Despite Covid -19 pandemic, will e-commerce witness an increase in employment in 2021-22?
e-commerce segment will also be a massive source of employment generation in the years of 2021-22.
Many countries faced slowdown due to Covid -19 pandemic. However, the crisis of COVID-19 has also revealed one secret which most of the businesses have understood to an extent today - The power of e-commerce. Yes, it’s a fact that the global market had turned online since quite a long time but still people used to follow the traditional methods of retail stores because people too believed in buying from the same. However, world neither expected nor saw a situation of lockdown in the past. With this lockdown, online market has taken a boom. Whether it is for shopping gadgets or for buying grocery, e-commerce is taking a pace in every essential and luxury segment. To this, the e-commerce segment will also be a massive source of employment generation in the years of 2021-22. Shivam Soni, Founder and CEO, Beyoung Folks Private Limited, shares his knowledge and opinion on - Despite Covid -19 pandemic, will e-commerce witness an increase in employment in 2021-22?
"As you see, e-commerce is no more limited to Amazon and Flipkart. During this time many people have begun with e-commerce startups too like Bonobos, Beardbrand, Beyoung etc. All these startups have become highly popular these days because of its theme-oriented market and unique collection which cannot be found anywhere else.
This has led to more employment generation and here is a quick comparison which will tell you how!
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Clearly, the online market is vividly diverse. Here you have to take a follow up of countless departments, major of these are mentioned below:
⮚ Online website creation and development
⮚ Search Engine Optimization (SEO)
⮚ Content Creation
⮚ Order Management
⮚ Tracking Management
⮚ Accounts Management
⮚ Delivery service
⮚ Customer Care
Hereby, you can see that e-commerce employment generation is extremely big.
The fact for 2020-21 is that online market is being more operated by the customers because people can get their thing right at their house even while being locked at home. This is the reason why e-commerce has been of a massive help and now is becoming the trend of today.
According to the latest reports from grandviewresearch.com fashion & lifestyle and grocery stores are going to be the major setback for regulating the online mart while the market size is expected to reach USD 10,361.0 billion in 2020.
The best part for driving the e-commerce market is that it has given a platform to many companies, both small scale and large scale. Online portals like Amazon, Flipkart, Myntra etc. are few such online places which is not a manufacture chain but a retail channel. These are examples of places where multiple brands sponsor their products. This is why you have countless options to choose from. It gives a hand to many companies to sell online while the department of employees is gradually increasing. This is how the diversity of the e-commerce market is sure to rule especially starting from 2021."