Changes in Consumer Behavior Post-Pandemic
Industries Expected to Be Hit Hard
Movieindusty
- Nielsen reports that post-
corona-virus changes in consumerbehavior, including permanent shifts in the supply chain and the use of e-commerce.
Movie and Concert Attendance
Industries Expected to Thrive
- Disney predicts long-term changes in consumer behavior to include lower attendance at movie theaters and parks, increase
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.viewership - 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
to have to close their doorsare predicted narrow margins that are heavily based on concession fees.due to already
- While people will return to daily routines after the pandemic, a renewed health consciousness will result in permanent shifts in the supply chain and consumer's use of e-commerce.
Grocery Stores
- Grocery stores are ramping up their investments in "micro-fulfillment technology, robotic warehouses, and drone deliveries" to keep up with demand in home deliveries, practices that will continue to cause grocery stores to continue to thrive even after the pandemic.
- Grocery store clerks, servers, janitors, and
workers are positioned to thrive after the pandemic and analysts predict these groups "may be able to demand higher pay and better working conditions in the post-child-care coronavirus world". These groups have been referred to as " " throughout the pandemic.heros
Movie