Your online store is open to everyone - the multitaskers, the
overachievers, the differently abled, those stuck in traffic, or to
someone who's just having a lazy day.
Wouldn't they love to have the luxury of shopping
hands-free?
That's precisely where voice commerce plays a vital role.
This guide will help you understand what voice commerce is, why
it is important for your eCommerce business, and how your website can be
optimized for it.
What is voice commerce?
To put it simply, voice commerce enables eCommerce businesses to assist
customers with online shopping through voice recognition technology.
Customers simply need to give voice commands to their smart
devices and find what they’re looking for easily. They can place orders,
make payments, and track orders too. When the order has arrived at their
doorstep, they can also provide voice feedback, place a return or refund
request or reorder that product from sellers.
Virtual Digital Assistants (VDA), such as
Google Assistant, Siri, or Amazon Alexa, can go beyond just shopping and
bring convenience to day-to-day activities. These voice assistants can
also “talk to” multiple devices like smart speakers, mobile phones,
laptops, tablets, etc connected together with automated systems through
IoT technology.
As of early 2021, at least 32% of Americans own a smart speaker, and at
least 85% own a smartphone.
Why is voice commerce so
important today?
As brands compete for customers and revenue, it is more vital than ever
to include voice commerce in their eCommerce strategies before they are
outpaced by voice-enabled competitors.
1.
Spike in the global voice recognition market size
The best thing about voice search is that it can be used on
devices that go beyond computers and mobile phones. In the US,
in-car voice assistants are the
second-most used voice assistant technology.
Increasing mobile shopping trends and advancements
in AI technology, machine learning, and speech technology, drive
growth in the voice recognition market.
The global voice recognition market size was
forecast to grow from 10.7 billion U.S.
dollars in 2020 to 27.16 billion U.S.
dollars by 2026. The estimated CAGR from
2021 to 2026 amounts to.
A 2021 Statista survey carried out in the
United States showed that:
90% of users use Siri on their mobile phones
75% of users use Google Assistant on their mobile phones
66% of users use Alexa with their Amazon Echo smart
speakers
According to Research and Markets’s report dated June
2022, the key factors contributing to the growth of the speech
and voice recognition market include increasing demand in
healthcare for improving efficiency and the growing use of smart
appliances during the forecast period.
Another report dated September 2022 suggests
increased demand for speech-based biometric systems for
multifactor authentication, growing demand for voice
authentication in mobile banking applications, and growth in
voice control-based smart assistive devices in consumer and
enterprise verticals.
2.
More personalization with voice commerce
Ecommerce companies can now offer personalized shopping
experiences as voice recognition can now differentiate a
person’s voice from another based on factors like the tone of
voice, accent, pitch, etc.
Positive shopping experiences can lead to increased loyalty,
trust, and purchases.
On average, 80% of consumers who have shopped using their voice
assistant are satisfied, and as a result:
39% shared their positive experiences with family and
friends
39% repurchased from the same retailer
36% have a more favorable opinion of the retailer
24% spent more money with the retailer
It can also understand the behavioral patterns of users like
shopping styles,
By saving past order histories, Voice AI provides be used to set
filters and provide personalized recommendations. It can also
understand the behavioral patterns of users like shopping style
and more based on data collected from past orders.
Vocal commerce allows people to order, reorder, and set reminders
for frequently purchased items using voice commands while
sitting at home, traveling, or multitasking.
This has taken ordering groceries and household supplies to a
whole new level.
3.
Mobile shopping boosts voice search
Mobile accounts for approximately half of
the web traffic worldwide. In the second
quarter of 2022, mobile devices (excluding
tablets) generated 58.99 percent of global
website traffic.
eCommerce has rapidly moved to mobile commerce. And this is mainly due
to consumers looking for more convenient ways to shop.
27% of online users are using voice search
on mobile globally.
A voice search feature is an important factor for mobile shopping
platforms these days. It lets you hail a cab, order food, buy
clothes, and even buy a car!
By now we have realized that the driving factor behind every
eCommerce activity is its ease of use and customer experience.
And voice search is the perfect example of that.
Mobile shoppers can use a voice search feature to find the right
products, get hyper-personalized recommendations
, pay for the products and also track their order status.
It eliminates the hassle of having to type in queries and search
for them. The AI in voice recognition also makes note of the
customer’s likes and preferences further optimizing the customer
experience when they visit the mobile app next time.
Voice search in a mobile shopping app is a great way to build
customer engagement like the Scotch whiskey brand, Johnnie
Walker does.
A voice search feature is used to provide virtual assistance
that explains their whiskey and helps users build a connection
with the brand. Users answer questions about their preferences,
and then the most appropriate Johnnie Walker product is
suggested.
