With company’s wanting to cut the size of the office and giving large scale physical options to remote work culture and people moving back to their hometowns during pandemic has made many businesses to re-think the model and the opportunity.
Now since people have moved back to hometowns and since many do not get their desired brands some of them opt for starting new business in B and C towns. Things might take time to return to normal until the vaccine is ready to be used. However, the sale of 2 wheelers and bicycles have gone up for commuting and for exercise. Things have moved from big spends to small spends.
However, business needs to move on, and life must become normal in the course of time. With the new medical policies of the government to push the need for Ayush based clinics and medicines. I stongly believe Kerala will have great push toward Ayurveda and many companies are venturing into its medical stores and other allied services.
A change in the education system is expected and now since people have started looking at on-line education, many companies have moved from campus education to online education, on demand and any time studies is the new normal, and this will disrupt the education industry. A good example is Byju’s and seeing them many other brands have floated their services, Veranda Learning Solution, CK (Cloud Kampus) by CADD Centre, Teacher online, iLearnU and many other companies will be franchised, and many computer centres will become study centres or will become delivery or point of sale centres in the future, hence the Edu -Tech opportunities will become in the future.
During this pandemic, many retail companies have shut down their non-performing stores and relocated them to a place of doing good business and many of them have resized the store size. In my opinion the future will have fulfilment centres or the last mile delivery points to help reach more customers in the days to come.
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