{"id":9956,"date":"2023-03-02T16:42:33","date_gmt":"2023-03-02T16:42:33","guid":{"rendered":"https:\/\/breadstack.com\/?p=9956"},"modified":"2023-06-02T15:14:37","modified_gmt":"2023-06-02T15:14:37","slug":"ecommerce-trends-2023","status":"publish","type":"post","link":"https:\/\/breadstack.com\/insights\/e-commerce\/ecommerce-trends-2023\/","title":{"rendered":"Industry Report: Ecommerce Trends in 2023"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"9956\" class=\"elementor elementor-9956\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b6acf74 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b6acf74\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e7dfc4a\" data-id=\"e7dfc4a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1bda95b elementor-widget elementor-widget-text-editor\" data-id=\"1bda95b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The ecommerce market in 2023 continues to expand. Ecommerce owners need to be aware of the changes happening in their market.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this article, we\u2019ll give you an overview of the 2023 ecommerce trends as well as specific trends to watch out for.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let\u2019s get started.<\/span><\/p>\n<ul>\n<li><a href=\"#second-heading\">Overview of ecommerce trends for 2023<\/a><\/li>\n<li><a href=\"#third-heading\">7 Ecommerce trends for 2023<\/a><\/li>\n<li><a href=\"#fourth-heading\">Adapting to trends<\/a><\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd4e93a elementor-widget elementor-widget-image\" data-id=\"cd4e93a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"640\" height=\"640\" src=\"https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2246458419-1024x1024.jpg\" class=\"attachment-large size-large wp-image-9958\" alt=\"Figuring out ecommerce trends for 2023\" loading=\"lazy\" srcset=\"https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2246458419-1024x1024.jpg 1024w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2246458419-300x300.jpg 300w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2246458419-150x150.jpg 150w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2246458419-768x768.jpg 768w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2246458419-1536x1536.jpg 1536w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2246458419-2048x2048.jpg 2048w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a21477e elementor-widget elementor-widget-menu-anchor\" data-id=\"a21477e\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"second-heading\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8d347b7 elementor-widget elementor-widget-heading\" data-id=\"8d347b7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-large\">Overview of ecommerce trends for 2023<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e3ca42 elementor-widget elementor-widget-text-editor\" data-id=\"1e3ca42\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The ecommerce market was valued at <a href=\"https:\/\/www.researchandmarkets.com\/reports\/5732341\/e-commerce-market-global-industry-trends-share#:~:text=The%20global%20e%2Dcommerce%20market,27.38%25%20during%202022%2D2028.\" target=\"_blank\" rel=\"noopener\">$16.6 trillion<\/a> (USD) in 2022. This number is expected to grow significantly in the next few years. Analysts have projected that the <strong>compound annual growth rate for 2023 to 2028 will be 27.43%<\/strong>.<\/span><\/p><p><span style=\"font-weight: 400;\">Many existing trends from recent years will continue to stay relevant with even more growth in 2023.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Areas like payment options, mobile shopping and personalization are some of the existing trends that will continue to grow. New trends emerging for 2023 are social commerce, inflation, sustainability and AI.<\/span><\/p><p><span style=\"font-weight: 400;\">The growth in ecommerce is exciting for those who operate online. $16.6 trillion is a big market to find success in. By knowing these trends for 2023 it will help you prepare for the consumer&#8217;s new expectations and will guide you in staying competitive in the market.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7078736 elementor-widget elementor-widget-menu-anchor\" data-id=\"7078736\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"third-heading\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-89127bf elementor-widget elementor-widget-heading\" data-id=\"89127bf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-large\">7 Ecommerce trends for 2023<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b76c0fc elementor-widget elementor-widget-text-editor\" data-id=\"b76c0fc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Ecommerce has seen rapid growth over the last decade, with even more growth in these last few years. Ecommerce owners need to stay up to date to remain competitive and give their customers a great experience.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Here are the top trends for 2023.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bea517a elementor-widget elementor-widget-heading\" data-id=\"bea517a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-medium\">1. Mobile Shopping<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66dae96 elementor-widget elementor-widget-text-editor\" data-id=\"66dae96\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Mobile shopping is no surprise as a 2023 trend. Customers using mobile devices to shop has continued to grow year after year &#8211; people like using their phones, it\u2019s easier and already in their pocket.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Even following Google\u2019s search algorithms, websites need to be optimized properly in order to continue ranking. In 2021 mobile usage was at <a href=\"https:\/\/www.oberlo.ca\/blog\/mobile-usage-statistics\" target=\"_blank\" rel=\"noopener\">54% <\/a>and in 2023 this number is projected to be at 61%.