So if your mobile commerce platforms have voice search
optimization, you can exponentially increase sales.
4.
Google keeps getting better and better at search
Over 80% of searches worldwide occur on Google and it processes
hundreds of millions of voice search queries per day. Google is
constantly evolving its search functionality, simultaneously
taking voice, visual and semantic search to new levels.
Users can also shop directly from Google’s voice search feature
to buy products and get personalized search results when using
Google search.
Google also lets users find and control the personalized search
results they receive.
Using Discover in the Google mobile app, you'll see suggested
styles based on what you've been shopping for, and what others
have searched for too. You can personalize the Discover feed
(previously called Google Feed) to suit your needs and interest.
From Sep 28, 2022, Google lets you see shortcuts right under the
search bar to shop your screenshots, translates text with your
camera, hum to search, and more.
Its new AI milestone, the MUM update will make voice search 1000x better than BERT.
Google says on average, it can take people eight searches to
complete complex tasks. MUM aims to require fewer searches and
meet the needs of the users faster.
It has the ability to understand a search query, look for
relevant search results, and ‘generate language’ in a way that
would sound like a human expert speaking instead of a paragraph
snippet taken off the internet.
It is also trained in 75 different languages at once
(multi-lingual) and can go beyond the normal search results like
finding information written in another language and translating
it for you. MUM can also manage data in multiple formats. It can
parse text from images and videos, giving it a multi-sensory
experience (multi-modal).
5.
Increased adoption of conversational commerce and AI
chatbots
Conversational commerce allows brands to engage with consumers
through live representatives and AI assistants to discuss
offerings, make purchases, and receive services.
When you decide to start running, you would probably want to
speak to a sales associate in a store to figure out what sort of
shoes would be most helpful. This type of interaction can be
automated using conversational commerce.
With conversational commerce, customers can engage with your
business, receive advice and personalized recommendations, read
reviews, and complete purchases.
This can be done through a messaging app (like Facebook,
Instagram, or WhatsApp) or through a virtual assistant (like
Amazon Alexa or Google Home).
Consumers spend more when voice shopping than when engaging in
traditional eCommerce models.
Online shoppers who used a voice assistant
spent $136 more on average than those who
shopped solely online.
The best way to capitalize on this is by using conversational AI
to provide consumers with fast, relevant, and useful suggestions
that they are eager to engage in via monetizable moments.
To accomplish this, you should integrate suggestion-based
purchase opportunities as an answer to questions they are
already asking.
A customer, for instance, asks the voice assistant to recommend
badminton rackets. After showing the rackets, the voice
assistant can also suggest badminton shoes, increasing the
average order value.
Conversational commerce combines eCommerce convenience with
in-store comfort. Ultimately, this reduces the friction of
online shopping and adds significantly more value than chatbots.
67% of buyers plan to increase or maintain
their conversational commerce spending.
This indicates a strong consumer demand for the approach.
A great example of this is eBay’s Shopping Assistant Program.
The eBay Shopping Assistant enables
customers to shop and place orders through their Google Home
devices via Google Assistant by saying, "Ask eBay".
Here, consumers can explore available merchandise, inquire about
bargains, and also discover how much their items may be worth on
eBay.
AI chatbots
Some of the best platforms that can help you build a
voice-enabled chatbot include
Ewiz commerce
offers B2B and B2C companies a complete AI-powered
eCommerce platform with an AI chatbot that can help ease
and smoothen customer service.
Amazon Lex:
They enable the building of conversational interfaces
for any application using both voice and text. It uses
the same technology as Alexa's virtual assistant.
Mindsay: They
offer companies a wide range of customer service
automation solutions on multiple platforms, allowing
them to maximize workflow automation and reduce the
total cost of ownership.
6.
Convenience affects purchase decisions
Voice and speech recognition technology has positively impacted
eCommerce businesses around the world, improving overall
earnings and customer satisfaction.
eCommerce purchases made through voice
assistants are expected to grow from 4.6
billion USD in 2021 to 19.4 billion USD in
2023.
Voice commerce is changing more than where and how customers
shop. It is also changing how they shop.
62% of voice-enabled speaker owners have
bought items via voice commerce.
Be it checking for product availability, comparing prices, or
window shopping, voice commerce simply makes shopping easy and
faster.
Over 71% of wearable device owners predict
they will do more voice searches in the
future.
Here’s a peek into how voice commerce has taken ordering
groceries and household supplies to a whole new level.
Through a partnership with Google, Walmart has developed Walmart
Voice Order, which lets customers order groceries using a simple
voice command:
"Hey Google, talk to Walmart."
