Why does need any regulation if there is interest rate changes and how do Malaysian react to the changes of interest rates? What is the consequences of the changes of interest rates and how interest rates relates to stocks and bonds markets?

The impact of COVID-19 on user behaviour and ecommerce

There’s no doubt that the crisis caused by the global Coronavirus (COVID-19) pandemic has created an incredibly difficult business climate. Businesses are being presented with many new challenges as international borders close, bricks-and-mortar businesses shut their doors, and people are told to isolate at home. Many companies face temporary or even permanent closures, with staff facing months of financial uncertainty and worry.

Consumer behaviour has been forced to immediately change, and change on a massive scale. Those in isolation or under lockdown can’t perform their usual routines, especially since many local shops have been forced to close their doors for safety reasons. Concerns about the availability of goods have encouraged panic buying of items in bulk. Financial uncertainty and the prospect of a severe and long-term recession make for a stark backdrop which has led to an impact on consumer outlook, perceptions and behaviours.

For the businesses that remain active at this time, questions are inevitably being asked about how best to cope with the prevailing trading conditions, and how best their strategies should adapt. This is a difficult question to answer since the Coronavirus pandemic is so new that the circumstances are changing fluidly and on a daily basis. Defining a strategy now is difficult as there is limited evidence or precedent to base assumptions on. Initial indications about what might happen to businesses and the economy could be gauged by looking at the data from the countries which first suffered from the effects of COVID-19.

While there’s no guarantee that others will follow the same trajectory, analysis of these countries can reveal useful patterns and insights.

COVID-19 is already impacting buyer behaviour

Online, the world is changing just as fast as offline. In early March 2020 The Drum reported on research that shows that, while annual advertising growth rates in China are predicted to fall from 7% growth in 2020 to 3.9%, ecommerce advertising spend is predicted to grow by 17.7% and social media spending to rise by 22.2%.

This seems to reflect the changes in consumer behaviour as they switch from buying offline to buying online. They also show that as people are spending more time at home, brands have responded by shifting spend from offline media to online, with 14% reporting this course of action.

In the same piece of research, they go on to state that “e-commerce as a platform has already seen exponential growth, especially in FMCG which saw spending through ecommerce channels in China grow almost seven times as fast as the sector overall in 2019; a trend that the coronavirus outbreak is likely to accelerate.”

The same picture is painted in research published by Business Insider Intelligence and eMarketer analysts in March 2020, which suggests that ecommerce is likely to grow as consumers avoid physical stores. Their data suggests that 74.6% of US internet users said they’d be likely to avoid shopping centres and malls if the coronavirus outbreak in the country worsens, and over half would avoid shops in general.

A new study from Ipsos MORI from mid-March 2020 reveals that 50% of Chinese and 31% of Italian consumers say they’re now using ecommerce ‘more frequently’. In contrast, only 18% of UK respondents said that they were using online stores more frequently, with close


to half reporting there was ‘no change’ in their ecommerce habits. However, now that the UK is in lockdown these statistics are likely to change dramatically, probably trending towards the figures seen in other countries with more advanced COVID-19 issues. While the types of goods people need might change due to their circumstances, the need to purchase these somewhere will remain, and we will likely see a general switch to online shopping.

Ecommerce challenges

In theory, online stores of all sizes stand to benefit from the switch of consumer behaviour to online shopping since they are already well-positioned to serve the increasing demand for goods and services. However, there are challenges. Ecommerce is not a magic bullet in itself, and MorningStar cites issues with adoption (especially amongst lower-income consumers) as a dampening effect against any uplift in sales. There are also issues with the supply-chain and product delivery, with companies already starting to be clever about resolving them through innovation.

Perhaps an even more limiting factor for businesses will be the level of readiness of their ecommerce offering. If their online platform is not capable of offering a competitive user experience, the chances are it will fail to entice, impress or retain customers. Ensuring that your ecommerce site or app is optimised and ready will be critical in the success of your online offering, and how competitive you can be in an increasingly competitive landscape. Fortune states that: • “companies with robust e-commerce offerings … will fare the best in the current turmoil” • “analysts agree that retailers still playing catch up on e-commerce will be the biggest losers” • “retailers with good sites will lose the least”

Those are pretty stark warnings, and it’s clear that companies need to ensure that their sites are more than just good. They need to deliver the best ecommerce experience possible. To start with, they must be discoverable via search engines at the time their customers wish to make a purchase, and once customers are on the site the ecommerce platform must be responsive and meet or exceed customer expectations.

