The e-commerce industry has been growing fast in the recent years, and it shows no signs of slowing down at this point. However with the current unstable economic dynamics in certain segments of the market, we need to see how growth will evolve in 2023, average expected growthrate is about 5%. With technological advancements and changing consumer behaviors, e-commerce businesses must stay on top of the latest trends to remain competitive. In this blog, we’ll explore the top 10 e-commerce trends to watch in 2023.
If you are about to select an new ecommerce platform you should select the platform that meets the criteria in line with your business needs or better said that fits your business plan and organization.
Trends in ecommerce solutions are changing rapidly and moving more towards the affordable SAAS solutions however are the platforms ready for that move. If you look at the players in the market like Intershop, Demandware, Hybris, Oracle, Websphere, Prestashop, Magento and Drupel they are not getting closer in aligning with the market need in SAAS solutions, but rather continue the more expensive license models.
In today’s commerce world, we are used to click and buy behavior in a very competitive market, with quality customer experience. Also, retail and brand stores is still a part of our shopping arena, however what we have seen over time is that retail did not adapt or embrace E-Commerce quick enough. Since Virtual Reality Commerce is there, how will the brands and retail respond to this? If they don’t respond now they will miss the opportunity again the way it happened when E-Commerce was introduced. Continue reading “Virtual Reality Commerce the game changer in E-Commerce and the way we shop?”→
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