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eCommerce Development Trends 2021

The eCommerce industry is at the cusp of change and consistently evolving. It is important for eCommerce companies to stay updated with the latest trends. https://bit.ly/2UqHEe1

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eCommerce Development Trends 2021

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  1. eCommerce Development Trends By: Hidden Brains Infotech : Web & Mobile App Development Company

  2. eCommerce development need to be completely user-centric geared to offer customers the best online shopping experience. It is important to incorporate ecommerce development best practices to meet the needs of customers. Companies are scrambling to adjust to the world that is getting borderless with markets opening up across different geographies. It is important to partner with a leading eCommerce website development company to get benefits from the latest trends. COVID-19 has made the biggest impact on ecommerce. Due to lockdown, several stores were shut for people. However, due to the crisis, online shopping came to the rescue of people looking to buy essential items or groceries. People have now accepted online shopping as the way of living.

  3. eCommerce Development Trends Voice Assistant: Voice-enabled technology is fast becoming the buzzword for ecommerce. Come 2021, voice assistants are slated to become the future of online shopping. Voice commerce uses voice recognition technology to facilitate buying of goods and services. It eliminates customers to make purchases through voice commands instead of typing out keywords. The buying process encompasses searching through a microphone, with which customers search and buy online with the help of a virtual digital assistant (VDA) such as Google Assistant, Siri, or Amazon Alexa.

  4. Rise of Contactless Payment The rising expectations of consumers and the COVID-19 pandemic have seen a surge in the demand for contactless payment across the ecommerce industry. With the era of omnichannel ecommerce, voice-based smart devices are playing a critical role in facilitating contactless payment with speed and convenience. Contactless payments can be made through different modes (credit, debit cards, net-banking, UPI, wallets). Retailers need to integrate order management systems for effective inventory management from the backend. Here’s a breakdown: ● ● ● ● ● Grocery: 85% Pharmacy: 39% Retail: 38% Quick service restaurants (QSRs), fast food: 36% Transit: 9%

  5. Mobile Shopping: Major growth for ecommerce Mobile shopping will continue to strengthen its dominance and witness innovation. By 2021, 72.9 percent of all retail e-commerce is expected to be generated via m-commerce, a noticeable increase from 58.9 percent in 2017. There are several factors behind the growth of mobile shopping such as rapid proliferation of smartphones, increasing power of millenials and a significant growth of mobile-first economy. Headless Commerce Headless commerce empowers brands to build custom experiences that shoppers can’t get anywhere else and requires APIs to ensure coordinated and consistent experiences across any device, not just the standard screen.

  6. Payment Preferences It is essential to understand geography to make strategic decisions on the product-market. There are several questions to ask before you target global markets such as understanding the need for the product and validating demand, as well as providing the opportunity for your offerings within new areas. Equally important is understanding the potential of each targeted geographies. ● ● ● ● Understand market segment and define geographic areas Define the existing competition in the local market Define the market’s potential Anticipate market share and selling price

  7. Payment Preferences: When it comes to eCommerce, online payment options can be a big factor in buying decisions. However, it is often easily overlooked by many people. It is vital to take into consideration different aspects of buying habits. Without considering different factors, it might be not possible for companies to implement payment factors which might help the audience across the globe. While credit cards are number one, several digital payment systems like PayPal and Apple Pay are closing the gap. At the global scale, credit cards and those same digital payments also dominate.

  8. Conclusion The Ecommerce industry is at the cusp of change and consistently evolving. It is important for ecommerce companies to stay updated with the latest trends. While these trends are just a few, there are emerging trends creating a buzz in the ecommerce industry such as drones, facial recognition in stores, AI in customer sourcing and more. In such scenarios, it is important to understand your business needs and target audience.

  9. Do you looking for eCommerce website design and development? Get in touch with leading web app development 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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