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data-schema="82646-post-App">[{"@context":"http:\/\/schema.org","@type":"Answer","name":"What is voice commerce?","text":"Voice commerce is defined as the process where consumers search for and purchase products using voice commands. It is also referred to as voice shopping or voice-activated shopping. Customers interact with smart speakers and voice assistants or virtual digital assistants (VDAs) such as Amazon Alexa, Google Assistant, or Apple\u2019s Siri to make online purchases.","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/20\/voice-commerce-definition-examples-benefits-stats\/#Answer"},{"@context":"http:\/\/schema.org","@type":"Answer","text":"Although the terms may seem synonymous, voice commerce differs from conversational commerce by being more specific to using voice assistants to search and make purchases online. Conversational commerce allows consumers to interact with brands and businesses through voice assistants as well as chatbots, SMS, and apps like Facebook Messenger and WhatsApp. The conversation takes place through voice or through typing text and carrying on a conversation within a single app.","name":"What is Voice commerce vs. conversational commerce","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/20\/voice-commerce-definition-examples-benefits-stats\/#Answer1"},{"@context":"http:\/\/schema.org","@type":"Answer","text":"Automatic Speech Recognition (ASR) and Natural Language Understanding (NLU) are core components that enable voice-commerce. Automatic Speech Recognition technology or ASR allows human beings to use normal speech or voice to interact with smart devices or voice assistants. Natural Language Understanding (NLU) refers to the ability for computers to understand intent with the help of grammatical structure of and sentence and semantics. Humans have the natural ability to process language and understanding, whereas for machines a combination of such capabilities are key in understanding the intent behind human speech captured by smart devices or voice assistants.","name":"How does voice commerce work?","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/20\/voice-commerce-definition-examples-benefits-stats\/#Answer2"},{"@context":"http:\/\/schema.org","@type":"Answer","name":"What is conversational commerce?","text":"Conversational commerce integrates e-commerce with modern communication technologies, allowing brands to engage with customers continuously via messaging apps, chatbots, and voice assistants. This approach enhances personalization and convenience, enabling real-time interactions, instant responses, and seamless purchasing experiences within platforms like Facebook Messenger, WhatsApp, and voice-enabled devices such as Google Assistant and Amazon Alexa. By leveraging a combination of automated systems and human interactions, conversational commerce helps businesses drive sales, foster meaningful customer relationships, and ensure ongoing customer loyalty.","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/20\/voice-commerce-definition-examples-benefits-stats\/#Answer3"},{"@context":"http:\/\/schema.org","@type":"Answer","text":"<p>Generally speaking, there are six types of conversational commerce methods that companies employ today:<\/p> <ol> <li><strong>Messaging apps:<\/strong> Platforms like Facebook Messenger, WhatsApp, WeChat, and Snapchat enable direct communication with company representatives, customer support, personalized recommendations, product reviews, and seamless purchasing within the app. These apps also support multimedia exchanges like memes, GIFs, and emojis to enhance engagement.<\/li> <li><strong>Live chat:<\/strong> Real-time chat with customer service representatives on company websites, mobile apps, or customer service portals. This improves response times, provides personalized support, and guides purchasing processes. Live chat allows agents to handle multiple conversations simultaneously, offering efficient and cost-effective service.<\/li> <li><strong>Chatbots:<\/strong> Automated responses to customer inquiries using AI on websites, social media platforms, and mobile apps. Chatbots provide 24\/7 support, personalized shopping experiences, and the ability to handle multiple users simultaneously. They can recognize customer preferences and track purchase history for relevant suggestions.