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eCommerce: Statistics, Platforms and Trends

Ecommerce Website Development and Design: Statistics, Platforms and Trends https://bit.ly/3cydPj9<br>

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eCommerce: Statistics, Platforms and Trends

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  1. Ecommerce: Statistics, Platforms and Trends

  2. eCommerce companies can gain a strategic advantage to compete in the 2020 marketplace by focusing on the essential factors that play a crucial role in eCommerce development. Due to advances in technology, ecommerce companies can track and measure every action driven by campaigns, and provide a connection to the right source, allowing brands to minimize risk, increase ROI, reduce cost and accurately identify which initiatives are performing well and which are not. Looking ahead, projected growth in digital technologies – from connected devices, wearables, and virtual reality to 3-D printing and advanced machine learning – will empower consumers to seek even greater control along the path to purchase.

  3. eCommerce Statistics: Current and Future Statistics indicate around a total of 258.9 million digital buyers in the United States in 2018 with an expected increase of over 307 million buyers in 2023, reaching 79.2 and 90.8 percent of U.S. internet users respectively. Global eCommerce sales in the retail industry are expected to reach $4.5 trillion by 2021. The year 2020 is likely to witness B2B eCommerce sales outpace B2C eCommerce sales. (HubSpot, 2018) 92 billion – the estimated number of global digital buyers in 2019. It’s expected to reach 2.14 billion by 2021. (Statista) 67% of millennials prefer online over in-store shopping due to convenience. (BigCommerce, 2017) By the year 2040, it’s estimated that 95% of all purchases will be through eCommerce. (Nasdaq)

  4. Latest trend of eCommerce development ● ● ● ● ● ● ● ● ● ● ● ● Augmented reality enhances the reality of online shopping There will be a growing volume of voice search AI helps shops learn about shoppers On-site personalization uses those insights to create individualized experiences Big data plays a big role in creating personalized experiences Chatbots improve shopping experiences Mobile shopping is still on the move More ways to pay Headless and API-driven ecommerce Customers respond to video Subscriptions keep customers coming back Sustainability is becoming more important.

  5. Ecommerce Platforms ● ● ● ● ● ● ● ● ● ● ● Shopify BigCommerce Magento Hidden Brains eCommerce Solutions Hidden Brains eCommerce Multi Vendor Marketplace WooCommerce Squarespace Wix Big Cartel Salesforce Commerce Cloud (Demandware) Volusion

  6. The ecommerce development landscape is changing at a rapid pace and it is important to ensure your site stays updated. Do you looking for eCommerce solutions for your business? Get in touch with leading eCommerce Solutions provider company - Hidden Brains. Website: www.hiddenbrains.com Email: biz@hiddenbrains.com Skype: hiddenbrains INDIA: +91-989-802-1433 USA: +1-323-908-3492

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