Morey Manor International Marketing & Management

Lessons Learned from Covid-19 – Looking Ahead

[The articles on this website were written based on my vast experience in the field. However, in no way do they provide textbook solutions, a recommendation, or a call to action with a specific approach]

The world is slowly emerging from the Covid-19 pandemic, battered and injured.

There are a number of actions that must be taken:

Exporters – stay in touch with your clients – guarantee supply dates, find out how they’re coping with the situation, and resolve all overdue payments.

Continue promotion activities from Desk Job since there will be less international flights, and less exhibitions.

Take advantage of the digital medias.

Importers

Make sure that suppliers are providing your orders, arrange your payments and make sure they survived this crisis.

Identify new suppliers and try to diversify your supply resources, so that they’re not only from China.

Service Providers – increase your work on digital media. In China this is the Year of the Mouse. In the Western world this is the Year of the Zoom.

Logistics – there will be some changes in schedules and frequency and you must keep your finger on the pulse.

General

There are areas that will be hit hard in the short term and will recover in the mid and long terms.

There are also opportunities to develop new products and services as both developers and suppliers for the developers.

You can also expect government budgets in most countries that will inject money in their economies