Find Best Ecommerce Trends for 2021
The
eCommerce business is constantly changing so we decided to explore the best
eCommerce trends for 2021. The covid-19 epidemic has forced the immediate sale
from physical channels to digital / eCommerce channels.
If you
are selling on Amazon or elsewhere in the Marketplace it
is important that you always know what consumers want, as well as new
technologies that will help you grow your business.
Personalization
To
better compete with markets and large retail markets, products also explore
rich, customized experiences. Branding your product has now become a priority
for long-term customer relationships as acquisition costs go up, as well as
uncertainty in digital advertising.
It is
worth mentioning that customization is available in B2C and B2B. Creating
personal experiences on your platforms and marketing materials has a positive
impact on revenue. According to a BCG study, retailers offering higher interest
rates had a 25% revenue increase.
Mobile Shopping & Mobile
Payments
Mobile
phone sales have been on the rise ever since the advent of smartphones. It is
estimated that 4 out of 5 Americans shop online and more than 50% of them do so
using a mobile phone. In Europe, these numbers are very high - 64% of Europeans
shop online and 55% do it on mobile devices and the trend could remain hot by
2021 for at least two reasons.
Firstly,
the average USA uses a smartphone for more than four hours a day and secondly, eCommerce businesses do their best to make apps and
websites easy to use so that their clients get the best mobile information.
Both
tech giants and emerging eCommerce businesses are doing their best to improve
user experience and simplify mobile payments, including the use of e-wallets.
Chatbots: a new way to communicate
with your customers
By 2025,
the global chatbot market is expected to generate more than $ 1 billion. And
eCommerce represents the biggest part of this.
Chatbots
will continue to be one of the major eCommerce trends until 2021. The global
chatbot market has achieved a significant annual growth rate of 24.3% Compound.
45% of end-users view chat conversations as their primary options for customer
service queries.
Voice Commerce
Voice
assistants like Apple's Siri, Amazon's Alexa, and Google's Assistant are
growing in popularity. It is expected that there will be eight billion devices
with voice assistants (including smartphones) by the year 2023. In fact, voice
buying is expected to grow to 40 billion by 2022.
As homes
receive smart speakers, people rely heavily on the help of the voice to
complete daily tasks. As people order food or search for products with the help
of voice this creates an opportunity for ecommerce businesses in terms of
keywords and content.
However,
having a keyword on your site does not mean that you are guaranteed to be
found. Voice Search is similar to all other AI-hosted hosting - and the main
purpose is to present more user-friendly content.
However,
it seems that both large and small eCommerce players still do not understand
their potential - only 11% of US smart speakers use them to buy products.
Market and sell your products in
multiple channels
In 2021
it is not enough to just list your product on your website. Being present where
your customers are will increase your chances of creating that important
connection.
You are
probably already connected to the Google Merchant Center to advertise your products
in Google Shopping - but there are many other channels you can explore.
While
connecting to a single channel may seem straightforward - you may not be
sending the best information for that channel. If you want to connect to
multiple channels things can quickly get complicated with different formats and
different data requirements for each channel. This is where product feed
management tools are most important.
A
product feed management platform like LeapFeed can take your product data to a
single feed - ensures it is sufficient enough, or even upgrades, modifies, or
modifies your data, before sending it to your desired channels.
If you
own a real store, or several stores, in addition to your online store, you
should also make sure you are connected to Google Local Inventory Ads.
The Rise of Virtual Reality
VR, also
known as computer-generated reality, makes us feel like we are in an artificial
environment. Virtual reality will give your customers a more personalized
shopping experience.
Considering
the fact that Amazon alone has 200 VR headsets, as well as 450 startups,
defined as VR technology companies in AngelList, VR and AR is a real ecommerce
opportunity. For example, users can ‘visit’ visual exhibitions and visualize
products in real life.
Conclusion
Businesses
should use their digital conversion strategy. Finding potential buyers for your
site does not always g uarantee
conversion. As many products compete with the same eyes, understanding how you
behave with your customer and your styles is also important, finding a fresh
and improved product feed is important.
Comments