Since WHO revised the COVID-19 epidemic earlier this month from a ‘national disaster’ to a ‘global pandemic,’ the emergence of the virus and attempts around the world to control it have indicated some drastic changes in our daily lives.
Labor Day is today much greater than a labour reform celebration, with its sacrifices to American workers’ political with economic achievements. Like other statutory holidays, it’s been turned into a buying extravaganza — an excuse to bring home hardware on the cheapest. We’re speaking about suits, tablets, mattresses, smartphones, televisions and everything that’s in.
However, when the time arrives you will need to move quickly: Unlike Cyber Week, the finest Labor Day sale lasts only for a day. They are over when they’re done.
While Americans aren’t busy lighting up the oven for a bbq in the backyard or taking to the streets this weekend on Labour Day, there’s a fairly good chance they’ll be able to browse the sales of the holiday. But if customers are not cautious, they may in effect be losing out on savings.
With numerous factories closing down entirely in affected countries, Amazon firms were (rightly) worried that this impact into the production process could mean an average trading and potentially running out of the commodity. Knowingly, of course, that being ‘sold out’ is one of the toughest qualities you can be on Amazon.
Meanwhile, Amazon has done its utmost to keep up with the evolving world, so it can continue to support its consumers – even when the network is most needed:
By preventing unscrupulous gouging with extreme fines, and significantly expanding the potential for delivery, and prioritising FBA household goods, medical equipment, as well as other high demand items, it has decided to save the great effort and stuff that will effectively be in demand and generate the best value possible.
ELECTRONICS AND HOME APPLIANCES
Deals on goods such as laptops, television sets and mobile phones in early September are actually not bad. And it should be the ones which should be bought. “Other festival discounts may prove to be much deeper but buying any Labor Day electronics weekend will make a bigger profit in your wallet than you need. Since the Covid 19 hit people have turned their back on the most precious goods while they look forward to the only essential items that will be productive at this time.
GROCERY AND GOURMET FOOD
Online grocery shopping provides two ways to consider the surge:
As in terms of ‘substitute shopping’: sales possibly have been purchased from Amazon (at a physical store) prior the pressure was added to sit at home. For ‘stocking up’ on supplies, especially semi-perishables for both safety reasons and to restrict the duration or need of potential shopping trips.
HEALTH AND HOUSELHOLD
There is a consistent online retail trend towards foodstuffs on the American market, for both consumable and fresh foods. That makes sense in terms of growing awareness about wellbeing and the air we breathe. It is probable that loading online foodstuffs will have become a requirement for some, with the potential of baking as a pastime.
- Nutrition & Food products saw a rise by 48 per cent
- Preparations for kitchen and bakery kept growing at +37 per cent
- Health and safety goods witnessed a growth of +98%.
TOYS AND GAMES
Perhaps the less shocking theme of the bunch, people are generally searching for ways to amuse themselves with the resources they have at their disposal.
- Demand of Video games in Germany have been raised by +31 per cent
- Toys & Games (US +10 percent, Germany +36 percent, Italy +30 percent *)
A glance at the subsections that have seen the most development in and sector shows that shoppers still want to build and connect.
PATIO, LAWN AND GARDEN
Customers make transactions knowing they are going to spend even more time indoors. Think ‘substitute shopping’ for foodstuffs, but made even wider. Naturally, customers are trying to get the outside world into: to buy items that help them sustain their daily “outside” habits in their own homes.
- The gardening field grew by +71 per cent
- Cleaning and maintenance of the building grew by +50 per cent
- Decorations in the garden grew by +19 per cent
What that means, exactly, would be separate from society. So let’s get started with subcategories to shine some light. This involves effectively investing in lawns, cultivating parks, and building up patios around their home’s indoor area. This has shown an uptick while still reflecting a changing attitude of people towards a normal and healthier climate.
INDOOR AND FITNESS
One thing all three audiences unquestionably share is a love of sports.
That’s a common alternative and knowing that social distancing doesn’t simply mean staying indoors but it also means buying recreational activities that can be performed alone or require minimal touch.
- Games & Leisure products have grown in demand in Italy by +236%, in Germany by +35%.
Of course, indoor workout apparatus is also common because customers are compelled to give up gym trips.
We expect this pattern to persist as cancellations of sports competitions are now ramping up in the USA and Germany.
HOME OFFICE AND SCHOOL SUPPLIES
In the US, though instructions and laws differed quite a lot by state, big changes like (mandatory) closing schools and company closures were declared early in March for the most part. That being said, it is clear that in Italy, where loneliness has pushed those who can carry their job within the home, it would be a natural decision to spend in furnishing the space:
- Business goods supply in Italy increased by +43 percent in the further months.
COVID ESSENTIALS
Survival shopping implies products which have an innate relation between virus and demanded goods. More commonly, medical equipment, and more specifically, for example air purifiers:
- Health & Households in the US rose by +13%
- Health & Personal Care in Germany rose by +19 per cent
- Appliances (+14% in the US), primarily powered by air purifiers (+74%)
SPORTS AND OUTDOORS
Notably, ‘Sports & Outdoors’ has grown significantly in most markets, but some countries have seen growth rates 674 per cent higher than those of the other market. This indicates that developments already formed are likely to continue while the US, including others, is now facing increased alienation from home.
CBD
Not unexpectedly, with people around the world focused on ‘essentials’ – and partially due to demand congestion before it occurred – we saw a slowing down in CBD exports, unprocessed hemp and isolating across the globe for a while. But the actual fact is that CBD is now an imperative to tens of millions of people across the world; and if stocks have been depleted, imports have been taken up almost immediately.
Besides that, there is a quickest-growing variety of renewable goods manufactured from hemp: the fact is that hemp can – and is likely to – replace too many other resources, from textiles to plastics, to construction materials and perhaps even fuel; and the desire for organic and environmentally safe materials to be used in the lengthy period outweighs the fears of a recession.
CONCLUSION
It seems the market for e-Commerce will rise in the middle of the coronavirus pandemic – at least for certain product areas. What we can’t be for sure for now about is how the world economy will be factoring in shifts.
And while we don’t recognize what exactly will be done, it’s obvious that Amazon, as the biggest online store in the world today, will respond rapidly to the crisis as needed.
