Knowledge Ridge

Post-Covid Age : 4 Tips For Recovery

Post-Covid Age : 4 Tips For Recovery

Post-crisis, consumer goods and retail firms must rebuild trust, reignite consumer desire, and balance economic recovery with social responsibility—focusing on authentic value, purposeful transformation, organizational coherence, and sustainable practices to thrive in a changed world.

June 4, 2020 3 min read Consumer Discretionary
Post-Covid Age : 4 Tips For Recovery

Much has already been said about what the health crisis will leave in the world “after…”.I will summarize it around 4 key findings that apply in particular to the consumer goods and retail companies that I help in my consulting activities:

The indisputable trauma caused by supply and demand shocks during lock down, which led to deep questioning and new consumer expectations
The uncertain return to consumption and especially to envy, under the effect of fears generated by this invisible enemy capable of killing and confining half of humanity and overthrowing the economies of the planet in less than two months
A new human distancing in the society of tomorrow alongside an increased need for social ties, with immediate effects on the modes of access to the offer and their digitization, the return to the local as well as our behavior in public life
The growing mistrust of institutions, politicians but also certain large companies, starting with food distribution chains, as underlined by the April 2020 study of the French ObSoCo, which would have thus benefited from a windfall effect for which they would become indebted to consumers: "The world of big business would be contracting a form of debt…

Create an account to continue reading

Create Account

Already have an account? Sign in

Need an expert in this space?

Talk to an Industry Expert

Knowledge Ridge connects decision-makers with carefully vetted subject matter experts for one-on-one calls, research sprints, and advisory engagements — across 11 sectors and 163 sub-industries globally.


Comments

No comments yet. Be the first to comment!

Newsletter

Stay on top of the latest Expert Network Industry Tips, Trends and Best Practices through Knowledge Ridge Blog.

Our Core Services

Explore our key offerings designed to help businesses connect with the right experts and achieve impactful outcomes.

Expert Calls

Get first-hand insights via phone consultations from our global expert network.

Read more →

B2B Expert Surveys

Understand customer preferences through custom questionnaires.

Read more →

Expert Term Engagements

Hire experts to guide you on critical projects or assignments.

Read more →

Executive/Board Placements

Let us find the ideal strategic hire for your leadership needs.

Read more →