Tuesday, January 31, 2023
  • namastenewsline@gmail.com
Hello Namaste
Advertisement
  • Home
  • Articles
  • Business
  • Canada
  • Entertainment
  • Food
  • Global
  • Health
  • India
  • Lifestyle
  • Sports
  • Travel
Hello Namaste
No Result
View All Result
Home Business

How Technology Promotes E-commerce Business Growth

June 21, 2022
in Business, Global
How Technology Promotes E-commerce Business Growth

Shopping online concept - Parcel or Paper cartons with a shopping cart logo in a trolley on a laptop keyboard. Shopping service on The online web. offers home delivery. Photo: unsplash

Share on FacebookShare on Twitter

By May Sanders

Technology is the mainstay of e-commerce. It connects sellers and customers on mobile and web platforms. It facilitates customer order,Guest Posting delivery, return, and payment management in a fuss-free manner. Overall, technology plays a vital role throughout the e-commerce value chain in marketing, advertising, and other areas. Technology in eCommerce enables increased search, customization, and personalization. Nowadays, advanced technologies are making things easy for eCommerce players and reaching critical levels of prominence in the e-commerce value chain. As per e-commerce development reports from eMarketer research company, global e-commerce sales reached 4.1 trillion and 4.5 trillion U.S. dollars in 2020 and 2021, respectively. The same trend is likely to continue with expected growth of $5 trillion in 2022. Find information on the five emerging technologies that will influence e-commerce the most.

You might also like

Cobble Beach Celebrates 75 Years of Porsche

Wish you all a Happy Lunar New Year

Hot Wheels joins the 2023 #AutoShow

Technology in eCommerce:
The retail sector has witnessed tremendous changes in the last decade. The e-commerce potential is undeniable. It helps many businesses and boosts economies at the global level. The vital advent of advanced technologies has bolstered e-commerce companies digitally. Digital commerce growth is an indispensable part of modern lives. With more and more people embracing digital technologies, eCommerce companies rely on innovative technologies to catch their customers and create distinguished experiences online.

This blog highlights how emerging technologies promote e-commerce business growth vehemently. Look at a few new technologies used in eCommerce that are likely to accelerate the growth and connect more people with higher consumer interest.

Artificial Intelligence & E-commerce:
AI is a buzzword of the 21st century. In e-commerce, it has a substantial role as it offers valuable marketing insights into customer preferences. It directs them to create better marketing programs for businesses.

The e-commerce technology renders an automated platform to boost eCommerce performance. Leading e-commerce players utilize AI to develop different unique business aspects.

Cloud technology in eCommerce:
Cloud technology needs no introduction. Like other industries, eCommerce industries also utilize cloud technology to make business decisions and serve their targeted audience. Cloud data processing and management enables both eCommerce players and consumers to get fast and secure access to valuable data.

When it comes to knowing how cloud technology can boost eCommerce, a cloud ERP emerges as a unique tool to increase product delivery speeds, add flexibility to operations, and successfully grow businesses.

Technology to Send Customer Recommendations:
Artificial intelligence (AI) smartly predicts customer behavior patterns. That is why eCommerce players find AI as a unique tool to guide consumers in the right direction and recommend the correct information on various products, products, and more. The technology’s algorithms can efficiently forecast valuable information with the help of customers’ search history. In addition, 3rd party data also render valuable data and information on consumer behavior.

Modern technology also helps eCommerce companies understand customers’ requirements and offer unique information for selling products and services.

Chatbots for eCommerce:
Chatbots are another useful modern technology that can bring immense changes to the ways eCommerce companies serve their audience. Chatbots are famous for their high customer satisfaction rate and wide-scale availability. They work like a virtual call center agent or a client communication executive. These days, every e-commerce app and website comes with inbuilt chatbots.

According to eCommerce chatbot statistics, about 70% of e-commerce merchants will like to incorporate a chatbot into their website by 2023. It will help them interact with their audience and answer all the queries. A chatbot can make a big difference when you don’t have sufficient staff to entertain customers with the correct information over the phone. So, give better space to chatbots on your e-commerce website and get optimal quality solutions.

Personalized User Experience with Technology:
About 74% of businesses admit that user experience (UX) is vital for increasing sales and conversions. About 59% of customers say emerging technologies have impacted their shopping decisions and supported customers’ personal preferences. When we talk about the role of technology in fostering e-commerce business growth, it means the direct effect of advanced technologies on consumers’ buying behavior.

