Are you the one who has been always fascinating with the emerging trends of an eCommerce business? If yes, This article is definitely for you. We are going to walk you through the latest development and the timeline of the eCommerce business growth.
Being a business person it is important to know how the eCommerce platforms are shaping the World. There is no doubt that E-commerce businesses have shown tremendous growth in the last 5-6 years with the rise of information technology and developed internet infrastructure.
It is estimated that global eCommerce sales have amounted to nearly 3.5 trillion dollars worldwide in 2019 and then continued to rise at the average annual growth rate of 25%. This is huge growth and this makes the digital business different from the old-fashioned offline business.
The Future of Ecommerce + Trends 2022
Personalized E-Commerce Market:
E-Commerce companies are constantly improving the personalized shopping experience for the user. Personalization is the key to success in the eCommerce space. Personalized E-commerce helps every individual to get a unique experience based on geography, searching history, past behavior, etc. The better the connection, the better the user engagement. Adding up the personalized experience to the marketing campaigns is an easy way to start customer relationships and start the journey of Sales Growth.
Shopping Experience:
Consumers want convenience at every point of touch with their eCommerce Application. They want a brand that conveys value in a personalized way to the user. The E-commerce industry is now moving towards the creation of more focused, relevant, and helpful content that drives user engagement. The shopping experience at the product viewing page, adding to the cart to the payment process everything needs to be flawless and at users’ convenience.
eCommerce Automation:
E-Commerce automation stretches from marketing automation to eCommerce Application automation to warehousing automation and beyond. At every stage, each part can be automated to an extent. This trend is helping the businesses with the efficient use of employees’ time and allocates the resources for more important work. The large businesses that require large warehouses are investing in robotics to make the fulfillment process more efficient.
E-Commerce in B2B:
E-Commerce is no longer limited to B2C the B2B eCommerce sales growth is predicted to grow to $6.6 trillion this year. This growing trend is helping businesses for buying software, products, and services for their workforce. eCommerce B2B is a booming industry that is led by SaaS and technology companies. B2B eCommerce has made the business operate at its ease. B2B Companies are allocating more and more budget to B2B purchases every year.
AI and Chatbots:
The Implementation of AI and chatbots to the eCommerce business helps customers achieve their goals anytime they visit your eCommerce platform. Chatbots are constantly evolving to resolve user queries. This becomes ideal especially when the business is operated in many countries but doesn’t have the required resources.
A2 Consulting LLC offers a complete eCommerce solution to your business. Ensuring a flawless eCommerce business environment is our top priority for all projects. Our Team has Expertise in building stellar eCommerce web Apps, mobile Applications and set up marketing campaigns that help in scaling the growth of the business. Contact Us Now to start a project with us.