The Start Of Online Shopping
While online shopping was huge enough before 2020, it has become truly mainstream due to the push provided by the pandemic.
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The watershed year made the world go back to basics, with people ordering groceries and essentials online.
The increasing adoption of e-commerce as well as new technologies like 5G, click-and-collect and many more is bolstering the use of online shopping. The ongoing pandemic is changing the demands and needs of the consumer, with companies adopting hybrid models to stay relevant and useful.
Before the internet, we had to set time aside to walk and browse a physical store, which was only open for a certain number of hours.
Now, it has become effortless to buy things online from anywhere, anytime and for a very good price. We do it without a second thought. And in the process, we are accumulating a lot of stuff.
The world is seeing panic buying in supermarkets, with items like toilet paper, milk, soda, hand sanitizers, etc. flying off the shelves, especially in places with confirmed cases of the virus.
Panic buying is a psychological mechanism fueled by anxiety along with a herd mentality. People hoard stuff in panic, due to fear of the unknown, according to experts.
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