In May, shop-sa conducted a survey to gauge the impact of Covid-19, and the current state of our industry. The response was excellent and we hope that both resellers and suppliers get some valuable pointers from the survey.
Needless to say we, like most industries, are in survival mode – and one can only hope that as the economy gradually opens up, turnover and profitability will improve.
Most respondents would like to see a follow-up survey, which we will issue shortly.
Here are a few key results:
- 65% of employers managed to pay their employees, with some using TERS funding
- The drop in turnover for most companies reflects the overall “Covid economy”
- Online presence and sales need focus to take advantage of the opportunity this presents
We at shop-sa will keep you informed – and we expect an even bigger response to the next survey!
Remember, this is a long haul – we are all in this together and “none of us is as smart as all of us”.