Consider digital sourcing, sales, and distribution channels
The lock-down directives announced, and the president of Uganda will certainly curtail the smooth flow of raw materials, and distribution of goods if you demand on traditional sourcing and distribution channels. Since the on-set of COVID-19, there has been a surge in e-commerce with online markets stealing a match on their brick and motor peers. It is time for your business to consider opportunities to source for your raw materials, generate sales, and distribute your products through digital platforms. While you may not have the resources to building your custom e-commerce infrastructure, existing platforms like Jumia can come in handy. You may also wish to develop novel partnerships with mobility solutions providers like Safe Boda to distribute your products.
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Source: Nelson Kasadha
Investment Specialist for Trade and Allied Services - PSFU