The online retail landscape is undergoing a metamorphosis as merchants explore a variety of emerging technology trends to try and stay ahead of ever shifting buyer expectations of what defines a great online shopping experience. Join John Glasgow, Director of Commerce Strategy as he looks at how emerging technologies including AI, ML, AR, VR, personalization, advanced data insights and much more are enabling leading online merchants to stay ahead of the innovation curve and delight their customers with engaging experiences
2. The Future’s Bright, The Future’s Digital
Between 2018 and 2021, the
number of people making
purchases online is projected
to rise from 1.8 billion to 2.1
billion
M-Commerce is projected to
nearly double in sales
between 2018 and 2021, with
its contribution to overall
retail E-Commerce sales
rising to 73% by the end of
2021
By 2022, 1/5 of global online
retail sales is projected to be
cross-border, up by +5% from
2016.
B2C and C2C E-Commerce sales
of products & services worldwide*
is forecasted to rise to $4.59
trillion by 2021 and account for
17.5% of the world’s overall retail
sales, up from 11.9% in 2018
* excluding travel and event tickets
6. Amazon Doubles Down, Walmart Raises
“Our goal is to evolve the
two-day free shipping
program into the one-day
free shipping program, and
we’re making strides on
that”
“We’re adding free NextDay delivery
on a wide range of general
merchandise from Walmart.com,
without a membership fee.”
7. POST PURCHASE
Delivery is a critical part of the experience journey. Your job
is not done with the “Buy Button” click
9. Expectation vs. Reality
of consumers expect
a personalized
experience
of organizations
believe they are
creating a personalized
consumer experience
85% 10%
Researchscape (2019)