Big data is being generated by everything around us at all times. Every digital process and social media exchange produces it. Systems, sensors and mobile devices transmit it. A 2012 Gartner report predicts that data will grow 800 percent over the next five years and 80 percent of the data will be unstructured.
In the 1990s very few large businesses took advantage of big data analytics to control excessive inventory and associated storage costs. Today savvy retailers are harnessing the power of big data by combining data from a number of sources such as web browsing patterns, social media and industry forecasts.
Supermarkets are combining their loyalty card data with social media information to detect and leverage changing buying patterns. While customers are getting timely offers and deals that match their needs.
In the below info-graphic by Colourfast Printing we take a look at how big data has impacted the retail industry, and how big data benefits both consumers and retailers.
This Infograph is shared here after legal permission from Colour Fast
Obviuosly seems like an informative infographic emphasizing the importance of conversion rates of a website. I just want to stress on one thing that is the responsiveness of a website. People are on a fast pace today and they want everything to be instantaneous. Nobody would want to keep waiting for something. Same will be the expectations while using a website or an application as said so in
Thanks for liking and yes you mentioned another correct point as more then half users are mobiles and that recommend the responsiveness of your site to get them too.
this era is totally depending on ecommerce. so we should be conscious about the customer demand.
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obviously you have shared great post about E commerce because conversion should be more important on portal site.
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Responsive side of the mobile versions is a must these days other than responsive web design and sites. Both the conversion rate of the ecommerce and the responsiveness must be sought together in some suitable mixture to allow great outcome as both are the trending topics in current ecommerce era
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Actually E-commerce is making to easy our life to reach some product or Service to us within one time.
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