Nowadays, going out of your home is going to be a huge risk, especially for your health. We have an enemy that cannot be seen- which is COVID-19- and your best bet to avoid this enemy is to stay at home and be away from people for the time being. With this in mind, groceries and buying some necessities could be tricky. Most stores are still closed and others have a long line waiting for you just to get that bottle of milk. However, do not despair, there is a way for you to get the stuffs the you need and that’s through Amazon.
Amazon has been one of the most trusted e-commerce companies in the world, and they can deliver anything across the globe. Selling online has been one of the most thought out ways to gain money despite the COVID-19 crisis. It also connects the seller and the buyer without physical contact. It’s a much safer way to shop rather than going out in the open with the threat of having the virus. In addition, you can sell some items on Amazon as well. Grocery shopping has a huge effect on Amazon and grocery shopping online jumped from 11% to 41% in just one day. Through the past few months, Amazon isn’t showing any signs of slowing down.
Wall street is loving Amazon right now, with Amazon’s stock finishing the first quarter with a lot of gain, while the other tech giants and broader markets are going down on a steep hill. Amazon is at the top of their game right now. For the first three months of 2020, Amazon shares were up by 5.5%, winning over the S&P 500’s 20% drop, and Apple and Alphabet has watched their stocks go down by 13% and Facebook was down by 18%. This just means that Amazon’s stock is just that resilient compared to other companies amidst the COVID-19 outbreak. Amazon is looking like the beneficiary from this outbreak.
Shopping online has been an ongoing trend, and Amazon acts as a mall that can be on your phone or your computer without the hassle of standing in line. Shoppers and as well as sellers are benefiting in this situation. How Amazon continues to handle it all is something that other companies need to be inspired of, especially in terms of marketing and management.
Online shopping has been a thing of the past, but today with the outbreak that we are experiencing, online shopping has been so significant that some people depend on it just for the sake of being safe and following the rules in social-distancing. It’s great that there are various of people following it, but what’s remarkable is that there’s a company that can provide amidst all of this. Not only can it provide, but it can also be a source of income for the people that can’t go to work. At the end of the day, Amazon continues to be one of the biggest and widely known e-commerce platform, and it continues to rise amidst this pandemic.