fbp
Second COVID-19 Survey Shows Independent Retailers Are Taking Serious Steps to Prevent Spread of Disease

Written by Rob Stott

March 26, 2020

Nationwide Marketing Group has released the results of its second quick-turn survey of the membership and how it is responding to the spread of COVID-19. In this follow-up survey, 633 respondents — a 37% increase over the first survey — provided feedback on a number of inquiries into how their business is navigating the crisis and steps they are taking to keep employees and customers safe, among other topics.

Among the key findings from the latest member survey:

  • 97% of responding dealers say they have increased cleaning and hygiene efforts in-store as a primary operational modification (up from 95% in the previous survey); 89% have implemented social distancing procedures in their stores
  • 42% have reduced store hours, up from 12% in the first survey
  • 38% say they have reduced staff size through layoffs, furloughs, or terminations since the outset of the COVID-19 situation; of those who reduced staff size, 74% said they plan to rehire all staff when the outbreak subsides, 62% have assisted impacted team members in the process of filing for unemployment and 49% stay in regular contact with impacted employees to provide updates and possible assistance until they are able to rehire
  • 13% report voluntarily closing their stores with no government order in place to do so — up from 5% in the previous survey; another 8% said they plan to do so soon

While responding dealers have drastically altered their in-store operations, the survey results show that they are actively evolving their digital strategies in order to continue serving their customers and communities. Of dealers who responded to the survey, 36% report having made enhancements to their websites, including adding ecommerce, integrating chat functionality and more.

According to responding dealers, the COVID-19 situation is also presenting a clear opportunity for at least one product category: freezers. Just shy of 90% of responding dealers cited freezers as their hottest product category over the past two weeks. Other notable appliances mentioned included laundry sets (17%) and refrigerators (14%).

Of the retailers who participated, 48% reported that they are in areas impacted by a shelter-in-place or stay-at-home order. Nationwide Marketing Group is actively monitoring and reaching out to state legislators in those impacted areas, advocating on behalf of independent retail members to ensure that their businesses are classified as “essential” so they may remain open during this time. Additionally, customizable template waivers are available for independent appliance, consumer electronics and furniture and bedding dealers who wish to contact their local legislators to seek “essential business” classification.

The full results of the survey are available on the Nationwide Marketing Group website and on the regularly updated Coronavirus Resources page.

Connect With Us!

More Podcasts

123: Celebrating 70 Years of Queen City Audio Video & Appliances

123: Celebrating 70 Years of Queen City Audio Video & Appliances

Started as a TV repair shop in 1952, Queen City Audio Video Appliances has grown into a widely successful independent retail business in the Charlotte, NC market. As they celebrate 70 years in business, we sit down with second-generation owner Roddey Player and his kids Roddey Jr. and Kate to talk about the company’s legacy, their expansion efforts and more.   

122: Brand Story Time with Todd Getz from GE Appliances

122: Brand Story Time with Todd Getz from GE Appliances

A lot fo work and effort goes into crafting an effective brand story. Just ask Todd Getz, Executive Brand Director for GE and GE Profile, who has made stops at Coca-Cola, P&G and Colgate Palmolive before landing in Louisville. Todd shares his experience at GEA and dives into some of the things he’s working on.

121: What’s Hot in the Outdoor Category Right Now?

121: What’s Hot in the Outdoor Category Right Now?

There’s nothing like talking about the Outdoor category with John Laing, Nationwide Marketing Group’s director of appliances and outdoor. You learn something every single time, and his passion for all things outdoor entertainment is infectious. Mr. Laing jumps onto the podcast to share the trends he’s watching, talk about the PrimeTime Backyard experience in Orlando and more.