E-Business during COVID: A Ray of Survival

Abstract

Staying at home, a more modern way of life, is turning to be one of the most effective ways to stave against dangerous diseases. The COVID-19 influence on the E- Business industry has raised demand for online and virtual purchasing, which has fuelled the explosive rise of E- Business companies around the world. People are deterring themselves from travelling to crowded places for groceries or shopping as a result of the government's rigorous guidelines on social distance and health precautions, which is reportedly having a beneficial effect on E- Business industry. The impact of COVID-19 on online sales is clear. E- Business enterprises now not only provide a technique to sustain the business but also aids in gaining a competitive edge that will continue long after brick-and-mortar stores close and online shopping usage soars. E-Business actually helped to establish a platform for social entrepreneurs where they came forward to combat with the crisis situation. Thus, it can be outlined that E- Business was a ray of survival for social entrepreneurs.