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Impacts of Pandemic in Consumer Behaviour

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Impacts of Pandemic in Consumer Behaviour
The COVID-19 pandemic created a new normal in different aspects of our lives over
the year. Faust (2020) speculates on the consequences of global pandemics from
social, political and cultural perspectives on a long term, forecasting a thorough
modification of the actual human society, going to another development level. On this
essay, we will tackle about the consumer behaviors of the customers that quickly
changed since the start of pandemic and lock downs.
Consumers are deeply concerned at the effect of COVID-19 in the economic
perspective. Everyone’s response vary on their attitudes, behaviors and purchasing
habits. The attitude that the consumers adapted during pandemic is prioritizing the
basic needs. The non-essential products slump and the purchased rapidly decreases.
The income that enters in the household affects this attitude too. All individuals across
the income distribution cut spending at the start of the pandemic (Cox et al., 2020).
Many people losses their job at the start of the pandemic too that’s why they needed
to cut the expenses. Consumers also prioritized hygiene and cleaning products and
everything related to health and safety. This includes wearing masks, dependency in
disinfectants and in anything that will keep them safe from the corona virus.
Furthermore, e-commerce or online shopping plays a vital role to consumers at this
times. It becomes more popular in use as people rely on the accessibility of the
internet especially during lock downs. The e-commerce sector responded quickly to
the challenge of making a positive response from the consumers. Corporations have
endowed in supply and provide chains and widened their product ranges. This has
attracted a large number of customers for the reasons equivalent to convenience,
better prices and more control. Another vital change observed from the consumer’s is
they have learned to improvise in time of constraint. Existing habits are being
discarded and new forms of consumption are invented. Improvisation leads to
innovative practices and this alternatives often leads to much more convenient ways
to do something.
The COVID-19 pandemic disrupted the normal flow of living our lives. It gives us the
opportunity to learn new skills and be resilient. Consumers are learning to change
habits to be able to survive in this situation which will likely to remain even in
post-pandemic.
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April 28, 2020.
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Puttaiah, Mahesh. 2020.”All Change: How COVID-19 Is Transforming Consumer Behaviour | Swiss Re.”
Www.swissre.com. December 10, 2020.
https://www.swissre.com/institute/research/topics-and-risk-dialogues/health-and-longevity/covid-19-andconsumer-behaviour.html
Sheth, Jagdish. 2020. “Impact of Covid-19 on Consumer Behavior: Will the Old Habits Return or Die?”
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Romania” Annals of
Dunarea de Jos University of Galati. Fascicle 1. Economics and Applied
Infromatics, no. 1, Universitatea Dunarea de Jos din Galati, May 2020, doi: 10.35219/eai1584040975
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