<\/li> <li><strong>Voice assistants:<\/strong> Voice-activated shopping, real-time responses to queries, product recommendations, and hands-free purchasing experiences through Amazon Alexa, Google Assistant, and Apple Siri. Voice assistants use voice recognition, AI, and natural language processing to facilitate intuitive, voice-based interactions.<\/li> <li><strong>Social media direct messaging:<\/strong> Direct interactions with customers on platforms like Instagram, Twitter, and LinkedIn. This method handles inquiries, provides customer service, and facilitates transactions through private messages, maintaining a personal touch and enhancing customer engagement.<\/li> <li><strong>AI-powered customer interaction:<\/strong> Advanced personalization through machine learning in integrated AI systems within mobile apps and websites. These AI copilots and assistants offer intelligent, custom solutions, handling complex queries and personalized recommendations, thereby enhancing customer engagement and experience.<\/li> <\/ol>","name":"Types of conversational commerce","@id":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/20\/voice-commerce-definition-examples-benefits-stats\/#Answer4"},{"@context":"http:\/\/schema.org","@type":"BlogPosting","about":[{"@type":"Thing","name":"Conversational commerce","@id":"https:\/\/en.wikipedia.org\/wiki\/Conversational_commerce#Thing"},{"@type":"Thing","name":"speech recognition (Q189436)","@id":"https:\/\/www.wikidata.org\/wiki\/Q189436#Thing"},{"@type":"Thing","name":"e-commerce","@id":"https:\/\/www.wikidata.org\/wiki\/Q484847"},"https:\/\/www.the-future-of-commerce.com\/2022\/04\/20\/voice-commerce-definition-examples-benefits-stats\/#About",{"@type":"Thing","name":"Commerce","@id":"https:\/\/en.wikipedia.org\/wiki\/Commerce#Thing"},{"@type":"Thing","name":"E-commerce","@id":"https:\/\/en.wikipedia.org\/wiki\/E-commerce"},{"@type":"Thing","name":"Virtual assistant","@id":"https:\/\/en.wikipedia.org\/wiki\/Virtual_assistant#Thing"},{"@type":"Thing","name":"Commerce","@id":"https:\/\/www.wikidata.org\/wiki\/Q26643#Thing"},{"@type":"Thing","name":"natural language understanding (Q1078276)","@id":"https:\/\/www.wikidata.org\/wiki\/Q1078276#Thing"}],"image":{"@type":"ImageObject","url":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2022\/04\/voice-commerce_1200x375-1200x370.jpg","height":"370","width":"1200","@id":"https:\/\/www.the-future-of-commerce.com\/wp-content\/uploads\/2022\/04\/voice-commerce_1200x375-1200x370.jpg"},"dateModified":"2024-07-11","datePublished":"2022-04-20","name":"What is voice commerce: Definition, Examples, Stats","url":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/20\/voice-commerce-definition-examples-benefits-stats\/","mainEntityOfPage":"https:\/\/www.the-future-of-commerce.com\/2022\/04\/20\/voice-commerce-definition-examples-benefits-stats\/","description":"What is voice commerce or voice-based e-commerce? 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Building on the rapid growth of e-commerce over the last few years, voice commerce gives your customers a way to tell you exactly what they want. Consumers increasingly turn to virtual assistants and smart speakers like Alexa and Siri to not only answer their questions at home and on the go, but to make purchases without so much as the click of a mouse or tap of a screen. Companies leveraging voice commerce are enjoying competitive advantage and the future of voice commerce presents another ripe opportunity for brands seeking to build on the success of e-commerce. What is voice commerce? Voice commerce is defined as the process where consumers search for and purchase products using voice commands. It is also referred to as voice shopping or voice-activated shopping. Customers interact with smart speakers and voice assistants or virtual digital assistants (VDAs) such as Amazon Alexa, Google Assistant, or Apple’s Siri to make online purchases. Rather than typing on an interface such as an app on a smartphone or a browser on a laptop, customers ask their favorite voice assistant for answers to questions, recommendations, and to perform simple tasks like reordering previously purchased items that need to be replaced. A layer deeper, voice commerce operates on automatic speech recognition (ASR), also called voice recognition or speech-to-text. How does voice commerce work? While voice-activated shopping creates new shopping experiences for customers, it also opens up new channels for e-commerce