The competition in this online space is much similar an offline physical market and the deciding factors for continuous growth are whipping out the small online retailers.
The global eCommerce sales, forecasted by eMarketer, are going to reach $ 1.2 trillion by the end of year 2013. This makes it very clear for retailers that it’s not going to be an optional marketing channel. The capability of eCommerce to cross the locational barriers and reaching the national & international customers has allowed the online retailers to opt for this channel. Retailers, worldwide, are encashing on this fad.
The easy & cheap availability of technology, the technological innovation, pervasive internet technology and access to the untapped markets has led a flurry in the eCommerce industry where every retailer tries to carve his niche in the market. However, whittling and establishing your online business in this fast changing online space is the real nuisance for many online retailers.
Additionally, the efficacy of the nuisances related to managing the online web stores are more coarse as compared to managing physical stores. The competition in this online space is much similar an offline physical market and the deciding factors for continuous growth are whipping out the small online retailers.
The free or easy availability of over the counter eCommerce solutions has helped many retailers to establish their online store and letting them to manage front and back-end of the web store. Customization of any type in the online retail shopping cart to improve the overall efficiency gives higher customer experience and comprehensive centralized control of the online store. The technological innovation in eCommerce industry such as the application of social media and mobile communication devices are indispensable to make your web store noticeable in the industry.
The following points will give you an idea about the making your web store look unique among your peers:
Tailoring to distinguish: Pre-designed, over the counter eCommerce shopping carts comes with a lacuna of inability to accommodate any tweaks to fit in custom requests. For illustration, personalize products feature is a new characteristic that is difficult to accommodate in off-the-shelf eCommerce platforms. This feature can be used to incise your identity in any products. Any associated video showing the customization result in the product will effectively influence and enhance the customer satisfaction.
Higher Control & Functionally: A hosted eCommerce shopping cart softwares suites more to those online retailers who are not much technology savvy. This type of arrangement is meant for transferring the web store’s control to the eCommerce solution provider company so that they can focus on more business-oriented processes.
Here are two points which should be taken care of are that the online retailers, before opting for such hosted arrangement, should check the type of services provided by the eCommerce company and the level & type of control and authority given to eCommerce solution providers. ECommerce companies usually handle the various aspects of eCommerce operations like order management, data feed management, hosting services, security management and web store optimization services. Online retailers should check whether the customization services are included in the agreement or not.
Handing over the important functions of web store management may jeopardize the overall control & authority of the web store.
Innovative application: Digitization of the new innovative marketing channels has given the online retailers an ability to make their web stores more interactive & personalized. They should have to utilize the reports generated data from order management, inventory management, overall marketing and social media.
Any trends displayed in such reports may indicate particular interests and interactions and it should be used for offering custom rewards or offers or any gift certificates.
The eCommerce platform should be flexible enough to integrate extensions, plug-ins and various modules to offer a unique browsing, transacting and moreover sharing the shopping experience with others.
Integrating Microsoft Dynamics Retail Management System (RMS) with the web store
Managing the a number of features of a retail business is a cumbersome job particularly in the event the retailers use numerous stations for marketing their products for instance operating a physical store, an online store and selling them on several marketplaces.24Seven Cart to be featured at the 2013 Retail Pro Global Conference
The technology giant LAN Services, Inc. is participating in the 2013 Retail Pro Global Conference, showcasing its legendary 24Seven shopping cart as an integrated solution with Retail Pro®. The global conference, hosted by Retail Pro International, LLC., is scheduled in Barcelona, Spain from Oct 18 – 22, 2013.Social Media Planning for Web Store
24Seven Cart is owned by LAN Services, LLC, a company based out of San Jose, California. The company is offering an array of e-retailing solutions.