The Coronavirus epidemic has thrown the world into chaos and on the retail front, this has dramatically changed the shopping landscape with online retailing sky rocketing. With the closures of retail stores, both permanent and temporary, online retail has been given a massive boost and by the end of 2020, it is expected that online retailing will make up 15% off all retail sales.
Australia Post has done their own research on online shopping and the report provides some interesting information relating to shopping behaviors online as well as the effect that the Coronavirus has had on the retail market.
Australia Post has noted that the acceleration in online shopping take-up non surprisingly shot up during the pandemic. This rise was even bigger than predicted. The growth in the eight weeks that followed the announcement of the pandemic from WHO was over 80 per cent. They also noted that in April there were over 200,000 people shopping online that had never shopped online before. There was also over a million more people shopping online every week compared to the same time last year.
Some stores that have done well out of this are the big players like Bunnings and Officeworks as well as purely online stores such as Forever New. Use a Forever New promo code to save on your purchase.
The pandemic has also changed the online buying habits of consumers. Traditionally, online shopping occurs between 7pm and 10pm but in the past couple of months, people are shopping all times of the day.

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