Predictions for 2024 eCommerce and Fulfillment Trends

As each new year arrives, people turn to their crystal balls to predict trends that will shape the next 12 months. Our fulfillment warehouse experts share some of the top eCommerce trends you can expect to see in 2024.

1. Value-driven loyalty programs take center stage.

If your eCommerce business doesn’t include a loyalty program, you’re already playing catch-up. Today’s consumers participate in an average of more than 15 loyalty programs per person, finding these perks even more attractive than discounts. Many eCommerce companies are boosting their social awareness profile by tying loyalty programs in with charities and environmental causes.

2. Third-party cookies turn stale.

As concerns about online security grow, Google and other platforms have been phasing out third-party cookies. While this may feel like a blow to accessing valuable data, eCommerce businesses can pivot by returning to the use of metrics and creating a robust retention marketing program.

3. AI is here to stay.

Artificial intelligence, or AI, is a one-time trend that is rapidly becoming a fixture. Thanks to the predictive power of AI, the brass ring of 1:1 marketing is truly within grasp. With careful planning and investment, you can incorporate AI without the need for extensive technical know-how.

4. Customer retention becomes a primary focus.

For a while, eCommerce companies bucked the conventional business wisdom that it costs more to acquire a new customer than it does to keep them. Now that acquisition costs have tripled, many eCommerce companies are shifting marketing dollars to their customer retention programs and tools such as mobile apps, exclusive benefits, and brand subscription.

Plan for Future Success with Our Fulfillment Warehouse

Partner with a full-service fulfillment warehouse that scales to meet your needs, now and in the future. Contact us at Medallion Fulfillment & Logistics to learn more.