The COVID-19 pandemic has affected countries, economies, people, and businesses worldwide with shopping being one of the most affected areas. The retail industry is bearing the brunt of this unexpected crisis and retail businesses are trying to deal with it by figuring out workable methods to ensure continuity of the business. Retail has been radically
All kinds of businesses are profoundly impacted by the current coronavirus situation. The consequences for the global economy following the Great Financial Crisis in 2007-2008 were bad but what follows the pandemic are even worse with a brief interruption of some businesses and events slowing down for others. It is impossible to say accurately what
The havoc wreaked by the COVID-19 pandemic globally has lead innovators to look for new ways to contribute to the overall response against the crisis. DIY ventilators, face masks, and face shields are created for the healthcare workforce by various universities. Some creative innovators are altering their existing products so that they can be used
Businesses have adapted to a radically new economic and operating landscape but remote working cannot work for companies that manufacture. Employees need to work onsite for factory production work and during the pandemic, manufacturers are more needed than ever. We rely upon them for much-needed supplies such as medical and home-essential supplies and they are
The media landscape evolves continuously bringing new challenges for journalists every year. And all of a sudden, everyone’s beat has been switched to the pandemic right now and it has been a unique year for journalists as well. Pandemic has affected all of us and will likely do so in the near future. New data
The coronavirus pandemic has not spared anyone, be it small startups or large corporations. Entire industries have almost been closed down due to this worldwide crisis. Companies of all sizes had no choice but to adjust and advance. The one good thing about it can be that the lives of customers as well as employees
Customers are facing challenges due to the current shutting or restraints on their physical stores. People continue to look at what is open and what is close to them. It puts all the responsibility on retailer’s e-commerce sites to not only sell stock and make money, but also to assist, update, and encourage customers. It
Live streaming is a new platform that is flourishing during the coronavirus pandemic. The Live shopping trend is increasing and is expected to double this year. Since physical stores are closed which is why the only way left for retailers to connect with the buyers is live streaming. Livestreaming started to flourish in 2018 and
Consumer behavior is changing rapidly and unpredictably amid the coronavirus pandemic. Those looking for retail trends can now use a new method to know the type of categories is being searched by people are during the COVID-19 pandemic. Google has launched the latest interactive tool which will show the most popular product categories searched on
Like every business and industry. Ecommerce and digital retail have their language. But, as far as start-ups are concerned, you might be performing various roles – the role of an owner, IT chief, and marketer for your business. To ensure proper promotion and marketing of your business, you have to know the words that are
