Due to the radical changes brought about on the world of business these past several months by the COVID-19 pandemic, most of the stories seen by people involve businesses that are losing revenue and closing. However, there are small businesses that have proven to thrive during this pandemic by seeing an increase in their demand.
A list of such small businesses is listed below.
The general public has been encouraged by the current situation to practice “social distancing”, which has resulted in the closing down of restaurant dining rooms throughout most of the globe. This has consequently led to more families amassing goods and eating from home leading to smaller and larger grocers experiencing a rise in customer demand.
Smaller or independent grocers in these challenging times have played an exceptional role by helping larger chains to meet their demands with grocery stores being restocked at unheard-of speeds. The CEO of one of the leading grocery chains in New York, New Jersey, and Connecticut said goods like hand sanitizer, chicken, pizza, and toilet paper are selling at an incredible rate.
2.Drive-in movie theaters
Of all the small business categories that have seen success during this pandemic, few would have thought that drive-in movie theatres would rank high among them.
With the worldwide following of social distance measures, standard movie theatres have come to be seen as generally unsafe because they have hundreds of people gathering in a small enclosed space. This led to the closure of most standard movie theatres.
Drive-in theatre owners in places such as California, Missouri, Kansas, and Oklahoma have seen an increase in business during the corona virus era.
During this pandemic, most people have found themselves avoiding leaving their homes, with many leaving only when they absolutely have to. This is especially the case with medical offices. Many people want to avoid these places completely due to the higher risk of being exposed to the virus.
As a result, telehealth companies capable of allowing patients to see their therapists or doctors via their phones or computers became in demand. Countries such as the United States of America have seen a rise in the demand for such services by approximately 50%.
For example, a telemedicine technology company based in Boston has recently experienced greater than five times the demand it sees during the peak of flu season.They have had numerous larger health systems go to them looking to quickly enroll 1000 to 2000 providers.
4.Used car sellers
The need for social distancing has had people avoiding public transit, leading to a sharp increase in the demand for used cars. This sharp increase in interest in used cars can also be due to other factors such as low-interest rates and low supply of new cars in these challenging economic times.
Most used car sellers have seen this surge in interest in used cars. A Chief Merchandising Officer at an automotive group based in Minnesota claimed that they promoted the ability of beginning and even finishing transactions online. This way, customers don’t have to be physically present at their dealerships to finalize the paperwork. Furthermore, they went as far as to actually deliver the vehicle directly to them.
With people spending a lot more time in their homes due to the pandemic, furniture sales have seen an increase, as people look to make their patios, home offices, and living rooms more comfortable.
In Newcastle, Maine, an owner of a furniture store has had to reopen her store recently for an in-person business claiming a substantial increase in sales.
As the fear of the spreading coronavirus grows globally, this has led to a rise in demand for professional cleaning services that deal with sanitizing homes, restaurants, and offices. Numerous cleaning companies have reported this steady increase in demand in light of the coronavirus for medical facilities and commercial buildings.
A co-owner of a cleaning company based in Ohio said his company has never experienced anything similar to this before with many people counting on their diligence to keep them safe.
The co-owner of another cleaning company based in Manchester, New Hampshire, has resorted to hiring several additional workers to cope with the increase in demand.
With the coronavirus forcing businesses to adapt through creative learning, there exist certain businesses that have experienced success during this time. Are you an entrepreneur? Take this time to evaluate your services or products and see it can adapt to our “new normal.”