The coronavirus outbreak is a global emergency that is escalating and making the conditions worse. A human tragedy that has changed the dynamics of the work culture. Forced lockdown of many countries have shifted the J-Curve of the economy right downward. Many countries have been slashing transportation completely to take the situation under control. WHO has declared this outbreak a pandemic emergency across the globe, and lockdown & social distancing are the only two options left with the citizens to control the widespread virus. COVID-19 has not just shaken up the business but also the consumer behavior on a large scale. Both the private and public sectors are trying their best to slow the spread of the infection, knowing the increasing numbers of infected cases daily.
How is Ecommerce helping the nations worldwide?
The e-commerce industry has seen a positive effect on their growth and expansion. A few sectors, like technology, digital media, fintech, and health & wellness, are somehow able to cope with the lockdown using digital media. The digital business transformation has escalated itself. COVID-19 has changed the dynamics of the work culture and forced companies to rebuild their strategies and code of conduct. It has made the sectors rethink of how to get things done effectively and efficiently.
Social distancing, offices shutdown, countries lockdown has been in talks lately. The sudden outbreak is severely affecting the economy, but many companies have played safe and smart. E-commerce giants like Amazon, Alibaba, and eBay are dedicated to serve the nation during this pandemic. By stocking up the warehouses fully, these mega-brands have been on service to provide the customers with the basic essential consumer goods at their doorstep.
Amazon is a leading brand that has prioritized its delivery as per the need of hour. It has re-arranged the available stock for order fulfillment, and increased logistics capacity to provide the necessities to the customers during the quarantine. Consumer goods such as packaged food, health care, personal & hygiene products are being delivered at the doorsteps. The delivery of the products may take a comparatively longer time because of the complete lockdown and panic among the people.
This pandemic affected the economy, but the eCommerce sector came to utilize the situation quite well. For all the e-commerce sellers, it is one great opportunity to avail the benefits of Amazon’s FBA service and work hassle-free. Wondering how can FBA help you?
- You don’t need a big space to stock your products anymore. Amazon has expanded its warehouses and will take care of your inventory there.
- In light of the evolving COVID-19 crisis, Amazon waives two weeks of your inventory storage fees for products stored in the United States, Canada, the United Kingdom, Germany, France, Italy, Spain, Poland, and the Czech Republic.
- Having required authorization from the concerned authorities for delivery, Amazon’s team will help you deliver the products to the customers.
The brands continue to work with the concerned government permission and are ensuring full on-field support to fulfill the customer needs and requirements. Interestingly, this would enable the sellers to invest in the right place at the right time and also work towards the expansion.
E-commerce sectors on the greener side of the Pandemic
A huge spike in the sale of the Health & Wellness sector can be clearly seen. Even though COVID-19 is entirely impacting the economic victims, the health & wellness sector seems to have a more robust immune system. The health sector, with its increased sales, is working throughout to help fight the pandemic worldwide.
B2B and B2C sourcing platforms like Alibaba, Amazon, Walmart, and eBay have taken the initiative to make a change. They are offering services that matches the sellers with hospitals and local bodies. It has also declared the ongoing service of goods to the hospitals in need despite the location.
Transitioning to the eCommerce sector can be a benefit to the leading brands keeping the current pandemic scenario in mind. Not letting the global pandemic affect your business and, at the same time, help you increase the profitability and growth, opting to outsource can be an excellent opportunity for the sellers to invest the money and time for a hassle-free code of conduct. To attain better results and ensure a cost-efficient process by offshoring your tasks, will help you avail the more significant benefit of the services and work towards the expansion of the business.