Categories: Business

Healthy Plus on sales: online trading benefits of the Corona-crisis

The Corona-crisis has brought the Online trading in Germany a powerful growth spurt.

Especially, Goods of daily needs such as food, pet supplies, medications, or drugstore products are bought much more frequently on the Internet than before the pandemic. The findings of a market study by the Federal Association of E-Commerce and mail order trade Germany (bevh).

“E-Commerce has established itself in the second quarter as additional supply infrastructure,” said bevh-managing Director Christoph Wenk-Fischer the results. Overall, the E-Commerce sales rose after a weak 1. Quarter from April to June compared to the previous year by a whopping 16.5 percent to about 20 billion euros. The demand for goods of daily necessities rose by 51.2 percent, and the online trade in food products increased by almost 90 percent.

“Even after the acute Phase of the hoarding and even after the end of the sharp Corona-related contact restrictions, the demand for goods of the daily need in the E-Commerce in the second quarter of 2020 remained significantly increased, suggesting a sustained positive growth is forecast for this Segment is close to,” said the Association. In a recent survey by the Association under around 2500 consumers, more than half of all respondents gave to the experience in the Corona-crisis in the future, more online order.

A strong growth of the online trade not only in goods of daily needs, but also in household goods and appliances and leisure goods. Also in the fashion trade, where the E-Commerce providers in the first quarter, below the corona-related purchase suffered from reluctance on the part of consumers, demand increased again significantly.

Of the new Online Boom and mainly the pure online retailers have benefited, according to bevh, with an increase of about 20 percent. However, the Online market places grew at a similar rate. Weaker the Online developed-sales of bricks and mortar retailers. They scored in the second quarter “only” a growth of 4.7 per cent. “Even if these Figures are sober, have started many brick and mortar retailers in the crisis for the first time, consistently with the online trading. As a result, the opportunities to grow that multi-channel providers in the future make up for lost ground,” stressed Wenk-Fischer.

Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

ERA Wallet Launches with Innovative Security and Control Features

Dubai, UAE, 10th March 2025, ZEX PR WIRE, ERA Wallet, a next-generation hardware wallet, announced its…

2 hours ago

AMMO AI Secures $2.5M Pre-Seed to Develop AI Agent Societies for Real-World Impact

London, UK, 10th March 2025, ZEX PR WIRE, In the rapidly evolving world of artificial…

2 hours ago

Arbitrum Testnet Goes Live on Zeta Blockchain: Details

ZetaChain, described as the world’s first universal blockchain, has officially launched support for the Arbitrum…

2 days ago

BNB Chain’s Pascal Hard Fork Set for March 20: A Leap Towards Ethereum Compatibility and Smart Contract Wallets

BNB Chain is preparing for one of its most significant upgrades yet, with the Pascal…

2 days ago

Seismic Secures $7M in Funding Led by a16z Crypto

Seismic, an emerging encrypted blockchain developer, has successfully raised $7 million in a funding round…

3 days ago

Avon River Ventures Clarifies Forward-Looking Valuation Basis of Edgewater Wireless System Inc’s IP Portfolio

Industry-Leading IP Valuation Firm Highlights Key Assumptions Behind Its Assessment Las Vegas, NV, 6th March…

3 days ago