What is the Impact of COVID-19 on Ecommerce Business?

The ecommerce sector witnessed the drastic change of the entire business course from the moment the COVID-19 came out of the four walls of Wuhan to victimize the whole world and forced WHO to declare it a pandemic. From that moment onward, people started worrying about the emergency situation and start hoarding groceries and sanitary products. Right now, from the digital marketing agencies to the companies offering web designing and web development services for startup business are primarily focusing on shaping up their strategies to help people in distress with immediate online services and quick delivery of essentials at their doorsteps.

Here, let’s explore the impact of COVID-19 on Ecommerce Business—

Grocery online stores are trending

As the pandemic sets in, people across the globe focused on shopping groceries. The demand of human food, baby food and pet food topped all searches online and soon after the hoarding began; the online groceries also went out of stock within hours adding to more fire to the panic. The retail stores were already showing empty shelves. That’s why, most people searched online for shopping groceries.

The online stores selling groceries are failing to provide delivery slots as they have now limited stocks and because of the lockdown situation in many countries, delivering the goods has become a major problem.

Need of Health & Safety products is high

The COVID-19 outbreak increased the online shopping requirement of health and safety products. Now, Metricoidtech has witnessed the massive searching of hand gloves, N-95 masks, hand sanitizers, hand wash lotions etc. to keep protected from the Coronavirus infections. Situation is way more serious for chronic patients and pregnant women.

Online medicine business is booming

Many of them are failing to get insulin or important medicines like hydroxychloroquine, now the major medicine to resist Coronavirus because of the growing demand. The lockdowns at many places like Singapore or India are affecting the transportation causing to massive problem for medicine stores to build their stocks. In this situation, online medicine shops are providing heavily discounted medicines and gaining more customers because of the confirmed 2-3 day delivery soon after the approval. They also maintain the social distancing when delivering medicines and asking to pay online to avoid any touch to contaminate.

Fashion & Gadget manufacturers are losing searches

COVID-19 has stopped the craze for luxury goods from fashionable clothes to gadgets. The fashion and smartphone industries are suffering from heavy loses with the reduced search of these products online. Most online fashion ecommerce stores are temporarily shut down because of the poor business and for the lockdown. People are mostly working from home so they’re hardly in need of fashionable clothes now and most importantly, affording the expensive clothes is now a mere luxury for the people facing massive fall of economy.

The ecommerce website and other places are also changing drastically. The designers are coming up with the ideas to provide customers with the immediate things they want. Even Amazon has stopped selling clothes, phones or computers online and focusing only on essentials as per the government rule at places like India.

Increase of Home tutoring products

As the schools are closed temporarily; parents find online tutoring ideal for their children. They’re spending hourly classes from eminent online coaching centers or individual tutors offering tuitions.

A reputed App development company found parents are buying education tools and accessories online from reputed ecommerce stores instead of buying toys and clothes for their children as they’re worried about the future of their little ones failing to attend their regular schools.

This is how the ecommerce industry is dealing after the COVID-19 outbreak.