Corona-virus and its impact

2 min read
Changes in Consumer Behavior Post-Pandemic
  • Nielsen reports that post-corona-virus changes in consumer behavior, including permanent shifts in the supply chain and the use of e-commerce. 
Movie and Concert Attendance
  • Disney predicts long-term changes in consumer behavior to include lower attendance at movie theaters and parks, increase viewership of streaming services, and fewer viewers of live TV. Part of the reason for this change in behavior post-pandemic is going to be due to the "disruption in the creation and availability of content", in addition to the cancellation of sports events and the stoppage of most film and TV production.
  • Disney raises speculation that the media and entertainment business may change in "fundamental ways", and the company expects to see an increase in its Disney+ streaming subscribers. Universal Pictures announced that the animated Trolls World Tour have announced a change to release through streaming services instead of the planned big screen release.
  • It is speculated that the movie theater giants such as AMC and Regal may be able to survive, however, small and independent movie theaters are predicted to have to close their doors due to already narrow margins that are heavily based on concession fees.
Use of E-Commerce

Industries Expected to Thrive
Grocery Stores

Industries Expected to Be Hit Hard
Movie industy

You may like these posts

  •  Canadian shoppers differ from American shoppers in several ways, including how and why they purchase products online. Affordable prices are more important to Canadian shopper…
  •  Adoption of renewable energy and digitization are some trends impacting the global energy sector. There is limited available information in the public domain regarding how ke…
  •  Small and medium-sized businesses usually adopt digitizing processes to save on expense and storage space along with improved efficiency. There are many unmet needs in this i…
  •  The pandemic has pushed the internet into the forefront of importance for all Americans. It is the topic of daily conversation and considered as essential as electricity by s…
  • Talking about money has always been a taboo subject in the United States because it represents status. The more money one makes, the more it influences how successful they believe …
  •  Additional online platforms that help grow Instagram followers include Firing Table, Instamber, Social Buddy, Social Sensei, Tree Frog, Ampfluence, Upleap, and Social Captain…

Post a Comment