The COVID-19 pandemic has negatively affected businesses and the economies of every country around the world. People staying home and avoiding public spaces are some of the main reasons for this. Even though this is the case, there are some businesses that have actually done better during this pandemic. Not including billionaire companies like Amazon and Netflix, some medium to small businesses have done better. If you’re wanting to get into one of these businesses or if you’re just curious, here are three types of businesses that have thrived during COVID-19.
Moving Companies
Many people have been moving across the United States over the past two years. There are many reasons for this. Avoiding crowded cities (where disease is easier to spread), finding cheaper places to live, moving to states that benefit their values and business, and many more reasons. Because of this, moving trucks and vans have been driving around the country like crazy. Just after a few weeks into 2020, the price of moving services increased drastically. People with thoughts of moving after covid will probably keep moving companies busy.
Food Delivery
The main advantage of restaurants and any food service is that everyone needs to eat. But how are people going to go into crowded restaurants, convenience stores, and markets to get their food during a pandemic? Instead of the person coming to the food, the food is being delivered to the person. Not just pizzas and Chinese takeout, services like Uber Eats, DoorDash, and GrubHub have seen a vast increase in business and profits. These business models remove the increased risk of infection and add extra convenience for the consumer.
Liquor and Wine Stores
And lastly, with no surprise, stores that sell alcohol, beer, liquor, or spirits have seen sales going up off the charts — around a 20% increase in total alcohol retail sales. Being cooped up in our homes and apartments with nothing to do can become quite sad and boring to most people. To help alleviate these negative feelings, many Americans decided to dial up their weekly amount of drinks by a fifth. This may not be a healthy way to deal with a pandemic, but there is no ignoring these sale trends. Many restaurants and food services even offered to-go and deliverable alcohol during the pandemic. Here are some business lessons we can all learn from the pandemic.
