Short-Term Revenue Strategies for Brick-and-Mortar Retailers Navigating COVID-19

Community Manager
Community Manager
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Cross-posted from the Shopify Blog

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Coronavirus, or COVID-19, has been declared a global pandemic and is having an unprecedented impact on individuals and our economy at large. Times are uncertain, and while we don’t have all the answers, we’re doing everything we can to offer guidance to our customers and small businesses around the world.

 

As retailers are forced to close their doors to combat further COVID-19 outbreak, one of the biggest concerns (especially among “non-essentials” retailers), is how to compensate for lost in-store revenue.

 

Below, we'll share a list of resources, along with advice from our in-house experts and partners, that share immediate steps retailers can take to mitigate cash flow constraints, respond to declines in revenue, and redeploy digital marketing spend. You'll also find examples of the steps other businesses have taken in response to COVID-19.

 

  1. How to inject cash flow into your business
  2. Strategies to boost online sales
  3. Revisit your paid marketing strategy
  4. How Shopify can help

Learn more at the Shopify Blog - Short-Term Revenue Strategies for Brick-and-Mortar Retailers Navigating COVID-19

TyW | Community Manager @ Shopify
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