Top 5 Technology Trends for E-commerce in 2018

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Top 5 Technology Trends for E-commerce in 2018

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It’s already half of 2018, and the IoT have witnessed dramatic changes. Technological development on every sphere is creating new opportunities. The marketers are of course looking for more ROI. According to Statista, “global e-commerce sales are expected to increase 246.15% by 2021, from 1.3 trillion in 2014 to 4.5 trillion 2021. – PowerPoint PPT presentation

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Title: Top 5 Technology Trends for E-commerce in 2018


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Top 5 Technology Trends for E-commerce in 2018
  • Its already half of 2018, and the IoT have
    witnessed dramatic changes. Technological
    development on every sphere is creating new
    opportunities. The marketers are of course
    looking for more ROI. According to Statista,
    global e-commerce sales are expected to increase
    246.15 by 2021, from 1.3 trillion in 2014 to
    4.5 trillion 2021.
  • The e-commerce industry is growing steadily and
    it has utilized the technology smartly to get
    the right output. Here we are talking about the
    technology trends over E-commerce platform which
    is not only making shopping interesting but
    offering great results to marketers.
  • Augmented Reality and Virtual Reality
  • As e-commerce grows, the option of visually
    testing out products before buying is an amazing
    concept. For example, try in 3D options for
    glasses or decorating ones own house space as a
    demo. This innovation is fantastic and the AR is
    making consumers to buy more products. With the
    help of machine learning technologies, product
    recommendations are also likely to be more
    accurate and helpful.
  • Chatbots for Online Purchasing
  • Chatbots are doing pretty well. E-commerce
    industry has taken it to the new level. Chatbot
    development is little tricky, it needs constant
    upgradation. The recent example is the Dominos
    use of messenger bot which interacts and shows
    the full menu for fast and easy ordering.
    Creating chatbot for business is still an open
    field and e-commerce

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  • businesses should grab this technology to see the
    real difference.
  • Voice Search- as one of the leading drivers
  • As Amazon Alexa skills, Siri and Google assistant
    grow in popularity, voice search is now one of
    the preferred methods of search. It is one of the
    leading drivers of technology in the e-commerce
    space. It is found that 40 of millennials are
    already using voice search before making an
    online order. So, it is important to optimize
    your business for voice search.
  • Image Search
  • Imagine you have seen a wine bottle in the market
    but you wish to get a discount on that. So, you
    get a picture of it and use Vivino app to find
    similar products for a better deal. The product
    scanning apps are gaining popularity and it is a
    great deal for e- commerce industry to utilize
    it. Its also estimated that image and voice
    search will make up 50 of all the searches by
    2020.
  • High-Quality Product Videos
  • The online customers generally have a lot of
    queries related to the product. Any e- commerce
    portal needs to answer all the queries digitally
    and a video is the best way
  • for that. A high-quality video related to
    products design and functionality is a good way
    to allure the buyers.
  • We are already seeing these trends influencing
    the market and no doubt it will grow in the
    coming years. However, when you are planning
    online business make sure you get the help of
    advanced technologies for better ROI.
  • We at Sphinx are continuously working on
    e-commerce, Amazon Alexa skill, blockchain and
    ICO services development. We are turning ideas
    into reality by providing end-to-end IT
    solutions. We support businesses to grow and get
    the best results. If you have any query, feel
    free to get in touch.

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