In January this year when Coronavirus was still seen as an issue for China, I wrote a prediction/advisory piece about how best to prepare your business for the impact of Coronavirus .
Needless to say, while I stand by my advice, I couldn’t have predicted the spread that Coronavirus would have had across the globe.
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Back in January, I showed how there had been an 87,400% increase in face masks amongst the Amazon bestseller ranks, and while back then I suggested that sellers of health, wellness and medical products would do well. It appears that lockdown has driven people online for everything, not just essential supplies.
In case you are keeping track:
E-commerce firms grapple with deliveries amid curbs
Non-essentials, particularly phones and gadgets constitute a large part of business for e-tailers Firms have asked the Centre to expand the list of products that can be sold in red zones
E-commerce policy put on hold - The Economic Times
PepsiCo Rolls Out eCommerce Snack Sites | PYMNTS.com
To meet heightened demand amid the coronavirus pandemic, PepsiCo Inc. has unveiled the rollout of its Snacks.com and PantryShop.com direct-to-consumer (DTC) websites. The move comes as consumers increasingly turn to eCommerce to meet their food and beverage needs during the health crisis, per an announcement .
Consumers can select from over 100 Frito-Lay products from brands such as Ruffles and Lay's, in addition to crackers, dips and other items, through Snacks.com. The company said new products will be continually added to the site in the months to come to meet shoppers’ preferences.
In case you are keeping track:
Stocking The Larder: The Basics Are Still Dominating Ecommerce, Study Shows 05/11/2020
The whole country is watching as retailers tentatively reopen their doors in certain locales. Which stores are going to do well?
Here is the list of sectors and how their conversions rose in April compared with February, based on a study of over 200 retail brands:
Now it may be that consumers will flock to electronics and apparel stores. But it’s doubtful. Most people are watching their spending at this point, and when they go out at all — to the Walmarts, say — it’s largely to buy the basics.
Ecommerce jumps during Labor Day holiday as coronavirus keeps shopping online - Sales of physical
“The epidemic has given rise to increasing interest in new types of consumption such as online grocery shopping, online education and telemedicine,” said vice-minister for commerce Wang Bingnan at the briefing.
The online shopping boom comes amid Beijing’s efforts to reverse dampened consumer sentiment and revive the world’s second largest economy, which showed its first contraction in nearly three decades in the first quarter of this year.
Augmented Reality for Ecommerce: the Why and the How | Street Fight
With the relentless pursuit of customer experience excellence and the competition getting tougher by day, online merchants are often spread too thin. Feeling the pressure to step up their game, ecommerce brands are looking for new ways to meet consumer demand and differentiate their business.
Rising to the challenge is augmented reality, which promises to reinvent online shopping for customers and drive sales. As AR is approaching technological maturity, businesses are wising up to AR-enabled opportunities and are making AR an integral part of their strategy.
eBay exec explains how the pandemic may change e-commerce forever - Business Insider
The pandemic has likely irrevocably shifted consumer behavior, online and in person. And as more businesses shift their focus to online sales, the future of retail and e-commerce is in question.
According to Jordan Sweetnam, eBay's senior vice president of North America, the coronavirus will likely accelerate the trends that were already characterizing retail, from the downward spiral of brick-and-mortar stores to a larger shift toward e-commerce among businesses of different sizes.
Happening on Twitter
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