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Focusing on shopping with mobile devices the statistics are even more surprising. In 2021 <a href=\"https:\/\/www.tidio.com\/blog\/mobile-commerce-statistics\/\" target=\"_blank\" rel=\"noopener\">42%<\/a> of ecommerce sales were through a mobile device, however, in 2022 this number rose to 43%, with expectations to be even higher in 2023\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">The trends of mobile shopping for 2023 are something ecommerce owners need to keep in mind. <strong>Everything on your website needs to function properly on mobile<\/strong>.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Ecommerce owners should check every sales funnel and customer journey path to ensure everything is optimized for mobile. You\u2019ll be adhering to customers and to the Google search results page.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d3640e4 elementor-widget elementor-widget-image\" data-id=\"d3640e4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"640\" height=\"443\" src=\"https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_1541828615-1024x709.jpg\" class=\"attachment-large size-large wp-image-9960\" alt=\"Customers shopping on a mobile app.\" loading=\"lazy\" srcset=\"https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_1541828615-1024x709.jpg 1024w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_1541828615-300x208.jpg 300w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_1541828615-768x532.jpg 768w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_1541828615-1536x1063.jpg 1536w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_1541828615-2048x1418.jpg 2048w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f03ef8f elementor-widget elementor-widget-heading\" data-id=\"f03ef8f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-medium\">2. More payment options<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-68cc9af elementor-widget elementor-widget-text-editor\" data-id=\"68cc9af\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Different payment methods have continued to come forward over the last couple of years. We\u2019ll continue to see an increase in emerging payment options for 2023.<\/span><\/p><p><span style=\"font-weight: 400;\"><strong>Customers want easier and quicker payment methods for shopping online<\/strong>. The rise in Apple pay, Google Pay, and other mobile payments have made this more common.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">In 2021, <a href=\"https:\/\/theogm.com\/2022\/10\/20\/53-of-online-shopping-to-be-done-by-digital-wallets-by-2025\/#:~:text=Mobile%2Fdigital%20wallets%20have%20become,commerce%20transactional%20volume%20by%202025.\" target=\"_blank\" rel=\"noopener\">50%<\/a> of ecommerce transactions were paid using a mobile wallet &#8211; this number will reach 53% in 2025.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Other payment methods such as cryptocurrencies will also continue to gain popularity. A report done by CNBC in 2022, found that nearly <a href=\"https:\/\/www.cnbc.com\/2022\/07\/29\/deloitte-75-percent-of-retailers-plan-to-accept-crypto-payments-in-2-years.html\" target=\"_blank\" rel=\"noopener\">75%<\/a> of retailers plan to accept crypto payments. These are every type of company too, from Starbucks to Lamborghini.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">The more payment options for 2023 means ecommerce owners will have to adapt and be flexible in taking payments.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Businesses that risk not offering these new payments may see a loss in sales. Customers will choose another option with their preferred payment method.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e944da0 elementor-widget elementor-widget-heading\" data-id=\"e944da0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-medium\">3. Personalization<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50550ec elementor-widget elementor-widget-text-editor\" data-id=\"50550ec\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Personalization is another upward trend, we\u2019ve seen continued throughout the years and 2023 will be no different.<\/span><\/p><p><span style=\"font-weight: 400;\">Personalization is set to become one of the biggest ecommerce trends. More and more businesses utilize personalization to connect with their customers more.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\"><strong>Ecommerce owners that offer personalization can expect to see more sales, more engagement and more loyalty<\/strong>.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.mckinsey.com\/capabilities\/growth-marketing-and-sales\/our-insights\/the-value-of-getting-personalization-right-or-wrong-is-multiplying\" target=\"_blank\" rel=\"noopener\">71%<\/a> of customers expect personalization and 76% are frustrated when they don\u2019t get it. These numbers will only continue to grow in 2023.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Ecommerce owners need to implement personalization, if they have not done so already, to remain competitive in their fields.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Think of all the competitors in your industry, you\u2019re all after the same customer, personalization can be the key to focusing on them.\u00a0<\/span><\/p><p>For more information about this trend, check out &#8220;<a href=\"https:\/\/breadstack.com\/marketing-sales\/define-personalization\/\" target=\"_blank\" rel=\"noopener\">Define personalization: How to use it in marketing<\/a>&#8220;.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9407ef8 elementor-widget elementor-widget-image\" data-id=\"9407ef8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"640\" height=\"436\" src=\"https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2067669539-1024x697.jpg\" class=\"attachment-large size-large wp-image-9962\" alt=\"Personalize customer experience for more success.