8 Online Shopping Trends You Need to Know
8 Online Shopping Trends You Need to Know
The internet has changed the way we do a lot of things since its inception, and indeed, since the explosion of big tech, notably Amazon, it’s made our lives much more convenient. If we want something that isn’t available in our local stores, we go to Amazon. Want handmade stuff? Etsy is the place. Many big-box, brick-and-mortar stores are declaring bankruptcy or just closing their retail spaces because of the popularity of online shopping. That said, here are eight online shopping trends you need to know as we head into the New Year.1. Almost 90% of sales are online in the U.S. If you want to enter the e-commerce market, you’re entering the space at the right time. Since 86% of people over 14 bought their wares online in 2021, you expect that number to have remained relatively steady this year. And while the pandemic brought back some big-box stores to life, most people are still choosing online shopping as their method of purchase.2. Video marketing is where it’s atCreating short-form video content is nothing new. With the advent of Instagram Reels, Facebook Stories and YouTube Shorts, and TikTok, short-form video has long been a ‘thing’ in the digital world. However, creating engaging, well-produced video content as a marketing tool has proven incredibly successful, no matter the business model. According to statistics, 69% of customers prefer to watch short-form video marketing content.3. Customer service is still keyOne of the biggest gripes you can have is having a problem while trying to make an online purchase, then having to email and wait for a response, or call a customer support hotline and being placed on hold for 30 minutes. Integrating a customer service chat support person into your online shopping experience is critical to most customers — 95% of them. Knowing how to integrate online chat-based support and cutting out the need to call or email and wait exorbitantly long for a response will keep customers coming back.4. Listing your products with Amazon is likely to increase salesBefore Amazon, there was eBay, and though there are various offshoots of Amazon, no one even comes close to touching the reach and scale of the online sales platform. And as Amazon proudly boasts, over half of their content comes from small business owners. So if you’re looking for an e-commerce platform, Amazon has to be near the top of your list. With 133 million monthly searches (on average) in the last 12 months in the US, there’s no better place to flog your wares if you’re looking to expand into e-commerce.5. Social media marketing is projected to grow
Smartphone with “Social” on the screen & various social media icons, sitting on computer keyboard; image by Geralt, via Unsplash.com.
About Luke Fitzpatrick
Luke Fitzpatrick has been published in Forbes, Yahoo! News and Influencive. He is also a guest lecturer at the University of Sydney, lecturing in Cross-Cultural Management and the Pre-MBA Program. You can connect with him on LinkedIn.