Sami Wunder, whose dating and relationship coach business nets seven figures, was tempted to cease selling while the world was hurting during the coronavirus crisis. But a grateful customer who mentioned she now wasn't spending the lockdown alone made Wunder realize that she's offering an important service and that "this isn't the time for a leader to step back; it's time for leaders to step up, give more and sell more."
Sixty-six percent of more than 500 founders of venture-backed startups surveyed by The Kung Group said they planned to limit office space. Even after offices reopen, 71% said they would let employees continue working from home.
The uncertainty around the pandemic crisis means marketing efforts need to be agile, writes Gregg Schwartz. "Think critically and strategically about what the new pain points are, and make sure your marketing strategy and sales pitch can keep up," he writes.
Employers should be aware of potential litigation risks as they make plans to reopen their businesses and call their employees back to work, write attorneys Stacey Bowman, Brittany Falkowski, Anne Mayette and A.J. Weissler of Husch Blackwell LLP. This article outlines the top five claims facing employers -- including symptom monitoring and privacy laws -- and what they can do to mitigate those risks.
US same-store sales increased 14% in the first two months of Domino's second quarter. CEO Ritch Allison cited customers' preference for carryout and delivery, while noting that "we are not sure whether this trend will continue for the remainder of the second quarter or how long this tailwind may last."
Flexibility and the ability to free up cash will drive successful restaurant reopenings, writes Simon de Montfort Walker of the Oracle Food and Beverage Global Business Unit. He explains how restaurants can navigate cost-cutting decisions as well as staffing, delivery and supply chain issues.
Women entrepreneurs such as Credo's Annie Jackson and Bite Toothpaste Bits' Lindsay McCormick already have recognized how important sustainability is in today's business landscape. Katie Klencheski, founder of SMAKK Studios, explains four ways to bring a business on board.
Retailers that had been ramping up in-store experiential retail before the pandemic will be pivoting to digital experiences to stay connected with customers wary of returning to stores, Lionesque Group founder Melissa Gonzalez said. "It's about how do we empower shoppers more ... their phone is literally the remote control to chose your own adventure," she said.
Touchless technologies, prearranged security screenings and new sterilization systems are among anticipated technologies airports will bring on line in response to the coronavirus pandemic. More spacious terminals and health threat detection are also anticipated trends.
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