It can quickly and accurately identify the items customers are
asking for with the help of information from their prior
purchases.
When a customer says "add milk to my cart,"
they'll simply add the milk the customer normally buys.
Instead of saying "1 gallon of 1% Great Value organic
milk," they'll say "milk."
It’s cross-platform, so customers can use any device that uses
Google Assistant, and the items can be directly added to a
shopping cart.
A similar collaboration by Google with Carrefour in France
enables shoppers to purchase groceries using Google Assistant.
Amazon is also integrating the same concept with Amazon Fresh.
The platform allows customers to order groceries with any
Alexa-enabled device. The device can also memorize the user's
favorites and preferred brands, helping future transactions run
more smoothly.
How to
optimize your website or app for voice commerce?
It is essential that you make sure that you are easily discoverable if a
customer searches for the product or service you are offering. As of
early 2021, at least 32% of Americans own a smart speaker, and at
least 85% own a smartphone.
Here are some strategies to help your online eCommerce store or mobile shopping app become more “voice
friendly”.
1.
Aim for ‘Position Zero’
Add an FAQ section that answers important questions in a
conversational tone to improve your chance of organically ranking on
google as a featured snippet.
2.
Optimize for spoken searches
You might normally type “Weather in New York today,” but with a
voice query you’d be more likely to say, “ Will it snow in New York
today?”. Optimize your content accordingly.
3.
Use a semantic strategy
Semantic SEO goes beyond keywords. Search results show based on the
intent. contextual meaning and related phrases.
4.
Improve your site structure
Implement schema markup and structured data in your HTML code. This
will help boost your chances of higher rankings.
5.
Improve your site speed
Your site and pages should be fast enough for people to access
information for both voice and text-based queries on every device
including mobile, laptop, or smart speaker.
6.
Improve search efficiency
for location
People often look for “shops near me” or “stores that deliver to
their location”. Register your company on Google My Business and
other local listings.
7.
Make the most of Discovery
Shopping Ads
Improve your product discovery and reach up to 3 billion customers
across Google's feeds to achieve your performance goals in Google
Ads.
8.
Take the multilingual
approach
Google Translate, for example, uses a neural machine translation
system to convert text on a page into other languages.
9.
Implement text-to-audio
functionality
This will help your visitors listen to long-form blogs and guides
through audio while they’re busy with other activities. Preferably
aim to write in the first person.
10.
Your website should be fast
and responsive
Compress heavy files to load faster. Ideally, your website must load
within 3 seconds. Optimize your content to respond to multiple
devices.
11.
Implement a voice assistant
or voice search option on your website
If you own an eCommerce website, it's time to implement your very own
AI-enabled voice search option into the search bar. A site optimized
for voice search makes it faster and easier for other virtual
assistants to find and process the data on your website.
So don’t worry if your voice search is not advanced as google
assistant or Siri. As long as you’ve tried to optimize your online
store for voice, these advanced assistants will help bring more
customers to your store.
What can voice do to boost
your eCommerce business?
If you own an eCommerce website, it's time to implement your very own
AI-enabled voice search option into the search bar. Even if it's not as
advanced as a virtual assistant like Alexa or Siri, it’ll still help
these assistants bring in more customers to your store if you’ve
optimized your eCommerce website for voice commerce.
An optimized site makes it faster and easier for voice assistants to
process the data on your website. And this is why you need to implement
voice search optimization into your digital eCommerce strategy.
1.
Voice search makes shopping
faster
We can speak faster than we can type, so it's faster
to use voice than any other medium.
35% of adults ages 18-29 prefer voice commerce for
their shopping experience because of its ease of
use.
The backend algorithms in every voice assistant save the data from each
and every interaction you have with it. The complex AI can then help you
expedite shopping by only suggesting products that a customer would
like.
Virgin Trains in the UK realized this and
launched an Alexa Skill to allow passengers to book train tickets using
voice. This enabled passengers to book any Advance Single ticket via
Alexa-enabled devices and pay through their Amazon account.
The average time it takes to book a ticket online is seven
minutes and we've got the booking time down to two minutes on
the Alexa Skill.
— John Sullivan, chief information officer at Virgin
Trains.
The Alexa Skill allows customers to search for tickets without having to
manually tap, type, and search. They can simply speak to the device to
search for tickets and expedite the payment with their Amazon account.
2.
Voice commerce improves
product discovery
Through voice commerce, your brand is introduced to a wider audience by
recommending products to people whose needs are compatible with your
products.
When shoppers use it to discover products, you can easily convert them
into customers.
51% of people who shop with voice use it to research products. —
Narvar
So if your products are easily discovered, you can convert more
customers, even the ones making impulse purchases.
