SME Trends For The New Normal


#


As the economy begins to re-open, we have unfortunately had to say goodbye to a lot of businesses closing their doors for good because of unrecoverable losses from the ECQ. Meanwhile, a new trend has slowly been increasing: micro-businesses. From home baked meals to instant fashion and essentials, people have had a lot more time on their hands while at home and decided to use that time to earn more income while in quarantine with small business ventures from their own home. Here are the top SME trends we’ve been seeing pop-up all over the country.


  1. PPE/Face Mask Production 

Fashion designers, clothing brands (like Uniqlo), and even the online sari-sari stores have begun selling the most in-demand “fashion” commodity there is: face masks. From cloth to wool, with some even coming with its own filter pocket. 


Plastic companies have also been producing more and more face shields. Even hardware stores are now selling these in bulk and it’s usually the first thing you see displayed when you walk into the store. With more cities requiring the use of face masks whenever we go out, it’s no surprise this was the first trend to pop up among SMEs.


  1. Cookies and Baked Goods (and even “almost-baked-goods”)

Cooking has seen a steep learning curve these past few months as more and more millennials have had to learn how to cook at home with no easy-access. Some have even stepped it up with their sourdough starters, fresh pasta, and homemade cookies. More businesses have been popping up because of this. Bakers selling off their own Facebook page to friends and family, and home cooks showcasing their family’s recipes on Instagram.


One trend that’s stood out is the “almost-baked-goods”. New online spaces selling all the essentials you need to bake bread, cookies, you name it. Some examples are frozen cookie dough, dry mixtures for pancakes, pizza, flour, frozen pizza dough, etc. They come with instructions to help you finish the process, sort of like a semi-DIY pastry.


  1. Book an Errand-boy/girl

Going outside will never be easy. All the steps you have to take to protect yourself when you leave and disinfect yourself when you get home can take up to an extra 1-2 hours of your day. The “errand boy/girl” system has started booming these past few months.


We’re seeing more and more people offer their services for doing menial tasks like grocery shopping, laundry, or even picking something up from the bank, the department store, or hardware shop. A lot more apps have been developed since the ECQ started to meet this demand. If you have some disposable income, why not save time by hiring someone else to do your errands for you while you stay home?



Indeed the diskarte of us Filipinos has never been more creative since today. The rise of micro-businesses has begun and it's no question they will be here to stay in the new normal. Let’s all support our local businesses trying to make their own living through the pandemic. 



Related Articles



#

What are the Employer's Roles in Managing Pandemic Stress?

Continue Reading >
#

Guidelines on Workplace Prevention and Control of COVID-19

Continue Reading >
#

Returning to Work In the New Normal

Continue Reading >
#

Guidelines for Businesses Re-Opening During GCQ

Continue Reading >
#

Transitioning to General Community Quarantine

Continue Reading >
#

MECQ Guidelines for SMEs

Continue Reading >
#

How Prolonged Social Isolation Can Affect Your Mental Health

Continue Reading >
#

Essential Items You Can Purchase Online During the ECQ

Continue Reading >
#

Stocking Up for the Community Quarantine

Continue Reading >
#

Rubbing Alcohol Alternatives That Are Just As Good

Continue Reading >
#

Basic Guidelines on the Enhanced Community Quarantine

Continue Reading >
#

How to Protect Yourself from the Coronavirus Outbreak

Continue Reading >
#

SSS Maternity Benefit Doubled in 2020

Continue Reading >
#

Influential Filipinas in Business Today

Continue Reading >
#

National Health Insurance Month: Your Ultimate Guide to Health Insurance in the Philippines

Continue Reading >
#

Business Trends During Valentines Day

Continue Reading >
#

Side Hustles for Valentine’s Day

Continue Reading >
#

Illnesses to Watch Out for this 2020

Continue Reading >
#

New Business Trends in 2020

Continue Reading >
#

Wuhan Coronavirus Reaches PH - Here’s What You Need To Know

Continue Reading >
#

Dangers of Ashfall to Your Health

Continue Reading >
#

Top Co-working Spaces in Metro Manila

Continue Reading >
#

The Freelancer Christmas Shopping Guide

Continue Reading >
#

12 Days of Christmas for The Freelancer

Continue Reading >
#

6 Ways to Stay on Budget Without Being a Grinch

Continue Reading >
#

Holiday Side Hustles You Can Do This Year

Continue Reading >
#

Basics of a Business Plan

Continue Reading >
#

Learn From These Successful Entrepreneurs

Continue Reading >
#

Podcasts for the Business Savvy

Continue Reading >
#

The Difference Between HMO, Health Insurance, and PhilHealth

Continue Reading >
#

7 Habits of a Successful Entrepreneur

Continue Reading >
#

The Benefits of Being ‘Self-Partnered’

Continue Reading >
#

Best and Worst Ways to Deal With Stress

Continue Reading >
#

Why Your Health is they Key to Your Success

Continue Reading >
#

6 Common Mistakes Startup Businesses Make

Continue Reading >
#

The Perfect Formula for a Business

Continue Reading >
#

5 Online Courses Every Aspiring Entrepreneur Should Take

Continue Reading >
#

20 Inspiring Quotes to Get You Motivated

Continue Reading >
#

Common Freelancer Mistakes (and How to Avoid Them)

Continue Reading >
#

Top 5 Freelancer Job Platforms and Marketplaces for Filipino Freelancers

Continue Reading >
#

Books to Read to Inspire Your Startup

Continue Reading >
#

Check out this Adobe Product to Help Your Business!

Continue Reading >
#

5 Online Businesses You Can Start for Less Than P5,000

Continue Reading >
#

Here’s a List of Seminars You Should Attend if You’re a Freelancer

Continue Reading >