Greek company finds solution to combat food and antiseptic shortage amid coronavirus pandemic

·

Greek technology firm, Convert Group, has unveiled a solution for one of the most important challenges of the COVID-19 retail hysteria. That is, the decreased availability and price fluctuations of coronavirus sensitive products, such as antiseptics, masks and food products, in online pharmacies and groceries.

The firm has launched its “eRetail Content” infrastructure globally, which will allow more manufacturers to get online and keep track of their “digital shelf presence.” In essence, many companies can now use their e-commerce platform to more easily monitor their product availability and ensure they are always fully-stocked amidst the COVID-19 epidemic.

According to Deputy CEO & Director of Product Innovation, Elena Chailazopoulou, the e-commerce platform will also limit the risk of ‘price gouging.’

Online shopping is on the rise amid the COVID-19 pandemic.

“Online purchases are skyrocketing around the world. Today, we are seeing uplifts in demand of more than 2.000 percent per week in COVID-19 related products such as antiseptics and masks, more than 100 percent in spaghetti, rice and hygiene products, and about 50 percent in food supplements and vitamins,” Ms Chailazopoulou said.

“That leads to stock-outs and price gouging which is extremely painful for the global communities in their fight against COVID-19.

“It’s for this reason we are extremely proud to be offering our proven technology to manufacturers around the world who want to monitor their digital presence, product availability and sell-out pricing.”

Convert Group’s e-commerce platforms have already been implemented with tremendous success in Italy, Spain and Greece, and they have partnerships with some big multi-national firms such as Dettol, Johnson & Johnson, and Colgate.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Greek Foreign Minister meets Libyan Commander Haftar in Benghazi

Greek Foreign Minister Giorgos Gerapetritis met with General Khalifa Haftar, commander of the Libyan National Army, in Benghazi.

Eric Brown’s viral Epiphany memory unites Greek and First Nations communities

The social media video of Bidjigal Gundungarra Dharawal man, Eric Brown, has captured the hearts of thousands of Greek Australians.

Greek-owned ship attacked and abandoned in Red Sea amid Houthi escalation

Crew members of a Liberian-flagged, Greek-owned bulk carrier, Magic Seas, were forced to abandon ship in the Red Sea.

Victorian government launches Anti-Hate Taskforce after wave of antisemitic attacks

A man has been charged in connection with an alleged arson attack on a historic synagogue in East Melbourne.

Summer soundtrack: The ultimate guide to Greek concerts and festivals in 2025

Wherever you are in the country, The Greek Herald has the inside scoop on must-see performances to catch during your summer escape.

You May Also Like

Vasilis Berbatakis ‘steps up’ to help people suffering from cerebral palsy

Vasilis Berbatakis ‘steps up’ to help people suffering from cerebral palsy and shares his story with The Greek Herald.

Greek-owned fashion retailer Harrolds goes into liquidation with $16 million debt

Australian luxury fashion retailer Harrolds renowned for attracting celebrities has entered liquidation, leaving behind debts of $16 million.

Simon Kennedy sends message to Greek community ahead of Cook by-election

The Liberal candidate for Cook, Simon Kennedy, has sent a message to the Greek community on why he should be elected in the Cook by-election.