THIS IS The Future of eCommerce: Trends, Statistics & What to Do Now

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Back to the Future (1985) is my all-time favorite movie, and they correctly predicted a number of technologies that exist today like personal drones, mobile payments, and smart clothing. This article will not be predicting the future of eCommerce however, because a lot of what is discussed below is already happening today!

Key trends indicating the future of eCommerce include voice shopping, visual search, connected devices to make purchases (via IoT, AR, VR), increased mobile commerce, the use of artificial intelligence, greater adoption of chatbots, and cryptocurrencies.

I have included actions that you can take today to help your eCommerce evolve before it’s too late. Keep an open mind when watching this video and remember that although some things may seem overwhelming, there are amazing technologies like Ecwid that are making it very easy for non-developer eCommerce merchants to jump on these trends now.

Chapters
Intro 0:00
Voice Shopping: 0:14
Visual Search: 1:00
IoT: 2:03
mCommerce: 2:33
AI: 3:00
Chatbots: 3:27
Crypto: 4:07
How to Start Now: 4:23

Sources
https://www.profitwell.com/recur/all/content-marketing-customer-acquisition-cost
https://www.emarketer.com/content/expect-7-4-million-new-digital-buyers-2020-pandemic-alters-behaviors
https://www.pitneybowes.com/uk/ecommerce-study.html#
https://www.webretailer.com/b/online-marketplaces/
https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/deloitte-study-holiday-shoppers-hooked-on-fast-and-free-shipping.html
https://www.avionos.com/b2c-consumers-personalized-experience/
https://www2.deloitte.com/content/dam/Deloitte/ec/Documents/consumer-business/2019-holiday-survey.pdf
https://www.statista.com/statistics/806336/mobile-retail-commerce-share-worldwide/
https://corp.narvar.com/state-of-returns-new-expectations
https://www.brightlocal.com/research/local-consumer-review-survey/
https://animoto.com/blog/business/small-business-video-infographic
https://www.emarketer.com/content/for-online-shoppers-photos-can-influence-a-purchase
https://news.shopify.com/shopify-announces-first-quarter-2020-financial-results

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Do not interpret any information in this video as specific business or financial advice to your situation. This content is provided for general information only. Never invest in anything you don't understand, and invest responsibly. The information in this video may be outdated at the time it is watched. It is not intended to amount to advice on which you should rely and does not create a client relationship. There is no promise or guarantee of success. Many online businesses fail because, like any business, it requires hard work, skill, and dedication. Daniella.io does not provide legal, financial, business or tax advice. For legal, financial, business, or tax advice, and making business decisions, please consult a licensed professional in your jurisdiction. Learn more here: https://daniella.io/privacy-policy/

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