The corona pandemic has disturbed the economy of all the countries. Corona has has affected Business very badly all over the world. There are no customers in the market. Due to this, the production has also been badly affected. Covid 19 Pendemic is the latest challenge for relaters. all Companies are under Presor for some time as more people are conviction of shopping online. Due to low demand, many factories are closed or are producing with fewer employees, which has also given rise to problems like unemployment.
Due to the outbreak of this epidemic, many companies are either struggling or going through a bad phase or have closed down. Along with the travel and hotel sector, the retail sectors are also in bad shape. retail sector are facing new challenges.
At the same time consumer confined indoors are forced to use online shopping for the most items. The business of online shopping has flourished due to the Corona epidemic, those who are marketing their services online, their sales have increased.
UK Based Zara and pollar bear theirs reported 95% increase in online sales. other portal like amazon and flip cart itc also got good revenue in this pandemic.
and this is a trend that's likely to accelerate as more people come online.
Whele the overall impact of the pandemic on e commerce remain to be seen.
This is good new for those companies and retailers who have website and selling online at the same time bad news for street reseller.
The Covid 19 and Lockdown has changed the consumer behavior.
Before Covid, people used to go to the shops personally to take the touch and feel of the product and then buy it. Due to Lockdown in Corona, online shopping has become a compulsion for the consumers and now it has become their habit. They are liking that.
Countries like India, since data has become cheaper, internet consumption is big, most people use mobile tablates and laptops etc. for entertainment. According to a recent survey, an average young boy spends around 6 hours a day playing videos on mobile tables, computers or playing video games. However, this is a different topic and a serious issue.
Costumer this behavior is good for online companies to marketing and branding of there product and services.
Video and banner advertisements that appear during people's videos or games Those who are according to their interest and requirement, click on them and enter the landing page of the website And buy them if they satisfied with the product.
One thing to note here is the website of any company is the mirror of that company. Therefore it is very important for the website to be well designed and professional. Companies should display their products and services well so that the user get impressed with the website design and there are chances of sales. Most of the people nowadays open the website in mobile, so it is also necessary for the website to be mobile responsive.
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