Outlook on six key trends in cross-border e-commerce in 2020

Outlook on six key trends in cross-border e-commerce in 2020

According to statistics portal Statista, the total e-commerce retail sales are expected to exceed 3.4 trillion US dollars in 2019. In the fiercely competitive e-commerce field, all sellers have to do is to let consumers see your brand and products.


In order to get products in front of consumers, sellers need to be sensitive to information and keep up with e-commerce trends.

However, there are always risks in trying new approaches, so before trying a new approach, make sure the change is beneficial to your customers.


Outlook on six key trends in cross-border e-commerce in 2020



1. Google will gradually become an e-commerce platform


Unless it is a very well-known brand, most consumers reach the store through keyword search or pay-per-click advertising . Therefore, to display products in front of more customers, Google is a very good sales channel, which may have unexpected effects on improving store rankings.

Google Shopping is an e-commerce platform owned by Google. Sellers can use Google Shopping to create product listing ads (PLA). If the search terms used by consumers match your product, your product ad will automatically jump to the first page of search results. This is very beneficial for sellers selling niche products.
Studies have shown that Google Shopping ads can help increase conversion rates by 17% .

The creation process is also simple. All you have to do is go to Google Merchant Center and sign up.
(Directions: merchants.google.com/signup/) If your store meets the advertising requirements, you can start creating an ad.
(Requirements for creating Google Shopping ads)


2. Consumers tend to buy through social media


Social media now has more than just social functions. Many social platforms have their own small search engines, such as WeChat in China. Data shows that 55% of online shoppers buy products directly from social posts published by brands .

Many platforms provide sellers with convenient channels, allowing them to sell products to consumers directly on social homepages. When consumers click on a product in the post, the page will jump to the product details page, which is more likely to promote impulse purchases by consumers.


3. AR and VR technologies will become more and more common


  • AR (Augmented Reality)
  • VR (Virtual Reality): Virtual reality technology

E-commerce sellers have always faced the challenge of not being able to see or touch a product before buying it. This is especially true for sellers of clothing, furniture, and product accessories, as consumers want to preview or try out such products before purchasing them.

AR and VR technologies can help consumers experience products through virtual reality , thus solving this problem. Companies like American eyewear brand Warby Parker have launched AR apps to help consumers try on glasses before buying them.

Amazon and IKEA have similar technologies that allow consumers to check whether furniture will match their home decor before purchasing it, using AR and VR.

E-commerce sellers should note that the ways to improve customer experience are slowly changing, and technology is gradually penetrating the e-commerce field. For sellers, investing in the use of these technologies will be very beneficial.



4. Personalized products will become popular


Personalized products will reach a new level, and completely customized products will be popular in 2020. Many sellers use interactive content (such as small questionnaires and small surveys) to build customized products to meet the personal needs or preferences of consumers. This trend is particularly popular in the health and wellness field. It is recommended that sellers learn from the experience of foreign sellers, understand the personal needs of consumers through interactive content, and create a customized production line .



5. Provide flexible and diverse payment methods for large orders


If the price of the product you sell is too high, the possibility of consumers placing an order will be greatly reduced. At present, it is popular abroad to provide more flexible payment methods such as Afterpay, Final and Affirm , which are similar to the domestic Alipay Huabei installment payment .
The survey showed that sellers who specifically offered Afterpay as a payment method saw a 20% to 30% increase in conversion rates .


6. Sellers and consumers are becoming more environmentally conscious


Protecting the earth is no longer just a slogan for a small number of people. Nowadays, most consumers have a stronger awareness of environmental protection. When purchasing things, these consumers also tend to choose environmentally friendly products or companies.
Not only consumers, but many sellers are also using recyclable or biodegradable materials whenever possible to reduce their carbon footprint .

Finally , I want to say that the trend may fade, but for e-commerce sellers, being able to improve the consumer shopping experience is expected to increase conversion rates. Sellers are advised to pay attention to trends that can improve the consumer experience.

Compiled by ✎ Mary/
Original article: https://www.repricerexpress.com/ecommerce-trends-2020/
statement: When reprinting this article, the title and original text must not be modified, and the source and original link must be retained.

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