businesses looking to obtain a competitive advantage. Automatic Speech Recognition (ASR) and Natural Language Understanding (NLU) are core components that enable voice-commerce. Automatic Speech Recognition technology or ASR allows human beings to use normal speech or voice to interact with smart devices or voice assistants. Natural Language Understanding (NLU) refers to the ability for computers to understand intent with the help of grammatical structure of and sentence and semantics. Humans have the natural ability to process language and understanding, whereas for machines a combination of such capabilities are key in understanding the intent behind human speech captured by smart devices or voice assistants. ASR, working with the artificial intelligence and machine learning that powers chat bots, allows consumers to search for and buy products and services online through voice commands. Virtual assistants translate speech to text, conduct searches, and make personalized recommendations at the speed of conversation. From there, customers decide to buy or not to buy. Voice commerce vs. conversational commerce. Although the terms may seem synonymous, voice commerce differs from conversational commerce by being more specific to using voice assistants to search and make purchases online. Conversational commerce allows consumers to interact with brands and businesses through voice assistants as well as chatbots, SMS, and apps like Facebook Messenger and WhatsApp. The conversation takes place through voice or through typing text and carrying on a conversation within a single app. Hey Alexa, what are my deals? Sure, VDA technology isn’t perfect – it’s still a work in progress when it comes to accuracy. But the growing reliability and popularity of voice search combined with the security of e-commerce is making voice commerce an increasingly popular option. Already, 65% of 25–49-year-olds interact with VDAs every day. As younger consumers like Gen Z—who tend to be comfortable with voice assistants—continue to make and influence more purchasing decisions, voice commerce will only grow. For convenience, it can’t be beat. Customers can order or reorder items like groceries, paper towels, or laundry detergent while they’re thinking of it without having to drop what they’re doing and type on a phone or computer. Making ordering as simple as telling a smart speaker what you want eliminates the friction of typing, scrolling, comparing, choosing, adding to cart, and checking out. Simply ask and you shall receive. Because virtual assistants like Alexa have a wealth of data about a consumer’s past purchases, preferences, recent search history, and other behavioral information, voice-based e-commerce offers better personalization. It’s far more likely to deliver the right recommendations, at the right time. Delivering personalized results and recommendations to customers shopping through voice-enable assistants will continue to give competitive advantage to the businesses that get it right. By the numbers: Voice commerce stats. Whatever privacy concerns consumers had about having a VDA such as Alexa, Siri, or Google Assistant in their home – always on, always listening – appear to have faded. Whether consumers are saying, “Hey, Siri,” “Hey, Alexa,” or “Okay, Google,” it’s clear that many have embraced VDAs. A few stats: 1. 72% of the people aware of voice assistants like Siri and Alexa have used voice-enabled devices. 2. By 2024, the number of digital voice assistants is expected to reach 8.4 billion units – a number higher than the world’s population. 3. 80% of consumers, on average, who have made purchases with voice assistants are satisfied with their experience. 4. Voice commerce is expected to exceed $30 billion by 2024. 5. Voice commerce grew 72% in North America due to COVID-19. With so many consumers having searched and bought online using voice assistants, this channel is primed for growth. The big winners are likely to be businesses that get ahead of the competition by preparing now. Get customers talking & let them know you’re listening. While some consumers might not be comfortable with voice commerce, or feel weird talking to Siri or Alexa outside the home, the trend is clearly moving toward weaving virtual digital assistants into everyday life. It’s one less thing to remember to do later, lightening your customer’s load and giving them just a little more brain space for the day. The