COVID - Winners and Losers

ernest_t_bass 12th Son of the Lama

26,698 posts 204 reps Joined Nov 2009

Mon, Mar 30, 2020 11:23 PM

As in all crises, the market adjusts, and you have winners and losers in the end. You have current businesses who's business will sore, and other businesses who will crash hard, and die out. Same with industry, not just business-specific. So, in your opinion, who or what are the winners and losers when this is said and done? No politics (plz try), and trying not to get personal (ie - people will die, they're the losers) if that makes sense.

Winners

Zoom - It's a buzz word now, and it will be how business, school, etc. is conducted from this point forward. Zoom is where it's at right now, so when other players enter the game, they better be ready.
At home meal services - We currently are doing Hello Fresh. What are some others?

Losers

Brick and mortar Retail - Online shopping is very prevalent already, but I think this increases logistics of parcel services to get items to folks quicker, and folks will ditch retail

gut Senior Member

18,369 posts 117 reps Joined Nov 2009

Mon, Mar 30, 2020 11:44 PM

posted by ernest_t_bass

At home meal services - We currently are doing Hello Fresh. What are some others?

I mentioned that a month ago with meal services. Man, did I miss the boat. Short Uber / Long HelloFresh - how great would that trade have been?!?

I have no idea where Zoom came from or how it has muscled in on such a crowded and competitive space as video conferencing. I see Jimmy Kimmel doing it - and specifically mentioning it by name - and it makes me thing they've spent A LOT of money for this exposure.

Obviously travel (airlines, hotel, tourism) is the biggest loser.

I also think China, and globalization in general, are going to be big losers.

ernest_t_bass 12th Son of the Lama

26,698 posts 204 reps Joined Nov 2009

Tue, Mar 31, 2020 9:41 AM

posted by gut

I also think China, and globalization in general, are going to be big losers.

I'm OK with that one.

wildcats20 In ROY I Trust!!

29,653 posts 76 reps Joined Nov 2009

Tue, Mar 31, 2020 9:43 AM

Hello fresh, home chef, blue apron, Marley spoon, and plated are the ones that we have used off an on. All good options.

iclfan2 Reppin' the 330/216/843

9,465 posts 100 reps Joined Nov 2009

Tue, Mar 31, 2020 9:52 AM

Winners - zoom, meal delivery kits, uber eats/ grubhub, any creative restaurant/ brewery that can hang out with specials and to go orders, customers will remember that when we get out of this.

Losers- a bunch: Retail stores such as Macy's/ JCP could go bankrupt even sooner, restaurants operating on a shoestring budget, people with rental homes who can barely cover the mortgage, boutique hotel owners or franchise owners who won't get occupancy back up for months. Small tour operators in tourism rich cities.

like_that 1st Team All-PWN

29,228 posts 321 reps Joined Apr 2010

Tue, Mar 31, 2020 10:42 AM

posted by gut
I mentioned that a month ago with meal services. Man, did I miss the boat. Short Uber / Long HelloFresh - how great would that trade have been?!?

I have no idea where Zoom came from or how it has muscled in on such a crowded and competitive space as video conferencing. I see Jimmy Kimmel doing it - and specifically mentioning it by name - and it makes me thing they've spent A LOT of money for this exposure.

Obviously travel (airlines, hotel, tourism) is the biggest loser.

I also think China, and globalization in general, are going to be big losers.

I would throw in the EU to piggy off of this. I thought brexit was the beginning of the end, but after this I definitely think the EU as we know it won't exist in 10 years.

I do hope China is the biggest loser in all of this.

Ironman92 Administrator

56,729 posts 168 reps Joined Nov 2009

Tue, Mar 31, 2020 10:48 AM

Winners: lawn mowing companies (gas $1.53)

Small business owners in the small towns...tough getting through this

ptown_trojans_1 Moderator

8,788 posts 20 reps Joined Nov 2009

Tue, Mar 31, 2020 11:32 AM

Agreed on Zoom as a winner. It is great how many people are using it now. My company has been using Zoom for 2.5 years. I'm a big fan of it. It has so seamless and the ability have a lot of people on a call with little lag time is great. The A/V quality is way better than say Skype or Go To Meeting. The ability to easily share screens is also very nice.

