These Industries Remain Profitable During COVID-19 Thanks to Digital, According to Take2Strategy’s Gabriel Shaoolian

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The COVID-19 health crisis has caused economic damage, with the US GDP dropping 4.8% in the first quarter of 2020. However, Take2Strategy compiled a list of the industries that are have showed the most resilience due to a strong focus on digital products and services.

According to research, overall spending intent among consumers is down across two-thirds of 41 major countries surveyed, but a growing number of categories are starting to show positive trends.

Take2Strategy's Business Growth Consultant Gabriel Shaoolian outlined the industries that, overall, are not suffering major losses due to COVID-19 and actually benefitting due to their focus on digital channels.

The top industries that are remaining profitable thanks to digital are:

1. Delivery Platforms
2. Gaming and eSports
3. Grocery Services
4. Video Conferencing Platforms
5. Entertainment Streaming
6. Virtual Fitness Instruction

These industries have leveraged digital capabilities to accommodate consumers who are social distancing and in self-isolation.

Certain industries, like groceries and virtual fitness, have used digital to take the place of activities that are usually done in-person. Others, like gaming and entertainment streaming, have grown their already digital-first offering due to the increased time consumers are spending at home.

About Take2Strategy: Take2Strategy's Gabriel Shaoolian is a digital growth consultant specialized in growing brands online. Take2Strategy provides services to startups and enterprises looking for market-winning business, web and marketing strategy.

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