marketing management services to businesses and non-profit organizations on a short or long-term basis. Core areas of service are business development strategies, website creation and management, social media management, marketing, strategic planning, and public relations. The Edmiston Group has consistently delivered and implemented real-world, proven business marketing ideas and strategies for business.