I think it is too early to think that the global prevalence of COVID-19 will be one of the events that will determine the lasting impact of 2020 and will last for 10 years.
Things are changing rapidly. The number of people believed to be able to gather safely in one place has been reduced from thousands to hundreds, and even to ten. Many major city restaurants, bars, cinemas, and stadiums are closed. At the same time, many office workers face new challenges of working full-time remotely.
In essence, people are talking about how difficult it is to temporarily separate the reality of the connected world from others. To say that we live in an unprecedented era is like being underestimated.
One of our reactions to how people enter a period of isolation and uncertainty is that shopping behavior has changed dramatically overnight. From bulk buying to online shopping, people are changing the way, time, and way of buying.
As more and more cities close, the unnecessary business closes, and customers usually avoid public places. Restricting shopping for all necessary necessities is becoming a new standard. Brands must be adaptable and flexible to meet changing needs.
E-commerce revenue changes
As people accept social unrest as a way to slow the spread of the pandemic, physical shopping is naturally interrupted. This seems to mean that as people switch to using e-commerce to buy directly purchased goods, online shopping will increase.
Did that prediction win? In fact, some industries are achieving significant growth, but in reality, e-commerce sales are usually not high but has shown more progress during the corona pandemic. This runs specifically true for online sellers who are focused on basic goods and grocery items. JD.com, China’s largest online retail chain, has increased household inventory sales by three times from the same period last year. This includes online retail shops in the power tools sector such as orbital sanders found in this site -, as more people are keeping themselves busy with DIY projects. According to engine surveys, people spend an average of 10-30% online.
Now all of us live a smooth life as best as we can
Customers are doing their utmost to adapt to unfamiliar times without excessive scaffolding, so they will not change their behavior. Business owners try to meet their needs and themselves while facing the same uncertainty.
Your response to changing conditions will depend on the industry and audience. You know your customers better than others. We hope this material can help you understand how your behavior changes so that we can do our best to continue providing services.