COVID-19
What your business needs to survive during a pandemic
Home » SME Banking » What your business needs to survive during a pandemic
Like it or not, the global economy is currently facing a major crisis that could get deeper or drag on longer than anticipated. With social distancing and isolation being the preventive measures put in place to curtail the spread of the seemingly escalating pandemic; malls, supermarkets, stores, non-essential markets and several local businesses and companies are being forced to shut down.
As an entrepreneur or business owner, what does this mean for your business? How do you keep your business afloat at these times? There is no denying that many businesses and companies will struggle and perhaps suffer a profound blow here.
However, well-grounded businesses who are leveraging digital presence to offer their services and deliver have a huge advantage. With online marketplace being the only succour for delivery of essential items during this pandemic, there has been an astronomical increase in demand.
Related Article: COVID-19: Growing Your Business Despite the Potential Threats of A Pandemic
Expectedly, customers are increasingly turning to online shopping on ecommerce platforms due to the lockdown and isolation measures; to get groceries, household items, gadgets, and other essential commodities. So if you have been a traditional retailer, operating a brick and mortar store and relying on face to face transactions, this is the perfect chance to make a transition into the digital space and get your business the support it needs in this challenging period.
For this, the UBA online market place for merchants and SMEs is exactly where your business needs. It provides the best ecommerce solutions and support ranging from customer acquisition, brand management promotion, increase in sales revenue, access to logistics services and all other services your business needs to thrive amidst the ongoing pandemic.
With your shop on UBA marketplace, you also get to easily connect and transact with millions of customers across the country without leaving the comfort of your home.
Customers are relying solely on online businesses to get the products and services they need in order to get by while at the same time trying to stay safe.
Open an SME account with UBA today and let your customers know you are still open for business.