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The Impact of COVID-19 on CPG: Ecommerce Statistics and Strategies for 2021

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 As we approach a post-pandemic world and reflect on all of the rapid changes that have occurred in the last year, it is clear that the ecommerce landscape has changed. For example, by April 2020, the industry had experienced ten years' worth of growth in just three months. Ecommerce is now a more crucial channel than ever for growing brands.

Online shopping increased in 2020 as a result of consumers staying at home due to COVID-19. Last year, many shoppers reduced their discretionary spending and prioritized necessities, which frequently fall into the consumer-packaged goods (CPG) category.

The opportunity for CPG brands to thrive across channels and earn repeat customers has never been greater, and with shoppers beginning to trickle into stores more, the opportunity for CPG brands to thrive across channels and earn repeat customers is only increasing.

 

In light of COVID-19, products that are long-lasting, high-value, affordable, and available in bulk have become increasingly appealing options. Fortunately for CPG companies, many of their products fall into this category. How can you capitalize on the new opportunity if your brand falls into this category?

 

 

 

Even as the pandemic subsides and the economy improves, many shoppers consider price to be a major deciding factor. While many CPG items are necessary and do not fall into the category of "discretionary income" for many shoppers, other CPG items may be more "wants" than "needs."

 

And it's not just a race to the bottom for the CPG brands that do sell necessities. In 2021, consumers want to know that no matter how much they pay for a product, they are getting good value. CPG companies should keep this in mind as long as economic uncertainty persists.

 

 

 

Brand authenticity is becoming more important as consumers, particularly millennials and Generation Z, have expressed an interest in a brand's values and ethics. The way customers perceive a brand can have a significant impact on the bottom line of that company. Building customer trust through brand authenticity will result in valuable repeat customers and long-term brand loyalty.

 

As the world recovers from COVID-19, the digital CPG landscape continues to evolve. In the aftermath of the pandemic, selling CPG items has presented more challenges and opportunities than ever before. Brands that understand the current landscape and what attracts customers have an unprecedented opportunity to achieve unprecedented growth this year.

 

If you want to take control of your logistics with smarter, more dependable route planning, you're on your way to making better, data-driven decisions that will keep your day running smoothly. We are providing the same day & next day Ecommerce delivery services in UAE  . And also Focusing on Local & International Shipping services.

 

 

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