How to Covid 19 Impact on Ecommrece 2020 | Softuvo Solutions

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COVID-19 And Its Impact On E- Commerce

• One virus impacting millions.

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Coronavirus 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.

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FACTS FIGURES

• Total Cases of COVID19 Worldwide - 10,409,518

Total Cases of COVID19 In India - 567,536
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Dr. 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."

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• Hotel Industry

• Travel Industry

5 Worst Hit Industries Due to COVID19

• Retail Industry

• Automobile Industry

• Hospitality and Tourism Industry

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Travel 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.

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Hotel 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.

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Hospitality 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.

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Automobile 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.

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Retail 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.

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Despite the huge downfall in the economies,
E-COMMERCE sector did really well to combat the
COVID situation and boosted the overall economy.

• NEWS

• The only hope left for millions of people.

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E-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.

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Positive Impact of COVID19 On Various E-Commerce
Sectors
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Medical 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.

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Digital 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.

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Food/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.
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QUARANTINEANDCHILL
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E-Commerce Sectors That Went Through A Hard Time

• How COVID19 Been Tough For These E-Commerce
  Sectors

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The 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
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Travel 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.

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PREVENTION IS BETTER THAN CURE
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Opportunities 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.

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• 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.

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We Are Together In This Fight

• Let's win over COVID19!

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What 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.
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STAYATHOME
FIGHTCOVID19
SANITARYSUPPORT
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We 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