Five Ways Smartwatches Will Change E-Commerce

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The Rise of the Impulse Buy

By shifting the nature of the shopping experience, the smartwatch will bring different types of purchases to the forefront. With the help of the Internet of Things and advanced data tracking, customers will be able to buy products at the touch of a button — meaning that retailers will need to hone their appeal to impulse buyers.

Over the past five years, we've seen smartphone commerce skyrocket from obscurity into a state of near-ubiquity. Platforms like Uber, eBay and even Starbucks have all shown that a vast margin of consumers prefer to conduct digital transactions on their smartphones. With these trends in mind, there's no reason for us not to expect the same to happen with smartwatches. Still, as e-commerce continues to expand and fragment across devices, we'll also see a wide array of new issues start to emerge.

In this slideshow, Himanshu Sareen, founder and CEO of Icreon Tech, focuses on the many ways that smartwatches will change e-commerce as we know it, whether it's through altering the face of consumer data, miniaturizing the act of consumer engagement, or changing the way we pay for things.


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