Online buying had always been in vogue before the pandemic hit the world in full force and led to both national and international lockdowns. As such, people who weren’t essential health workers or had no cogent reasons to be outside were restricted to their homes. Schools and businesses were closed and the only thing that mattered was how to combat the virus.
Since people couldn’t move about as they want; people who didn’t subscribe to online buying in the past had too. Those who were online buyers before continued and even bought more. Therefore, online buying experienced a high surge in 2020. Due to the economic effects of the pandemic, businesses who had no online presence had to come online just to survive. A study shows that e-commerce grew from 10% to 40 %, with some retail companies having multiples of their revenues made within a short time. A lot … Read the rest