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Impact of Covid-19 and subsequent lockdown on service industry

Along with the event to kick-start the global economy and continue to connect the achieved results of 2020 in the first months of 2021, the economy continues to stabilize and starts to kick off sharply. However, the wave of the Covid-19 epidemic that broke out at the end of April with a new strain has a fast spreading speed, dangerous and complicated developments, seriously affecting the lives, health and lives of people. and production and business activities. On the other hand, global trade shows signs of recovery but tends to increase gradually, prices of many commodities increase sharply compared to 2020, use increases but in general remains under control worldwide. In addition, the pandemic has caused bottlenecks in the global value chain, causing the price of production materials to increase, which is not a small algorithm for production and business activities. The economy was heavily affected when GDP in the third quarter of 2021 decreased by 6.17%, the deepest decline ever and in 9 months only increased by 1.42% compared to the same period last year. In which, the service sector is most affected in the economic sectors.

Sustainable Marketing: Building a Green Brand in Today's World

Marketing Department Depends on Legacy Marketing Strategies

How the emergence of Covid-19 affects business communities

Businesses in general and SMEs in particular around the world have been hit hard by the Covid-19 pandemic. According to the OECD, global trade is down 10.2% in 2020 and foreign direct investment is down 40%, causing major disruptions in supply chains. Massive cuts in private consumption lead to an increase in corporate defaults in 2021 (which in 2020 has stalled due to unprecedented government support), especially in sectors affected heavily affected by new closings. The degree of influence varies from country to country.

Vietnam Portrait 2020

Application of technology in modern marketing.

The application of technology in modern marketing can do many things.

Question to ask in employee satisfaction survey

As an employer, it's crucial to know how your employees feel about their job and the workplace environment. Conducting employee satisfaction surveys is a great way to gather feedback and identify areas that need improvement. However, crafting the right questions can be challenging. After all, you want to ask questions that provide insightful responses without being too invasive or overwhelming. In this article, we'll share some of the best questions to include in your employee satisfaction survey to help boost engagement and overall happiness at work.

Brand salience and in-store branding.

if your logo can’t convince people to adopt your brand, it won’t matter how great the product is. Your logo needs to stand out in a crowded field and connect with potential customers so they see it, accept it, and remember it. That’s where a professional design firm comes in: we use our expertise to make sure that your brand reaches its full potential. Branded products are known to be preferred by consumers. They feel a stronger connection towards the brand and that sums up to increased sales. Though there is no way you can increase your sales with only one product, but a variety of branded products across various categories can make you stand out from your competitors. When developing a marketing strategy for your brand, some important aspects to consider are brand awareness and salience. The former refers to the level of awareness or knowledge about a particular brand, and the latter is a measure of how much a consumer remembers about that brand after encountering it. While these metrics can be helpful to identify areas where you may be falling short, they aren’t all-important. In real estate, salience is the people’s perception of the value that they associate to any product or service. As awareness grows and interest grows, their perception will guide them to choose a product or service over another brand. Sellers who want customers to make a purchase need to focus on building salience in their brand.

The Importance of Product Packaging in Competitive Marketing Strategy

The role of packaging is to protect and store the products, as well as to attract customers attention. Marketing and sales strategies play a great role in product packaging design, because customers will like the product more if they design the packaging attractive and appealing. Therefore, we need to know what our customers want.