Unlike text-based searches, voice shopping assistants offer one single
answer instead of displaying thousands of results. To make sure that
this result is your product, your voice search optimization needs to be
on point.
Patrón's Tequila uses this channel to reach a considerably larger
audience.
Patrón Cocktail Lab is the world's first
data-driven cocktail recommendation engine. It allows users to ask their
voice assistants for tequila or cocktail recipes and receive
recommendations personalized to their taste.
Patrón’s Cocktail Lab offers carefully curated recipes based on customer
preferences, behavioral insights, local trends, and occasions.
By understanding what customers want to drink when and how the Cocktail
Lab has made a lasting impact on marketing and the organization as a
whole.
The results:
It now sells 5x more than its closest competitor
An increase of 800% in cocktail recipes
Increase of 38% in site traffic
More than 2 million page views
Cocktail pages saw a 109% increase in traffic
Not only were they able to increase engagement but also improve sales and
product discovery. You can watch it here.
3.
Voice makes personalized
shopping experiences easier to deliver
Voice shopping can be a powerful business tool if it incorporates the
power of personalization. And this is because 80% of customers will be more likely to spend
more on a brand that provides personalized service.
I feel there is a tremendous opportunity to invest in a strong
artificial intelligence engine and be able to really talk to
each and every customer in a very personalized way. It’s one
thing to use voice for basic research, but it’s much more
compelling if you can let someone research and then have it
refer to their customer profile and start recommending products
that are unique to this person.
— Genevieve Chamard, North American Partnership
Strategy Leader, Digital Retail and Manufacturing at
Capgemini
The concept of personalization can be as simple as addressing a customer
by name or as complex as recommending a niche product range based on
data collected about a customer's preferences.
And some of the best ways to personalize a voice experience include:
Quick reordering
Past order histories can be saved by voice assistants so reordering is as
easy as asking for it. Users simply have to speak their request and the
item is promptly purchased.
35% of consumers believe voice is good for
reordering products.
Making reordering fast, easy, and convenient helps brands increase
customer loyalty.
Preferences and filters
Voice assistants make shopping easier by only suggesting products within
a customer’s preference or filter parameters. For instance, saving any
allergies or dietary restrictions saves time when shopping for
groceries, and improves the personalization of product recommendations.
Recommendations based on customer data
Each time a customer uses voice to search or purchase products, the AI
stores all the relevant data necessary to determine the likes and
dislikes of the customer. The AI can then provide hyper-personalized and
relevant recommendations.
83% of voice shoppers are confident in the
recommendations given to them by their digital
assistants.
Voice profiles
Voice assistants use voice profiles to detect and cater to different
people individually. This allows customers to get relevant recommendations based on their likes,
dislikes, and preferred settings.
Alexa introduced voice profiles in 2017,
providing individual information such as calendars, emails, shopping,
and music accounts. Google Home followed soon after with its ability to
identify different routines, lighting, and other preferences.
4.
Voice makes reviewing easier
and more meaningful
Voice-activated search in eCommerce has made it easier for customers to
leave reviews. As a result customer reviews become more genuine and
meaningful, which in turn benefits both the company and the product.
91% of 18-34-year-olds trust online reviews as much
as personal recommendations. — Bright Local
Vocal assistants ask for specific questions and ratings rather than long
feedback, and they do so without requiring users to sign in or type.
Also, products with great reviews typically appear at the top of the list
of voice-enabled search results, so voice shoppers can easily find them.
5.
Voice commerce makes payments simple
Voice is a remarkable way to improve payment speed and efficiency in
eCommerce.
Smart home devices will carry out more than $164
billion worth of transactions in 2025.
That’s more than 630% growth in five years from $22
billion in 2020.
If a voice assistant has the user's payment details on hand, it can
complete the purchase by simple voice command. Voice recognition
technology is used to ensure that the purchase command is given by the
right person and not an unauthorized individual in order to prevent
misuse of the technology.
Some of the best banks in the world have already adopted voice technology
for their banking transactions:
Capital One uses Alexa to allow customers to
make hands-free payments, view account balances, and track their
spending habits.
Barclays customers can pay contacts quickly
using Siri without opening their banking apps.
Santander's allows customers in the UK can
make payments, transfer funds, and report lost or stolen cards
through voice commands.
U.S. Bank’s Smart Assistant is compatible with
Alexa, Google Assistant, and Siri to help people carry out
transactions and manage their accounts.
Bank of America's Erica, is a personal finance
assistant that can help make payments, check account balances,
and even monitor a consumer's credit score.
