For many people today, the e-commerce and m-commerce industry is their primary business concern. And it’s easy to see why: they are now among the most powerful global industries.
Having the power to buy goods from across the world and have them delivered to your home is a powerful thing. As is the ability to do so using a mobile
However, one thing to remember is that this industry never stands still: what, then, are some of the biggest future predicted trends?
Less desktop, more mobile
While it might seem like a total transformation too soon, we’re moving away from the desktop industry.
While there will likely still be a place for the humble desktop in the years to come, it’s no longer seen as the prevalent form of computing.
So, we can expect people to start doing more work on their mobile devices.
From making buying decisions to running their entire business, we can soon expect to see a major change in the way that we manage our day-to-day purchasing decisions.
And it’s easy to see why: tools like e-commerce and m-commerce offer us power far outside of our normal grasp. For this reason, we recommend that you get used to the idea that the desktop PC might not be around forever.
With the changes to the commerce scene, their importance is slowly but surely beginning to fade out of existence.
Another major change that is going to be seen in the near future is that of location technologies.
From being able to track your parcels in real-time to making sure you can get location-targeted marketing, we are going to see much more importance put on the use of location technologies.
Some, though, are naturally wary of such a move. Giving corporations access to our real-time whereabouts is not something that everyone will feel comfortable with.
While you might not like the growth of this particular trend, it’s becoming: location technologies are going to become mainstream.
Getting over that issue is going to take a lot of work. For this reason, we recommend that you spend some more time looking at the kind of location technologies that you would be comfortable using.
Since they are going to keep growing in importance, you might as well get used to them!
According to research from Signal boosters, mobile commerce is set to outgrow any other form of commerce.
It’s growing at such an incredible pace that it would be hard to ever really put the breaks on and stop now.
With more companies running their businesses through the more affordable online medium, expect more people to turn to mobile devices to reciprocate.
More importantly, you will find that the growth is going to come down to the growing number of people who own a mobile device. This has become a common part of the mobile commerce
The more people that you can get access to on their mobile devices, the greater the chances of making a sale will be.
No longer just a niche object for the 1%, mobile commerce is set to absolutely take off.
Increased fulfillment options
One of the other big changes which
At the moment, when you buy something online, you might find yourself waiting a couple of weeks for it to arrive. Buy from the other side of the world, and it could be well longer than a month before your product arrives.
If that sounds like a worrisome issue for you, then we recommend that you spend some time looking at the increasing
E-commerce and m-commerce sites will soon be able to rely upon much more effective and reliable fulfillment solutions as they become more popular across the board.
This is very important, and is going to play a major role in making sure that you can continue to see the kind of growth that you would have expected, making purchases arrive even sooner.
Emerging Market Potential
Another spot of obvious growth for the market is going to stem from the rise of emerging markets.
When everything was kept in this basic and dreary offline platform, it was easier to keep the smaller nations and less well-off countries out of the pictures.
Today, people from all manner of emerging markets will be able to finally make a name for themselves online.
More importantly, we can expect to see more niches and platforms emerge which would never have built a strong local following.
People with more unique ideas and offerings will soon find that mobile and electronic commerce is changing the way in which they can sell their more unique goods.
This is one of the reasons why excitement about emerging market growth is so extensive.
Emerging markets have vast, rich potential: it falls upon you to make sure you capitalize on those potential offers.
B2B Data Challenges
The business to business (B2B) industry is huge, with many businesses helping other business owners to sell to their own customers.
However, one of the big changes is going to come more or less from the development of new data protection regulations and challenges.
Today, you will be much more likely to have to keep data secure and safe from prying eyes thanks to developments like the new General Data Protection Regulation (GDPR) platform from the EU.
Data challenges are going to become commonplace, and will need a lot more analysis, security and protection than previously.
Here’s an infographic by Signal Boosters presenting the emerging e-commerce and m-commerce trends:
If you are going to start making your way into the challenging world of e-commerce or m-commerce, then you can expect some or all of the points above to play a part in your growth.
If you are unsure about what to expect as you enter this lucrative new industry, consider the above.