On January 30th, WHO declared the outbreak a Public Health Emergency of International Concern (PHEIC). On March 11th, Director-General WHO characterized COVID-19 as a pandemic.The Corona effect is not just limited to just the healthcare sector. Because of virality, the cities are in the state of lockdown that directly affects almost every industry and business niche.
The proportion affected grew for lower-income households, with 25% of those making less than $50,000 a year reporting that they had been let go or had their hours reduced
These are challenging times we’re facing. Regardless of their location, every entrepreneur is concerned and uncertain about the impact of COVID-19 on their business. AliDropship works closely with AliExpress. As the majority of AliExpress suppliers are in China, the past couple of months have been extremely difficult for dropshippers in the wake of COVID-19 pandemic and disruption of Chinese production.
The retail industry (and many other industries) were literally disrupted overnight in Europe, and everyone who was hesitant with the decision of going online with their business is pretty vulnerable at this moment. Many smaller businesses are trying to quickly group and rely on social media platforms as the easiest and quickest way to promote, and obviously sell their products online.
It’s frustrating to see the number going down, it truly is. But we’re quick to move forward with our initiative. At the moment, we’ve calculated several scenarios ranking from worst to best with detailed plan of action accordingly.Now in these hard times, how can businesses stay relevant and continue their existence in their industry? The Coronavirus virus spreads through physical contact and therefore physical distance, avoiding social gathering has become the norm. In fact, this is why people are afraid to go out and shop However, online businesses do not face this issue and thus these businesses could use their digital presence, social media, and related solutions to capture the market share.
Retention is of the utmost importance at this time, because acquisition costs are spiking as offline stores move online, and the usual channels become less effective. Cashflow will be king for merchants over the coming months of uncertainty, so marketing spend must be focussed where it will deliver the highest return.
TemplateMonster has already joined the “all remote” movement, and right now every employee is working from home. This decision was made to help everyone do what they love from their homes, and so far, we’re doing fine.
While footfall in physical retail stores is understandably decreasing due to social distancing measures, this is an interesting time for ecommerce. According to Ipsos MORI, 50% of Chinese and 31% of Italian consumers say they’re shopping online ‘more frequently’ to purchase products they’d usually buy in-store. Other countries such as Vietnam, India, and Russia have also seen their populations turning to ecommerce more often to shop – with an increase of use measured at 57%, 55%, and 27% respectively.Business owners are also worried that they are already facing loss and launching an online business or focusing on digital strategy may create more financial burden.
Speaking on behalf of the whole AliDropship Team, we want to emphasize that our clients continue to receive the best service and the highest quality products from us. As always, our Customer Support team will do their best to answer any clients’ questions to encourage them to keep going.
MageAnts provides support to our eCommerce clients in this critical situation. We are also ready to help our merchants in any case if required.Expert Opinions
In this critical time, eCommerce plays a very critical role to fulfill all the requirements of the people. Consumers could easily purchase their needs and avoid exposure to public places.
During such times, eCommerce stands to be a major solution for the increasing confusion and fear in society. The best way to fight off these tough times is by meeting the gap in essential needs caused by isolation and social distancing. Where again eCommerce has come up as a panacea.
In such scenario E-commerce businesses can play their part by directing their resources to fulfill the essential orders only following the footprints of Amazon.
Such times highlight the importance of having online presence to ensure that customers are being served with the basic necessities in the lockdown period as well.
In Healthcare, eGrocery, Food, and other basic essentials eCommerce is a durable and resilient answer. With all attempts in place for safe order processing and deliveries, customers can rely on the strength of eCommerce during these challenging times.
One of our FMCG B2B customers has recently made $1 million in online sales in 1 day – that’s double their record, and triple their average numbers. Right now B2B commerce businesses need all the help they can get as their operations are put under a stress test. When demand is strong, customers count on B2B eCommerce platforms to endure the high load and provide accurate product data.
Here are the key points which every eCommerce store owner should consider at this crucial time.
- Support convenient ways to shop with pick-up, drive-up, and same-day delivery.
- Clearly mark out-of-stock items.
- Strictly adhere to the fair market price of all products and realistic date of delivery.
This is a time to re-adjust and refocus to keep the businesses afloat while serving the public good. We see a rise in demand for educational, sports and entertainment-focused products, and it is expected to grow further.
Online stores can offer their widespread network website and social media platforms to spread the COVID-19 related information to people.
Sell multichannel. This is the best way to maintain sales, overcome crisis effects, and even grow. And it’s much cheaper than running ads. The more sales channels you use, the more prospective clients you reach and that will help you increase profit.
Ask other sellers for advice, exchange experiences, share the tips that work for your business during the pandemic. It’s so important for businesses to unite their efforts and offer mutual help. Now as never before. So, don’t be ashamed to ask and greedy to share.
With the terrible blow that brick and mortar stores all over the world are experiencing because of the shut-down instructions by governments, having a running eCommerce solution at the moment gives merchants an important competitive advantage. First of all, by not closing all of your retail channels, your company will ensure the constant cash flow, but most importantly, keep your employees engaged and employed, during and after this horrible time of uncertainty.
It’s an uncertain time for ecommerce merchants, however, the current situation provides an opportunity for stores to create a sense of community at a time when consumers need something to feel connected too.
Put profits aside, keep your employees safe is of utmost importance. Move your business online while make sure that your staffs are able to complete online tasks quickly and compliantly. Don’t forget to prepare for virtual onboarding as well.
As we all know, the COVID-19 novel Coronavirus outbreak is a terrible human tragedy, affecting thousands and millions of people across the world. No country is safe from this Corona pandemic. For people to save themselves from the virus, they should stringently follow the self-quarantine advice of their government.
we’ve noticed a demand for perfecting ecommerce website as the social distancing is planted. Therefore, we’re running a support package with discounts and free SEO audit as a win-win solution for us and our partners.
As we all know, the COVID-19 novel Coronavirus outbreak is a terrible human tragedy, affecting thousands and millions of people across the world. No country is safe from this Corona pandemic. For people to save themselves from the virus, they should stringently follow the self-quarantine advice of their government.
It’s an uncertain time for ecommerce merchants, however, the current situation provides an opportunity for stores to create a sense of community at a time when consumers need something to feel connected to.
It is important that you stay separated from people for as long as it takes for your city, state or country to get through the virus!
It’s an uncertain time for ecommerce merchants, however, the current situation provides an opportunity for stores to create a sense of community at a time when consumers need something to feel connected to.
Thankfully, we are starting to see the long anticipated recovery in China as businesses return to work and begin fulfilling orders.
| S.No | Brand | Category | Coupon Code |
|---|---|---|---|
| 1 | Social Rabbit Plugin | Extension | MAGENTICIANS30 |
| 2 | AliDropship plugin | Extension | MAGENTICIANS |
| 3 | DropshipMe plugin | Extension | MAGENTICIANS30 |
| 4 | Meetanshi | Extension | WEGOTTHIS |
| 5 | MageComp | Extension | MageComp10 |
| 6 | CedCommerce | Extension | WECARE20 |
| 7 | Cloudways | Hosting | MGT25 |
In these times of pandemic, we all need to stand together as a community. Our heart goes to the members of our medical community and service providers. Our prayers are with those who are affected by Covid-19.
Stay home, stay safe, follow the precautions and preventions, take care of those in need and soon we will get over it.
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