It is common knowledge that the ecommerce industry is on a roll, with digital consumers purchasing more and more products online.
Thanks to the continuing growth of new technologies in the industry, more people are moving their shopping habits from the high street to ecommerce shops. This doesn’t apply to just global giants, like Amazon, as people are now willing to shop from smaller ecommerce stores that are lesser known in the industry.
Despite some futuristic advances, such as drone delivery and product suggestions based on past shopping habits, it is likely that ecommerce is still in the very early stages of development.
Long term success in the industry starts with knowing the possible opportunities in the market and getting ahead of competitors when you have the chance.
The infographic is broken down into various trends that ecommerce businesses should be looking out for, including some real time stats about what consumers prefer and what they are expecting in the future. Each trend also comes with a case study of brands that have already started using these trends.
Statista predicts that mobile commerce will make up as much as 70.4% of total ecommerce revenue by 2020.
An example of this is the case study from Kada that showed an increase in sales by 120% by implementing mobile ecommerce into its business strategy. Additionally, Walmart’s mobile ecommerce site increased sales by 98% as a result of mobile site optimization and design.
Take a look at this infographic from Subscriptionly.net for more facts and trends in the ecommerce space.