{"id":1583,"date":"2021-04-09T06:52:21","date_gmt":"2021-04-09T06:52:21","guid":{"rendered":"http:\/\/localhost\/hashstudioz\/?p=1583"},"modified":"2025-09-04T16:26:17","modified_gmt":"2025-09-04T10:56:17","slug":"is-this-an-opportunity-to-realign-the-business-post-covid","status":"publish","type":"post","link":"https:\/\/www.hashstudioz.com\/blog\/is-this-an-opportunity-to-realign-the-business-post-covid\/","title":{"rendered":"Is this an opportunity to realign the business Post COVID?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Life changed for everybody as a result of the COVID outbreak. On the one hand, it had a major effect on people&#8217;s social lives. Other companies, especially small businesses saw a significant drop in their turnover sales. When they followed the conventional business model. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lockdown was seen by some companies as an incentive to get their hands dirty and start changing their businesses. \u201cIn India, small companies are remodeling right now. Their business plan is to keep and gain new customers. By using digital platforms and applying rigor to grow their online presence. They will gain more market share.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1060\" height=\"707\" src=\"https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-1-1060x707.jpg\" alt=\"Business \" class=\"wp-image-1587\" srcset=\"https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-1-1060x707.jpg 1060w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-1-300x200.jpg 300w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-1-768x512.jpg 768w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-1.jpg 1200w\" sizes=\"(max-width: 1060px) 100vw, 1060px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Today&#8217;s businesses strive to work in lean and agile ways. It operates on the basis of a hybrid model of traditional brick and mortar stores. In addition, in the post-pandemic era, there is a greater emphasis on online presence. In 2021, the latest mantra in India and elsewhere is to concentrate on digital channels and sell directly to customers.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1060\" height=\"707\" src=\"https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-2-1060x707.jpg\" alt=\"Business \" class=\"wp-image-1589\" srcset=\"https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-2-1060x707.jpg 1060w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-2-300x200.jpg 300w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-2-768x512.jpg 768w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-2.jpg 1200w\" sizes=\"(max-width: 1060px) 100vw, 1060px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">As a result of the pandemic&#8217;s sales trends, businesses have proved to be much more resilient than we would have anticipated. Merchants who developed an online presence during the pandemic now have a clear understanding of consumer behavior and buying patterns. It&#8217;s not all about this pandemic; lockdown reminded companies that in order to remain ahead of the competition, they must continue to focus on differentiators and innovate.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1060\" height=\"707\" src=\"https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-3-1060x707.jpg\" alt=\"Business\" class=\"wp-image-1590\" srcset=\"https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-3-1060x707.jpg 1060w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-3-300x200.jpg 300w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-3-768x512.jpg 768w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-3.jpg 1200w\" sizes=\"(max-width: 1060px) 100vw, 1060px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Businesses need to continuously upgrade their product offerings and have to become more agile to experiment and remodel their operations to remain efficient. With this new surge in e-commerce and online presence, India is changing gears quickly to protect the customer\u2019s rights as the number of customers purchasing online is now increasing every minute.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.hashstudioz.com\/blog\/leading-iot-gateway-maufacturing-company\/\">HashStudioz Technologies: A Leading IoT Gateway Manufacturing Company<\/a><\/p>\n<\/blockquote>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.hashstudioz.com\/blog\/is-this-an-opportunity-to-realign-the-business-post-covid\/#According_to_the_recent_report_published_by_J_P_Morgan\" >According to the recent report published by J P Morgan:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.hashstudioz.com\/blog\/is-this-an-opportunity-to-realign-the-business-post-covid\/#Post_COVID-19_here_are_some_interesting_statistics_to_look_at\" >Post COVID-19, here are &nbsp;some interesting statistics to look at:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.hashstudioz.com\/blog\/is-this-an-opportunity-to-realign-the-business-post-covid\/#Road_Ahead\" >Road Ahead<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.hashstudioz.com\/blog\/is-this-an-opportunity-to-realign-the-business-post-covid\/#How_Can_We_Help\" >How Can We Help!<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading has-vivid-cyan-blue-color has-text-color\"><span class=\"ez-toc-section\" id=\"According_to_the_recent_report_published_by_J_P_Morgan\"><\/span><strong>According to the recent report published by J P Morgan:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India is one of the fastest-growing e-commerce markets, and one with the greatest untapped revenue pools globally.<\/li>\n\n\n\n<li>Increased bandwidth availability, affordable data plans, and increased awareness driven by government programs are rapidly bridging the digital gap between urban and rural India.<\/li>\n\n\n\n<li>India is sharpening its customer protections in an effort to regulate its burgeoning e-commerce market and to offer consumers a sophisticated customer experience in line with more developed Western e-commerce markets.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-vivid-cyan-blue-color has-text-color\"><span class=\"ez-toc-section\" id=\"Post_COVID-19_here_are_some_interesting_statistics_to_look_at\"><\/span><strong>Post COVID-19, here are &nbsp;some interesting statistics to look at:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Shopify published a report Future of Commerce 2021. That marries global merchant and consumer data to predict how the commerce landscape will shift in the coming year. The report aims to capture the shopping habits of consumers around the world to the evolution of running, marketing, and funding an Omnichannel business today.