PayPal customers can now complete transactions
using Siri. A command such as "Siri, pay $20 to Alex using
PayPal" will link them to Paypal, bring up a transaction page,
and allow them to approve the transaction.
.
6.
Voice assistants boost eCommerce sales
No matter if it is Apple's Siri, Google Assistant, or Amazon's Alexa,
users simply have to choose a command to invoke these virtual
assistants, and they can begin shopping right away.
If you sell on your own website or a marketplace like Amazon or Flipkart,
optimizing your SEO rankings can help you become the recommended choice
for these voice assistants on all major search engines.
To do so will require you to have:
Lots of positive product ratings
Relatively low rates of return
Positive feedback from sellers
By doing this, you can ensure that a search query on Google, Amazon or
even Bing will lead them to your eCommerce product or store first and
increase your sales.
Another great option is to develop your own Alexa Skills to optimize commands that can help
you sell content or services within the skill itself. This is similar to
in-app purchases on a phone.
Ultimately, voice assistants are a great way to boost digital eCommerce sales. With proper voice
search optimization and an innovative strategy, sellers can leverage
this technology to increase their sales substantially.
Case Study: How does Alexa dominate Voice
Commerce?
Alexa is taking the voice commerce market by storm and here are some
statistics to prove it:
As of 2020, 70% of smart speaker owners in the US used Amazon
Echo. — Tech Crunch
Amazon has 26.7% of the market share of global smart speakers in
2021, the highest share of any vendor. — Statista
53% of all voice commands are directed to Alexa devices. — Voicebot
Amazon is currently leading the voice commerce market with its
availability on more than 100 thousand devices. And sellers should make
the most of it.
The following are Amazon's main strategies for dominating the voice
commerce market with Alexa.
There are two ways in which Alexa can be used for voice shopping.
1. In-skill purchases
With in-skill purchasing, you can sell premium
content, such as game features and interactive stories, to your
customers by developing your own Alexa skills.
Customers can buy products by their name or by suggestions based on their
interests, and they can use the payment options associated with their
Amazon account to pay for these products.
Ocaldo’s Alexa Skill helps customers add
products to their shopping lists. It lets customers add items and remove
items from future or completed orders. They can also request updates on
order status and ask what's in season.
Additionally, the skill makes eCommerce more accessible for visually
impaired customers.
2. Purchasing directly through the Amazon website
Customers can purchase products directly through Amazon's Echo devices.
All they need is an Amazon Prime membership with a valid payment method
and address.
Once this is implemented, customers can simply tell their voice-activated
device what they want, such as "what's the best smartphone", "add
toothpaste to my cart", etc.
As soon as they are satisfied with the chosen product, they can use voice
to complete the purchase, track shipping, or even manage their accounts.
The secret of Amazon’s voice commerce success is its open approach to
every seller on the market. They literally give you a resource guide to help you become one of their
top merchants.
Alexa for Business aims to bring voice assistant
technology and Echo devices into a business setting, allowing device
makers to build their own solutions that incorporate Alexa into them.
You can use this to schedule meetings, inform meeting participants of a
delay, manage your calendar, read and respond to emails, get
work-related updates, and much more.
Ultimately, not only is Alexa helping businesses sell their products
through voice but it is also enabling them to better manage their
businesses.
You can watch how to do it here.
Using the building blocks of Alexa, Amazon is offering other companies
the ability to create their own automated versions with
Alexa Custom Assistant.
Fiat Chrysler Automobiles (FCA) is the first
automaker to roll it out. The automaker's custom voice assistant will
work alongside the Amazon Alexa virtual assistant.
Using it can allow people to pay for gas, roll down their windows, check
the weather at their destination, navigate roads and traffic, and so
much more.
You can watch it here.
Essentially, Amazon is ensuring multiple revenue streams with its AI
application in every possible way. And this is what makes it dominate
the voice commerce space.
To summarize
People love shopping online. And making shopping the most convenient
and memorable experience for customers is a race that every B2C or
B2B eCommerce business has to participate in.
And so, as the story goes with any technology trend
that enables eCommerce, the future of voice technology is only going
to get stronger and better. As it’s said,
“The early bird gets the worm.”
So, if you want to capitalize on the estimated 27.16 billion US
dollar global voice recognition market by 2026, you’ve got to start
right now.
Need help
with
implementing
voice commerce
in your business?
Talk to our
experts today!
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Jovita Mendonca
Content Marketing Manager,
ewiz commerce
Jovita Elveera heads content marketing at ewiz commerce, an
AI-powered eCommerce platform. As a software engineer, marketer,
editor, and writer, she is responsible for communicating the
insights and research around the emerging trends in artificial
intelligence
in eCommerce and frequently writes about it.