convenience of ordering without pulling out your phone or hunching over a laptop will pay dividends—to you and your customers. Frequently asked questions (FAQs): 1. What is conversational commerce? Conversational commerce integrates e-commerce with modern communication technologies, allowing brands to engage with customers continuously via messaging apps, chatbots, and voice assistants. This approach enhances personalization and convenience, enabling real-time interactions, instant responses, and seamless purchasing experiences within platforms like Facebook Messenger, WhatsApp, and voice-enabled devices such as Google Assistant and Amazon Alexa. By leveraging a combination of automated systems and human interactions, conversational commerce helps businesses drive sales, foster meaningful customer relationships, and ensure ongoing customer loyalty. 2. Types of conversational commerce. Generally speaking, there are six types of conversational commerce methods that companies employ today: 1. Messaging apps: Platforms like Facebook Messenger, WhatsApp, WeChat, and Snapchat enable direct communication with company representatives, customer support, personalized recommendations, product reviews, and seamless purchasing within the app. These apps also support multimedia exchanges like memes, GIFs, and emojis to enhance engagement. 2. Live chat: Real-time chat with customer service representatives on company websites, mobile apps, or customer service portals. This improves response times, provides personalized support, and guides purchasing processes. Live chat allows agents to handle multiple conversations simultaneously, offering efficient and cost-effective service. 3. Chatbots: Automated responses to customer inquiries using AI on websites, social media platforms, and mobile apps. Chatbots provide 24/7 support, personalized shopping experiences, and the ability to handle multiple users simultaneously. They can recognize customer preferences and track purchase history for relevant suggestions. 4. Voice assistants: Voice-activated shopping, real-time responses to queries, product recommendations, and hands-free purchasing experiences through Amazon Alexa, Google Assistant, and Apple Siri. Voice assistants use voice recognition, AI, and natural language processing to facilitate intuitive, voice-based interactions. 5. Social media direct messaging: Direct interactions with customers on platforms like Instagram, Twitter, and LinkedIn. This method handles inquiries, provides customer service, and facilitates transactions through private messages, maintaining a personal touch and enhancing customer engagement. 6. AI-powered customer interaction: Advanced personalization through machine learning in integrated AI systems within mobile apps and websites. These AI copilots and assistants offer intelligent, custom solutions, handling complex queries and personalized recommendations, thereby enhancing customer engagement and experience.</script> <section class="js-post-player post-player" aria-labelledby="post-player-intro"> <div class="js-post-player__grid post-player__grid" data-post-id="82646" style="opacity: 0.1;"> <h2 id="post-player-intro" class="js-post-player__grid-intro post-player__grid-intro">Listen to article <time datetime="" class="js-post-player__intro-dur post-player__intro-dur"></time></h2> <div class="post-player__grid-play"> <button type="button" class="js-post-player__bttn post-player__bttn loading" tabindex="0" aria-label="Loading audio"></button> </div> <div class="js-post-player__grid-scrub post-player__grid-scrub" data-pos="00:00" data-dur="00:00"> <input type="range" value="0" min="0" max="100" step="1" aria-valuetext="" tabindex="0" class="js-post-player__scrub post-player__scrub" /> </div> <div class="post-player__grid-rate"> <div class="js-post-player__rate-label post-player__rate-label" aria-hidden="true">1X</div> <select tabindex="0" class="js-post-player__rate post-player__rate cover" aria-label="Playback speed"> <option value="0.5">0.5X</option> <option value="0.75">0.75X</option> <option value="1.0" selected>1X</option> <option value="1.25">1.25X</option> <option value="1.5">1.5X</option> <option value="1.75">1.75X</option> <option value="2.0">2X</option> </select> </div> <div class="post-player__grid-dl"> <a href="javascript:void(0)" target="_blank" class="js-post-player__dl post-player__dl" aria-role="button" tabindex="0" download="foc-episode.mp3"><span