A survey found that: - 79% of respondents saw their sales reduce in 2020, with over 40% seeing a reduction of over 50% compared to 2019. - 62% of respondents reduced their purchases due to Covid-19 across many locations and industries. - 70% of respondents experienced delays with their orders. - 70% of respondents were willing to accept delays of over 10 days from suppliers because of Covid-19. - 86% of respondents were optimistic that 2021 will be better than 2020.

1. Powered by
COVID-19 Survey
Findings
Wednesday, December 09, 2020

2. Powered by
Survey Findings
“2020 has been a very tough year for a lot of firms and a lot of companies.”
The key findings from our survey are:
• 79% of respondents have seen their sales reduce in 2020. Over 40% have seen their sales
reduce by over 50% when compared to 2019.
• 62% of respondents have reduced their purchases due to Covid-19. This drop in purchases
went across many locations and industries.
• 70% of respondents have experienced delays with their orders.
• 70% of respondents are willing to accept delays in excess of 10 days from their
suppliers because of Covid-19.
• 86% of respondents are optimistic that 2021 will better when compared to 2020.

3. Powered by
Q1: Have much has COVID impacted your sales compared to 2019?
42.86%

4. Powered by
Q2: What global regions are you source products from?

5. Powered by
Q3: Have you reduced your international purchases in 2020 due to COVID?
37.21%
9.30%
16.28%
37.21%

6. Powered by
Q4: Are you experiencing any delivery delays from your Suppliers?

7. Powered by
Q5: Because of the COVID, how many days delay from your suppliers are
you willing to accept before you cancel an order?

8. Powered by
Q6: Are you optimistic that 2021 will be better than in 2020?
45.45%
20.45%
20.45%
13.64%

9. Powered by
For more details please contact
aidan@goodada.com
Or call Goodada at
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