HKFEC to Help Hong Kong Companies to Leverage E-Commerce During the Business Impact from COVID-19 Outbreak
(16th March 2020, Hong Kong) – Under the impacts brought by COVID-19, all industries in HK are severely affected. Retail sales have been dropping from last year, and the decreasing trend can hardly be retreated before the 2nd quarter of 2020. Some organizations even predict there will be a large-scale shake-out. Therefore, Hong Kong Federation of E-commerce (HKFEC) will assist all enterprises to develop online business, hopefully to overcome the current economic difficulties with the public together.
As the coronavirus epidemic is unsparing, citizens tend to go out less, while enterprises can hardly arrange staff to offices or marketplaces, digital transformation seems to be the only way out of the current situation. Service industries, such as banking, insurance and accounting, can use different tools to help remote working; retail industries can consider developing e-shops to strengthen digital marketing, attracting new customers and increasing income diversity. However, digital transformation may sound easy, but the whole process from establishment to operation, it can be very different from traditional retail and thus much effort is required. Therefore, HKFEC would like to gather their experts and members to assist in developing online businesses for people or companies who are keen on doing so. Any parties with such need are welcome to contact us for free consultation. In the meantime, we also welcome capable digital experts to volunteer their services, resources and tools for people or SMEs who need help in transforming their business onto Internet or kick starting their online business.