With the impact of the coronavirus pandemic still ricocheting throughout the US economy, it can be difficult to envision retail returning to normal one day. And yet somehow it will—and much of it will look virtually indistinguishable from the pre-crisis reality. But changes in consumer behavior will be lasting.
Aside from the many brick-and-mortar retailers watching foot traffic and sales drop to near zero, the most profound shift in consumer behavior is happening in grocery ecommerce—and this shift is likely to have one of the longest-lasting consequences.
Were you following this:
Covid-19: Schuh reopens its eCommerce website - Essential Retail
Schuh has reopened its website, enabling it to resume online trading. The decision comes just over a week after the footwear retailer closed down its eCommerce site due to concerns over staff welfare during the Covid-19 epidemic. Now, the Schuh management team has put in place extensive welfare measures to ensure the safety of its employees working in its eCommerce operations.
There will be a staggered reopening of the company’s fulfilment operations, following the introduction of Covid-19-related health and safety measures. These include only allowing a maximum of 10 people working on site at any time, two metre spacing between staff, and the introduction of work station sanitisation cleaning kits.
Retail eCommerce news from week beginning 30 March -
commercetools has announced its arrival in Australia as part of the company's global expansion across the US, Europe and Asia Pacific. This follows a USD$145 million investment boost from Insight Partners in October 2019.
Commercetools' Australian presence is headed by newly appointed territory sales manager, Joshua Emblin. Emblin is also charged with building a dedicated team out of the company's Melbourne hub. The company is also launching a new regional data centre in Sydney in April. Using the GDP/Google Cloud Platform the data centre will support customer growth in Australia and New Zealand.
Commentary: In the time of COVID-19, China is revolutionising deliveries and e-commerce - CNA
LAUSANNE: While some sectors of the economy struggle for survival in a sudden, new, harsh reality, e-commerce is again faced with massive demand.
With many of us confined to our homes, we have become reliant on online shopping. And while your weekly grocery shop or a book order might seem to have changed little in recent years, there is great innovation in e-commerce.
* * *
Alibaba is China's largest ecommerce company by far. Number two is a company called PinDuoDuo (PDD). PDD was only founded in 2015, yet today its valuation of just under US$40 billion makes it worth more than eBay or Twitter.
Check out this next:
We! Interactive offers Pay-as-you-wish services to aid SME on eCommerce enablement
As a business that is impacted by the Covid-19 outbreak, WE! empathise with the plight of fellow small businesses. While the government has offer financial ai d f or business es to embark on their ecommerce journey, as a digital agency WE! understand that it takes more than just listing products on online marketplaces for it to take off. Advertising and marketing effort is crucial for them to attract and direct people to the online stores.
How Brands Can Address The Hyperdrive Impact Of COVID-19 On E-Commerce
While e-commerce has gained steady traction over the past couple of decades, the impact of quarantining has catapulted it into hyper drive. Online sales have been growing by triple-digits since social distancing went into effect. More consumers are trying Instacart, Shipt and Amazon Fresh than ever before, if they can even get a delivery slot. It's far from just toilet paper (though if you point me in the right direction there, please show me the way).
* * *
Brands who are already well prepared for e-commerce and are high on the maturity curve certainly have an advantage. But most unfortunately are not prepared. Profitero and Kantar surveyed 200 brand executives just a few months ago and found that only 17% believe their organizations are leading competitors in e-commerce . The vast majority (71%) say their organizations are merely catching up or keeping pace.
Adobe's Digital Economy Index highlights how COVID-19 altered e-commerce | ZDNet
From cancelled conferences to disrupted supply chains, not a corner of the global economy is immune to the spread of COVID-19.
The COVID-19 is altering e-commerce buying behavior as consumers are revamping their digital baskets as groceries and apparel take center stage, according to Adobe's new Digital Economy Index.
The launch of Adobe's Digital Economy Index is timely given many businesses have gone digital-only due to the COVID-19 pandemic. What remains to be seen is whether COVID-19 will have a lasting impact on e-commerce or prove to reflect stay-at-home orders.
E-commerce, delivery in retailers' arsenal against COVID-19 - Furniture Today
HIGH POINT — As the economy slows due to the COVID-19 virus, furniture retailers are finding ways to fight back.
According to a March 2020 survey of furniture retailers conducted by Furniture Today, 69% of responding stores plan to focus more on e-commerce in order to adapt to mandated/semi-mandated store closings and social distancing policies. Allowing customers, many of who are stuck in their homes, to shop online is one way to keep business going.
Happening on Twitter
🔴🇫🇷 #CORONAVIRUS | À partir du 6 avril, l'attestation de déplacement dérogatoire pourra être générée au format numé… https://t.co/wsOLmfMyHh Place_Beauvau (from Paris - France) Sun Apr 05 15:00:32 +0000 2020
Another factor (thanks to the folks who shared with me): viral load. You can get more or less exposure to a virus,… https://t.co/BT3xxtROhq DavidLat (from New York, NY) Sat Apr 04 23:22:46 +0000 2020
US far right seeks ways to exploit coronavirus and cause social collapse https://t.co/zajRF0q3jG guardian (from London) Sun Apr 05 12:22:29 +0000 2020
No comments:
Post a Comment