Changes to ecommerce traffic We have already seen big changes in search behaviour in the Fashion sector. It’s not uncommon for fashion brands to have a significant proportion of their traffic coming through branded search. In the example below we can see one UK-based fashion retailer’s branded search traffic drop by approximately 40% after strict new measures were introduced in midMarch to combat the COVID-19 virus (we’ve actually seen some other fashion brands drop by as much as 70% in the same period):

During this period, the same site’s generic traffic also dropped-off, indicating a general downturn in demand for fashion items (Lord Simon Wolfson, Next’s chief executive, stated recently that “People do not buy a new outfit to stay at home”).

So different sites, and sectors, will experience different effects from the changes in consumer behaviour. What is clear though is that user behaviour is definitely changing online, and sometimes quite dramatically.

Are ecommerce sites set up to cope with these changes?



Improving your ecommerce offering to remain competitive

As the Coronavirus crisis continues to bear down on the world’s population, and as their behaviour adapts, companies with a strong ecommerce offering can ensure that they are there when consumers need them. Nike, for example, has managed to increase digital sales by 30% as a result of their fitness and e-commerce apps being particularly well integrated.

As consumer behaviour changes and results in more and more customers shopping online, so too will the marketplace change to become ever-more competitive as companies seek to capitalise on this trend. If your site is not found in search engines for relevant searches, or your site’s responsiveness lags behind your competitors, your ability to compete will be severely diminished. In today’s tough economic climate, this is the digital equivalent of rubbing salt in a wound.

This implies that, rather than stopping marketing activities such as Analytics, Search Engine Optimisation (SEO), Content Marketing, Conversion Rate Optimisation (CRO), Pay Per Click (PPC) and Paid Social etc., companies could be best served by investing into (if not doing so already), or investing more heavily into these types of activities. While each business is different and will face its own challenges, investing into these areas may actually help companies thrive in a competitive space, and help offset the financial impact of the loss of offline sales. Investment here will certainly prevent the loss of online market share, and will help position brands in preparation for the increase in demand that will surely come once this crisis abates.

We recently published some tips on How to keep your digital strategy safe from the effects of COVID-19, which suggests some initial steps companies could take to review their current offering and help safeguard their business in these troubled times. While it might be sensible to remain invested in online marketing activities such as SEO and Paid Media to promote your brand during this crisis, it’s likely that the specific tactics employed will change.

Both SEO and Paid Media might need to change the focus of campaigns due to changes in demand, and focus on different sets of keywords based on new consumer search behaviours. For example, we have noticed that Fashion brands are attempting to pivot to loungewear items, given that most of the population is stuck at home. In Paid Media, bid strategies will probably need to be adapted (we have some specific tips about this on our blog here), and SEO might find new opportunities for new types of content and changes to on-page optimisation.

Editorial content is usually seen as a quick win since it normally requires little technical input and can therefore be developed and implemented rapidly. The key is in understanding your customer’s intent and providing content that meets or exceeds their needs. We have noticed some ecommerce companies are attempting to pivot their content marketing to capture users who, as of the beginning of lockdown, are at home with far more time to surf the web. This shows us that companies should probably perform a deep-dive into their Analytics and really understand the current needs of customers, since these needs will almost certainly have changed recently. Have ecommerce sites kept up with these changes? In this new world, as customers are having to spend much more time shopping online, even small changes to a site’s user experience and page load times will likely have a much bigger impact on customer retention and conversion rates.

Performing a careful analysis of how fast a site’s pages load within different devices will usually reveal opportunities to improve site speed, many of which can be fairly simply to implement and therefore represent quick wins.


Remember, page speed is a ranking factor in Google these days, and there has been much research published showing a direct inverse relationship between the speed of a page and the number of conversions. One such study by Amazon showed that an increase in load times of just one second reduced conversions by 7%. This doesn’t sound like a lot, but for Amazon at that time, 7% represented $1.6 Billion in sales! Optimisation of page load times is a genuine opportunity to improve baseline revenue.

