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Because of the way that NFTs work, they have numerous use cases for ecommerce stores, including anti-fraud, loss prevention, quality assurance, and even customerloyalty and rewards. Cheese points to use in your store as a rebate, I literally just gave you digitalcurrency.”. The move to “phygital”.
Digitalcurrencies like Bitcoin are helping both private users and online merchants to experience a whole new world of monetary exchange with complete ease,” eCommerce consultant Darshit Parmar writes. Blockchains could introduce all kinds of improvements to digital shopping experiences. Fraud Prevention.
These marketplaces offer a number of benefits including better engagement for both the buyer and the seller, increased customerloyalty, a more efficient purchasing process, and different and increased revenue channels. This trend has only been fueled by the COVID-19 pandemic.
This strategic move helped boost customerloyalty and incentivize repeat purchases. Other trends to watch for in the future of ecommerce include: Robust customer journeys and personalization. Digitalcurrencies. Today, free shipping and speed of delivery are the most common requests from online consumers.
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