What Is the Future of E commerce in 2018 and Beyond?
Future of E commerce?
In the next year amazon will turn about 25 years old.
This big giant of E commerce has more than 37% of e commerce market in the world and will become responsible for more than 50% of sale in about next 3 years.
The big numbers of amazon tell the size of the company and its monopoly in most of the big markets in India. After lots of advancement in delivery time of One day to 2 hours delivery. The new drone service is one the big advancement to provide 2 hours delivery to its Customers. Now demand of e commerce designing company increasing with fast pace.
What is the future of e commerce beyond 2018 ? Lets see the top 10 trends:-
E commerce has captured lots of the market but have lots of Opportunities because it Is Only 11.9% of Retail.
Most of the top feature is to buy anywhere anything.
Automation in E commerce is also the big advantage to this industry.
With introduction of Smartphone has change the way people shop. Made online shipping more easy.
Selling on Social channels is now delivering big results to the sellers.
Wide opportunities in International online Shopping E commerce
Smartphone has increased the more opportunities due to informational searches online to buy or to learn something.
Content is also big tool to get more engagement to sell products.
Business to Business E commerce is generating more revenue than Business to Customer by Over $5 Trillion
Fragmentation Is one the biggest Challenge in E commerce Development Market
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Fashion & Luxury
Home Goods & Appliances
Health & Wellness
Fitness & Sports
Baby Care Products
Beauty & Cosmetics
Toys & Children Products
1. E commerce Is Growing but it about 12% of Retail Sales
E commerce market share has increased about 4% the amount of Retail Sale from past 3 years. This percent will going to increase in next 2 years by 5%.
Latest Data and Statistic of E commerce Industry
With fast growth of e commerce market their are enormous opportunities in online for new players to start their own business and become the traditional industry leaders. Businesses with high growth need to have close look on what is liked or what’s not to emerge as a big brand online. To increase the brand awareness online the website designing service provider in Meerut are emerging as Affiliate marketing hub in India.
The next move of amazon to open the Brick and Mortar Store to capture new area of online market. So now new opportunities are opening for the Construction Material businesses.
What are micro-moments?
In-the-moment purchase decisions
Decisions to solve problems right away
The pursuit of big goals during downtime
Decisions to try new things in routine moments
Now more than ever before, shoppers can make more out of their brain breaks and downtime. In addition to creating content, promotional offers, and targeted ads on social media, e commerce marketers should optimize every last detail—including transactional emails like shipping notifications, purchase confirmations, and status updates.
Triggered by buying behaviors, these messages can help generate repeat sales and deepen customer engagement. According to research from Experian, the revenue per email from transactional messages dwarf bulk emails. Open and transaction rates for messages are also higher since shoppers want to know when their orders will arrive.
Types of optimizations for E commerce Website
Cross-sells and Up sells based on season and purchase
Buying Guides and How to video great for sale online
Great to link the app