Which companies might see increasing consumption in Coronavirus Outbreak?

-
The Covid-19 outbreak has shaken more than 150 countries on the planet.
Though the consumption across all sectors is up for a toss with IMF declaring that the world has entered a recession, there could be a silver lining for some industries.

Industries with increasing consumption could possibly be:


  1. Healthcare and Medical Services
  2. Insurance - Life, Term etc-
  3. Broadband Services
  4. DTH Connections
  5. OTT Platform Subscriptions
  6. E-Commerce - In geographies where the lockdown allows the deliveries to happen.

All the above-mentioned industries might just witness a momentarily bump up in numbers. In the long run, the sooner we get over Covid-19, the better it is for world economy.

A detailed opinion piece on this can be accessed HERE.


Stay Safe.

Comments

Post a Comment

Popular posts from this blog

Why Another Blog?

-
Blogging has been a deep interest area for me from the time when the internet meant only porn, walking out of Cyber Cafe was a criminal act and dial-up connections at homemade orchestral music hitting all frequencies while the phone attempted to connect to the internet. I am talking about the early 2000s when the internet was a luxury. I remember we had a Compaq Presario at home and it was without any internet connection. Of course, the internet was supposed to spoil the kids. However, somehow we managed to use the dial-up connection occasionally.
Even in those days, I recall I was keen to write and create some content for the world to read. I remember the title of my very first blog, it was called - Technology, Management & What Not !!! (Ya, there were 3 exclamation marks). I kicked off writing thinking the world would read, but as the harsh reality hits every newbie blogger, you are your only reader. However, the interest in blogging never dosed off. I kept on writing whatever I f…
Read more

Covid-19 Might Leave Limited Room for Product Experience

-
Image
Covid-19 has made social distancing a household term. A term which probably no one heard of before the pandemic. Consumers are more cautious about hygiene and health than ever before. Marketers across the globe expect few irreversible changes in the consumer behaviour post-Covid-19.
Bose - The Champions of Product Experience

Keeping post Covid era aside, there are few developments which caught my attention. A few months ago Bose Corporation decided to close off all their stores in the US and few more markets. Yes, the same Bose Corporation which has stayed pioneers in audio technology for years and is on the wishlist of every audiophile. The company took a call to sell products only via the online channel. This came as a surprise. A company which has a legacy of experiential products suddenly decided to do away with the experience part of it. If you visit any Bose store, which you still can if you are in the UAE, India or South Korea (they haven't closed the stores there, yet), it…
Read more