Chapter
The Unpredictable Effects of COVID-19 on Consumer Behavior
22:45 - 28:24 (05:38)
The pandemic has led to unexpected trends such as an increase in home gym sales and sex toys while the stock market is crashing, and the lack of things to do is fueling anxiety-driven purchases online.
Clips
Sales of home gyms and sex toys have risen tremendously amidst the crashing stock market and Covid-19 outbreak.
22:45 - 25:19 (02:33)
Summary
Sales of home gyms and sex toys have risen tremendously amidst the crashing stock market and Covid-19 outbreak. Divorce rates in China have also reportedly surged due to the unprecedented quarantine situations.
ChapterThe Unpredictable Effects of COVID-19 on Consumer Behavior
Episode#153 - Isolation Hacks 101
PodcastModern Wisdom
The lack of things to do due to COVID-19 has increased the amount of time people spend online, leading to heightened anxiety levels.
25:19 - 28:24 (03:04)
Summary
The lack of things to do due to COVID-19 has increased the amount of time people spend online, leading to heightened anxiety levels. Job insecurity is also causing anxiety among people, which leads them to seek fixes for their anxiety in the same place where the anxiety lives and developers are creating apps for COVID-19 cases that may further fuel the anxiety.