E-commerce amidst the Pandemic
What is E-commerce?
Have we ever wondered what does this means? We might know this as something related to online business or something over the internet but e-commerce defines as the activity of electronically buying or selling products services on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet making, online transaction processing, electronic data interchange, inventory management systems, and automated data collection systems. This is in turn driven by the technological advances of the semiconductor industry and is the largest electronics industry sector.
According to OECD.org. (https://blog.bit.ai/top-technology-blogs/) “This brief discusses how the COVID-19 crisis is accelerating an expansion of e-commerce towards new firms, customers and types of products, likely involving a long-term shift of e-commerce transactions from luxury goods and services to everyday necessities. It also highlights how policymakers can leverage the potential of digital transformation in retail and related areas to support business adaptation and to enhance social distancing while ensuring that no one is left behind.”
E-commerce has become more necessary amidst this pandemic as everything changes. The contagious virus puts a limit on our daily lives or from what we’ve been used to. Upon the disadvantages, the pandemic also brought something to the people especially to the professionals or to the aspiring businessmen who want to build a career or to start a business. To some, the pandemic was indeed a blessing in disguise to those who developed their skills amidst it.
How does E-Commerce help or how big does it is help at time like this?
From some sources (https://blog.bit.ai/top-technology-blogs/) – buyer adoption of online CPG shopping has consistently increased over the last two years. Yet while factors like improvements in technology, infrastructure, and experience have resulted in pervasive consumer behavior changes, COVID-19 has caused another steep change in the way consumers shop.
As COVID-19 continues to disrupt industries and businesses around the world, the broader consumer industry finds itself operating in unchartered territory. Amid widespread health concerns, federal travel restrictions, and local movement limitations, the industry is facing the greatest, and fastest, change in shopping behavior ever.
What kind of E-Commerce are we going to put up amidst the pandemic?
Nowadays, the unemployment rate is increasing. A lot of people got fired because the company needs to decrease the manpower. A lot of businesses and work were deeply affected by the epidemic.
OPENGOVASI.com said that “The Philippines is continuing to rely on e-commerce and the digital economy to manage its economic recovery in the aftermath of the Covid-19 pandemic. With brick-and-mortar businesses being hit by lockdown measures, the Philippines’ e-commerce sector has seen a surge in the midst of the pandemic. As a result, the Philippines acknowledges the significance of e-commerce and the digital economy as key engines of growth and economic recovery.”
With this current part and happenings, my aim is to state how difficult and hard the unemployment started since the pandemic occurred. Many have lost their jobs. The very reason why we would like to put up this kind of business wherein it could help people most especially the jobless ones.
Upon this idea, how are we going to put up this now in reality?
The project’s purpose is to help unemployed people, tricycle drivers by earning money to support their families, and the general public stay at home and stay safe in the course of this widespread outbreak. To help is to give people another hope and opportunities. I am going to put this into reality by focusing on the mentioned target.
To give the readers a specific plan, here's a way to start E-commerce
· Get products from local suppliers
· Recruit those former small-market sellers to work as marketers for us.
· Make those tricycle drivers our deliverymen.
· Set up a branch in a different place.
· Involve technology in the business.
In the last 2019 and 2020, the outbreak and crisis brought havoc to people. It was the lowest low for every individual. A lot were affected not just when it comes to health but also when it comes to our livelihoods. Pandemic was extremely destroying lives, still, it is now. Many have experienced devastating moments including unprecedented public health crisis; causing lots of losses of work, lots of grieving, and lots of death. With its destruction on people’s economies and livelihoods, millions have been put at risk of falling into poverty.
E-commerce is certainly a significant aspect of our culture. Companies that take E-Commerce seriously and invest sufficient resources to its growth will be the most successful in the future. E-commerce is more than just an IT issue; it is an overflowing economic activity. Companies who embrace it as an excuse to fully redesign their business operations stand to profit the most. Furthermore, E-Commerce is a useful technology that provides consumers with access to businesses and corporations all over the world.
Through technology, everything becomes seems easy. E-commerce is one of the ways to a convenience. With its help, It will not only provide opportunities but also a life where it feels just light and easy access to all.
Thank you for Sharing this!
what a helpful way to reach out to those who are in needs, especially to everyone who are affected of this pandemic. life and livelihoods are much more important. a great way to spread informations like this through this blog! : )
This is on point since many people struggled and is still struggling because of the pandemic.Big help,indeed
E-commerce indeed has a lot of potential to grow our economy with focus on MSMEs. It is accessible, free, and has room for everyone to grow their business.
Yess to economic empowerment!!
The read was worth the while. Hands up!
This is very helpful especially to the tricycle drivers and local suppliers. Thank you for this!
Thankyou E-commerce 💗
Ecommerce provides a wide range of opportunities for businesses, from marketing to expanding product lines to increasing sales, and with a well-designed and optimized website, you can not only achieve these objectives, but also provide customers with a convenient, round-the-clock service that can help you grow your business.
Very informative! Thank you for this!