Certain industries benefiting from the coronavirus
March 16, 2020
The coronavirus seems to be affecting companies and entities negatively with trying to figure out what to do on making money or having to postpone things. But with every negative, there is a positive and to those having a positive impact are only a few to name.
Companies that make Cleaning supplies like Clorox and Lysol, also hand sanitizers like Purell and Equate are also benefiting big time.
Stores all around the country have now put restrictions on how much water you can take from the shelves and even the amount of cleaning wipes Stores, such as, Target are constantly running out of supplies for their customers so they have to order more, which can put a hassle on the employees of the stores trying to keep everything in stock and organized.
It’s not only just in the stores but for the producers of the product. Producers have to be smart about their plan because if the virus goes away, producers may make too much and will hurt financially trying to get the products purchased from the stores.
While the companies of Clorox and Lysol are benefiting from their products being on demand. Streaming services, such as Netflix, Hulu, and Disney Plus can also benefit from this because of the number of consumers downloading the service to watch at home if the school and work are canceled due to the virus.
With the community purchasing the products at a rapid pace for only certain companies, anyone is eager to purchase the goods. For example, hand sanitizer on Amazon before the virus would be at a low price, but now the products’ price has skyrocketed. Which in return gives Amazon more money to keep purchasing the product to keep it in stock.
No matter what is going on in the world, there will always be a certain company benefiting from it.