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Business Growth of Jazp during Covid 19 outbreak!

Business Growth of Jazp during Covid 19 outbreak!

Posted : 7-Jun-2020

Most people all over the world tend to shop online and buy items from several brands and companies that either can't find in their home countries or are not available to buy. Nowadays, but with the help of new smartphone and internet support, people from all around the world have started buying items online by sitting comfortably in their homes. This is an important advantage of e-commerce sites. As per the eCommerce company like jazp.com at Qatar is leading too high on their business levels. It is great that the sales increases in Covid 19 Pandemic!

As even more cities have been under lockdowns, non-essential businesses are forced to close, and usually, customers avoid public places. The situation is rapidly changing. Trying to limit all but important necessities to shopping is becoming a new trend. Brands must adapt and be versatile to match changing needs.

The number of people considered safe to accumulate in one location has dropped from thousands to hundreds to ten. Several big cities are closing down restaurants, bars, movie theaters, and gyms. Many office workers, meanwhile, face different challenges of working from home full-time.

Effectively, people get to grips with the realities of our globalized world and how difficult it is to differentiate those connections with others temporarily. It feels like an exaggeration to say humans are living in unbelievable times.

Another of the reactions we've been seeing to how people approach this time frame of isolation and insecurity is in huge changes in their purchase behaviour overnight. From buying in bulk to shopping online, people are changing what they buy, when, and how.

As we monitored the development of cross-border orders, depending on 345 + merchants selling mostly during the pandemic to international markets. Especially in comparison to its pre-pandemic benchmark week Feb. 24-March 1, eCommerce revenues are around 40 percent higher for the week of May 20-June 1, reports eCommerce protection and fraud prevention provider Signifyd Inc., which is focused on online sales data among 10,000 retailers.

Countries in the Gulf adopted tough steps to prevent the spread of coronavirus with strict Covid-19 lockdowns and large-scale disinfection operations.

Among the four regions evaluated – Saudi Arabia, the UAE, Qatar, and Kuwait – Qatar witnessed the highest increase in cross-border imports, increasing from March to April 2020 by 844 percent.

Kuwait results produced with a spike of more than 760 percent were not far behind. In the meantime, cross-border sales in Italy – one of Europe's hardest-hit countries – increased by about 40 percent in April, following a hit in February and March when confinement measures were first implemented.

These results could point firms in the direction of booming markets to help their post-pandemic recovery, according to the company's co-founders.

It was very clear and straightforward that Covid-19 has a very important effect on the way consumers shop from around the world and a lot of retailers do become totally reliant on their online sites.

eCommerce sites like jazp.com will play a significant role in the healing process of retailers, as it allows retailers to represent demand from countries where shoppers have returned to normal after the pandemic peak. Let’s See how it shows in the area of eCommerce

  • Mostly many buyers do purchase continuously through eCommerce stores mainly during these lockdowns, it means that normal retail shops performance is lower and that will never get recovered in pre-crisis situations.
  • The increased demand in e-commerce means that brands are critical of simplifying their shopping experience for international customers.
  • This was very clear that Covid-19 has a significant impact on the way other people make worldwide transactions and many regular and marketed retail shops were becoming totally dependent on their online stores.
  • E-commerce has boosted as consumers forced to stay at home have been inspired to rely on online platforms.
  • Retailers will reap the benefits of this development in order to integrate online distribution channels and restructure their sales strategy, marketing strategies and suppliers.
  • Sellers of the home, as well as furniture, electronics, health & beauty, have a medium-level ability to improve types of online platforms, while retail stores of grocery stores products have a high opportunity to augment profits using e-commerce platforms.

During 2019 Qatar's Food and Beverages (F&B) sector generated an estimated sale of QR 7.8 billion. Qatar 's restaurant sector was hit by the introduction of social distancing policy measures in March.

Since then, at-home consumption has shown a spike and out-of-home consumption is at a standstill.

Since 'enjoy a meal-in' has been suspended at all food outlets, the report said, importance is put on retailers delivering to improve sales.

The biggest supermarkets that had no prior notification of shipments are listed on Qatar's online distribution platforms to reach customers.

While restaurant dining may not even increase significantly during the recovery phase as consumers may be wary being in highly populated areas, the report said that there had been limited supply for takeaway in the last 2 months.

"We still always expect to achieve pre-pandemic rates during the process of recovery phase. The availability of at-home food consumption was observed throughout March and April 2020, as previously mentioned. It is also projected that this will continue in the medium to long term, with customers inclined to buy more on food, groceries, and freshly produced food items.

Therefore, in the current setting, it is important to ensure that effective communication is evident with foreign customers and in combination with standardized user experience; from letting customers know that you'll be open to business to being informed about the delays actually results from pandemic lockdowns and supply chain interruptions."

After the pandemic, the number of consumers shopping online has increased slowly, with 44 percent of respondents doing more of their shopping online mid-May – arise from 42 percent two weeks ago. Well after the COVID-19 impacts have subsided, 68 percent of U.S. shoppers are planning to start consuming important products online.

During the COVID-19 pandemic, online shopping in Qatar is slightly more prevalent among high-income households, with 71 percent say they see more online shopping in their future and 65 percent say the same for lower-income households. Coronavirus is also found to have an impact on back-to-school and vacation shopping, with consumers across all income levels expecting to spend less during these seasonal periods than in the year 2019.