class="visually-hidden">Download audio as MP3</span><svg viewBox="0 0 20 20" width="20" height="20" focusable="false" aria-hidden="true"><path d="M9 13.9c.5.5 1.2.5 1.7 0l4.7-4.6c.5-.5.5-1.3 0-1.8-.4-.5-1.2-.5-1.7 0L11.1 10V1.2C11.1.5 10.6 0 10 0c-.7 0-1.3.5-1.3 1.2v8.9L6.1 7.5c-.5-.4-1.2-.4-1.7 0-.5.5-.5 1.3 0 1.8L9 13.9zm9.5-1.2c-.7 0-1.2.6-1.2 1.3v3.5H2.6V14c0-.7-.5-1.2-1.2-1.2S.2 13.3.2 14v4.8c0 .7.6 1.2 1.2 1.2h17.2c.7 0 1.2-.5 1.2-1.2v-4.9c0-.7-.6-1.2-1.3-1.2.1 0 .1 0 0 0z"/></svg> </a> </div> </div> </section> <div class="post-single-content" data-post-id="82646" data-controllers="PostSingle" data-unilnk-region="content"> <p>Building on the rapid growth of e-commerce over the last few years, voice commerce gives your customers a way to tell you exactly what they want. Consumers increasingly turn to virtual assistants and smart speakers like Alexa and Siri to not only answer their questions at home and on the go, but to make purchases without so much as the click of a mouse or tap of a screen.</p> <p>Companies leveraging voice commerce are enjoying competitive advantage and the future of voice commerce presents another ripe opportunity for brands seeking to build on the success of e-commerce.</p> <article class="js-dont-read simpe-post-embed" data-unilnk-region="post-embed"> <a href="https://www.the-future-of-commerce.com/2018/03/22/virtual-assistant-e-commerce-impact/"> <header><h3>“Alexa, what will be your impact on e-commerce?”</h3></header> <p> <img fetchpriority="high" loading="lazy" decoding="async" width="270" height="200" class="lazyload" style="" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 270 200'%3E%3C/svg%3E" data-src="https://www.the-future-of-commerce.com/wp-content/uploads/2018/03/thumbnail-b8137fbd28ca3e743a6be4227f3ec895-270x200.jpeg" alt="Voice is a consumer channel, with conversational commerce expected to reach $40 billion by 2022. What will be the impact of the virtual assistant on e-commerce?" /> <span>Voice is now a consumer channel, with conversational commerce expected to reach $34 billion by 2034. Does your organizational strategy include voice? It should.</span> </p> </a> </article> <h2><strong>What is voice commerce?</strong></h2> <p><strong><span style="color: #0077cc;"><span class="h3">Voice commerce is defined as the process where consumers search for and purchase products using voice commands. It is also referred to as voice shopping or voice-activated shopping. Customers interact with smart speakers and voice assistants or virtual digital assistants (VDAs) such as Amazon Alexa, Google Assistant, or Apple’s Siri to make online purchases.</span></span></strong></p> <p>Rather than typing on an interface such as an app on a smartphone or a browser on a laptop, customers ask their favorite voice assistant for answers to questions, recommendations, and to perform simple tasks like reordering previously purchased items that need to be replaced.</p> <p style="text-align: left;">A layer deeper, voice commerce operates on automatic speech recognition (ASR), also called voice recognition or speech-to-text.</p> <h2>How does voice commerce work?</h2> <p>While voice-activated shopping creates new shopping experiences for customers, it also opens up new channels for e-commerce businesses looking to obtain a competitive advantage. Automatic Speech Recognition (ASR) and Natural Language Understanding (NLU) are core components that enable voice-commerce.</p> <p>Automatic Speech Recognition technology or ASR allows human beings to use normal speech or voice to interact with smart devices or voice assistants.</p> <p>Natural Language Understanding (NLU) refers to the ability for computers to understand intent with the help of grammatical structure of and sentence and semantics. Humans have the natural ability to process language and understanding, whereas for machines a combination of such capabilities are key in understanding the intent behind human speech captured by smart devices or voice assistants.</p> <p style="text-align: center;"><em><span style="color: #0077cc;"><span class="h2">ASR, working with the artificial intelligence and machine learning that powers chat bots, allows consumers to search for and buy products and services online through voice commands.</span></span></em></p> <p><a href="https://www.the-future-of-commerce.com/2018/03/22/virtual-assistant-e-commerce-impact/">Virtual assistants</a> translate speech to text, conduct searches, and make personalized recommendations at the speed of conversation. From there, customers decide to buy or not to buy.