\" loading=\"lazy\" srcset=\"https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2067669539-1024x697.jpg 1024w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2067669539-300x204.jpg 300w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2067669539-768x523.jpg 768w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2067669539-1536x1045.jpg 1536w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2067669539-2048x1394.jpg 2048w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6734aa7 elementor-widget elementor-widget-heading\" data-id=\"6734aa7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-medium\">4. Social Commerce<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b2fa5df elementor-widget elementor-widget-text-editor\" data-id=\"b2fa5df\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Between 2019 and 2021 the number of social media users increased by <a href=\"https:\/\/truelist.co\/blog\/social-media-marketing-statistics\/#:~:text=The%20number%20of%20social%20media,million%20between%202019%20and%202021.\" target=\"_blank\" rel=\"noopener\">890 million.<\/a> Social media has continued to grow with the number of users at <a href=\"https:\/\/backlinko.com\/social-media-users\" target=\"_blank\" rel=\"noopener\">4.48 billion<\/a> in 2022 and is projected to rise to <a href=\"https:\/\/www.threecolts.com\/blog-articles\/social-media-statistics-2023\" target=\"_blank\" rel=\"noopener\">4.59 billion<\/a> users in 2023.\u00a0\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.marketingdive.com\/news\/90-of-people-buy-from-brands-they-follow-on-social-media-study-says\/577882\/\" target=\"_blank\" rel=\"noopener\">9 in 10<\/a> people buy from brands they follow on social media. It\u2019s a powerful tool businesses can use as part of their overall strategy for marketing or sales.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\"><strong>A social media presence can reduce the friction between finding a brand and a conversion.<\/strong>\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Ecommerce owners can take advantage of social media platforms, which are a lot of opportunities available with the most noticeable being the potential to reach the customer quickly.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Setting up the proper social media accounts can get your business on the map, help you connect with customers and increase sales.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f3c4c0 elementor-widget elementor-widget-heading\" data-id=\"4f3c4c0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-medium\">5. Inflation<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77a9529 elementor-widget elementor-widget-text-editor\" data-id=\"77a9529\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Prices have continued to rise over the last few months. Customers are especially feeling the inflated prices, with everything overall increasing.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">This could lead to fewer online purchases and decreasing sales for ecommerce owners. Canada\u2019s inflation topped out at a <a href=\"https:\/\/globalnews.ca\/news\/9397165\/inflation-canada-out-of-pocket\/#:~:text=The%20annual%20rate%20of%20inflation,Consumer%20Price%20Index%20(CPI).\" target=\"_blank\" rel=\"noopener\">41-year high<\/a> of 8.1%.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\"><strong>Customers will be more likely to shop around for better deals or look for discounts and promotions<\/strong>.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">More recreational spending could be cut out of people&#8217;s budgets as well, due to higher prices. Similar to recreational luxury items may be priced out due to the higher price tag.<\/span><\/p><p><span style=\"font-weight: 400;\">Companies need to adjust their products accordingly to meet the needs of their consumers.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">They also need to be strategic with overall sales and operations planning. 2023 will be an interesting year for ecommerce owners due to economic pressures.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Bank of Canada has projected the inflation rate will fall to <a href=\"https:\/\/www.bankofcanada.ca\/2023\/02\/higher-interest-rates-are-working\/#:~:text=With%20economic%20growth%20slowing%20to,will%20take%20longer%20to%20cool.\" target=\"_blank\" rel=\"noopener\">3%<\/a> in 2023, however, you should always be weary of projections and make the best decisions you can.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e251de3 elementor-widget elementor-widget-image\" data-id=\"e251de3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"640\" height=\"427\" src=\"https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2182651955-1024x683.jpg\" class=\"attachment-large size-large wp-image-9961\" alt=\"Business owner trying to cut inflation.\" loading=\"lazy\" srcset=\"https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2182651955-1024x683.jpg 1024w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2182651955-300x200.jpg 300w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2182651955-768x512.jpg 768w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2182651955-1536x1024.jpg 1536w, https:\/\/breadstack.com\/wp-content\/uploads\/2023\/03\/shutterstock_2182651955-2048x1366.jpg 2048w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77056e6 elementor-widget elementor-widget-heading\" data-id=\"77056e6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-medium\">6. Sustainable business<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0817feb elementor-widget elementor-widget-text-editor\" data-id=\"0817feb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Sustainable business is becoming a growing trend throughout the last couple of years and for good reason. Sustainability is a pathway to living a healthy life for our planet, with the rise in climate crises.