The Future Of e-commerce Business: A Complete And Thorough Overview

Written by neatly.io on 5th June 2018

E commerce is the process of buying and selling between the merchant and the customer through an electronic medium. It is an environment that is constantly changing and upgrading as technologies evolve and companies are competing for a larger customer base and share. Without doubt, a variety of ongoing developments are feeding into the overall growth of the e-commerce sector. Business are exploring ways to provide a better customer service before, during and after purchase. This article will tell you what the future of e commerce holds –

1. E COMMERCE DELIVERY DRONES –
Drones will in the future allow companies to deliver packages much more efficiently and quickly. Drones will be sent out from distribution centres and carry the packages to the mentioned address which will save time and cost as well. This could be possibility in the near future.

2. E COMMERCE TRACKING INTO RETAIL STORES –
There will be less barrier between the retail stores and e commerce as the future relies on online shopping as compared to usual retail stores. Companies are already looking at ways of tying together online tracking and customer information with their real-world experience. This will customise the shopping experience offering greater personalisation of relationship both offline and online between the customer and companies.

3. E COMMERCE CURATION –
People don’t want to buy generic products anymore, they will be more interested in curated products where they can get product knowledge and expertise with a great shopping experience. People will get the products by just a click but it will be a great experience when there will be someone to assist them and get a thorough product knowledge before buying the product.

4. E COMMERCE AI SYSTEMS –
The next step for ecommerce will be the application of AI systems, running evolutionary algorithms designed to find the absolute optimum. The upshot for those running ecommerce businesses is to embrace these processes as soon as viable. Where the major players go, smaller retailers follow, and it won’t be long before a proliferation of AI-driven systems improves the capabilities of the ecommerce industry even further. By developing systems using these algorithms, which are designed to effectively test, optimise and repeat on loop, ecommerce will move into an even higher level of sophistication as this technology improves.

For making the e commerce website reach to a wide range of customers the websites need to be revamped this is where the need for ecommerce website design comes to play and the demand for the magento developers is already increasing.

Junaid Ali Qureshi is leader/representative/frontrunner of an expert magento development team and an experienced digital marketing specialist dedicated to develop intuitive, well crafted, smart websites having blistering opening on search engine(s) making time and money worthwhile. His current ventures include magentodevelopers.online , Progostech, Elephantation, eLabelz, Smart Leads.ae, Progos Tech and eCig.


Also published on Medium.