Friday, May 22, 2020

How retail sector and E commerce will formulate after the lockdown?

How retail sector and E commerce will formulate after the lockdown?
Pandemic crisis is forcing companies to hit reset button and reformulating strategies. With the
zone and partial lockdown stature, E-commerce Companies are rethinking of giving fast delivery
and increasing efficacy with warehousing nearby. After the lockdown is over, the major shift of
real estate will be truly iconic and usher high with spheres like:-
1) Warehousing: The concept of keeping the warehousing in Tier II and Tier III cities will slowly
and gradually change. Every metropolitian will look forward to have thier own centralised
warehousing space. The drastic change to this has been seen in the demand shifts of Mumbai
warehousing.
2) Back end office: Now many companies will not venture into bigger showroom spaces
because half of the inventory are already sold online, therefore the orders will be only accepted
in online platforms. The social distance prespective will be there. Entreprenuers will be more
concerned about sanitation and offering bigger cubciles to people.
3) Buying over Renting option: A huge amount of whopping rent has caused concern for many
business owners, buying space on EMIs are perfect way to get security for longer period of
time.
The nation like India is surely going to get over the Pandemic. In the coming years, we shall also
be exporting various raw materials and in trade aspects too. India will successfully comply with
various needs of other nations

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