Business Trends To Continue Beyond 2021 | Push Digits Chartered Accountants

Business Trends To Continue Beyond 2021

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This past year and a half has been difficult for the majority of the business owners around the world. Due to the pandemic, many businesses were forced to adapt and be creative in order to overcome all sorts of different challenges which ultimately led to the emergence of a number of new business trends. Today, we’ll be discussing three trends that have grown in popularity over the past year and a half and will continue to do so in the future as well.

Rapidly Growing E-Commerce World

The lockdowns caused by the COVID-19 pandemic forced many businesses to shift their focus on selling their products online in order to compensate for lost in-person sales. However, many businesses were already planning to grow their online presence even before the pandemic started. On the other hand consumers also played a big role in accelerating the e-commerce trend as they took online shopping to a whole new level during mainly because majority of the stores were closed during lockdowns. Making your presence felt in the e-commerce world should be the prime focus of most business going forward as more and more consumers are adjusting to the convenience of shopping online.

Contactless Payment

The pandemic caused the world to go cashless and touchless. This trend of contactless payments is getting stronger with every passing day. Contactless payment offers customers a more flexible, quicker, and more convenient way to make payments. Customers can pay for their items using online prepay, tap-and-go cards and digital wallets. Once a customer has started using contactless payment, they’re likely to keep using it.

Businesses should switch to more digital options when it comes to accepting payment customers for their convenience and comfort and also to possibly make your bookkeeping easier.

Remote Working

One of the most important changes the pandemic caused was the widespread shift from working traditionally in offices to working from home.

Many businesses around the world are still working remotely from home as this not only helps in reducing costs but also give workers the opportunity to be more flexible as well as have more control and power over their schedules. The perks that working remotely offers, it seems that this trend is here to stay.

Due to the uncertainty surrounding Covid-19, and a widespread shift in temperament and attitudes of employees, it seems that remote working or mixture of working in office premises and remotely from home will last beyond 2021.

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