Post COVID Ecommerce slowdown? (1.Viewing)

The story is about Shopify but has some great info on the trends in e-commerce with COVID coming to an end.

"Investors, however, fear the company can’t sustain its growth as shoppers return to more normal buying patterns. Those concerns intensified last month when Shopify said it had terminated contracts with several warehouse and fulfilment partners, sending shares to a 16-month low"

We have started to see a slowdown in our e-commerce sales over the past 2 or so months. I think it was to be expected with the large increases in sales over the past 2 years. The challenge for e-commerce businesses will be to try and hold on to their customers and ensure that any advantages they have in terms of selection, pricing and availability are maintained. It was a great ride this past 2 years...

https://www.aljazeera.com/economy/2...p-shopify-plunges-17-on-weaker-growth-outlook

are people going back to shopping in real stores or malls, or are they just tapped out after all their pandemic spending? or is inflation taking a bite?

domains said:

are people going back to shopping in real stores or malls, or are they just tapped out after all their pandemic spending? or is inflation taking a bite?

Click to expand...

Probably a bit of all of it. Mind you, most retail stores have been open for quite a while now in some form. I think inflation always has an impact on discretionary purchases. With most or all of the government COVID programs done, that could have an impact on online and brick and mortar spending.

For us, we have gained thousands of new customers to our candy business during COVID, so our job is to keep them coming back. The Supply Chain challenges we have faced in the past year or so will likely continue as suppliers and manufacturers trey and ramp up again.