- Mobile will reign supreme
In the coming years, mobile will have more and more weight in eCommerce technology. The more people rely on their smartphones, the more chances for eCommerce to expand their audience as well as collect valuable data to inform their business plans. Mobile will also assure in an age of ever more convenience. Now people can simply use their phones to order products instead of going out. This will mean even more business opportunities for retail sites. Many eCommerce businesses will benefit from mobile dominance and if they make the right business decisions will achieve a lot of success.
- Apps and eWallet
An emerging trend that has swept the entire world in 2020 is the use of eWallet and mobile apps. These are services that are used for digital payment. In response to this emerging trend, traditional banks have released their versions of eWallets or have partnered with popular services to make that transition to mobile payment. Major cities have vastly adopted this form of transaction which proves that this trend is going to be universal. People will now have the convenience of paying for their online purchases instantly thanks to eWallet integration with some of the major online retail stores.
- Subscription services are here to stay
Subscript first came into public awareness when Netflix started their online streaming services. It quickly gained traction and pretty soon other industries followed. Now, it’s common for people to be subscribed to 2 or 3 services at a time. Spotify is a popular app for listening to music. Netflix, Amazon, and HBO all have their dedicated streaming service where original and leased contents are offered. For cloud storage, beastsellers review has featured the likes of Apple and Google. Subscription fees will soon spread to other industries and will completely replace monthly offline services.
- More personalization
The advent of the internet has made it possible for people to give platforms that were not available to them a decade ago. It is now possible to voice your concerns and opinions for the entire world to see and hear. This paved the way for individualism to thrive once more. With everything being documented and shared online, people don’t want to go for products that everyone has. They want variety and differentiation which is why services that offer personalization in their products have begun thriving. Whether it is getting a made-to-order coffee mug or offering a free monogram to shoes or bag, it is what people are clamoring to have.
- Augmented reality is coming
Many people think that the future is in virtual reality. But these same people fail to realize the challenges that VR faces. For one thing, it requires tremendous effort to build on visuals that VR can use. Even with so many VR sets coming out, there are still very limited products that make full use of the technology. This is where augmented reality will overtake VR. Augmented reality doesn’t need to recreate an entirely new world. It can make use of existing real-world elements and overlay the digital elements on top of it. The potential for AR is vast and all-encompassing.
