AI helps retailers create highly personalized store experiences, fight fraud, and accurately predict demand. Let’s explore the practical ways AI is transforming the retail industry in this blog!
This article is about a few educated guesses on what will be critical to e-commerce in 2022, along with some advice on how to prepare your brand or company.
Digital commerce is not the same as commerce of digital goods. On the Metaverse, the line between physical and digital goods is blurry. NFTs are a good example.
With the basic idea that the metaverse will be a virtual world alongside and complementing our physical world, it follows that eCommerce will be part and parcel of the metaverse. After all, we buy sell things in the “real” world, so why not the metaverse? And you can be sure a company like Meta (née Facebook) wouldn’t be investing so heavily and so publicly in the metaverse if there wasn’t a buck in it.
Launching an e-commerce business is a rather complicated activity, especially for beginners. How to make people buy on your website, not any other? The answer is in thorough planning and management of e-commerce.
The tragedy of e-commerce can be measured in percentage: 75.8% (almost 8 out of 10) of online shopping carts are abandoned without the purchase being completed. Deficient checkout processes are often singled out as the main cause, but many other problems faced by e-commerce consumers could be behind it. Here is 7 prominent hurdles that customers face while shopping on the web.
The shopping trends of COVID-19, namely a shift to online commerce, are likely to persist well after the pandemic is behind us. One way brands can adapt to the evolving eCommerce landscape is by embracing novel technologies such as 3D and augmented reality which have a number of benefits for shoppers and businesses alike. As a result of the shift to online sales, it is important for brands to direct their efforts and spending to create the best eCommerce experience possible with 3D & AR.