(That sounds like a plug, but seriously it is so much better than Skype. )

The ability to work from home is a winner. Most companies were starting to go that way anyways, but I think after all this, old school companies will be surprised how many people can now work remote/ from home.

Off of that, a loser is everything tied to a large office space environment, including lunch spots, office space, large office parks, and everything tied to have large groups of people sitting in one location.

Spock Senior Member

5,271 posts 9 reps Joined Jul 2013

Tue, Mar 31, 2020 11:55 AM

https://www.foxnews.com/us/los-angeles-high-school-students-absent-online-learning-coronavirus

Seems like students in LA schools are winning....winning means doing nothing I guess

BRF Senior Member

11,621 posts 111 reps Joined Nov 2009

Tue, Mar 31, 2020 4:56 PM

I think that church services will be taking a big hit after this is over.

I agree with others saying big winner being huge increase in work from home.

geeblock Member

1,123 posts 0 reps Joined May 2018

Wed, Apr 1, 2020 10:34 AM

Grocery stores/liquor stores are def winning. People are drinking a lot more and stockpiling both food and liquor. I have friends that not only have stock piled food, but they also order out everyday lol.

personally we haven’t ordered out much lately. I actually like cooking and it has given us a lot of enjoyment to try to make new things or make things from scratch. As far as alcohol I def discovered I’m more of a social drinker. I really don’t enjoy drinking at home that much especially with no sports. Don’t get me wrong I still get completely wasted on the weekend but I haven’t been able to muster much drinking during the week. I have friends that drink wine/bourbon every night

ernest_t_bass 12th Son of the Lama

26,698 posts 204 reps Joined Nov 2009

Wed, Apr 1, 2020 10:41 AM

Winners - Houston Astros

geeblock Member

1,123 posts 0 reps Joined May 2018

Wed, Apr 1, 2020 11:25 AM

posted by ernest_t_bass
Winners - Houston Astros

That’s for sure

superman Senior Member

4,377 posts 71 reps Joined Nov 2009

Wed, Apr 1, 2020 2:05 PM

5/3 Bank in Cincinnati is a big winner. They got caught doing the same thing Wells Fargo got busted for a few years ago with opening fake accounts for real people. I haven't even seen it on the news because of the Rona.

gut Senior Member

18,369 posts 117 reps Joined Nov 2009

Wed, Apr 1, 2020 2:12 PM

posted by like_that
I would throw in the EU to piggy off of this. I thought brexit was the beginning of the end, but after this I definitely think the EU as we know it won't exist in 10 years.

Good point. I hadn't thought about that, but this is only further exacerbating the existing economic/financial tensions. Italy barely survived the Great Recession, and Germany doesn't want to subsidize everyone else. I don't think the EU can withstand losing Germany, having already lost the UK.

Laley23 GOAT

33,369 posts 133 reps Joined Nov 2009

Wed, Apr 1, 2020 2:34 PM

Dogs are huge winners. I’ve seen dogs being walked 3x a day in our neighborhood that at I didn’t even know the owners had.

like_that 1st Team All-PWN

29,228 posts 321 reps Joined Apr 2010

Thu, Apr 2, 2020 9:37 AM

Ohio Chatter is also a winner out of this.

justincredible Honorable Admin

37,969 posts 250 reps Joined Nov 2009

Thu, Apr 2, 2020 9:39 AM

posted by like_that
Ohio Chatter is also a winner out of this.

justincredible Honorable Admin

37,969 posts 250 reps Joined Nov 2009

Thu, Apr 2, 2020 9:39 AM

Though, ad revenue hasn't moved at all. :|

ernest_t_bass 12th Son of the Lama

26,698 posts 204 reps Joined Nov 2009

Thu, Apr 2, 2020 9:46 AM

posted by justincredible
Though, ad revenue hasn't moved at all. :|

Do we just need to click on them for you to make $millions$ ?

justincredible Honorable Admin

37,969 posts 250 reps Joined Nov 2009

Thu, Apr 2, 2020 9:48 AM

Amazon ads require a click and purchase within 24 hours. So, if you're thinking of ordering on amazon and want to send a buck my way, you can click an ad before ordering.

The other ads require clicks to make anything, but you shouldn't click unless you're interested in the advertised item.

COVID - Winners and Losers

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