Consumer behavior amid wave of COVID-D-variant
2021-10-18 18:04
Consumer behavior amid wave of COVID-D-variant
According to the Economists, world's economies are in troubles. Slow and expensive shipping, shortages of parts and labour have drained the supply to consumer in market. In contrast to covid, its variant, Delta, brought more inflation rather than sapping economic growth. Vaccinated region such as Europe, USA, Japan and China seems to have more crowed moving around from restaurants to shops.
As a result, people are intent on buying more sporting gear, devices and cars than ever. People are also looking for gadgets which can be used at home such neck and shoulder massager, foot massager, massage mattress, massage pillow, massage gun and etc, to relax their body after long time of indoor stay.
A big portion of America retailers, including Gap and Nike, are seeking the White House to donate vaccines to Vietnam, where their factories are located. Shortages are driving up prices in an acceptable range and it's just the time for massagers to spread around the market.
The information above are summarized from the Economists news article, "How the pandemic became stagflationary", Sep 2nd 2021.
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