21–30 of 131 posts
Really? What are people buying?
Earlier quoted context omitted.
Good story here https://www.visualcapitalist.com/shoppers-buying-online-ecom... Food, workout items, entertainment. A lot of categories are through the roof!
> workout items I wonder if gyms will ever come back from this. Gold's announced yesterday they are permanently closing 30+ locations. Even when people go back out, gyms were never the cleanest places to start with. Some places will require masks for the near future, so how does that work at a gym? Now that I'm been forced to finish my home gym, I'll likely cancel my membership once things open again.
If they lose any significant portion of the people who could afford to buy home equipment, can they still serve those who can’t?
Really? What are people buying?
Same here. We have provide a warehouse management system specifically for e-commerce warehouses, as SaaS. We are (one of) the biggest player in the Netherlands, and since "social distancing" started here 4 weeks ago we see Black Friday 2019 levels of orders every day, for 4 weeks straight now. We have some customers that saw there orders come to a stop, even a few bankruptcies already. But almost all see a 30-40% big…
Same in France, most makeup brands are x2-x3, fashion is x1.5 to x6 In France there is no increase of unemployment, instead they are at home getting paid, I guess they have a lot of money to spend as they can't party or go the restaurant It is actually quite visible here : https://contentsquare.com/covid-19-ecommerce-impact-data-hub...
Because French law makes it so hard to fire a full-time employee, many businesses only hire workers on a part-time basis.
In contrast, most US unemployment numbers generally include all individuals seeking work, regardless of the type of employment they previously had.
Earlier quoted context omitted.
Good story here https://www.visualcapitalist.com/shoppers-buying-online-ecom... Food, workout items, entertainment. A lot of categories are through the roof!
I went to my local big box store maybe three weeks ago and the whole fitness section had been cleaned out. It seems like bikes are getting very popular (at least here in PNW) and I wouldn't be surprised if it's very hard to find a decent bike in 2 or 3 months. As we cycle through the seasons different items / categories are going to get unexpectedly popular. Nobody really knows how to keep themselves sane during Augu…
We run an omni-channel API connector service for our wholesale distributors to connect Shopify/marketplaces to our own back-end on-premise ERP, and the distributors that have utilized this service are seeing record breaking numbers that are in-line with what Shopify is saying.
The downside? We launched this service less than a year ago and could’ve showcased some staggering numbers if we launched earlier. We’re trying to show the limited data we have to our customers to convince them to pivot to e-commerce while their wholesale channels are suffering.
I've been talking to as many companies as I can during all of this. The surge is not evenly distributed but a lot of companies are seeing surprising upticks in online traffic and sales. The big question though is how long will this last? I think the general population has not yet appreciated the possible severity of the ensuing economic downturn. A lot of trade publications are already starting to sound the alarms on…
> I think the general population has not yet appreciated the possible severity of the ensuing economic downturn. My fear as well. The swiftness and ferocity of this downturn is like nothing ever, AFAIK. 22 million out of work in 4 weeks. Many are unlikely to get their jobs back. So while certain companies are seeing upticks due to logistics of the lockdown, I don't think it's safe to assume it would continue long aft…
Their original job? Sounds plausible. Any job? Surely that would be a political choice for their respective governments? Unless there’s a reason we can’t repeat the famous infrastructure jobs programs from a century ago - I’m no economist, so I genuinely don’t know, but Hoover Dam Mark 2 sounds good to me.
Really? What are people buying?
I hold a pessimistic viewpoint because it's a lot more insightful to look at losses than it is gains. With so much brick-and-mortar retail shut-down, retail has to happen somewhere, so it's going to happen online. Increases in product sales online could result in net declines for the product group when you factor in the loss of B&M sales. I think the logical result here is pretty well-represented in how some public c…
Earlier quoted context omitted.
Same in France, most makeup brands are x2-x3, fashion is x1.5 to x6 In France there is no increase of unemployment, instead they are at home getting paid, I guess they have a lot of money to spend as they can't party or go the restaurant It is actually quite visible here : https://contentsquare.com/covid-19-ecommerce-impact-data-hub...
France's unemployment numbers don't include the many contract workers that are not full time employees under French law. A lot of them are out of work right now and receiving nothing from the French government. Because French law makes it so hard to fire a full-time employee, many businesses only hire workers on a part-time basis. In contrast, most US unemployment numbers generally include all individuals seeking wor…
[1] https://www.lesechos.fr/economie-france/social/coronavirus-h...