If you are looking forward to the coming five years, you should take note of some important trends in e-commerce. klikk på bildet for å åpne i full størrelse are likely to change the way we do business and ultimately, the future of retail. Artificial intelligence, Blockchain, Automated shipping vehicles, and Mobile e-commerce will all drastically alter the way we do business. Read on to find out more. We’ve also gathered some interesting stats on these trends and what we can expect from them.
Artificial intelligence is a game-changer
AI is a powerful technology that will help e-commerce companies solve two of their biggest problems: fake reviews and credit card fraud. By using this technology to detect fake reviews, E-Commerce companies can significantly reduce credit card fraud. In addition, customers are increasingly turning to reviews for products before making a purchase. AI will help companies identify fake reviews, which can reduce the number of fraudulent transactions and encourage shoppers to buy products. Despite the challenges of the e-commerce industry, AI is already making waves in other sectors.
Mobile e-commerce
The growth of mobile devices is a significant factor in changing how e-commerce is done. Customers can now buy anything at any time, from the comfort of their home to the convenience of a shopping cart while on the go. The future of mobile e-commerce looks bright. This industry is expected to reach US $254 billion in five years and will grow at a 14% CAGR. The growth will be driven by an increased consumer reliance on mobile devices for everyday tasks.
Cryptocurrency
There is still a lot to learn about cryptocurrency, and how it will impact the e-commerce industry. While cryptocurrency is largely unregulated, it is expected to significantly alter the way people interact with money. This is why it is important for e-commerce brands to understand its benefits and drawbacks before incorporating them into their online business. The first step in incorporating cryptocurrency into your business is to understand its risks.
Automated shipping vehicles
Autonomous vehicles have the potential to make shipping easier and faster. Automated shipping vehicles can handle a variety of different volume tasks without the need for human involvement. One of the most impressive automated shipping vehicles is the drone. Amazon has already invested in a drone delivery system and it is possible to have an order delivered to your doorstep within hours. However, these new vehicles need extensive software programs and sensors. This will require many trials before a commercial fleet can be rolled out.