Page 150 - COVID-19: The Great Reset
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trimester  spent  watching  their  professors  on  their  screens,  will
                they start questioning the high cost of education?



                     To  grasp  the  extreme  complexity  and  uncertainty  of  this
                evolution in consumer behaviour, let us revert to the example of
                online shopping versus in-person retail. As stated, it is very likely
                that  bricks-and-mortar  stores  will  lose  out  severely  in  favour  of
                online shopping. Consumers may be willing to pay a bit extra to

                have heavy and bulky products, like bottles and household goods,
                delivered to them. Supermarket retail space will therefore shrink,
                coming  to  resemble  convenience  stores  where  shoppers  go  to

                buy  relatively  small  quantities  of  specific  food  products.  But  it
                could  also  be  the  case  that  less  money  will  be  spent  in
                restaurants, suggesting that in places where a high percentage of
                people’s food budget traditionally went to restaurants (60% in New
                York  City  for  example),  these  funds  could  be  diverted  to  and

                benefit  urban  supermarkets  as  city  dwellers  rediscover  the
                pleasure  of  cooking  at  home.  The  same  phenomenon  may
                happen  with  the  entertainment  business.  The  pandemic  may

                increase  our  anxiety  about  sitting  in  an  enclosed  space  with
                complete  strangers,  and  many  people  may  decide  that  staying
                home to watch the latest movie or opera is the wisest option. Such
                a decision will benefit local supermarkets to the detriment of bars
                and  restaurants  (although  the  option  of  online  takeout  meal

                delivery  services  could  be  a  lifeline  for  the  latter).  There  were
                numerous  examples  of  this  happening  in  an  ad  hoc  fashion  in
                cities  across  the  world  during  lockdowns.  Could  it  perhaps

                become  an  important  element  of  some  restaurants’  new  post-
                COVID-19  business-survival  plan?  There  are  other  first-round
                effects  that  are  much  easier  to  anticipate.  Cleanliness  is  one  of
                them. The pandemic will certainly heighten our focus on hygiene.
                A  new  obsession  with  cleanliness  will  particularly  entail  the

                creation of new forms of packaging. We will be encouraged not to
                touch the products we buy. Simple pleasures like smelling a melon
                or squeezing a fruit will be frowned upon and may even become a

                thing of the past.


                     A  single  attitudinal  change  will  have  many  different
                ramifications,  each  having  a  particular  effect  on  one  specific




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