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.businessnewsdaily.com\/15087-consumers-want-sustainable-products.html\" target=\"_blank\" rel=\"noopener\">72%<\/a> of consumers mentioned they were buying more environmentally friendly products than they did 5 years ago, while 81% said they expected to buy even more sustainable products in the next 5 years.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">The shift in sustainability has made already existing companies cut back on their environmental impact.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Sustainable products may cost more to make and sell, however, this won\u2019t stop consumers from purchasing. <strong>Many customers are willing to pay more for a sustainable product with the environment in mind<\/strong>.<\/span><\/p><p><span style=\"font-weight: 400;\">The change to sustainable products is coming directly from customers. It\u2019s what they want businesses to take notice in. Over <a href=\"https:\/\/www.businessnewsdaily.com\/15087-consumers-want-sustainable-products.html\" target=\"_blank\" rel=\"noopener\">50%<\/a> of c-level executives in the fashion and textile industry mention consumers are pursuing them to be more sustainable.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Ecommerce owners can make the steps forward to becoming more sustainable. They can even advertise their sustainability approach to meet the demands of the new consumer.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f23bdd elementor-widget elementor-widget-heading\" data-id=\"5f23bdd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-medium\">7. AI Products<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0afdd07 elementor-widget elementor-widget-text-editor\" data-id=\"0afdd07\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">ChatGPT has exploded all over the internet. It\u2019s become a talking point for the first quarter of 2023. The popularity of ChatGPT tells us that AI is popular and people are open to it.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">AI is becoming more widely adopted across industries, from healthcare, to finance to retail. As AI continues to be more sophisticated and accessible, <strong>we can expect businesses to use it to increase innovation and efficiency<\/strong>.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Spending for AI including software, hardware and services was at $<a href=\"https:\/\/www.idc.com\/getdoc.jsp?containerId=prUS49670322#:~:text=NEEDHAM%2C%20Mass.%2C%20September%2012,%24118%20billion%20in%202022%20and\" target=\"_blank\" rel=\"noopener\">118 billion<\/a> (USD) in 2022, with that number to increase to $300 billion (USD) by 2026. In 2022 37% of businesses used AI, while 42% of companies are exploring AI for the future.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Ecommerce owners should look into AI functions across all departments of a business. It can allow you to save time and money with the implementation of AI.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d1d8986 elementor-widget elementor-widget-menu-anchor\" data-id=\"d1d8986\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"fourth-heading\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f54c17 elementor-widget elementor-widget-heading\" data-id=\"0f54c17\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-large\">Adapting to trends<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9625dfb elementor-widget elementor-widget-text-editor\" data-id=\"9625dfb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">It can be frustrating seeing new trends emerge that you may not be ready for. However, nothing is forever. What&#8217;s working today might not work tomorrow. <\/span><\/p><p><strong>Times change and your business will have to change as well to adapt to trends in the market.\u00a0<\/strong><\/p><p>Certain products and services can help business owners adapt better and more easily. Here at Breadstack, we strive to do just that. We s<span style=\"font-weight: 400;\">upercharge your business using the technology of tomorrow.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Breadstack is an ecommerce toolkit to provide you with better information to manage your business all integrated into one platform. <\/span><\/p><p><span style=\"font-weight: 400;\">With tools for real-time data, business intelligence, analytics, inventory management, customer support, promotions, and fulfillment. Contact us today for a free demo!<\/span><\/p><p style=\"text-align: center;\"><strong>Ready to supercharge your business?<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4508956 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"4508956\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/breadstack.com\/solutions\/customer-service\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Check us out!<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The ecommerce market in 2023 continues to expand. Ecommerce owners need to be aware of the changes happening in their market.&nbsp; In this article, we\u2019ll give you an overview of the 2023 ecommerce trends as well as specific trends to watch out for.&nbsp; Let\u2019s get started. Overview of ecommerce trends for 2023 7 Ecommerce trends [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":9959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[32],"tags":[18,47],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v20.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Industry Report: Ecommerce Trends in 2023 | Breadstack Dispensary eCommerce Software<\/title>\n<meta name=\"description\" content=\"In this article, we\u2019ll give you an overview of the 2023 ecommerce trends as well as specific trends to watch out for.\u00a0Click here!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/breadstack.com\/insights\/e-commerce\/ecommerce-trends-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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