How RetailStores are coping with COVID19

Did you know #Shoppers feel more comfortable buying products from an empty shelf as it means lots of other people have also bought the product? • More than 15 500 stores have closed since #COVID

There are New regulations in every store/mall Following worldwide regulations with Center For Disease Control (#CDC), World Health Organization (#WHO), and National Institute of Health (#NIH)

Covid has influenced #consumerspending

• more cautious to spending, buying more #medication (which has been damaging to some)

• They are Buying Anything to make their home life easier- so buying #gymequipment, making their life in space more comfortable

Retailers move to #E-commerce

• most have moved to #onlinepurchasing for #convenience, #exposure, and #sustainability

• #Socialmedia and #websitedesigns have made it easier to interact with customers

There is an increase in #unemployment rates and a #damagedeconomy

• People were fired or retrenched

Retailers are feeling the effect

• They are Overwhelmed -the change happened so quickly almost overnight • They Have had to adapt while keeping customers intrigued

Convenience is key

• Keeping #customerloyal and excited about your #brand is important in the long run

Read More: https://blog.thedigitalmarketinginstitute.org/how-are-retail-stores-coping-with-covid/

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