The headless commerce movement is a growing threat to the free and open market. This can be seen in the increasing number of regulations on online transactions and products. It is also being used by those who want to limit competition with obsolete technologies, such as internet telemedicine and telewires. To make matters more alarming, the term headless commerce has been used for the first time this week in an article about digital provisioning software as a threat to open supply chains. For many companies, digital provisioning is just one of several possible security options that need to be considered before connecting new customers or collaborating with suppliers. However, not all suppliers are ready to adopt every piece of this emerging security landscape, leaving some businesses running on non-standard payment methods or limited financial resources. We have written about the impact headless commerce will have on the global supply chain in our previous blog post ‘The global supply chain: what’s at stake . Check out our previous post again if you don’t feel comfortable exploring deeper into this topic! This article will focus specifically on headless commerce and its potential implications for international trade and e-commerce adoption in general. In this article we will explore how the term headless commerce describes various threats to the free market and industry as a whole, why it may occur and what consumers should do about it.
What is headless commerce?
The headless enterprise is a type of digital supply chain that doesn’t involve any human parties. Consumers place orders with a digital service provider, who then fulfills the order and keeps the customer’s order receipt. In this scenario, the supplier doesn’t need to keep a record of the customer’s order. The customer just needs to give the supplier the proper payment method and the supplier can’t keep track of the payment process itself.
How bad is headless commerce in practice?
To put the number of consumers who think headless commerce is a nice idea in context, it is worth noting that the global market for smartphones is worth $100 billion in 2020, up from just $50 billion in 2006. This means that when consumers start using smartphones as a way to buy and sell products, a lot of them will be doing so without any record-keeping or human intermediaries involved. When it comes time to distribute the products, customers will be able to just hand the device over to a digital supplier without having to worry about any records getting keeping track of it.
What does the term mean and how does it work?
When it comes to the term headless market, there are a few marketing terms that stand out: inspire, invite, and encourage. The first describes a supplier’s initiative to make it available for customers, while the latter refers to a customer’s invitation to use a particular service.
The headless market: what’s happening now and how it could affect e-commerce in the future
We have already mentioned the impact of headless commerce on the global supply chain, but what about the headless market itself? The global headless marketplace currently consists of more than 50 million shipping containers with a wide range of sensors and automation equipment. More than half of these containers have sensors that allow them to track the movement of products and customers, although this is not the entire market.
3 ways headless commerce could affect your business
There are a number of ways that a company could struggle to keep up with the demand for its products and services, whether that be due to a decline in interest in investing in new technologies or a slowing economy. The supply chain is not the only thing at stake. A low investment sector and a contracting economy also mean that fewer tourists will visit sites such as Paris or London and they will be less likely to spend money on goods and services there.
In short, the headless market is a rising threat to the free market and e-commerce industry as a whole. It is a business opportunity for those who want to standardize payment methods and impose greater transparency on the supply chain. It is a danger for clients who want to keep their businesses open and competitive and for e-commerce businesses that will be affected by the increasing amount of regulation. The global supply chain is being challenged by new threats and challenges. The headless market is one of them. With the control of this market by a single party now Hoverman, it is expected that new threats will be surmounted through regulation and technological improvements.