Title: How to Covid 19 Impact on Ecommrece 2020 | Softuvo Solutions
1COVID-19 And Its Impact On E- Commerce
- One virus impacting millions.
2Coronavirus Outbreak
- The year 2020 has started off with the killer
Coronavirus outbreak which has become a global
health crisis for all. The COVID19 pandemic has
impacted several business industries leaving them
all in a huge economic crisis. With the increase
in the number of COVID19 patients every day,
there is a lot more to witness ahead.
3FACTS FIGURES
- Total Cases of COVID19 Worldwide - 10,409,518
Total Cases of COVID19 In India - 567,536
4Dr. Tedros Adhanom, WHO director general
- "Pandemic is not a word to use lightly or
carelessly. It is a word that, if misused, can
cause unreasonable fear, or unjustified
acceptance that the fight is over, leading to
unnecessary suffering and death."
55 Worst Hit Industries Due to COVID19
- Hospitality and Tourism Industry
6Travel Industry
- The travel sector was the first hit to contain
the spread of the virus. The government put
restrictions on both international and national
travels.
7Hotel Industry
- While many restaurants and hotels came up with
takeout delivery options, the industry still
faced a huge downfall with more than 48 of
people lost their jobs.
8Hospitality and Tourism Industry
- With the travel restrictions around the globe,
the tourism and hospitality industry witnessed a
downfall with more than 70 of people lost their
jobs.
9Automobile Industry
- The year 2020 has been the worst year for the
automobile industry with more than 92 drop in
sales in the initial phases of the Corona
outbreak.
10Retail Industry
- The shutdown of malls and retail outlets have put
halt to the retail outlets sales. The only
interest of the consumers remained to the
essentials only.
11Despite the huge downfall in the economies,
E-COMMERCE sector did really well to combat the
COVID situation and boosted the overall economy.
- The only hope left for millions of people.
12E-Commerce Sector
- COVID19 has left millions of people under
lockdown. With several people following the
social distancing norms and avoiding going out
necessarily, the e-commerce sector came to the
rescue. Top e-commerce giants like - Amazon,
Flipkart, Big Basket, and more stopped the
deliveries of non-essentials items and focussed
on providing daily essentials only.
13Positive Impact of COVID19 On Various E-Commerce
Sectors
14Medical E-Commerce
- E-Commerce companies like - Netmeds, Medlife
helping people with their medical and health
essentials during COVID times, and rolling great
profits out of it. Regular medications are
important to many and such companies have been
there for the rescue of several people.
15Digital Streaming E-Commerce
- The lockdown left us all strangled at home, the
digital streaming channels like - Netflix, Amazon
Prime, and Disney made this time bearable for
all of us. The instant shutdown of the
entertainment industry made the audiences shift
to OTT channels platforms and the sector has seen
huge growth.
16Food/Grocery E-Commerce
Thanks to companies like - Big Basket, Grofers,
Amazon Pantry people got their basic necessities
fulfilled while sitting at home. Such companies
have managed good profits even during the
pandemic. This sector has seen a positive impact
on the global crisis with an increase in both
sales and profits.
17QUARANTINEANDCHILL
18E-Commerce Sectors That Went Through A Hard Time
- How COVID19 Been Tough For These E-Commerce
Sectors
19The pandemic has shifted the need of people to
basic necessities only. The fashion and luxury
industry have seen a setback. The safety
concerns, unavailability of items, delivery
issues have been the major reasons for the
downfall of this sector.
Fashion and Luxury Industry
20Travel Industry
- The pandemic has seen a tremendous rate of travel
cancellations making it difficult to get sales
and earn profits. Not just that, there has been a
decline in travel-ad revenue as well. It is
predicted that the travel industry will come up
with low flight rates in the future to overcome
the financial crisis.
21PREVENTION IS BETTER THAN CURE
22Opportunities For E-Commerce Industry
The COVID19 pandemic has led consumer behavioral
changes and it shows there will be a change in
the e-commerce trends in the future also.
- With most of the population opting for enjoying
food at home, the online delivery companies like
- Zomato, Swiggy will go on a surge.
- Considering the social distancing norms, people
will avoid shopping in the marketplaces and shift
to online stores. E-Commerce stores like -
Amazon, Flipkart, and more will continue with
their home delivery services.
- People will continue to make medical and health
purchases online keeping the medical e-commerce
grow.
- The popularity of OTT platforms will continue to
rise as people will avoid going to crowded cinema
halls.
23We Are Together In This Fight
24What Is The New Normal For People Amid COVID19?
E-commerce will continue to flourish as people
will continue to shop online to meet their
necessities.
Remote working is the new work culture,
especially for the IT industry.
The sale of masks, sanitizers, and disinfectants
will keep on rising.
The stereotype of 9-5 jobs can become a thing of
a past as work from home offers a flexible
working environment.
Automation will be accelerated with algorithms
and robots that dont get sick.
Contactless payments are the only way the economy
works.
25STAYATHOME
FIGHTCOVID19
SANITARYSUPPORT
26We Can Help!
If your E-Commerce business plans are having a
setback, then we will get you back on track!
- Softuvo Solutions
- Give Us A Call
- 01724670301