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Shopify after analyzing data from more than one million merchants around the world and insights from their customers, this first annual Future of Commerce report reveals five key predictions for businesses in 2021 and beyond<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1. Young consumers will be the game changers in the business landscape<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2. Physical retail will give local businesses new advantages.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3. Consumers want to shop independent. Businesses will adapt to make that easier.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">4. More consumers will use wallets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">5. Financial solutions could disrupt business and consumer banking, financing, and lending.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to Statistica report more than 5, 00,000 new companies registered across India. In FY 2020 in the area of business services and trading alone. According to another report published by Globe Newswire, &nbsp;The Indian Digital payments industry still has a lot of potentials to grow<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Mobile payments are expected to grow at 58% CAGR to reach INR 245 Tn by FY25.<\/li>\n\n\n\n<li>This growth will be driven by <\/li>\n\n\n\n<li>P2M Market (merchant payments) currently stands at INR 4 Tn and is expected to grow at 52% CAGR to reach INR 33 Tn by FY25. <\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-vivid-cyan-blue-color has-text-color\"><span class=\"ez-toc-section\" id=\"Road_Ahead\"><\/span><strong>Road Ahead<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>According to some reports. The Indian E-commerce industry is on its way to becoming the second-largest E-commerce market in the world by 2034. Digital payments, logistics, AI-driven customer engagement, and machine learning algorithms will likely support the growth in the sector. The rise in smartphone usage as evident during and post lockdown is expected to continue the momentum to reach over 850 million by 2022.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The E-retail market is expected to continue its strong growth &#8211; over the next five years. The Indian e-retail industry is projected to exceed ~300-350 million online shoppers.<\/li>\n\n\n\n<li>COVID-19 in one way has acted as a silver lining for eCommerce businesses, as it now became evident. That digital payments have got a wider acceptance. In some surveys, users showed their reluctance to completely switch back to cash as a method of transaction.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-vivid-cyan-blue-color has-text-color\"><span class=\"ez-toc-section\" id=\"How_Can_We_Help\"><\/span><strong>How Can We Help!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.hashstudioz.com\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1060\" height=\"707\" src=\"https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-4-1060x707.jpg\" alt=\"Business \" class=\"wp-image-1593\" srcset=\"https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-4-1060x707.jpg 1060w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-4-300x200.jpg 300w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-4-768x512.jpg 768w, https:\/\/www.hashstudioz.com\/blog\/wp-content\/uploads\/2021\/04\/Image-4.jpg 1200w\" sizes=\"(max-width: 1060px) 100vw, 1060px\" \/><\/a><figcaption class=\"wp-element-caption\">Hashstudioz Technologies<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>HashStudioz Technologies Pvt Ltd<\/strong> is a leading <a href=\"https:\/\/www.hashstudioz.com\/\">product development company<\/a>. Set up a goal to enable Startups and Enterprises in embracing technologies. And provide the best class user experience and highest value to the customer. We work relentlessly to help organizations adopt new technologies. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Help them automate and streamline their processes or offerings using cutting-edge technologies. We want our clients to focus on tapping additional revenue. While we work as an enabler to provide the best quality go-to-market solution in the least possible time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We are a team of highly skilled technology experts. In <a href=\"https:\/\/www.hashstudioz.com\/blockchain-development-company.html\">blockchain<\/a>, cloud, mobility, e-commerce, web application development &amp; automation. Our portfolio includes some products that we successfully developed for the travel sector, the <a href=\"https:\/\/www.hashstudioz.com\/iot-development-company.html\">Internet of Things<\/a>, B2C applications, B2B solutions, a marketplace for health services and consumer goods.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.hashstudioz.com\/our-team.html\">Our team<\/a> comprises skilled designers, developers, analysts, programmers, testers. Also domain experts, specialists, project and program managers, and evangelists. Who work together to develop applications that are then used by millions of consumers worldwide. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We take pride in the quality of delivery. And our biggest asset is the smile that we bring to the face of our customers. Which motivates the team to go the extra mile each time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our team is skilled to work globally while closely working with our clients spread across Australia, the US, Canada, UK. Apart from our large client base in India.<\/p>\n\n\n\n<div class=\"closing-box\">\n<p>Feel free to reach out and <a href=\"https:\/\/www.hashstudioz.com\/contact.html\">connect<\/a> to discuss how <a href=\"https:\/\/www.hashstudioz.com\/\">HashStudioz<\/a> can help you with the next turnaround story of your success and help you to open up new avenues for your business.  There is no better time than doing it now as things are settling down in the right direction after the recent disruption due to the COVID-19 pandemic. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Life changed for everybody as a result of the COVID outbreak. On the one hand, it had a major effect on people&#8217;s social lives. Other companies, especially small businesses saw a significant drop in their turnover sales. When they followed the conventional business model. Lockdown was seen by some companies as an incentive to get [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":1585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[7],"tags":[],"class_list":["post-1583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile-apps"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Is this an Business opportunity to realign the business Post COVID?<\/title>\n<meta name=\"description\" content=\"We are a team of highly skilled technology experts in the area of blockchain, cloud, mobility, e-commerce. 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