The Top Five industries that have had a positive effect amidst the catastrophe!
The world has been perplexed with the ongoing pandemic as economies have been devastated. Every media forum presents a list of mishaps regularly, diminishing our hopes for the future. But despite the series of calamities that we have faced since the beginning of 2020, we want to reassure you that there is sunshine behind the dark clouds. Like Roosevelt says “We have always held to the hope, the belief, the conviction that there is a better life, a better world, beyond the horizon.” we want to reinstate the hope with facts. As the global economy seems to have deflated, we have come up with a list of industries that have made a boom during this period.
The Ecommerce Ballooning
The internet and artificial intelligence have yet again proved themselves as saviors. Imagine a day without your wifi, during the lockdown! Conveniently the world has drifted towards online shopping. The overwhelming numbers have pushed employers to add new jobs to their cadre. Supermarket chains like Woolworths and Coles had to release vacancies, due to the stupendous demand. Ecom giants like Amazon are in talks of adding 100,000 jobs to manage the extra demand.
Pharmaceuticals
This sector has been on fire since the beginning of the pandemic. Basic precautionary drugs and measures are being implemented till the discovery of an antidote or vaccination. Think of it, the masks, sanitizers, alcohol wipes are all sourced from medical organizations! The upcoming days would see a considerable hike in pharma sales.
Logistics and Delivery
With the lockdown, the world has come to a standstill, but not for logistics firms. Products and services reach families through delivery agents amidst this state of despair. Commercial merchants like Target and Kmart have expanded their logistics team, to deal with the heavy demand. Food apps like Doordash and Uber Eats have started with “no contact drop off service“ to reassure customers of the safety and hygiene aspect.
Video-Conferencing
If Nina Simone had to rewrite her song “Feeling Good in 2020” it would be,
“It’s a Zoom dawn
It’s a Zoom day
It’s a Zoom life for me yeah!”
With face to face interaction curbed to the minimum, video conferencing has become the new way of connecting. Zoom – the startup for video conferencing has seen a stark increase in their share prices. Google Meetup, Skype, and Microsoft are here to capture the corporate market.
Entertainment screening and Gaming
Netflix, Disney+, and Amazon Prime are new ways to chill. The millennials have made this trend a lifestyle with the pandemic. All these platforms have reported increased viewership in the last four months. Online gaming platforms are experiencing record volumes.
With the “New Normal “ and the demand for jobs, these disciplines could be something that new entrants and career developers can focus on. Let’s make an effort to thrive amidst this catastrophe. And as times get tough, it’s best to stand together and not lose hope. As Michelle Obama correctly says “You may not always have a comfortable life. And you will not always be able to solve all the world’s problems all at once. But don’t ever underestimate the impact you can have, because history has shown us that courage can be contagious, and hope can take on a life of its own.” Let’s stand together and ensure we come out safe.