I'm Back! The First Essay "Pandemic"

 Hello, my beloved readers!

I know it's been a while since the last time I wrote. Life has been so hectic, and I was just sunk in it.

My comeback this time is actually triggered by a voice saying that there is a need in accessing one of my writings; specifically, essays. Thus, for the next three posts, I will be providing you guys with the essays that I had ever submitted to some competitions. Hopefully, It'll be useful for those learning to write essays or who just want to know my thoughts about the issues.

Well, then enjoy reading!

"THE FIRST ESSAY" Composed on October 2020

The Three Most Popular Business Fields During Pandemic

The emergence of Covid-19 has destroyed everything. It leads to numerous problems in the political, economic, and social sectors. In the economy, pandemic causes a significant derivation of GDP. Since it appeared, people's mobilization became very limited. Thus, there are a handful of works delayed; an abundance of businesses turned into bankruptcy. As a result, employees enforced to leave their jobs for the lack of necessity of the companies. Rapoza (2020) mentioned that the forecasts of economic growth until mid-March declined significantly. There was a contraction of Global GDP by around 5% that happened quickly. After the limitation of the world's economic activities, the number of unemployed people also rose rapidly. Therefore, the financial condition of the people turns worse and worse from time to time. Apparently, during this chaotic situation, there are still some ways for people to get themselves out of this economic difficulty. Even though there are lots of businesses being closed due to the pandemic policies, opening new ones at this moment is also not an unwise choice as long as it is along with thorough consideration and calculation. These are the three most popular business fields during a pandemic; mask production, hand sanitizer production, and food delivery.

Firstly, maks production is one of the most promising fields to open a new business during this pandemic. It has a big possibility to make a great benefit as masks become one of the most needed stuff recently. The demand for personal protective equipment (PPE), including masks, has risen to impressive levels since the beginning of the pandemic. It is forecasted by the United Nations that the demand for surgical masks alone to be around 2.4 billion in 2020 (Unicef, 2020). This field is not only for massive productions that are usually done by big companies but also for regular people who want to make it a home business with a smaller amount of products. Hufford (2020) asserted that more companies are trying to involve in the mask-making business to support medical workers in confronting the coronavirus pandemic. Recent data from the U.S. Food and Drug Administration (2020) also shows the same correlation. The number of masks producers jumped sharply up to  707.69 %. Previously, there were only 26 industries, and recently became 210 industries (Desideria, 2020). Even though there are a lot of new businesses in this field, substantial demand for masks from society will still make good sales. It is because there is a multitude of variants of masks needed by the particular necessity of people related to the functions, prices, and even the styles of it; thus, there will be only a tiny possibility that it will not sell out. Therefore, not only fulfilling the society's needs during this pandemic time, but mask production also can be a brilliant alternative to lift the economic condition of the people precisely for those who lost their job due to this pandemic situation.

Secondly,  hand sanitizer production becomes another most popular business field during this pandemic. The demand for hand sanitizer relatively goes the same way as masks since hand sanitizer is one of the cleaning equipment that is severely needed by people in recent times. Reporting based on the selling data of Sirclo, an e-commerce company, the highest raising happened to the selling of hand sanitizer that reached 531% in February this year (Jati, 2020). Using hand sanitizer is considered more practical than using soap to clean our hands. Thus, in some cases, either at homes or public places, people prefer to provide hand sanitizer as their cleaning stuff. Therefore, the demand for hand sanitizer in society rose quickly.  Desideria (2020) reported that hand sanitizer producers' numbers also jumped sharply as well as masks' from only 45 producers to 475 producers, meaning it increased up to 995% from the previous number. These producers include both big companies and home businesses. By that, we can see that hand sanitizer production is a pretty wise choice to open a new business during this pandemic time not only to support our financial condition but also to help the society fill their necessity as well.

Thirdly, food delivery is also one of the top business fields during this pandemic. Due to the medical policies responding to the pandemic handling,  activities of people became much more limited. Thus, people cannot have any food they usually buy from certain places every time they want as previous times. For that, food delivery is considered a  great idea to help people to get their food without offending the policies. Since the outbreak of covid-19, the demand for food delivery has been surging. Delivery services such as Deliveroo, JustEat, Postmates, and UberEats introduced contactless delivery as a response to eliminate the risk of the virus spreading between customer and driver (Research and Markets, 2020). The fact that food is one of the human's chief needs makes business in this field give us more possibility to be successful along with the high demand for delivery from society. Fraser (2020) reported that food delivery businesses are seeing elevated demand for their service. Food delivery services such as CB Eats and Skip the Dishes have seen their business increase since mid-March in Cape Breton. DKSH (2020) also mentioned that there was a 20% increase in spending on food delivery during January in China when the outbreak of coronavirus. DJ.com sales jumped   215% to almost 15,000 tons for ten days as the people were quarantined at home. Food delivery seems very vital during this time; thus, opening a new business in this field will not give us a big possibility to be failed. Hence, by that, not only the service providers will get the benefit for their finance, but they also will help those who have difficulties accessing food services because of the policies during this time.

In brief, masks production, hand sanitizer production, and food delivery become the top three business fields during this pandemic. These fields are estimated to have a tinier number of failure possibilities since the demands keep increasing in the latest months. If unemployed people try to open businesses in these fields, sooner or later it will help them to get out of economic difficulties as well as support society's life while fighting coronavirus. The number of unemployed people will go down as either they open a business or become employees of the new business industry. The point is that they will start making money again so that their financial condition will be better. Besides, they also contribute to fulfilling society's needs for masks, hand sanitizers, and food delivery services. Branson (2019) said that business opportunities are like buses, there is always another one coming. Some businesses must have shattered because of the pandemic, yet the new ones may also release at the same time that is along with mature consideration and calculation to read the market.

 Sources:

1.      Desideria, Benedikta. Produsen Masker Meningkat 700 Persen, Hand Sanitizer 955 Persen Selama Pandemi COVID-19. Liputan6.com.

2.      Fraser, Jeremy. “Demand for online food delivery service increases in Cape Breton amid COVID-19 pandemic.” The Guardian.

3.      Goodreads.com.

4.      Hufford, Austen. “New Manufacturers Jump Into Mask Making as Coronavirus Spreads.” The Wall Street Journal.

5.      Jati, Anggoro S. Pandemi Corona, Penjualan Hand Sanitizer di Ecommerce Meningkat 500%. Inet.dtik.com.

6.      Razpoza, Kenneth. “Did The Pandemic Destroy The World Economy As Much As We Think?” Forbes.

7.       Researchandmarkets.com. Food delivery: Covid 19.

8.      U.S. Food and Drug Administration

9.      Unicef


Komentar

Postingan Populer