When you say ecommerce, you think about shopping online, discount and coupons. While the Internet can provide an exquisite array of options and plenty of customization details, you probably know already that you can never go into small details. Until today! Five major technologies seem to take this industry to the next level. 3D printing, augmented reality, cryptocurrencies, autonomous vehicles and mobile computing are seriously “threatening” to take this industry to the next level. Each of them has a huge impact on how the ecommerce world will change though.
3D printing gives you the possibility to customize something according to your strangest ideas and considerations. In fact, some ecommerce giants have already implemented this technology. The supply chain management is pretty much the same, which means that the distributor and retailer will still be needed. But the difference is in the manufacturer’s capability to change designs, customize products and release new solutions within hours or even minutes. The trend is still fresh, but chances are that it will gain popularity pretty fast.
Augmented reality looks like it has just landed from the future. It does have a scientific definition, yet most people will experience problems in understanding the concept. Simply put, this technology is all about things you see around you. Whether you go to work or you take a picnic with your family in a park, augmented reality can modify the data you sense around – graphics, sounds, videos and so on. You basically see things according to your preferences and necessities. If this technology is perfected, it will seriously change the concept of ecommerce.
Most people have issues while experiencing money that does not actually exist. Everyone has heard of the Bitcoin, which was the first cryptocurrency available over the Internet. The high security standards are the best things about cryptocurrencies. Cryptocurrencies can be exchanged just like any other currencies. Besides, implementing such a payment system is not the most complicated thing in the world. In fact, a lot of retailers already accept this payment method.
Autonomous vehicles represent the most cost efficient way to enhance the ecommerce delivery capabilities. These days, most things are delivered within days only. You can count a few weeks when shipping internationally. On the other hand, some of the largest online stores have already tried providing same day delivery opportunities. But if you do the math, this idea can be quite expensive. You cannot send a driver with one package in the car whenever someone chooses this option. This is when autonomous vehicles kick in to reduce the costs, yet it might take a while to perfect this technology.
According to some statistics, close to 40% of all ecommerce traffic is delivered via smartphones. Things are about to go even further with upcoming technologies. For example, you might be able to walk down the street, see a fancy bag on a lady’s shoulder, scan it and gain access to the nearest retailer. Shopping is very likely to turn to 180 degrees within years only, while mobile computing seems to advance with every new day.