iBankCoin
Joined Dec 27, 2015
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How These E Commerce Trends Could Affect Your Business

Entrepreneurs know how important it is to keep up with the latest trends. These trends reflect consumer interests and how they are making purchasing. Those companies who are not staying updated with relevant research are likely to be outstripped by the competition.

The User Experience

Consumers tend to make purchases indirectly. They are not interested in watching a product advertisement. Give them something they want. This will contribute to brand repetition. When your audience needs a product from your industry, you will already be on their mind. Marketers refer to this as inbound marketing.

There are a few ways to accomplish this. Some marketers advise implementing games. Of course, users have a high expectation for video games since there are so many high-quality platforms. Another option is to write blog posts. Draw consumers to your website with information. Depending on your industry, you could hit on emotional themes throughout your blog. If you write about something related to the home or family, that could create emotional avenues.

Further, if you are focusing on the user experience, you will have to ask who the user is. If you are targeting millennials, the user experience will be a little different than if you were targeting an older generation. Millennials typically have a short attention span. They are going to leave your site if it loads too slowly or if there are big blocks of text.

Shoppable Videos

Consumers are generally more likely to watch a short video than read a short article. They do not require as much intellectual energy. Shoppable videos are in their infancy, but many predict expansion within the next few years. There might be PayPal checkouts within a video. It is difficult to anticipate exactly what this technology will look like, but it will be there.

Data

Data is obviously not a new trend. But the way businesses collect and interpret data is changing. There is technology known as a low-code platform. It categorizes all of the information relevant to your business so you can decide your future. Many platforms such as cloud foundry Kafka have capabilities that better help you improve your business strategy, market research, predictive analysis, portfolio management and much more. Since many of your competitors are using this technology, you will need it if you do not want to be left behind.

Collecting Information

When users purchase your product or play a game that you created, you should require some contact information. Of course, many will get impatient if there is a long form. You should just request their email addresses and names. Email addresses are more lucrative than you might think. Many entrepreneurs gather them to create newsletters. A newsletter will be a direct line of communication between you and your audience. This will be important if something ever happens to your social media accounts.

Mobile Commerce

Mobile browsing has actually overtaken desktop browsing in recent years. This has led many entrepreneurs to develop ecommerce stores that are compatible with the smartphone. However, some have noticed that there are not a lot of mobile conversions. That statistic might be a little misleading. Many consumers feel more comfortable making a purchase from a computer. People typically have both a smartphone and a laptop. You should optimize for mobile and do not be discouraged if you are seeing unbalanced conversions.

Develop Customer Loyalty

Consumers are not as interested in discounts as they used to be. Today, they are more compelled by useful technology and responsive websites. Further, many consumers will give their business to companies who share their values. Follow social trends and write about non-controversial issues. This will show your audience that you are more than a corporate entity.

It would have been difficult to predict how much the digital era has changed marketing. But it has a lot of potential. You can get the most out of it by following the trends and adapting your methods accordingly.

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