Title: 6 eCommerce Trends That Will Impact Your Data Strategy in 2022
16 eCommerce Trends That Will Impact Your Data
Strategy in 2022
Its a great time to be an eCommerce business. In
2021, there were 900 million more digital buyers
than there was the year before. By 2022,
eCommerce is expected to account for 5.42
trillion in sales with volume continuing to grow
by 15 through 2023. In fact, by 2040, 95 of all
purchases are projected to be made online.
Shoppers love eCommerce for its convenience,
personalization, purchase options, and customer
experiences. Online shopping has leveled the
business playing field and allowed even smaller
companies to compete confidently with larger
competitors. Of course, this doesn't mean that
eCommerce success is easy. To succeed, online
businesses must be aware of the trends that will
drive the channel in the coming years.
2- Zero-Party Data Will Drive Personalization in
eCommerce - In April 2021, Apple allowed users to opt out of
data tracking on its iOS 14.5 with a new App
Tracking Transparency feature. Following this
launch, Facebook lost access to lots of valuable
user behavior data. Consequently, many eCommerce
brands saw a massive decrease in the
effectiveness, reach, and profitability of
targeted Facebook ads. - In 2022, eCommerce brands that want to continue
advertising on Facebook will adapt to these
changes. They will collect "zero-party data,"
i.e., data directly from customers, and then use
it for personalized marketing and ad targeting. - To collect zero-party data, brands will
- Run surveys
- Entice customers with quizzes
- Add conversational pop-ups in email and SMS
marketing - Do more to attract new people to their website
- Send product recommendations via email marketing
- As more customers become more privacy-conscious,
eCommerce firms that respect these developments
will succeed. - Chatbots Will Make Online Shopping Easier
- In the coming years, more brands will add
chatbots to their shopping pages to communicate
with shoppers via a live chat interface. Chatbots
will also help businesses to reduce costs by
over 8 billion per year by 2022. - Well-designed, well-trained, on-brand chatbots
will converse with shoppers in a human-like
manner to - Provide 24/7 instantaneous customer service
- Lead shoppers to the right pages
- Seamlessly guide customers during the shopping
process
3- Self-learning chatbots and chatbots based upon
Natural Language Processing (NLP) will play an
increasingly important role in how customers
communicate with eCommerce businesses and how
these businesses ultimately retain their
customers. - Chatbot technology will also empower top
eCommerce companies in India to deliver
personalized service and experiences, which 80
of customers are already expecting. To enable
this, eCommerce companies will need to have a
strong product data strategy. - Voice Shopping Will Become More Prevalent
- In 2023, voice eCommerce sales are expected to
reach 19.4 billion, and 50 of searches will be
voice-driven by 2022. That's why many eCommerce
brands will offer voice-based shopping. Voice
search and conversational shopping will enable
customers to find what they need and complete
their purchases with minimal hassle. - These features will enable eCommerce companies to
help customers in real time by - Providing personalized recommendations
- Supporting them throughout their buying journey
- Delivering frictionless experiences every time
they shop online - Chatbots and voice bots will enable eCommerce
firms to provide omnichannel customer
experiences, another trend that will continue in
2022 and beyond. - Augmented Reality Will Attract Both New and
Repeat Buyers - Augmented Reality (AR) is fast evolving into a
competitive differentiator in eCommerce. With AR
features like product builders, product
visualizers, and 3D mapping, shoppers can use
their smartphones or other digital devices to
"see" a product in their own environment for a
more immersive and engaging product experience.
These experiences can create an emotional
connection between a shopper and a product and
ultimately help companies win sales
4- with new customers and then keep them coming back
for that same rewarding shopping experience. - For instance, they can see what a piece of
furniture will look like in their own living
room. Or they can virtually "try on" new clothes
or jewelry before making a purchase. These
product merchandising methods will help eCommerce
businesses attract and retain more customers and
grow their sales and profits in 2022. - Mobile and Social Commerce Will Drive eCommerce
Growth - In 2020, mobile commerce sales in the U.S. grew
by 41.4. Between 2021 and 2025, annual sales
are projected to double. As a result, many
eCommerce brands are placing mobile commerce at
the center of their strategies. - To build a stronger relationship with mobile
shoppers, eCommerce brands will - Engage more with mobile-first platforms like
social media - Leverage more influencer platforms
- Build mobile customer experiences to increase
engagement - Create mobile-optimized websites and eCommerce
apps - Include features like push notifications, SMS
marketing, and mobile-ready email content to
guide shoppers throughout their buying journey - Offer GPS-enabled mobile shopping experiences to
augment in-store experiences - Social Commerce will also be a big trend.
Millions of shoppers already use social media to
shop for new products, check reviews, and ask
online communities for purchase suggestions. As
a result, eCommerce brands will be actively
selling through social media, which is why social
commerce sales are expected to reach 79.6
billion by 2025. - In addition to spending advertising dollars on
social media branding campaigns, eCommerce
brands will - Encourage and share user-generated content to
engage followers and build customer communities - Partner with influencers to expand their reach to
new customers
5- Use Livestream shopping to showcase new products
- Leverage targeted advertising for sales events
and to incent repeat purchases - Omnichannel Customer Experiences Will Become a
Strategic Priority - Omnichannel customer experiences, a key priority
for many businesses in 2022, will help eCommerce
brands to deliver more personalized and
coordinated shopping experiences for their
customers. Focusing on omnichannel experiences
should - Push marketers to create and deliver coordinated
content across channels - Drive measurement of online and offline marketing
and sales efforts across various devices and
channels - Highlight the need to integrate data from across
multiple channels to improve overall conversion
rates and sales volume - Enable companies to provide personalized recommend
ations and tailored customer service to improve
both sales and customer loyalty - Conclusion
- The world is now shopping online. In the coming
years, customers will continue to demand
seamless online shopping experiences, digital
features, and personalized service. If you are
an eCommerce company, there are some key trends
that will shape the future of your business.
Preparing your company to capitalize on those
trends and customers' changing expectations will
help your business succeed in the future. - EnFuse Solutions offers numerous eCommerce
services to help clients achieve higher
conversion rates by delivering engaging digital
experiences and reducing friction in the online
shopping and buying process. Contact Us to learn
how we can help you succeed. - Read More 10 Best Practices for eCommerce
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