</p> <article class="js-dont-read simpe-post-embed" data-unilnk-region="post-embed"> <a href="https://www.the-future-of-commerce.com/2018/10/25/customer-experience-in-2030-will-look-like-this/"> <header><h3>Customer experience in 2030: This is how it looks</h3></header> <p> <img loading="lazy" decoding="async" width="270" height="200" class="lazyload" style="" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 270 200'%3E%3C/svg%3E" data-src="https://www.the-future-of-commerce.com/wp-content/uploads/2018/10/thumbnail-a92b374f144f06bb698174e0f0e63f43-270x200.jpeg" alt="The customer experience more important than ever, and will remain as such. Meet the future: This is the face of customer experience in 2030." /> <span>The face of retail is drastically changing, and customer experience is more important than ever. This is how customer experience will look in 2030.</span> </p> </a> </article> <h2><strong>Voice commerce vs. conversational commerce</strong></h2> <p><span style="color: #0077cc;"><span class="h3">Although the terms may seem synonymous, voice commerce differs from conversational commerce by being more specific to using voice assistants to search and make purchases online.</span></span></p> <p><a href="https://www.the-future-of-commerce.com/2018/03/30/infographic-conversational-commerce/">Conversational commerce</a> allows consumers to interact with brands and businesses through voice assistants as well as chatbots, SMS, and apps like Facebook Messenger and WhatsApp. The conversation takes place through voice or through typing text and carrying on a conversation within a single app.</p> <article class="js-dont-read simpe-post-embed" data-unilnk-region="post-embed"> <a href="https://www.the-future-of-commerce.com/2021/04/21/2021-ecommerce-trends/"> <header><h3>Click, click, buy: e-commerce trends driven by DTC, mobile, social</h3></header> <p> <img loading="lazy" decoding="async" width="270" height="200" class="lazyload" style="" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 270 200'%3E%3C/svg%3E" data-src="https://www.the-future-of-commerce.com/wp-content/uploads/2021/04/2021-e-commerce-trends-270x200.jpeg" alt="2021 e-commerce trends reflect a society that's forever changed. Brands must focus on DTC, mobile, social as a search tool, and data." /> <span>E-commerce trends reflect a society that's forever changed. Brands must focus on DTC, mobile, social as a search tool, and data.</span> </p> </a> </article> <h2>Hey Alexa, what are my deals?</h2> <p><span style="color: #0077cc;"><span class="h3">Sure, VDA technology isn’t perfect – it’s still a work in progress when it comes to accuracy. But the growing reliability and popularity of voice search combined with the security of e-commerce is making <a style="color: #0077cc;" href="https://www.the-future-of-commerce.com/2018/03/27/how-conversational-commerce-will-change-retail/">voice commerce</a> an increasingly popular option.</span></span></p> <p>Already, <a href="https://www.pwc.com/us/en/services/consulting/library/consumer-intelligence-series/voice-assistants.html">65% of 25–49-year-olds interact with VDAs</a> every day. As younger consumers like Gen Z—who tend to be comfortable with voice assistants—continue to make and influence more purchasing decisions, voice commerce will only grow.</p> <p>For convenience, it can’t be beat. Customers can order or reorder items like groceries, paper towels, or laundry detergent while they’re thinking of it without having to drop what they’re doing and type on a phone or computer.</p> <p style="text-align: center;"><em><span style="color: #0077cc;"><span class="h2">Making ordering as simple as telling a smart speaker what you want eliminates the friction of typing, scrolling, comparing, choosing, adding to cart, and checking out. Simply ask and you shall receive.</span></span></em></p> <p>Because virtual assistants like Alexa have a wealth of data about a consumer’s past purchases, preferences, recent search history, and other behavioral information, voice-based e-commerce offers better personalization. It’s far more likely to deliver the right recommendations, at the right time.</p> <p>Delivering personalized results and recommendations to customers shopping through voice-enable assistants will continue to give competitive advantage to the businesses that get it right.