From big data to machine learning (ML) to AI, all trending technologies offer analytics and intuition into customer behavior. The technology can drive better advertising campaigns, automate communication, increase engagement rates, and offer support and services.

Conclusion
The role of technology in the eCommerce industry is seamless and inevitable. The eCommerce industry will keep on thriving with technological transformations because the amalgamation of technology and innovation impacts the whole eCommerce industry.

For the success of e-commerce in the competitive digital world, it is vital to adopt the mentioned-above technologies and trends. Top software development companies leverage advanced technologies and tools to sort your complex problem out and run a successful e-commerce business when it comes to better eCommerce solutions.

Source: ArticlesFactory.com

Previous Post

Causes of Facial Wrinkles

Next Post

Presidential Polls: Yashwant Sinha selected as Opposition candidate

Related Posts

Cobble Beach Celebrates 75 Years of Porsche
Business

Cobble Beach Celebrates 75 Years of Porsche

Wish you all a Happy Lunar New Year
Global

Wish you all a Happy Lunar New Year

Hot Wheels joins the  2023  #AutoShow
Business

Hot Wheels joins the 2023 #AutoShow

Invivo Air is ready for take-off!
Business

Invivo Air is ready for take-off!

Congratulations to Miss Universe 2022 R’Bonney Romero from USA!
Global

Congratulations to Miss Universe 2022 R’Bonney Romero from USA!

Next Post
Presidential Polls: Yashwant Sinha selected as Opposition candidate

Presidential Polls: Yashwant Sinha selected as Opposition candidate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Canada, India welcome progress in negotiations towards interim trade pact

Canada, India welcome progress in negotiations towards interim trade pact

Akshay Kumar is back with his first release of the year – ‘Selfiee’

Akshay Kumar is back with his first release of the year – ‘Selfiee’

Protect Your Teen in Three Easy Steps

Protect Your Teen in Three Easy Steps

भारत को जानो (Know India Programme For Young Overseas Indians)

भारत को जानो (Know India Programme For Young Overseas Indians)

# # #

Categories

  • Articles
  • Business
  • Canada
  • Entertainment
  • Food
  • Global
  • Health
  • India
  • Lifestyle
  • Sports
  • Travel
  • Uncategorized

Don't miss it

Time to Shine!  Wood Buffalo 2023 Arctic Winter Games are officially underway!
Sports

Time to Shine! Wood Buffalo 2023 Arctic Winter Games are officially underway!

#chinookblast- Snow Much Fun!
Canada

#chinookblast- Snow Much Fun!

Cobble Beach Celebrates 75 Years of Porsche
Business

Cobble Beach Celebrates 75 Years of Porsche

Cultural Extravaganza Vande Bharatam @ Republic Day celebrations!
India

Cultural Extravaganza Vande Bharatam @ Republic Day celebrations!

Setting the stage for big changes at the Bella Rose Arts Centre
Canada

Setting the stage for big changes at the Bella Rose Arts Centre

Oscar®-Nominated Shorts Screening at CIFF!
Entertainment

Oscar®-Nominated Shorts Screening at CIFF!

Hello Namaste

New City, New Style!
We’re pleased to announce the launch of ‘Hello-Namaste!’ in a brand new format.
This new e-magazine will be available to all our loyal readers in the summer of 2022 as complete our 10-year journey. Come, join us in our exciting, expansion plans and read all the favourite features as we sprinkle more fresh ideas for our funky, futuristic audiences!
Stay tuned and Subscribe Now!

Categories

  • Articles
  • Business
  • Canada
  • Entertainment
  • Food
  • Global
  • Health
  • India
  • Lifestyle
  • Sports
  • Travel
  • Uncategorized

Browse by Tag

#tiff22 artists arts Asia bollywood book Canada Canada News cars celebrate children cinema Covid culinary cultural culture dance destination diaspora entertainment festival film film festival food Global Health Hello-Namaste heritage hyderabad india Lifestyle movie music new york ontario summer technology Toronto tourism travel Twitter wedding women World News youth

Recent News

Time to Shine!  Wood Buffalo 2023 Arctic Winter Games are officially underway!

Time to Shine! Wood Buffalo 2023 Arctic Winter Games are officially underway!

#chinookblast- Snow Much Fun!

#chinookblast- Snow Much Fun!

© 2022 Hello Namaste.

No Result
View All Result
  • Home
  • Articles
  • Business
  • Canada
  • Entertainment
  • Food
  • Global
  • Health
  • India
  • Lifestyle
  • Sports
  • Travel

© 2022 Hello Namaste.