Amid the world's lockdown due to coronavirus outbreak, many retail stores and vendors are finding it hard to retain their customers. Sellers are quickly moving to online marketplaces like Amazon & Flipkart(or Walmart) to sell their products. Become a helping hand in your region, by starting an eCommerce marketplace with Yo!kart quickly. https://www.yo-kart.com/
This is a lifetime opportunity for entrepreneurs who wanted to start an E-Commerce business. Have a look at the presentation and learn more.
Visit www.yo-kart.com if you want an eCommerce platform for your business.
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Coronavirus (COVID-19) & E-Commerce: Impact due to Lockdown & Quarantine
1.
2. COVID-19: Current Scenario (as of 30th
March)
● Total Coronavirus cases has reached 723,317 worldwide with
highest cases in USA reaching 142,735
● The death toll has reached 33,933 worldwide & a rise is
expected in the coming few months.
● The increased level of uncertainty and insufficient action plan
has resulted in financial market volatility which was last seen
during the global financial crisis in 2008
Source: www.worldometers.info/coronavirus/
3. Impact of COVID-19 on World Economy
The extent of the impact will depend on three things
● How long will it take to contain the virus
● Economic support government is ready to deploy
● Steps authorities take to contain the pandemic
Source: www.yo-kart.com/blog/
4. Impact of COVID-19 on World Economy
Estimates of the global impact vary: early last week, the
Organisation for Economic Co-operation and Development
(OECD) predicted that COVID-19 will lower global GDP growth
by one-half a percentage point for 2020 (from 2.9 to 2.4
percent); Bloomberg Economics warns that full-year GDP
growth could fall to zero in a worst-case pandemic scenario.
Source: www.yo-kart.com/blog/
5. Sectors Affected due to COVID-19
● Grocery
● Food & Beverages
● Home essentials
● Sporting
● Agriculture
● Travel & Tourism
Source: www.yo-kart.com/blog/
6. Sectors Boosted due to COVID-19
● Telecom
● Healthcare
● E-Commerce Marketplaces
E-commerce marketplace is the most promising is because it
adheres to every norm that the government has announced and
still empowering other local businesses which have lost its
prominence due to the lockdown period.
Source: www.yo-kart.com/blog/
7. E-Commerce industry in today’s scenario?
● People are not stepping out due to lockdown and so, they are
completely dependent on e-commerce websites & marketplaces.
● Already established E-commerce marketplaces are helping local &
small businesses sell their products
● Thousand of online stores have been launched in the last 1 week.
● According to stats, internet usage has increased by 50%,
entrepreneurs do not have to worry too much about their
viewership.
Source: www.yo-kart.com/blog/
9. How Entrepreneurs can utilize the lockdown
period?
● Social distancing is needed for next 4-5 months. Start selling online
by building your ecommerce store.
● Many sellers are looking to sell online desperately, so building an
online marketplace similar to Amazon or Walmart would be
beneficial.
● Spend time on choosing the right platform who has all the features
to launch your eCommerce business.
CONT..
Source: www.yo-kart.com/blog/
10. How Entrepreneurs can utilize the lockdown
period?
● Do intensive market research and understand what your
competitors are offering during the pandemic time.
● Change seller policies to make it easy for sellers to sell their
commodities on your marketplace.
● Leverage the power of mobile and mobile notifications as
your target audience would want to easily connect with
your brand.
Source: www.yo-kart.com/blog/
11. Yo!Kart is with you against COVID-19
We understand the market has become unpredictable which is why
we suggest you invest money on something which will give you
benefits later too.
Considering the ongoing demand for eCommerce, the online
survival tactic is to launch your eCommerce marketplace. Our team
is working to fulfill the growing demand by delivering ecommerce
stores quickly and handling clients and their queries diligently.
Source: www.yo-kart.com/blog/
12. Yo!Kart is with you against COVID-19
We have slashed the price to 50% on our startup special package
during this crisis to support any offline business that wishes to set up
their store online. Start at $250 with these additional benefits:
• No additional payment for 1-Year.
• All the standard eCommerce features
• Free Hosting
• 1 Year Free Support
Visit here for all the required details: https://www.yo-
kart.com/multivendor-marketplace-startup.html
Source: www.yo-kart.com/blog/
13. Yo!Kart team is with you in this
turbulent time.
Get Free Business Consultation, visit: www.yo-kart.com
Phone: +1 469 844 3346