From the very onset, the Covid-19 pandemic has wreaked havoc on the global economy overall. However, it particularly small businesses. Restaurant industry woes, for example, are pretty well known. Restaurants have struggled in places where indoor dining has yet to reappear.

During the storm, some people fared better than others. Fine dining establishments cannot replicate the experiences they provide in their own restaurants. Online dissertation help for instance has flourished and so did pharmaceutical companies whose sales revenue increased due to their search for a Covid-19 vaccine. Technology behemoths boosted too by the trend of remote working. While on the other hand retailers are offering lockdown necessities online.

Here is a list of some businesses that hit the roof during the pandemic situation.

Hand Sanitizers 

Panic buying in response to the coronavirus pandemic has resulted in a wide range of household products flying off the shelves at your local supermarket. This staple product has only been commercially available for a few decades but is clearly now regarded as a necessity by many people. Yes, you guessed it all right – hand sanitizer.

Since the very first case of COVID-19, the sales of this disinfecting gel have skyrocketed ever since. According to market research, hand sanitizer sales in the United States alone increased by 300 percent during the last week of February, a period that saw earlier deaths from COVID-19. This hand sanitizer industry is one that already sees billions of annual sales of products due to the sheer dissipation of Covid-19.

As demand for hand sanitizers worldwide continues to rise, retailers and online vendors have to raise prices. Hand sanitizer has been sold out in supermarkets and pharmacies across various countries, leaving only empty shelves where disinfectant products would normally be found.

Digital Solutions and Freelancing

Businesses are increasingly turning to more remote and flexible workforces as a matter of necessity. According to one study, nearly a quarter of companies and businesses plan to relocate at least 20% of their on-site employees to permanent remote positions. As more workers work from home, executives are emphasizing the importance of having the right collaborative technology and security in place.

In addition to this, more demand for contract services may result from corporations downsizing and reducing permanent payrolls, which may lead to increased purchases of commoditized services from gig sites such as Fiverr, Remote.com, and Upwork. It’s also possible that an urge for no-contact is driving this, as fewer people in the office means less potential for Covid-19 transmission.

Remote Working Software

With its digital backdrops becoming a cultural touchstone of the coronavirus crisis Zoom has been used during these times quite frequently. To the point that video conferencing company has come to symbolize the 2020 work-from-home conditions. Opening its business-focused app to a large group of non-paying consumers and educational institutions presented challenges, but it also aided Zoom’s rise to prominence.

Wider use brought to light its security flaws, which the company addressed as well. When compared to the previous year, the number of medium and large businesses using Zoom had more than tripled by the end of March 2020.

Online Retailers and Ecommerce Sites

During the pandemic, online retailers did very well. Amazon remains a behemoth. While Amazon’s sales growth has been impressive over the last decade, the quarantine provided a significant boost to its sales. Since its consumers were unable to visit stores to make purchases.

Similarly, last year, Shopify surpassed eBay to become the second-largest e-commerce group, just trailing behind only Amazon. The pandemic has accelerated the shift of shopping online. With Shopify among the primary beneficiaries, having more than doubled its valuation since the beginning of 2020 – that’s also the beginning of the COVID era.

In simple words: it should be purely based on the findings you’ve already given in your earlier chapters. Yes, avoid the urge of adding a cool new point that just came to mind. Although, if you just have to add it anyway, go back to your results and discussion chapters to introduce it there.

Home Chefs

A perfect storm of events aided the home chefs’ ascension. Due to restaurant closures, people who normally ate out now had to cook their own meals. Even with stay-at-home orders in place, home chefs remained open as “essential businesses.”

People who were out of work experimented with cooking on their own. While social media constantly floods with photos and videos of amateur bakers making bread, cakes, and other treats. Prices rose as people worried about shortages, and demand increased. Furthermore, they did not have to rely as heavily on couponing and other price promotions to get customers in the door. Since apps like Foodpanda covered them here perfectly.

E-learning

The pandemic has affected countries from all across the globe through school and university closures severely. However, with readily available remote learning technologies, many programs could be instantly reformatted for online delivery. With colleges shifting to distance learning and many teachers for the first time experimenting with Google Classroom or web apps like Zoom, and Seesaw for students as young as kindergarten. Many parents are also experimenting with homeschooling for the first time.

Meanwhile, massive open online courses and webinars are gaining popularity among adults and business owners all over the world. Coursera and Udemy offer their support by making various course catalogs free for college and university students. Through these courses, people seek answers about self-development and financial survival in order to cope up with the financial crisis in the COVID Situation.

Conclusion

The coronavirus outbreak has had a devastating impact on the global economy. Many businesses failed miserably. Stocks in the energy sector have lost half of their value. Nonetheless, a few companies will emerge from the crisis stronger than they were before. Such particularly include digital solutions, online academic, and UK dissertation writers services. Some of these companies have made sure that they are in a position to meet the needs of the pandemic economy. Others have the resources to outlast their business rivals who may be hit harder by the pandemic. Some are at the forefront of COVID-19 prevention, cure, or mitigation efforts. Yet it is needless to say that everyone is struggling in this situation. Some for better, others for worse.

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