Answer to Question #175483 in Finance for DINESH

Question

The recent Covid-19 pandemic has turned the world upside down with several businesses shutting shop owing to mounting losses. Yet, in these pandemic times, e-commerce is one twinkling star that has been gathering strength after strength.How has Direct Selling Experience via Amazon India helped small scale manufacturers of handicrafts or any other item of your choice during these pandemic times? As an external consultant, try to analyze the reasons behind the success of these small-scale manufacturers.Provide some statistics on how technology has made the lives of small-scale manufacturers simpler?In your opinion, do you see this as a future once the Covid-19 crisis gets over or do you see manufacturers trying to sell their handicraft/other products face to face again?

Answer 1

In connection with the pandemic, the platforms that traded via the Internet felt more or less in profit. Therefore, small producers could only sell their products through electronic platforms, i.e. adapt to new trends. The pandemic may be over, but a new trend has been set, new living conditions, and therefore, even after the pandemic, manufacturers will try to sell their products via the Internet, but personal sales will also be of course.