Look Into The Current Trends In Ecommerce To Know WhatÔÇÖs Next For Businesses?

Drone based Delivery

The culture of innovation at Amazon doesnÔÇÖt end at its cloud solutions. A few days ago, Amazon made its first drone delivery in a record time of 13 minutes just after the user placed the order.

Other brands are not too far behind. Companies like DominoÔÇÖs Pizza, Google, Alibaba, etc. are some other brands that are extensively using the concept of drone delivery to make their delivery system more efficient and deliver orders in remote areas.

Virtual Reality

According to a research conducted by Barclaycard, 6 out of 10 retailers were affected negatively due to increasing number of product returns. The reason behind such statistics is that people are not able to understand aspects of the product by simply reading its description.

This is where virtual reality steps in to provide a better user experience. From product display experience to enhancing the checkout experience, virtual reality can be used in every vertical of ecommerce business. Major advantages include:

• Lower product return rate
• Enhanced buying experience
• Better conversion

Make Smart Decisions with Artificial Intelligence

From making strategic business decisions to personalized product recommendations, the role of artificial intelligence has expanded to every aspect of an ecommerce business.

Store and marketplace owners, who rely on manual inputs to make their ecommerce business work, should consider using artificial intelligence to automate common tasks that require human effort. To get a better idea about how artificial intelligence can assist your ecommerce business, look at the following uses:

• Better product recommendations
• Smarter customer segmentation for effective marketing strategy
• Intelligent chat bot to answer queries in real time
• Safeguard your ecommerce business with fraud analysis, etc.

Closing more Sales through Social Commerce

Social media marketing and promotion has been one of the most prominent and current trends in eCommerce. This is year also; major social media platforms like Facebook, Pinterest, etc. provide ecommerce features for sellers. It is up to sellers how they use the platform to improve their sales figure.

Social portals like Instagram, which has not yet integrated ecommerce features, is testing a ÔÇ£Shop NowÔÇØ button. With this feature, users can easily buy the product appearing in the image. LinkedIn also provides tools like Sales Navigator, which help businesses to focus on the target audience and improve their sales figure.

Conclusion

The ecommerce ecosystem is seeing a monumental change in innovation and technology. With more people appreciating each innovation brought by ecommerce giants, consumers are becoming hungry for better user experience. If you want your ecommerce business to run sustainably in 2017, then keep your eyes open and be ready to improvise on the go with the above-mentioned trends.