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# PWYC COVID
Brands are alleviating financial stress with special pay-what-you-can programs.

By [Kalin Ned](https://www.trendhunter.com/knedelch), Research Writer | Published Jun 17, 2020 | Category: [Lifestyle](https://www.trendhunter.com/pro/category/lifestyle-trends)
Source: Trend Hunter, https://www.trendhunter.com/protrends/pwyc-covid

## Key Figures

- Trend score: 2.2/10
- Evidence articles: 4

## What is the PWYC COVID trend?

**PWYC COVID:** During COVID-19, many companies have decided to offer their products, services, or a portion of them on a pay-what-you-can basis. These types of initiatives are launched as businesses seek to support their consumers while being sensitive about their financial situation during the pandemic.

## The consumer insight behind the PWYC COVID trend

Consumers are experiencing some financial insecurity as the COVID-19 pandemic has effectively taken away jobs and opportunities. For some, this impacts their ability to afford necessities like food, shelter, education, and so on. This creates a demand for more accessible goods that allow individuals to be fed or to enrich their lives without placing further strain on their unique financial situations. As a result, many opt-in for discounted or flexible solutions in order to take care of themselves and their families without worrying about money.

## At a Glance

- Evidence: 4 featured examples
- Articles from: Apr 2 to Jun 17, 2020
- Published: Jun 17, 2020
- Patterns: [Divergence](https://www.trendhunter.com/pattern/divergence), [Reduction](https://www.trendhunter.com/pattern/reduction)
- Megatrends: [Simplicity](https://www.trendhunter.com/megatrend/simplicity), [Experience](https://www.trendhunter.com/megatrend/experience), [Catalyzation](https://www.trendhunter.com/megatrend/catalyzation)

## Audience

- Gender: 50% men, 50% women
- Primary generations: Gen Z, Millennial, Gen X
- Top markets: North America, Europe, Asia

## Themes within the PWYC COVID trend

### PWYC Initiatives

Businesses are helping alleviate financial strain on consumers with pay-what-you-can programs in response to COVID-19.

### Discounted and Flexible Solutions

Consumers are seeking accessible goods that allow individuals to take care of themselves and their families without worrying about money.

### Virtual Programs

Virtual programs are becoming popular during COVID-19, especially pay-what-you-can classes and courses.

## What the PWYC COVID trend means for industry

### For Education

Pay-what-you-can programs for education services could be offered to support students during COVID-19 and beyond.

### For Food and Beverage

Pay-what-you-can initiatives on certain menu items can help restaurants draw in families during COVID-19.

### For Healthcare and Pharmaceuticals

Pay-what-you-can options in online pharmacies can help make healthcare accessible to people affected by COVID-19.

## Workshop question

How can your brand increase affordability for certain products/services?

## Trend signals for PWYC COVID

Trend score 2.2 out of 10, from popularity 31%, activity 27%, freshness 9%.

- Popularity: 31%
- Activity: 27%
- Freshness: 9%

## Examples of the PWYC COVID trend

4 featured examples from Apr 2 to Jun 17, 2020.

- [Pay-What-You-Can Online Pharmacies](https://www.trendhunter.com/trends/online-pharmacy-cabinet): Online Pharmacy Cabinet is Helping Public Safety Amid Covid-19 (Category: Social Good)
  Implication: The pharmaceutical industry can benefit from implementing pay-what-you-can programs and direct-to-consumer delivery to improve accessibility and affordability.
- [PWYC Kid's Meals](https://www.trendhunter.com/trends/hugos-restaurants): Hugo's Restaurants is Alleviating Stress from Family Life Amid COVID-19 (Category: Marketing)
  Implication: The restaurant industry can adopt PWYC menus to assist struggling families, while building stronger connections with their communities.
- [PWYC Virtual Music Classes](https://www.trendhunter.com/trends/virtual-music-class): Sing Like A STAR Provides Classes for Children Through Zoom (Category: Social Good)
  Implication: Disruptive innovation opportunity: Integrating technology and virtual platforms into traditional music education programs to meet the changing needs of students.
- [PWYC ISA Programs](https://www.trendhunter.com/trends/juno-college-of-technology): Juno College of Technology Aims to Offer Tuition Flexibility to Students (Category: Social Good)
  Implication: Disruptive innovation opportunity: Introducing innovative financial models to make education more accessible and inclusive.

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All articles: [Lifestyle](https://www.trendhunter.com/lifestyle)
