With so much purchasing going online due to Coronavirus, what's happening with your revenue?
Has your revenue changed as a result? In what ways? What are you doing as a result to increase it or continue the upward trend?
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Has your revenue changed as a result? In what ways? What are you doing as a result to increase it or continue the upward trend?
Answers (1-10)
I am fortunate to represent a 35-year-old Health and Wellness Manufacturer. We offer online shopping, home delivery, and over 500 products that are manufactured green. Now more than ever people are concerned about their health. At our store, you will find science-based nutritional supplements, gut health, and condition-specific products that will keep your Immune System amplified. We also carry Sports Nutrition, Personal Care, Essential Oils, Skin Care & Cosmetics, and an ECO Sense line of home cleaning and laundry, including an EPA registered Disinfectant.
Membership has increased dramatically due to the surge in online consumer demand. Our 98.1% reorder rate speaks volumes to the value of our brand. Because our company is built by customers who love our products, referring customers makes sense to create a recession-resistant plan B Residual Income. My focus during this situation has been on helping people with their wellness needs, whether it be physical environmental, personal, or financial.
I am so fortunate to run an in-home business that deals with Health and wellness. My business is booming since everybody is concerned with their immune health. I am doing more zoom calls and meetings to reach people and answer questions. I also am bringing new distributors into my busines my business and training them . Great opportunity for all.
Covid-19 encouraged us to put a sale on the 10,000 items we have on ebay, (username: canadacollect). Sales have been up just over 50% for the last two months. It's a good thing that we're happily nestled into our little paradise in the country and not getting close enough to infect anyone... We are feeling guilty that our circumstances are so fortunate..
I am into tourist lodging, call short term rental. Into my province right now it is prohibited to rent until further notice.
But, we have a lack of temporary lodging dùe to delays in residential construction. So, I contacted business owners and I rented all my properties to their customers waiting their properties to be ready.
We have a very developed website that our customers always use but with curb-side delivery, it was extremely helpful for new customers to find products.
Our online will continue to be a huge revenue generator for us because we will still offer curbside service going forward even when we are allowed to open next week for in store shopping.
It is our opinion that in store shopping will drop to only 50% of our revenue as consumers shopping habits have changed drastically due to this virus. We are also looking at the size of our retail stores going forward and if we actually need as much space.
Revenue definitely has gone down significantly for us (harder to market and people are concerned about losing their jobs). We normally do in home and mobile fitness training but we are now offering Virtual Personal Training (VPT) and can truly train people no matter where they are (as long as they have an internet connection. Check us out at https://www.gymguyz.com/southwest-portland-or/ and let us know if you or anyone you know needs some VPT
Our network marketing business is 100% on line so nothing has changed there. Sales are up due to our high impact health and wellness product line. More people have decided to make a lifestyle change in order to combat the virus and the results are we have definitely seen an increase of new customers and additional orders from our regulars.
Our catering business have only seen a 10% online growth, we are planning to grow that trend but for catering that's a bit tricky. We are holding our own and have not gotten to that panic point as yet.
We are an online business, or over the phone and with no walk ins, as usual.
Our vendors and customers have been hit hard because of missing their normal spring and early summer events
Stay healthy and best of luck to you all... wash those hands and DO-NOT touch your face, before washing those hands!
I teach an all day seminar monthly which is not happening. But I’ve sold paintings online.
As a Singing and Voice Instructor, I’ve transitioned all of my lessons to online and it’s worked very well. I’ve also created online voice training courses and have gotten even more students.