Hawke Media Coronavirus Report: July 15, 2020 | Blog | Hawke Media


The United States continues to break records as coronavirus surges grow with states like California, Texas, and Florida hitting record highs in confirmed cases, the latter setting a national record for most cases and most hospitalizations in one day.

COVID-19 has been a constant since March and the world has revolved around this virus, however, there are early signs of hope as an early-stage vaccine trial sees positive results and some common sense methodology from The CDC that says the virus could be quelled in 4-8 weeks if everyone wears masks.

Despite this, the issue has become divisive and will continue to be polarized as many refuse to take precautions and restrictions are re-imposed, meaning businesses will suffer as the public good takes precedence and government assistance hasn’t been able to adequately fill the gap for many.

This means that consumers will once again be pushed back into their homes and have to adapt or continue to solidify new ways of addressing their needs.

Spending by Category

Source: McKinsey
  • Consumers intend to spend more in the next two weeks across a majority of categories as many begin recovering to some degree.

Source: McKinsey
  • The number of consumers that are shopping primarily online is growing as well, with 40-70% expected to make the shift almost completely.

Consumer Behavior

Source: PWC
  • Globally, consumers are increasingly willing to go the extra mile and part with their data to help with contact tracing and other initiatives.
  • Additionally, nearly three quarters have found themselves working from home at least part-time.

Category Growth

Source: Via News
  • In 2020, the only sector forecast to see real growth globally is Food & Beverage, not including alcohol.

Source: eMarketer
  • Retail sales are projected to end the year down 5.7% from 2019, which is 12% below pre-COVID projections.
  • Global GDP decline is expected to hit 3% which is stark in contrast to the 0.1% global GDP decline of 2009. 

eCommerce Growth

Source: Loss Prevention Magazine
  • While growth is expected to drop on a global and national level in most regions, eCommerce across many categories has experienced unprecedented growth like the 149% increase in US home improvement sales. 


Source: McKinsey
  • Digital channels are becoming increasingly more relevant as consumers shift their focus from traditional media, many spending time in apps, so ad dollars are following that pattern.

Source: eMarketer
  • Google’s ad revenue dropped by an astounding 5.3% in June 2020. Other major digital advertising platforms experienced similar hardship with the exceptions of Instagram, Snapchat, and Amazon.

This article originally appeared in the HawkeMedia blog and has been published here with permission.

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Steve has entrepreneurship in his DNA. Starting in the early 2000s, Steve achieved eBay Power Seller status which propelled him to become a founding partner of VisionPros.com, a contact lens and eyewear retailer. Four years later through a successful exit from that startup, he embarked on his next journey into digital strategy for direct-to-consumer brands.

Currently, Steve is a Senior Merchant Success Manager at Shopify, where he helps brands to identify, navigate and accelerate growth online and in-store.

To maintain his competitive edge, Steve also hosts the top-rated twice-weekly podcast eCommerce Fastlane. He interviews Shopify Partners and subject matter experts who share the latest marketing strategy, tactics, platforms, and must-have apps, that assist Shopify-powered brands to improve efficiencies, profitably grow revenue and to build lifetime customer loyalty.

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