Ecommerce Trends 2017- Must See for Startups & Entrepnuers

T E C H N O L O G IE S

EcommerceTrends2017For

What’s NewEcommerce has come a long way since the 90s. From operational challenges

to scaling, Entrepreneurs have fought their way into the future.

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Still A ChallengePersists


The growing need to satisfy the demands of experience-hungry consumers

Are You Ready To EmbraceThe Latest Technology?

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TAKEAWAYThe upcoming and ongoing trends have great influence over modern-day customers, so you just can't ignore

them

Grab-And-Go Stores

Social Commerce

Drone Based Delivery

Virtual Reality


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As they say, the future is written in the present, the current e commerce ecosystem has already embraced most of the trends

IArtificialntelligence

Big Data

MobileCommerce

RecentInnovations


The Latest Ecommerce Trends

85%

of interactions with consumers will be handled without a human by 2020,

according to Gartner


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ntelligenceArtificialI

There are many players in the ecommerce ecosystem. To stand out online, you have to invest in advanced technologies like artificial intelligence.

improving the security of an ecommerce website

is beyond smart recommendations &A


is beyond smart recommendations &

TAKEAWAYProvide a rich personalized experience to users with

proper utilization of A

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Benefits


Product recommendations

Automated conversation

Better security

Improved customer service

48%

Companies invested in Big Data back in 2016, says Gartner


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Big Data

Big data can't be ignored, whether you plan to start a travel activity search website or already have a multi vendor ecommerce store.

Big data enables startup to be better and bigger by taking smarter decisions

TAKEAWAYUse big data to make better marketing strategies and gauge opportunities before their time frame ends


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Effective marketing campaigns

Lower shopping cart abandonment rate

Predict traffic and product demand

Result oriented business strategies

Benefits


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Billion mobile devices will be in use by 2020, according to IBM Big Data and

Analytics Hub.


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Mobile Commerce

Number of smartphone users exceed the number of desktop users globally. The rate of increase is even greater if we consider the number of users, who shop on their smartphones.

Mobile commerce is here to stay



Number of smartphone users exceed the number of desktop users globally. The rate of increase is even greater if we consider the number of users, who shop on their smartphones. TAKEAWAYIgnoring this trend could be

fatal amid brewing competition.


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Benefits

On-the-go access to an online store

Personalized shopping experience (iBeacons)

Helps bring more traffic

Ease of payment


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Recent Innovations

Walk into a local Amazon Go, grab the product you require and leave.

Highlights- Buyers’ Convenience, Quick Processing.

Highlights- Speedy delivery, Reduced Time/Efforts Consumption, Low Risk of Human Errors

An unmanned Aerial vehicle used to autonomously deliver products to customers doorstep.


Amazon Go

Drone-BasedDelivery

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Recent Innovations

Now you can offer realistic images, sounds and other sensation to customers using VR and offer experience as good as offline shops.

Highlights- Realistic simulation offers immersive experience, Reduced Return Rate, Helpful In Making Buying Decisions

Few years before social commerce came into being, selling on and selling through social media was a fantasy for e-commerce stores. But today, Facebook, Twitter, and Pinterest these social media platforms drive almost 87.5% visits to e-commerce stores.

Highlights- More engagement & More Visitors.


Virtual Reality

Social commerce

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The Road Ahead

The rate of advancement is accelerating as you read this sentence. To keep an edge over your competitors, you can either invest heavily in technology and innovation or choose a partner, who has rich experience in the ecommerce ecosystem.ecommerce ecosystem.


ContactIs ecommerce challenging? Share your query with us.

+1 832 548 5757

[email protected]

fatbit.com

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ADDRESSFATbit Technologies,268, Sector-82,JLPL Industrial Area,Mohali, Punjab, India


Ecommerce Trends 2017- Must See for Startups & Entrepnuers

Small Business & Entrepreneurship

Transcript of Ecommerce Trends 2017- Must See for Startups & Entrepnuers