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Czech Television (CT24) | E-shops operation in emergency state during the COVID-19 period

How are individual e-shops doing, which e-shops are doing well and which are not and for what reason? Will the coronavirus pandemic change consumer behavior? Jiri Vaclavek (Czech Television CT24) interviewed Jan Lastuvka (Lemonero CEO) on these questions.

The impact of Covid-19 on eCommerce

Data is the basis of good decision making, and today’s turbulent time demands it more than ever. Therefore, we have decided to help through what we do best and prepared this study. Every day we bring the current data about the events in CEE eCommerce so that e-shops, carriers and other key players in eCommerce have the right information for their decision making.

Link to the Article here.

Aspen Young Leaders helping in the current crisis!

Jan Lastuvka is one of the founders of the Czech start-up MonkeyData, which developed a software for e-commerce analytics. In the times of quarantine, it became obvious that the only chance for many shops to survive is to have an e-shop, and MonkeyData thus created the largest study in the Czech Republic on the influence of COVID19 on e-commerce to allow businesses to make decisions based on data.

Link to the Article here.

Current state of eCommerce

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E-commerce as awhole appears to be very stable, showing long-term sales growth despite events regarding Covid-19. There are significant shifts in purchases across industries in Q1 2020.

Turnover year-over-year comparison shows the same trend in recent years, we can observe a jump only in March 2020, which directly correlate with issued government measures.

The biggest sales growth by industry in Q1 2020 vs Q1 2019 was in these segments: Health (+203.56 %), Building Materials (+109.47 %), Children’s Goods (+97.71 %) and Chemist’s (+124.19 %).

A significant year-over-year decline in sales growth by industry in the period Q1 2020 vs Q1 2019 compared to Q1 2019 vs Q1 2018 was recorded in these segments: Garden, Clothing and Fashion and Office, Workshop, Warehouse. In the latter segment (Office, Workshop, Warehouse) we are even talking about a slump in sales in Q1 2020 vs Q1 2019.

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