Changes in the E-Commerce Landscape Amid COVID-19 - smartData TOP

Changes in the E-Commerce Landscape Amid COVID-19

Before pandemic no one has thought that it would be this hard for every business to survive, due to which many businesses have been collapsed or are on the verge of collapse. The COVID-19 crisis has led people in many countries to significantly limit physical interactions. Self-imposed social distancing to avoid contagion, together with the strict confinement measures implemented in many countries.

The COVID-19 crisis accelerated an importance of e-commerce towards new firms, customers and types of products. It has provided customers with access to a significant variety of products from the convenience and safety of their homes, provide freedom to easily order at any time and has enabled firms to continue operation in spite of contact restrictions and other confinement measures.

Despite persistent cross-country differences, the COVID-19 crisis has enhanced dynamism in the e-commerce landscape across countries and has expanded the scope of e-commerce market, including through new firms or existing firm, consumer segments (e.g. elderly) and products (e.g. groceries and necessary items). Meanwhile, e-commerce transactions in many countries have partly shifted from luxury goods and services towards everyday necessities, relevant to a large number of individuals.

Some of these changes in the e-commerce landscape will likely be of a long-term nature. Keeping these things in mind and having a team of dedicated skillful developers at smartdata we have a pre-build in house product smartE-commerce for single/multi vendors with features such as list product, manage pricing, advanced search with filter widgets, review and rating, chat support, gift card and reward points etc. That can be customized as per your requirements. Connect with us for the demo and to help your business regrow again.

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