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Enterprises Should Know About E-commerce Platforms

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Know about ecommerce industry growth and their open source platforms.

Magento Review: Best Enterprise E-Commerce Software. Credit: Nata-Lia/Shutterstock.

Magento Review: Best Enterprise E-Commerce Software

Forbes Welcome. 7 Platforms to Grow Your Ecommerce Startup in 2015. The worldwide Internet expansion has substantially contributed to bring some changes in trade & store transactions.

7 Platforms to Grow Your Ecommerce Startup in 2015

Ecommerce is related to buying and selling products over the internet & usually involves online shopping. It also uses regular technical maintenance in order to ensure smooth running of an online portal, monetary transactions and other aspects associated with offering and delivering goods. The ecommerce statistics (2013) from Statista show the exponential growth and development of ecommerce industry as global B2C e-commerce sale has crossed 1.2 trillion US dollars. Types of Ecommerce: A Quick Glimpse Among different kinds of ecommerce, the most prevailing are C2B, B2B and C2C e-commerce.

Top 10 Open Source eCommerce Platforms. For small-to-medium-sized businesses, establishing an online presence to sell products or services is an absolute must to stay competitive in today’s (and tomorrow’s) marketplace.

Top 10 Open Source eCommerce Platforms

At first glance, the premier ecommerce platforms might appear to be a hefty monthly or yearly expense. Fortunately, there are vast number of open source ecommerce platforms that not only have an attractive price tag (many are free!) , but they also offer customizability, scalability, and community support that aren’t always found in enterprise solutions. Of course, opting to use a free open source ecommerce platform to manage online transactions might be an easy decision for your business as you look to get your feet wet in the online marketplace. Choosing the best open source ecommerce platform, however, will prove to be far more difficult. Fear not, though, as in this article, we’ll introduce you to 10 open source ecommerce platforms that stand out from the rest, both in terms of popularity and utility: 1. 2. 5 Problems Small Ecommerce Retailers Could Face in 2016. Ecommerce continues to grow, representing an increasing share of total retail sales.

5 Problems Small Ecommerce Retailers Could Face in 2016

As more and larger online stores open, small sellers may face new business-threatening problems in 2016. Ecommerce has long been the small businessperson’s friend. The segment has a relatively low barrier to entry and can require relatively few employees or resources. While this will not likely change anytime soon, at least five current trends may represent significant problems for small ecommerce operations. 1.

Online merchants often compete on price. Some 18 different sellers, including Amazon proper, are offering this Smurf figure for sale on the Amazon Marketplace. This sort of price competition has hurt some small retailers, which may not have the buying power to compete with mid-sized or large competitors. In 2016, this problem will grow worse for the smallest businesses in the industry. Bottom line, online shoppers will increasingly expect fast, free shipping — on top of the lowest price. 2. 3. E-Commerce Market Overview and Platforms. Developing E-Commerce in Developing Markets.

Last week I was having a Skype call with a colleague who is leading the sales function at Kaymu for one of Asia’s developing markets.

Developing E-Commerce in Developing Markets

While explaining to me the challenges faced by his vendor management team in educating their vendors he mentioned that: There are vendors who will click the ‘Dispatch’ button on their online portal dashboard and assume that the package has been dispatched. At that moment, I found the incident quite hilarious, we had a nice laugh and moved on with the meeting. But later in the day I realized how these challenges, and the way they are managed on a routine basis, are laying the foundation for establishing ecommerce as a credible business platform in emerging markets.

The challenges are not just limited to the vendor or business end only; building a viable consumer base is detrimental to the sustainability of the industry. With all these efforts, his customers at the end of the day were tech-savvy teenagers predisposed towards exploring new channels of retail. Global e-commerce Industry Growth Forecast - Enterprise CIO Forum. The global e-commerce market size is growing at a fast pace.

Global e-commerce Industry Growth Forecast - Enterprise CIO Forum

This article discusses how businesses can cash-in on the global e-commerce growth. The global economy of this decade has witnessed far-reaching impact of e-commerce growth with intense and deep-seated effects on enterprises across the world. People today are now able to do their shopping from the comfort of their homes, again with the advantage of comparing various brands, products and services available throughout the world. The global e-commerce sales have affected the traditional business styles, forcing most of the traditional brick and mortar businesses to enter the global online marketplace. Know E-Commerce & Their Platforms for Businesses. Online Business Solution in Retail. eCommerce is growing globally for both the B2B & B2C market segments.

Online Business Solution in Retail

Technology advancements coupled with rapid increase in the number of smartphones, broadband connections, and innovative payment solutions are driving this growth in online shopping. But with fierce competition it is essential for organizations to have an eCommerce development partner to maintain an edge over the competition. Rishabh Software efficiently delivers custom eCommerce development services along with an exhaustive list of eCommerce website design offerings that include extension development, theme customization and maintenance services.