Businesses and the future of eCommerce

The future of e-commerce looks promising for businesses. Let’s take a closer look at how independent merchants can continue to sell more and stand out in competition with big-box retailers who also have moved online.
Consumers are adopting new technologies quicker than ever. According to a recent study, a large amount of people now own a smartphone. That’s an increase in the owners of the smartphone in 2011 – and the market still has great potential for growth. A recent study also shows that millions of smartphone owners are using their smartphones to shop online.
The major shortcoming with online shopping to date has been the instant gratification that comes with in-store shopping and the ease with which consumers can get their hands on products in real-time. As new technologies such as Near Field Communications emerge, that advantage for traditional retailing may shift.
NFC is a smartphone technology that allows for easy communication and data transfer over short distances. By connecting NFC-enabled devices to a credit or debit card, paying for goods or services is simpler and faster than ever before. Imagine simply waving your phone over a product to purchase it online.
That kind of transaction has the chance to be a real game-changer in the e-commerce space. By 2022, brick and mortar retail spaces will be little more than showrooms. Instead of loading up a cart with goods to purchase in-store, consumers will try on or sample the products in-store, quickly scan and purchase the items they desire, and have them delivered to their homes within 24 hours. The shopping mall as we know it today will be much different 10 years from now.
Does this mean brick and mortar stores are dead or dying? No. They’re simply evolving as consumers find new technologies that simplify their lives. The challenge for businesses going forward, large or small, is adapting to this change in consumer behavior or even predict it.
So where should businesses be focusing their efforts so they’re not tripped up by the next disruptive technology?

So what does the future of e-commerce look like for businesses? Smarter, faster and more promising and that’s why we are introducing BOS(Business Owner Solutions)  which will provide you all the needed tools to better sell your goods and services and catch your prospective customers which will drive traffic to your business.
To view, all the tools contained in BOS, Visit http://digitalbesltd.mydigitalbeshost.com/business-owner-solutions