In a similar vein, making sites work better for existing customers by analysing their paths to conversion, and the subsequent optimisation of that journey, will allow customers to have a smoother and more satisfying checkout experience. This will almost certainly provide uplifts to the revenue generated by the site, and will probably generate increases in brand affinity too.

Final thoughts While the world is reeling from the effects of the Coronavirus pandemic, user behaviour is being forced to change and shoppers are increasingly moving online. Ecommerce sites are in a position to be able to capitalise on this, but only if they are able to be found by customers in the first place.

While tactics may need to be adapted to the new environment, we find ourselves in, businesses should consider retaining investment in their analytics, online marketing and online content so that they can remain competitive and meet the needs of shoppers. In these uncertain times, there are still opportunities; it just takes a slightly different mindset and approach, and a positive attitude.

Question: Critically evaluate the benefits of the Internet marketplace to businesses and customers within the context of this case study and during the outbreak of COVID-19.

Choose an article of your choice on the subject of Death, Dying and Loss. Go to the LRC then scroll all the way down until you see research database use this to search academic articles, choose an article and follow the following, you must use APA format for this assignment, so you need a cover sheet, needs an introduction, body and a conclusion. Please watch the video that is attached to this assignment, it should answer any questions you have.

1. Write a 2-paragraph summary of the article (your takeaway).
2. As the nurse, how would you like to define your practice and care of death and the dying patient and their family.

In a large company, ownership is often spread over a large number of shareholders who may effectively have little control over management. Management may therefore make decisions that benefit its own interests rather than those of the shareholders.” (Parrino et el2016). This separation of ownership and control creates conflicts. These conflicts may also result in corporate misconduct and concerns over corporate governance practices of corporations.Based on the above,write an essay on the topics of agency conflicts that are a result of the separation of ownership and control,and the role of corporate governance in modern corporations.Your essay must incorporate academic and professional research to support your arguments.

Pay-for-Performance Link. Discuss how to strengthen the pay-for-performance link.

A. Powerful incentives can cause undesired behaviors. Suggest ways to solve this problem, using something you know a great deal about – academic performance.

B. How would you design a pay-performance system that uses powerful incentives to motivate behavior, yet keep the behavior from veering into the unethical? (Hint: You want to keep the powerful incentive effect of pay. So don’t recommend eliminating incentive pay or reducing the size of the incentive component.) What’s left?

C. How do you ensure ethical behavior?

After reflecting on what you have learned and how you have benefited by taking AC499 Bachelors Capstone in Accounting, write a minimum two page response to the questions below. Make sure to address the critical elements so you will be successful in completing this assignment.

Please answer the following questions in your paper:

1.Reflect and describe which key concepts and topics in this course have made you a stronger candidate to enter the business world.
2.Discuss how this course has affected you in your professional development as a student and as a person as well as encouraging you on your academic path.

. For the following health issues, please identify and briefly describe the most appropriate study design that you have learned about in this course to study the issue. Provide a clear and accurate justification for each choice of study design (suggested length for each response, 3-4 sentences maximum). 1) Breast cancer and lifetime use of oral contraceptives 2) Health effects related to a high fat diet. 3) Vitamin D intake and risks for multiple sclerosis 4) The impacts of poverty among refugee children on academic outcomes 5) Health promotion educational campaign aimed at cessation from vaping in teenagers

1. Discuss the breadth of the sport industry and the related career opportunities with
specific reference to the industry segments discussed in this chapter.

2. Explain how each of the following would help an individual succeed in the sport
industry: (a) communication skills, (b) leadership skills, (c) practical experience, (d) a
mentor.

3. What type of course work and related academic content are provided by a good sport
management program?

4. Identify three functional areas in the sport industry and elaborate on the types of jobs
that might be specific to those professional roles.

5. Identify two existing sport organizations for each segment of the sport industry.

For the following health issues, please identify and briefly describe the most appropriate study design that you have learned about in this course to study the issue. Provide a clear and accurate justification for each choice of study design (suggested length for each response, 3-4 sentences maximum). 1) Breast cancer and lifetime use of oral contraceptives 2) Health effects related to a high fat diet. 3) Vitamin D intake and risks for multiple sclerosis 4) The impacts of poverty among refugee children on academic outcomes 5) Health promotion educational campaign aimed at cessation from vaping in teenagers