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Same here. We have provide a warehouse management system specifically for e-commerce warehouses, as SaaS. We are (one of) the biggest player in the Netherlands,

Same here. We have provide a warehouse management system specifically for e-commerce warehouses, as SaaS. We are (one of) the biggest player in the Netherlands, and since "social distancing" started here 4 weeks ago we see Black Friday 2019 levels of orders every day, for 4 weeks straight now. We have some customers that saw there orders come to a stop, even a few bankruptcies already. But almost all see a 30-40% bigger order flow. Some customers that sell DIY hair products see a doubling or tripling in orders per day and revenue. When I talk to the biggest e-commerce players in the Netherlands and the top 3 parcel shippers, they all see (near) black friday levels of orders/shipments.

polote 6y ago
Same in France, most makeup brands are x2-x3, fashion is x1.5 to x6 In France there is no increase of unemployment, instead they are at home getting paid, I guess they have a lot of money to spend as they can't party or go the restaurant It is actually quite visible here : https://contentsquare.com/covid-19-ecommerce-impact-data-hub/ https://contentsquare.com/covid-19-ecommerce-impact-data-hub...
- gamblor956 6y ago
  France's unemployment numbers don't include the many contract workers that are not full time employees under French law. A lot of them are out of work right now and receiving nothing from the French government. Because French law makes it so hard to fire a full-time employee, many businesses only hire workers on a part-time basis. In contrast, most US unemployment numbers generally include all individuals seeking work, regardless of the type of employment they previously had.
  - hadrien01 6y ago
    False, unemployment numbers include part-time and fixed-term contracts, and they've only gone up 42k compared to last year[1]. Part-time and fixed-term contracts are covered under the French partial furlough reimbursement plan. [1] https://www.lesechos.fr/economie-france/social/coronavirus-hausse-soutenue-des-inscriptions-a-pole-emploi-1195069 https://www.lesechos.fr/economie-france/social/coronavirus-h...
    - deleted 6y ago
      [deleted]
    - gamblor956 6y ago
      The French numbers are more than 42,000. Under the partial furlough program, they've simply re-labeled unemployed workers to be "partially furloughed" workers rather than unemployed. Using that definition, the US COVID-related unemployment numbers aren't nearly as bad, since millions have been "furloughed" rather than "permanently laid off." The devil is in the details.
      - perl4ever 6y ago
        People always say unemployment is undercounted, especially in the US, but I believe the rates are based on surveying people and anyone is counted if they say they want to work (more). I'm very skeptical that furloughed people would not be counted, because I just don't think the process works that way. Of course, maybe things have changed. The depressing thing about cynicism is it means you end up having no resistance to it becoming a reality.
- snappieT 6y ago
  This sounds like the lipstick effect [0] - consumers buy inexpensive luxuries when they're feeling cash-strapped. Tends to be a leading indicator of recessions (though I don't suggest that's the exact phenomenon that's happening here) [0] https://www.investopedia.com/terms/l/lipstick-effect.asp https://www.investopedia.com/terms/l/lipstick-effect.asp
- Aissen 6y ago
  Only 9 million people in furlough (with gov benefits); so a third of the working population. The economic shock is going to be brutal.
  - user5994461 6y ago
    Don't think so for France. The state gives too good benefits and it already announced it will be maintaining paychecks for all unemployed. However that's billions over billions of new debt taken, and it's gonna be brutal to pay back in the next decade.
  - Kydlaw 6y ago
    Is it going to be more or less brutal than the $2 trillion in the US?
- delfinom 6y ago
  It's hoarding though. Nobody is going to be wearing that makeup right now until they can start going out. Sales are going to crater once everyone has their 4 years supply. And that too will be devastating to companies
  - mparr4 6y ago
    I don't think that's right. My wife puts makeup on before her video conferences every day.
    - Kiro 6y ago
      My girlfriend hasn't put on makeup since the quarantine started even though she has multiple video meetings a day.
      - HeWhoLurksLate 6y ago
        Also anecdotally, my aunt is a teacher and she only puts on makeup when she's recording stuff for her classses.

polote 6y ago

Same in France, most makeup brands are x2-x3, fashion is x1.5 to x6 In France there is no increase of unemployment, instead they are at home getting paid, I guess they have a lot of money to spend as they can't party or go the restaurant It is actually quite visible here : https://contentsquare.com/covid-19-ecommerce-impact-data-hub/ https://contentsquare.com/covid-19-ecommerce-impact-data-hub...

gamblor956 6y ago
France's unemployment numbers don't include the many contract workers that are not full time employees under French law. A lot of them are out of work right now and receiving nothing from the French government. Because French law makes it so hard to fire a full-time employee, many businesses only hire workers on a part-time basis. In contrast, most US unemployment numbers generally include all individuals seeking work, regardless of the type of employment they previously had.
- hadrien01 6y ago
  False, unemployment numbers include part-time and fixed-term contracts, and they've only gone up 42k compared to last year[1]. Part-time and fixed-term contracts are covered under the French partial furlough reimbursement plan. [1] https://www.lesechos.fr/economie-france/social/coronavirus-hausse-soutenue-des-inscriptions-a-pole-emploi-1195069 https://www.lesechos.fr/economie-france/social/coronavirus-h...
  - deleted 6y ago
    [deleted]
  - gamblor956 6y ago
    The French numbers are more than 42,000. Under the partial furlough program, they've simply re-labeled unemployed workers to be "partially furloughed" workers rather than unemployed. Using that definition, the US COVID-related unemployment numbers aren't nearly as bad, since millions have been "furloughed" rather than "permanently laid off." The devil is in the details.
    - perl4ever 6y ago
      People always say unemployment is undercounted, especially in the US, but I believe the rates are based on surveying people and anyone is counted if they say they want to work (more). I'm very skeptical that furloughed people would not be counted, because I just don't think the process works that way. Of course, maybe things have changed. The depressing thing about cynicism is it means you end up having no resistance to it becoming a reality.
snappieT 6y ago
This sounds like the lipstick effect [0] - consumers buy inexpensive luxuries when they're feeling cash-strapped. Tends to be a leading indicator of recessions (though I don't suggest that's the exact phenomenon that's happening here) [0] https://www.investopedia.com/terms/l/lipstick-effect.asp https://www.investopedia.com/terms/l/lipstick-effect.asp
Aissen 6y ago
Only 9 million people in furlough (with gov benefits); so a third of the working population. The economic shock is going to be brutal.
- user5994461 6y ago
  Don't think so for France. The state gives too good benefits and it already announced it will be maintaining paychecks for all unemployed. However that's billions over billions of new debt taken, and it's gonna be brutal to pay back in the next decade.
- Kydlaw 6y ago
  Is it going to be more or less brutal than the $2 trillion in the US?
delfinom 6y ago
It's hoarding though. Nobody is going to be wearing that makeup right now until they can start going out. Sales are going to crater once everyone has their 4 years supply. And that too will be devastating to companies
- mparr4 6y ago
  I don't think that's right. My wife puts makeup on before her video conferences every day.
  - Kiro 6y ago
    My girlfriend hasn't put on makeup since the quarantine started even though she has multiple video meetings a day.
    - HeWhoLurksLate 6y ago
      Also anecdotally, my aunt is a teacher and she only puts on makeup when she's recording stuff for her classses.