2017 has been a great year for e-commerce retail websites, in terms of monetary growth and introduction of fresh concepts. As we enter into 2018, there will be new approach and trends dominating the e-commerce world. New technologies, SEO prospects and other aspects will be certainly dominating the e-commerce retail.
E-commerce sites need to adopt this change and work to bring the best result. Let us now check some of the big trends to watch for in e-commerce retail business:
1) Big Data and Analytics getting Sharper:
There is no doubt that big data and analytics have changed the face of every sector. It has certainly replaced the old methods of working and analyzing the growth of the business. Both will help in assessing the customers’ demand; understand customer experience and other aspects.
2) Mobile Usage:
The use of mobile for online shopping will certainly see a huge spike. Today, every 3 out of 5 people owns a smartphone and online shopping has become a trend. More than 50% of e-commerce sales take place through the smartphone. According to the reports from Goldman Sachs, the global revenue share from mobile e-commerce will be more than $626 billion.
3) Supply Chain Management will witness big change:
A supply chain is the most important aspect of e-commerce industry and in 2018, there will be more improvement. Automation, Data Sharing, and Customer-Centric will be three most advanced factors that will increase the prospect.
4) Micro-Moments Marketing taking over:
Micro-moments are touch points which customers research about the product. With the use of the device like- Think with Google, Micro-moments will be the hottest trend in 2018 for e-commerce. I want to know moments, I want to go moments, I want to do and I want to buy moments.
Value4Brand is a leading Online Reputation Management and Digital Marketing company in New Delhi, India. With the team of Best Digital Marketing professionals, Value4Brand help the companies to build, repair, manage and promote their brand globally which help to meet the client’s revenue requirements. We provide tailor-made solutions to the clients after analyzing their needs and requirements. Value4Brand strongly believes in client’s satisfaction by providing the quality results.