</p> <article class="js-dont-read simpe-post-embed" data-unilnk-region="post-embed"> <a href="https://www.the-future-of-commerce.com/2018/02/08/ai-delivers-opportunities-voice-activated-devices/"> <header><h3>Talking trust: AI delivers new opportunities with voice-activated devices</h3></header> <p> <img loading="lazy" decoding="async" width="270" height="200" class="lazyload" style="" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 270 200'%3E%3C/svg%3E" data-src="https://www.the-future-of-commerce.com/wp-content/uploads/2018/02/thumbnail-4774d3a32f10aef5c9bfa0b3e1e11fe5-270x200.jpeg" alt="Talking_trust_FTR.jpg" /> <span>AI delivers big opportunities to brands via voice-activated devices, but first they need to establish trust with consumers.</span> </p> </a> </article> <h2>By the numbers: Voice commerce stats</h2> <p>Whatever privacy concerns consumers had about having a VDA such as Alexa, Siri, or Google Assistant in their home – always on, always listening – appear to have faded.</p> <p><span style="color: #0077cc;"><span class="h3">Whether consumers are saying, “Hey, Siri,” “Hey, Alexa,” or “Okay, Google,” it’s clear that many have embraced VDAs. A few stats:</span></span></p> <ol> <li><strong>72% of the people aware of voice assistants like Siri and Alexa have used voice-enabled devices</strong></li> <li><strong>By 2024, the number of digital voice assistants is <a href="https://www.statista.com/statistics/973815/worldwide-digital-voice-assistant-in-use/">expected to reach 8.4 billion units</a> – a number higher than the world’s population</strong></li> <li><strong>80% of consumers, on average, who have made purchases with voice assistants are satisfied with their experience</strong></li> <li><strong>Voice commerce is expected to exceed $30 billion by 2024</strong></li> <li><strong><a href="https://www.statista.com/topics/5406/voice-commerce-in-the-united-states/#topicHeader__wrapper">Voice commerce grew 72% in North America</a> due to COVID-19</strong></li> </ol> <p>With so many consumers having searched and bought online using voice assistants, this channel is primed for growth. The big winners are likely to be businesses that get ahead of the competition by preparing now.</p> <article class="js-dont-read simpe-post-embed" data-unilnk-region="post-embed"> <a href="https://www.the-future-of-commerce.com/2021/07/01/future-of-online-shopping-ai-and-machine-learning/"> <header><h3>The future of online shopping gets real with AI and machine learning</h3></header> <p> <img loading="lazy" decoding="async" width="270" height="200" class="lazyload" style="" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 270 200'%3E%3C/svg%3E" data-src="https://www.the-future-of-commerce.com/wp-content/uploads/2021/07/future-of-online-shopping_FTR-270x200.jpeg" alt="A robot - AI hand holds a laptop with people on the screen, surrounded by text boxes. The future of online shopping has customization, virtual try-ons, and personalization for customers." /> <span>AI and machine learning have starring roles in the future of online shopping. Retailers that leverage these technologies effectively can build brand loyalty for years to come.</span> </p> </a> </article> <h2><strong>Get customers talking & let them know you’re listening</strong></h2> <p>While some consumers might not be comfortable with voice commerce, or feel weird talking to Siri or Alexa outside the home, the trend is clearly moving toward weaving virtual digital assistants into everyday life.</p> <p>It’s one less thing to remember to do later, lightening your customer’s load and giving them just a little more brain space for the day. The convenience of ordering without pulling out your phone or hunching over a laptop will pay dividends—to you and your customers.</p> <div class="js-dont-read" data-unilnk-region="post-cta" lang="en"><h2 style="text-align: center;"><em><span style="color: #d82289;">Every digital moment matters.<br /> Are you making the most of them?</span><br /> </em><em><span style="color: #686868;">1,000 business leaders dish on how to stand out from the crowd with a great CX. Get the details</span> <a href="https://www.sap.com/products/crm.html?source=blogs-glo-FoC&pdf-asset=2a77b8b6-ac7e-0010-bca6-c68f7e60039b&page=1"><span style="color: #0077cc;">HERE</span></a>.