Analysis of the Role of the Internet in Stimulating Consumption by Demand in the Post-epidemic Era

Abstract

The outbreak of the COVID-19 epidemic in early 2020 had a great impact on the economy and society, and the service industry, as the economic pillar, was the first to be affected. During the pandemic, the Internet industry played an important role and became an important part of people's lives. Although the epidemic has brought great challenges to the Internet industry, it also shows us the great potential of the Internet in promoting consumption growth. After the epidemic ended, demand stimulated consumption, and the Internet industry promoted economic growth. This paper discusses the demand-driven consumption scale after the epidemic, the impact of consumption scale on the economy, and the specific aspects of the Internet promoting economic development. Specifically, this paper analyzes how the Internet promotes economic development from three angles: Internet finance, online education, and online marketing. It also tells the development measures that should be taken in the future Internet industry. This paper finds that the increase in consumer demand after the epidemic has led to the expansion of consumption scale, which has promoted the development of the Internet, and the development of the Internet has promoted economic development.