Categories: Tips

5 Of The Top Ecommerce Innovations You Must Use

The ability to buy and sell products online has reached bigger proportions than ever before. E-commerce, as a sector, is massive and growing all the time and, as such, if you aim to compete, you need to have the following.

1. Voice Assistants and Chatbots

The ability to have a virtual assistant in your e-commerce store is a must for modern businesses. It’s about being able to communicate effectively with customers and potential clients when they are in the store and guiding them through it should they need help. Communication and marketing are also essential aspects of an effective e-commerce site, and the best way to do this cost-effectively and innovatively is to automate all communication.

2. Using Crypto for E-Commerce

The use of cryptocurrency is one of the easiest ways at the moment to reach the widest range and number of people possible. If you use a place, you will be able to gather as much information as you need as to which would be the best crypto to use. The exchange rate, recent transaction amounts, and ongoing volatility are all part and parcel of this info, and will be essential to determine which crypto to set up as your e-commerce currency of choice.

3. Personalized Product Suggestions

The ability to provide those who have shopped or browsed before a list of personalized product recommendations based on their previous shopping is now an essential element of the e-commerce experience. This has become a critical element of the customer experience and, as such, it is almost expected. You must ensure that you differentiate between spamming the client and providing a clear customer journey based on their previous preferences and choices.

4. Ecommerce Has Gone Social

The ability to buy and sell online is now a social interaction as e-commerce has moved onto social media. Influencers and digital marketing campaigns have flooded social media and the next logical step was to have the sales themselves happening directly through your social media. Social media marketing is now the norm and with this, the ability to then buy and even shop on social media was the logical next step.

5. Voice-Powered and Virtual Shopping

The technology now exists for you to be able to offer your customers the ability to shop using only their voice. Alternatively, the virtual dressing room and shopping mall are also an extension of the e-commerce site and a sign of where technology can take it.

These are the innovations that you need to consider as the basics if you aim to develop an e-commerce offering that makes it big. We live in an era where everything is shared, discussed, and compared online and on social media platforms. The bottom line is that, unless your e-commerce has the above mentioned suggestions, it will not survive. From crypto to personalized communication, customers and clients now demand these aspects from the places where they intend to shop. Therefore, it’s something that you must implement.

Sameer
Sameer is a writer, entrepreneur and investor. He is passionate about inspiring entrepreneurs and women in business, telling great startup stories, providing readers with actionable insights on startup fundraising, startup marketing and startup non-obviousnesses and generally ranting on things that he thinks should be ranting about all while hoping to impress upon them to bet on themselves (as entrepreneurs) and bet on others (as investors or potential board members or executives or managers) who are really betting on themselves but need the motivation of someone else’s endorsement to get there.

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