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Small businesses are the heart blood of the economy, and many continue to face
challenges due to the pandemic. (BizHack,2021) The pandemic began in year 2020, and
many businesses struggled and suffered as a consequence of the required adoption and
community standards. The implementation of community quarantine will have the greatest
impact on small companies, since mobility will be confined to purchasing required items and
single grocery store, or retail shops where you sell your handcrafted items are all examples of
small company entrepreneurship. These owners often invest their own money and are
successful if their firm generates a return from which they can live. They don't have any
outside investors and will only take a loan if it would assist them keep the firm running.
operations. As a result, several entrepreneurs chose to close their businesses because they
were having difficulty adapting to the unexpected developments brought about by the
pandemic. The Department of Health (DOH) order for quarantine must be followed in earnest
by everyone, Duque (2020). Under Republic Act 11332, a public health emergency refers to
an "occurrence of an imminent threat of an illness or health condition which could pose a high
(2020), if not observe then businesses or establishments may lose permits, and license to
work for failing to cooperate. Despite the pandemic and various implementations, some
entrepreneurs opt to stay and open their businesses especially the essential businesses.
While many industries faced various challenges when the pandemic hit, some
businesses took this as an opportunity to find a new way to thrive and grow, pandemic made
the digital space for small businesses more relevant than ever. Worldwide lockdowns sent
many people to their screens, which presented new small business challenges and
opportunities. To survive and position themselves for growth. Even so, a researcher aims to
point down problems of the entrepreneurs also in the digital system including their non-digital
operations.
Entrepreneurs are risk takers and competitive amidst the rise of global pandemic,
they opt to find ways to continue their ventures. The law The Philippine Competition Act
(PCA) or R.A. 10667 is the primary competition policy of the Philippines for promoting and
protecting competitive market. It will protect the well-being of consumers and preserve the
efficiency of competition in the marketplace. This law protects consumers and increase
encourages efficiency and innovation, and forces businesses to excel, thus their belief it
pandemic, the Researchers strive for giving a description and interpreted data on how the
Researchers are not only focused on the different marketing problems but also on the
other problems happened and encounter by the small businesses and customers because of
the pandemic. Researchers looked at how entrepreneurs and consumers survived the
pandemic and what they expect in the coming year.
The main objective of this study was to demonstrate the challenges of small
businesses entrepreneurs and how it affects their business as well as consumers’ difficulties
Moreover, the researchers will identify the various marketing problems confronted this
pandemic and provide proposition in overcoming them. Thus, helping the owners in their
operations, through the researcher’s findings and survey results from customers.
Furthermore, this will benefit the owners themselves, the aspiring entrepreneurs, because the
In addition, the government and country as well will take advantage for it foster local
economies, (small businesses) keeping money close to home and supporting communities.
(Looze, 2020)
The world is currently in total crisis, with every country experiencing economic meltdown.
Major corporations are squandering vast sums of money. The covid pandemic had a
significant impact on these generations' lives. Small businesses are undoubtedly bearing the
brunt of the consequences. According to the survey of “Goldman Sachs survey (2020) of
10,000 small business owners found that 96 percent have already been impacted by the
coronavirus and 51 percent report their business cannot survive 3 months of an economic
shutdown”. The survey revealed that, the majority of small businesses are unable to withstand
the impact, and 51% of these businesses have already closed their doors. Despite the fact
that this is a difficult pill to swallow, we should try to see the bright side. There are still 45% of
the 96% of business owners affected are still in operation. There is still a chance for small
businesses to fight back. We must also evaluate the opportunities that may arise as a result
of the epidemic. Since most of the populace are confined in their homes. The internet would
In the face of the epidemic, the best thing small business owners can do is determine what
their customers want and need. In the study “Strategies for small business: Surviving the era
of Covid-19 by Eric W. Liguori (2020).” Virtual business channels provide a unique opportunity
to reinvigorate the search for product–market fit and the hunt for new business models
capable of surviving and thriving in a COVID-19-impacted world”. This research will aid
Online Advertising can be a powerful tool, to which they can incorporate to their strategy. In
the article “5 Small Business Owners Reveal How They Are Marketing on Social Media
During COVID-19. “They stated social media has become a lifeline to customers during
COVID-19”. This article further establish why online advertising is must have tool. Additionally
in the article “How can digital advertising help small businesses recover from Covid-19?” ´
They also implies “Small businesses have borne the brunt of the Covid disruption but digital
advertising is an accessible and cost-effective way for them to drive growth.” This article
provides major contribution for the researchers to help them confirm that online advertising
The researchers aim to figure out the effectivity of online advertising as a marketing tool in