7 ways our shopping behaviours will change.
Various studies on the internet say it can take anywhere from three weeks to two months to form a new habit. One way or another, many of us will emerge from this crisis with new ways of doing things — especially when it comes to consumption.
Retailers, in turn, will need to adapt. And fast. Shoppers will be looking for spaces where they feel safe. We are changing as consumers because of Covid-19, and while the Recession changed our financial habits, the coronavirus crisis will have a far more dramatic effect on a host of behaviours.
The new habits formed during this pandemic in 2020 will go far beyond, just our spending patterns.
1. Look but don't touch
It is still unclear how long it can linger on materials like clothing. As people return to stores, many will be wary of picking up merchandise that has come in contact with others, pushing shopping carts and punching the buttons on credit-card readers.
Contactless payment will become common place, and cash will not be seen as king, but rather a potential killer and spreader of the virus.
2: Protect your personal space
3: Shop local
4: Discretionary spending drops
5: Everything goes virtual
6: No going back
7: Don't steal my time!
Thanks for your time :)
Founder and MD of Stock Box. Craig's extensive retail experience of 30+ years has seen him manage all sides of the marketplace, from category and brand management in franchise and independent operations, to retail development within the convenience channel. Stock Box Online is the result of Craig's extensive industry knowledge and experience, focusing on helping independent retails and vendors, discover and access more ranging through a multi-vendor marketplace.