COVID-19 has taken the world by a storm. Financial markets, manufacturing, services, and tourism have been hit hard. In fact, it has also changed the way we work, communicate, interact, and shop more than any other disruption in the decade.
As a result, there have been key changes in Consumer Behavior. There is the growing reluctance to visit crowded places, the increasing shift of work from office to home, and the higher propensity for digital adoption. The changes are inevitable. For businesses to stay relevant, businesses have to adjust to the new norms.
This presentation provides organizations a good understanding of the 10 trends in Consumer Behavior resulting from the impact of COVID-19 on people, society, and businesses in the global economy.
1. Mental Health
2. Hygienic Concerns
3. Travel
4. Remote Work
5. Personal Conflicts
6. Unemployment
7. Last Mile Optimization
8. Social Gatherings
9. Work-Life Cohesion
10. Certified Immune Status
With the 10 trends in Consumer Behavior, we will realize that traditional business models are now incompatible with the challenges the world is facing now.
This deck also includes slide templates for you to use in your own business presentations.
The post-COVID-19 era will usher in a Low Touch Economy, characterized by reduced close-contact interactions, tighter travel, and heightened hygiene measures. Businesses must adapt to these new consumer expectations by embracing remote work, optimizing last-mile delivery, and ensuring stringent health protocols. The PPT outlines how these shifts will redefine operational strategies and consumer engagement.
Entrepreneurs and business leaders must pivot quickly to stay competitive. This presentation provides actionable insights and practical templates to help you navigate these unprecedented changes. Understanding these trends is crucial for developing resilient and flexible business models that can thrive in the new normal.
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Source: Best Practices in Value Creation, Customer Behavior, Retail Strategy, Coronavirus PowerPoint Slides: COVID-19: 10 Trends in Consumer Behavior PowerPoint (PPTX) Presentation Slide Deck, LearnPPT Consulting
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