Every week we gather some of the top articles in eCommerce to share with our followers. This week Mashable’s Top 10 List on the Future of eCommerce where entrepreneurs shared their predictions about the future of eCommerce. ComScore and UPS released results from the Canadian UPS Pulse of the Online Shopper survey 2013, revealing how Canadian’s shop online. Lastly, some of the world’s largest retailers are turning their retail stores into mini distribution hubs in order to help them compete with eCommerce giant Amazon.com. To view this week’s top articles, check out the post below.
10 eCommerce entrepreneurs have shared their predictions on what eCommerce will be like in the future. Some suggest that customization is going to be a key player in the future of eCommerce as personalized shopping is changing the way consumers find and recommend products. As more product categories become offered and readily available online, personalized outfit planning and virtual sizing will become the norm of the future. One entrepreneur says, “Technology will enable companies to provide a concierge-style service that will use underlying personalization algorithms to allow a real person to make recommendations to you”.
ComScore and UPS released results from the Canadian UPS Pulse of the Online Shopper survey 2013. The survey revealed that 25.5 million Internet users in Canada are over the age of 15. Sites that offer free shipping tend to earn positive recommendations from Canadian online shoppers, while sites with high shipping costs generated a inverse response. The survey also explores mobile and Omni-channel shopping in Canada. 46% of Canadian respondents said they are less likely to comparison shop using a store app. Lastly, the survey reveals that Canadians show a lack of interest in ordering online through their mobile devices.
Some of the world’s largest retailers are turning their retail stores into mini distribution hubs in order to help them compete with eCommerce giant Amazon.com. The concept is, instead of fulfilling online orders from warehouses located hundreds of miles from shopper’s homes, companies such as Wal-Mart, Best Buy and Gap are routing to stores nearby. Store employees are trained to pick products from shelves, pack into boxes and place them into waiting FedEx and UPS trucks. This trend is known as Ship from Store and according to Matt Nemer, industry analyst at Wells Fargo Securities, it is anticipated to change physical retailers over the next five years.