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Learn From 2020, and Make 2021 The Best Business Year, Ever!

In today’s article, we will be covering what we have learned from one of the most unprecedented years in recent times – and what we can take forward into 2021.

Last year has turned the world as we know it upside down – especially when it comes to the world of business, which will most likely never be the same again. But fear not – this can be a good thing, and many of the new business aspects which we have had to adapt to in 2020 have accelerated much-needed innovation and taught us how to be more resilient when facing change.

Trust and honesty are valued as imperative to healthy company culture and are key to business success. With the uncertainty which we have faced in the previous year, many businesses had to switch to an ever more customer-centric way of operating. This meant learning how to generate and reinforce company-wide trust, prioritising forging high-value relationships.

Many of us had to broaden our horizons and adapt not only to the worldwide pandemic crisis but also to new modes of working. Switching to remote work - at home or within a co-working space - and conducting business meetings via video are some of the new ways of work which we had to embrace. Remaining flexible and open-minded means that you – and your business – are prepared for anything and everything.

Embracing technological innovation allowed us to not only remain in contact with co-workers and loved ones alike, but also enabled us to make our businesses more agile and thus profitable. With many companies switching to an e-commerce model and relying on online sales whilst lockdown restrictions are put in place, we saw an uprise in online-based sales. This trend is continuing and combined with strong advertising can mean that your business is likely to generate more sales than ever before.

How we not only advertise our products or services but also interact with our target audience, has seen some rapid changes. It’s not about “pushing” sales anymore, but about generating genuine interest and taking into account the real needs of your customers. In times such as these, it is important to understand the customer’s psychology and take into consideration their circumstances which have led them to purchase your products or use our services and trust your business or brand.

And we cannot forget the one thing which we have all held onto last year – hope. It has been incredibly tough for all of us, but through remaining as optimistic and resilient, we can be proud of everything that we have learned and achieved.

Why not make 2021 the year where we put all the lessons which we learned to good use? The business landscape is more exciting than ever before – so, be fearless, and continue (or start!) your journey, as we believe that you are on the right path.

If you’re an individual currently working remotely, but looking for a change, consider utilising a co-working space like Soho Studios to give your productivity a boost – click here to find out more about our packages!

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