The Future OF Retail Beyond 2016

The Top 4 Most Disruptive Trends e-Commerce Right Now?

The retail industry is hard to read right now,because everything involved with retail is changing at a vertical pace. The entire retail market is in a major flux, and nothing is the same, including consumers. Successful retail operations are successful because 60% of their sales comes online.

With so many competing for sought-after buyers (folks with disposable incomes who shop online). The nervous retailers who are not online, are missing out on the online consumer. These consumers are demanding different expectations. Unless a retail store is tapped in online they won’t know the current demand for products and customer experience.

"...Plus, many more innovations are coming down the pipe. In order to succeed, retailers need to become truly digital online businesses..."

Technology is what’s behind most retail innovations. Smartphones have impacted all generations in such a way that nothing will ever be the same in retail sales. For example, 10% of all purchases made come from mobile phones. 

If you don’t already know, you will need to know soon, before it’s too late...

Here are the top 4 most disruptive e-commerce trends right now.

1. Big change with payment processing solutions for customers. This is very big for younger consumer, as they have come to expect more convenient and secure payment options. So, businesses need to appeal to the 30 and under crowd.
2. Supply and Distribution Channels with the ability to ship immediately to Consumers.
3. Consumer driven customization and collaborative in regard to design and performance. Be flexible and able to customize - like DIY!
4. Manufacturers selling direct to the customer.

Predictions for the 3 Most Disruptive Trends for 2017

1. Brick & Mortar Stores will become more relevant, as more B & M operations start selling products and services online while giving better customer service.
2. Customer Service will become the difference maker. Both Brick & Mortar and online sales will compete and the winners will be those who offer innovative and personal customer service.
3. Delivery Services will be another difference makers. This with the best delivery (fast, secure, and dependable) will separate those who will succeed and those that won’t.

There's a lot of really innovative stuff going on in the retail world, including but not limited to “unbundling” consumer loans from banks by making it possible for people to purchase immediately and pay later. And, there is 3D printing, which increases the number of folks who can make things

Other Cool resources you should check out - Internet Retailer 

Webinar: The Future of e-Commerce - Disruptive Trends in Shopping Behavior

The Future of Retail - FREE Silde Deck

The retail industry is on the cusp of a fundamental transformation driven by digital technologies. And as retailers adapt to the digital age, the line between physical and digital commerce is becoming increasingly blurred.

BI Intelligence has created a slide deck exploring the most disruptive trends in e-commerce. Access the full deck now for free by clicking here.

Some of the topics covered include:

• The size of the retail and e-commerce markets.
• The breakdown of e-commerce sales by product category.
• How legacy retailers are adapting to digital.
• Which e-commerce companies are leading the way.
• What omnichannel strategies retail companies are adopting.
• And much more.

The companies mentioned in this year's presentation include: Sports Authority, Amazon, Best Buy, Apple, Wayfair, Target, Dollar Shave Club, Instacart, Walmart, CVS, and Sam's Club.

Below are 8 sample slides from the 65-page deck. Want the full deck? Access it here for FREE >>