</em><em> </em></h2> </div> <div id='jp-relatedposts' class='jp-relatedposts' > </div> </div> <section aria-labelledby="faqs-h2" class="faqs" data-unilnk-region="faqs"> <h2 id="faqs-h2" class="faqs__h2">Frequently asked questions (FAQs):</h2> <div class="faqs__wrap"> <div class="faqs__row"> <h3 class="faqs__h3 "><button id="faq_question0" class="js-faqs__button faqs__button expanded" aria-expanded="false" aria-controls="faq_answer0">What is conversational commerce?</button></h3> <div id="faq_answer0" class="faqs__expander expanded" role="region" aria-labelledby="faq_question0"><p>Conversational commerce integrates e-commerce with modern communication technologies, allowing brands to engage with customers continuously via messaging apps, chatbots, and voice assistants. This approach enhances personalization and convenience, enabling real-time interactions, instant responses, and seamless purchasing experiences within platforms like Facebook Messenger, WhatsApp, and voice-enabled devices such as Google Assistant and Amazon Alexa. By leveraging a combination of automated systems and human interactions, conversational commerce helps businesses drive sales, foster meaningful customer relationships, and ensure ongoing customer loyalty.</p> </div> </div> <div class="faqs__row"> <h3 class="faqs__h3 "><button id="faq_question1" class="js-faqs__button faqs__button expanded" aria-expanded="false" aria-controls="faq_answer1">Types of conversational commerce</button></h3> <div id="faq_answer1" class="faqs__expander expanded" role="region" aria-labelledby="faq_question1"><p>Generally speaking, there are six types of conversational commerce methods that companies employ today:</p> <ol> <li><strong>Messaging apps:</strong> Platforms like Facebook Messenger, WhatsApp, WeChat, and Snapchat enable direct communication with company representatives, customer support, personalized recommendations, product reviews, and seamless purchasing within the app. These apps also support multimedia exchanges like memes, GIFs, and emojis to enhance engagement.</li> <li><strong>Live chat:</strong> Real-time chat with customer service representatives on company websites, mobile apps, or customer service portals. This improves response times, provides personalized support, and guides purchasing processes. Live chat allows agents to handle multiple conversations simultaneously, offering efficient and cost-effective service.</li> <li><strong>Chatbots:</strong> Automated responses to customer inquiries using AI on websites, social media platforms, and mobile apps. Chatbots provide 24/7 support, personalized shopping experiences, and the ability to handle multiple users simultaneously. They can recognize customer preferences and track purchase history for relevant suggestions.</li> <li><strong>Voice assistants:</strong> Voice-activated shopping, real-time responses to queries, product recommendations, and hands-free purchasing experiences through Amazon Alexa, Google Assistant, and Apple Siri. Voice assistants use voice recognition, AI, and natural language processing to facilitate intuitive, voice-based interactions.</li> <li><strong>Social media direct messaging:</strong> Direct interactions with customers on platforms like Instagram, Twitter, and LinkedIn. This method handles inquiries, provides customer service, and facilitates transactions through private messages, maintaining a personal touch and enhancing customer engagement.</li> <li><strong>AI-powered customer interaction:</strong> Advanced personalization through machine learning in integrated AI systems within mobile apps and websites. These AI copilots and assistants offer intelligent, custom solutions, handling complex queries and personalized recommendations, thereby enhancing customer engagement and experience.</li> </ol> </div> </div> </div> </section> </main> <aside class="post-single-sidebar" data-unilnk-region="right-rail"> <section aria-labelledby="post-sidebar-author-h2" class="post-single-author" data-unilnk-region="author" lang="en"> <h2 id="post-sidebar-author-h2" class="visually-hidden">Written by</h2> <div class="post-single-author-wrap"> <div class="post-single-author-left"> <a href="https://www.the-future-of-commerce.com/contributor/josh-maday/"><img src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://www.the-future-of-commerce.com/wp-content/uploads/2018/04/Josh-Maday-profile-pic-150x150.jpg" width="82" height="82" alt="Josh Maday" class="post-single-author-image lazyload"></a> </div> <div class="post-single-author-right"> <address 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