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Analysis of Consumers' Consumption Behaviours Under the Background of the COVID-19 Pandemic

In: Proceedings of the 2022 3rd International Conference on Big Data Economy and Information Management (BDEIM 2022)

Author

Listed:
  • Yang Chang

    (Shanghai Pinghe School)

  • Hongrun Lin

    (St. Andrew’s College Cambridge)

Abstract

Since the beginning of 2020, the COVID-19 pandemic has started of a sudden without giving people any time to prepare. When people were facing challenges, for instance, a shortage of medical supplies, their familiar lifestyles were becoming inapplicable. The relatively high unemployment rate, rupture of the capital chain, business failure and inflation seemed to show up in people’s lives at the same time. The impact of the COVID-19 pandemic on consumers has been considerable enough to force people to adapt to the new environment with existing technologies and knowledge. On account of the COVID-19 pandemic, some industries such as the car-hailing industry and tourism have encountered the ‘winter season’ and some industries such as the online shopping industry, fresh industry and distribution industry have boomed. In other words, consumers have been trying to accommodate and developed their new consumption behaviours and derived outcomes. This paper has analysed and summarised the changes in consumers’ consumption behaviours, consumption preferences, consumption styles and preferred payment methods based on the present economic situation.

Suggested Citation

  • Yang Chang & Hongrun Lin, 2023. "Analysis of Consumers' Consumption Behaviours Under the Background of the COVID-19 Pandemic," Advances in Economics, Business and Management Research, in: Seifedine Kadry & Yingchen Yan & Junjie Xia (ed.), Proceedings of the 2022 3rd International Conference on Big Data Economy and Information Management (BDEIM 2022), pages 294-306, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-124-1_35
    DOI: 10.2991/978-94-6463-124-1_35
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