No online channel means no business
One of the things that this crisis has clearly demonstrated, is the importance of online communication. Of course, there are many entrepreneurs who have their online communications well-managed. But there are many with their backs against the wall as well, for example because their business had to close, and investments have never been made in an online channel. As physical contact with customers is not possible, there is no alternative, and no solution.
Wrong assumptions and cold feet
In many cases, wrong assumptions that there is plenty of time to look into the online channel or cold feet have prevented businesses from working on this subject. They think, for example, that it’s a very expensive or complex matter. This may have been the case in the early years of e-commerce, but there are currently many easy-to-use solutions and tools available for creating online communication with customers. It is as easy as installing a new POS system or getting a telephone subscription. Of course, investments are needed, and technical matters have to be arranged, but that is nothing compared to the damage that companies incur now that they are completely locked down.
Wakeup call
I expect the current situation to be a wakeup call for many companies to start working on the online channel. Not as a single channel, but as an additional opportunity to reach and serve customers. My advice is to start small, experiment, gain experience and continue from there. You don’t have to be able to do everything exactly right from the start. Compare it to opening a new store or branch, which many entrepreneurs already have experience with. Think of the online channel as a new location. As with a new physical store, a webshop also involves looking for the best interior design and layout at the start. By trying and experimenting you learn what works and what doesn’t. And I’m not talking about technology, but just about which model does and does not appeal to customers.