Tag Archives: Ebay

eBay CEO Notes E-commerce Revolution: Are you Ready for the Change

In a recent lecture held at University of ILLINOIS, the CEO of eBay John Donahoe, shared his professional insights about ongoing happenings in e-commerce industry. Given the fact that eBay is the largest online shopping site after Amazon in the world. Therefore, the insights from the group‘s CEO becomes important for entire e-commerce world. There are certain challenges and opportunities in e-commerce arena. Mr. DonaHoe spoken about key areas that will bring a revolutionary change in E-commerce industry; this change will bring new players in light and knock down the unresponsive and less customer-drive e-commerce stores. All the points that Mr. DonaHoe has broached are mentioned below:

 Dual Screen Will Rule

 There are speculations that online customers will increase the use of dual screens. For example, the customers will prefer online    shopping right at the moment of watching TV. Therefore, the stores will have to create apps that can help customers in availing the merchandising wore by their favorite stars in TV shows.

Pre-Order Will Become a Trend

It is certain that pre-order, which is now an ignored option will emerge as a leading trend in e-commerce industry. The customer will prefer to pre-order the products of his and her needs. It will help the customer in availing products at first priority.

Product Search Boxes Will Face Abandon

There are no illusions that the product search boxes in e-commerce stores will face abandon in coming years or not. Customers will not have plenty of time to type their needs via their SmartPhone or laptop. Therefore, the voice recognition system will evolve and customers will be able to find their needful products and clinch their deals just by speaking the about the products.

These revolutionary changes are going to come in another few years. Therefore, you should be aware with your e-commerce store’s technical stature and try to make yourself capable in updating your e-commerce store with these advancements. You can take help of magento developer for developing an e-commerce site with future withstanding.