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WHO GAINED AND WHO LOST FROM THE COVID 19 PANDEMIC

The time of the COVID 19 pandemic is a testing time for many entrepreneurs. There are industries that are doing well and have even benefited from the coronavirus. However, there are also companies that have lost a lot and their market position is under threat. These are companies that rely on direct contact with the consumer as well as the movement and gathering of people.

Leaving home and contact with other people carries the risk of COVID 19, which is why the “Stay at home” campaign is promoted, then most people look for alternative solutions, e.g. for traditional shopping.

Many companies during the pandemic recorded an increase in revenues from online sales. According to new data compiled by Digital Commerce 360, before the pandemic, 28% of surveyed users declared that they shop online every week. During the COVID-19 pandemic, this rate increased to 36%. These companies sell and deliver home groceries, household chemicals and cosmetics. This ensured, above all, safety for company employees and customers. The isolation associated with the pandemic has increased interest in e-commerce, according to a study by Ipsos. Additionally, 78 percent. of respondents shop online, of which 5 percent. for the first time, and 26 percent. used internet services, a quarter of which for the first time. Contactless delivery was used, online payment option. The number of deliveries and food orders with home delivery increased.

Due to the pandemic, gastronomy found itself in an extremely difficult situation. This problem was solved by introducing the possibility of contactless courier delivery and cashless payment. The food was delivered to the so-called “delivery”

Food delivered to your home

Due to the pandemic, gastronomy found itself in an extremely difficult situation. This problem was solved by introducing the possibility of contactless courier delivery and cashless payment. Food is delivered straight to the customer’s door.


CEP courier industry

Parcel lockers have made available applications that allow remote opening of lockers without touching the parcel locker panel and standing in the queue.

Couriers delivering parcels home have introduced a safe form of parcel collection, limiting direct contact with the courier with the customer.


Media on demand and the gaming industry

Any form of entertainment outside the home immediately ceased to be possible. There has been an increase in the use of digital services by society. Ipla and Player services increased the offer of Video On Demand, and producers of computer games noticed a greater interest in their products.


Medical industry

Producers of masks, tests, gloves and protective equipment have recorded a greater demand for their products, which can be seen from the increase in the share price of the above-mentioned producers.


Ed Tech industry

By introducing remote education, the demand for online platforms for teachers, access to online courses, programs to support children in learning and homework has increased significantly.


The most endangered sectors are tourism, trade, transport and culture. Most of these industries had to reduce their activities to a minimum or shut down their activities periodically.


Gastronomy

Restaurants, pubs and bars have been closed. Only from this group of restaurants can be sold to take away. The remaining gastronomic points offering alcohol and entertainment remained completely without option as no one will buy take-out alcohol.


Tourism

The closure of borders, which external and internal restrictions on the movement of Poles, affect the owners of travel agencies and hoteliers. The pandemic limited the resources of Poles, which discouraged them from being interested in foreign and domestic trips.


Transport

Transport will also have to take into account the long-term consequences of the epidemic. Although the freight traffic has not been halted, the so far strong Polish logistics industry has nothing to be happy about. The coming recession in the west will be associated with a decline in demand for transport.


Culture

institutions like cinemas, theaters, galleries and other cultural centers were closed, and today they only count losses.


The crisis related to the Pandemic is merciless for many companies, it threatens with the collapse and complete liquidation of many companies. Due to COVID 19, in 2020 as many as 69% of entrepreneurs had problems with maintaining financial liquidity, according to a study conducted for Big InfoMonitor. However, there are industries; Internet sales, courier and medical industries, the media treated the pandemic more gently, forcing them, however, to introduce costly, innovative solutions.

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Jonasz Buksztynowicz
CEO