Analysis of COVID-19's Effects on China's Catering Industry and the Optimization of Marketing Strategies

Authors

  • Xinyu Ji

DOI:

https://doi.org/10.54691/bcpbm.v39i.4152

Keywords:

COVID-19; China’s Catering Industry; Marketing Strategies.

Abstract

The repeated outbreak in 2022, economic ups and downs, and weak consumer spending under multiple adverse factors, such as the food and beverage industry, is a big blow: raw materials and artificial cost rise, traffic fell 90%, mass unsubscribe accommodation, wedding banquet, conference, rapid eat-in downturn hit, and many other factors, lead to food and beverage business difficulties, make a lot of food is especially difficult. The outbreak of a new type of coronavirus pneumonia significantly influenced the world’s economy. Small micro-enterprises, as the main mode of operation of the catering enterprises, have experienced four months of winter. They are faced with less income online operation, the effect not beautiful, supply chain difficulties, and many problems such as shortage of cash flow. Hence, If catering businesses don't actively work to strengthen their crisis management skills, they'll suffer substantial losses that could even disrupt their regular business operations. So it is a very important topic to study the current situation of the catering industry.

Downloads

Download data is not yet available.

References

Official account of Xinhuanet, China's Catering Industry Development Status and Trend Report under COVID-19, 2020.03.03, https://www.xinhuanet.com.

Touziyinhehui, Haidilao lost 4.5 billion yuan! What should China’s catering industry do under the epidemic? 2022.03.29, http://www.zhihu.com/.

Meng Guo, how should the catering industry cope with the epidemic? Analysis of the current situation and prospects of the catering industry under the epidemic in 2022, 2022.04.27, https: // chinairn.com/.

Lixi Zhou, what are the new trends in the catering industry in the epidemic era? 2022.05.04, https:// canyin88.com/.

Tongruijiu, Subsidy policies and application conditions for restaurant and lodging chain operation projects in Chongqing in 2022, 2022. 02.10, http://www.tongruijiu.com/.

REDNET, the lawyer said: compound force majeure factors during the epidemic can reduce the rent, 2020.02.14, http://www.rednet.cn/.

Internet bandits, SARS in 2003 made e-commerce and upended traditional retail, 2020.01.30, http://www.xueqiu.com/.

Fast technology, Ele. me launched the “extreme online service”, the fastest day for merchants to open the delivery service, 2020.01.26, http://www.my drives.com/.

Han Yong. A few ideas on how small and medium-sized catering businesses might reduce costs in the "post-epidemic era" [J]. Taxation and Finance in Shanxi, 2021 (05): 50 - 52.].

Discussion on Breaking and Recovery -- 2020 China Catering Marketing Power Summit was successfully held in Chengdu [J]. Restaurant World, 2020 (08): 20 - 25.

Downloads

Published

2023-02-22

How to Cite

Ji, X. (2023). Analysis of COVID-19’s Effects on China’s Catering Industry and the Optimization of Marketing Strategies. BCP Business & Management, 39, 278-284. https://doi.org/10.54691/bcpbm.v39i.4152