29.2 C
Accra
Sunday, September 1, 2024
BusinessDigital transaction, a necessity in post coronavirus - AGI Chairperson

Date:

Digital transaction, a necessity in post coronavirus – AGI Chairperson

Mrs Kate Quartey-Papafio, Sector Chairperson, Electricals and Electronics, Association of Ghana Industries (AGI), has asked businesses to do aggressive branding and enhanced digital marketing transaction for higher visibility and continuity in a post coronavirus era.

Mrs Papafio said since the outbreak of COVID-19, face-to-face business transaction had become difficult and called on businesses to explore and maximize the benefit of online transactions to remain competitive in the emerging world of business.

Speaking in an interview with the Ghana News Agency in Accra on the impact of the pandemic on businesses, Mrs Papafio said creating a website was no longer a luxury for businesses since the COVID-19 pandemic had brought about changing trends of which demanded companies to take advantage of all digital platforms for their growth.

She emphasized that a transformed consumer would now opt for online shopping and delivery services as opposed to the traditional and physical walk-ins, urging businesses to quickly migrate to online transactions to meet customers’ needs and as well minimized the level of human interaction.

Additionally, she encouraged captains of industry with the relevant capacities, to employ the use of Intelligence Automation and Robotic Process Automation, an accelerated digital transformation that would better improve their ability to meet the high demands of consumers.

She stated that digitisation in micro and small businesses was an effective platform for companies to create their our own ‘Alibaba’ and ‘Amazon’ space for the continent and the global market at large.

“The growth of SMEs in post-COVID-19 will be heavily reliant on change in trade behaviour, change in delivery model, change in global sourcing and change in their unstructured nature. The consumer is now constantly processing what is and what is not essential at any point in time,” she added.

According to her, the SME must identify and understand the dynamics of this paradigm shift to survive and thrive in post-Covid-19, leading to sustained growth.

She noted that the underlying principle for the growth of SMEs was to ensure a holistic transformation to match the corresponding change in the socio-economic and environmental situations.

Source: GNA

Will you vote in the 2024 general election?

Latest stories

Cheddar unveils ’12 Pillars to Economic Freedom’ manifesto today

Leader of the New Force Movement, Nana Kwame Bediako...

BREAKING: Fire breaks out at Zongo lane near Rawlings Park

Fire has ravaged Zongo Lane, located near Rawlings Park...

Former Leeds defender Bamba dead at age 39

Sol Bamba, the renowned Ivorian centre-back who graced the...

Your mosques will be destroyed by the NDC – Napo tells Zongo communities

Dr. Matthew Opoku Prempeh, the running mate of the...

Related stories

Apple hires Ghanaian software engineer

The champion of Ghana’s Sharks Quiz Season 3 and...

US partners with Ghana on small modular nuclear reactor project

The United States has committed to assisting Ghana in...

Ghana-Switzerland trade hits $3bn

Switzerland has emerged as Ghana’s top export destination in...

Govt to launch debt exchange for Eurobond holders

Finance Minister, Mohammed Amin Adam, has announced that Ghana...

IMF to finalize third review of Ghana’s program by December

Finance Minister, Dr. Mohammed Amin Adam, has announced that...

Newmont pays GHS3.176bn tax to Ghana for quarter one of 2024

Newmont Corporation, the world’s top gold producer and Ghana’s...