Ecommerce Trends to Watch Today and in Near Future

 

The Ecommerce Trends of 2020 | EcommerceResult

A wise proverb holds that trying to predict the future is a fool’s errand. That being said, such fields as finance, business, and commerce are constantly relying on predictive analytics to make better informed decisions. And ecommerce is no exception. If you’re also looking to make some educated projections about the future of your ecommerce venture, you may want to look at some important trends that are likely to shape the ecommerce landscape in the next couple years.

Increase in Online Shopping

It’s not a secret that almost half of the Internet users note that they will continue to shop online, the habit massively adopted during the pandemic. It comes as no surprise that the e-commerce share of retail sales globally has skyrocketed and is projected to grow in the next years. A series of lockdowns have necessitated the greater adoption of ecommerce and consequently resulted in the creation of new retail ecommerce companies and small online stores. With this in mind, you may want to conduct your own research to decide whether or not creating an ecommerce store or expanding your B2B business is worth a shot.

Automation is a Key to Success

As e-commerce continues to thrive, more and more businesses tap into the power of modern technologies to enhance their productivity. And today, internet commerce may benefit greatly from automation, whose purpose is to reduce human intervention to a minimum and help companies boost their overall efficiency. To streamline their business processes, automate redundant and tedious tasks, free up employees for more important assignments, etc, many companies start using dedicated applications or design their own solutions to address their individual needs. By the way, if you’re looking into the possibility to build a unique tool to help your business scale, be sure to make a rough estimate with the online calculator by LITSLINK.

Chatbots, project management tools, online conference apps, task schedulers, smart calendars, and sales forecasting solutions are the most commonly talked about apps that enable modern ecommerce companies to operate more effectively. These and other tools, including much hyped AI and machine learning solutions, can really go a long way towards helping you eliminate or substantially shorten workforce functions, scale your venture, channel resources more efficiently, increase sales revenue, and much more.

Mobile Commerce

If you’re no stranger to mobile app development, you might have heard of progressive web applications. These tools are widely adopted today to create robust, fast, and native-looking applications for businesses. Thanks progressive app solutions, more people now get a chance to deliver a better online experience to their users on mobile. PWAs are widely used for its ability to increase mobile traffic, improved load and installation speed, lower bounce rate, app-like look and feel, and much more. But the best thing is that the cost of developing a PWA is much lower compared with traditional apps or native mobile apps.

Since shopping on smartphones isn’t commonplace nowadays, you should definitely give some thought to PWA development. This will help you attract more potential customers and increase sales via mobile devices.

Emphasis on Customer Experience

Since without loyal customers any entrepreneurial venture, including e-commerce one, is doomed to failure, brands work harder to deliver the best possible online shopping experience. For this, more and more ecommerce platforms and online stores look to innovate and employ state-of-the-art solutions to provide more compelling UX and increase conversions. Thus, companies use augmented reality, 3D modeling, and AI-powered solutions to attract a wider audience and allow them to make better informed buying decisions. Some retailers go further and introduce online-ordering and curbside-pickup options, which helps meet the needs of more customers. Finally, it would be a wise decision to use video chats to help each individual customer with their buyer’s journey.

Now you know what trends are poised to dominate the ecommerce landscape. Hopefully, this knowledge will help you capitalize on the aforementioned trends and increase sales online.

 

 

  • Todd Sumamno

    Todd is a seasoned writer and journalist with a passion for exploring the intersection of technology and design. With over a decade of experience in the industry, he has established himself as a trusted voice in the tech and design communities. Todd's writing career began in the early 2000s, when he started contributing to various online publications and blogs. He quickly gained a reputation for his ability to break down complex technical concepts into engaging and accessible language, making him a go-to writer for tech companies and startups looking to communicate their ideas to a wider audience. In recent years, Todd has focused on writing about the latest trends and innovations in the tech and design spaces. He has covered everything from artificial intelligence and machine learning to user experience (UX) design and human-computer interaction. His writing has appeared in a range of publications, including major tech websites, design magazines, and industry-specific journals. Todd's writing style is characterized by his ability to balance technical accuracy with engaging storytelling. He is known for his ability to distill complex ideas into clear and concise language, making him a favorite among readers who are looking for in-depth analysis and insight into the latest tech and design trends. When he's not writing, Todd can be found attending industry conferences and events, where he stays up-to-date on the latest developments in the tech and design worlds. He is also an avid user of new technologies and loves to experiment with new tools and platforms. Overall, Todd is a highly respected and experienced writer who is dedicated to helping readers understand the latest trends and innovations in the tech and design spaces. His writing is informative, engaging, and always insightful, making him a valuable resource for anyone looking to stay ahead of the curve in these rapidly evolving fields.

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