Asia’s most prominent eCommerce portal specializing in products and essentials for babies and early teens is FirstCry. Owned by the Mahindra Venture, the First cry has over 400 brick-and-mortar locations across the country, including Mumbai, Hyderabad, Bangalore, Chennai, Kolkata, and other major cities. The Indian eCommerce market has developed at lightning speed, and several companies have achieved phenomenal success over a short period. The advancement of technology, the rise of capitalism, and consumerism, have helped eCommerce change the way businesses are done in India.
Most of the reviews are from dissatisfied customers expressing frustration at their interaction with the technical support and questions about billing. Wix is a beginner-oriented website builder and an all-in-one tool that’ll equip you with everything you’ll ever need to build a beautiful website. It comes in the package with a web hosting service and a domain name, free or paid. Abigail is a B2B Editor that specializes in web hosting and website builder news, features and reviews at TechRadar Pro. Squarespace offers a 14-day free trial to get you started and then has monthly plans.
Customer Service
Either way, the goal is to make sure you can deliver a consistent shopping experience whether your site is accessed on a desktop or mobile device. According to research from PWC, 73% of U.S. consumers say customer experience is an important factor when purchasing online, yet only 49% believe brands provide a good experience. Top-notch website development that gives customers the experience they need. By developing a successful e-commerce portal, you can increase your business boundaries and improve performance.
- While new business owners are still on the hook for inventory and costs to set up a website and domain, they often don’t need to worry about rent, utilities, and other high startup costs.
- Here’s where you may start getting some room to experiment with offers, possible partnerships, and the chance to reinvest in the highest ROI areas of the business.
- You’re testing the market by picking an idea, bringing it to life, and getting those first few sales in.
- The B2B ecommerce industry is booming as B2B buyers get more comfortable making large transactions to the tune of $50,000 or more, without the need to meet face-to-face with suppliers.
In the case of independent retail stores, small-to-medium-sized franchises, and B2C outlets, some business buyers prefer simplicity over the bells and whistles of B2C ecommerce. Enhancing your onsite search for B2B customers is equally important and helps streamline the sales process—empowering your sales reps to work in a more consultative, rather than transactional, role. The reality is that about 65% of B2B companies wholeheartedly embrace digital channels as a means for doing business—and doing it well. So well, according to McKinsey, it’s now the primary way a majority of B2B sellers prefer to do business. The bottom line is that the digital approach to large B2B transactions only streamlines the supplier and buyer relationship.
It was established with the concept of making products available to customers at a discounted rate through offers and Snapdeal coupons. That is why Snapdeal is popular in almost 3,700 towns across India. Snapdeal follows the marketplace business model of permitting local vendors to post their products and sell them on the Snapdeal portal. You don’t have to integrate them all, but customers are increasingly interested in paying via different payment methods like buy now, pay later. Plus, if you’re selling cross-border, you’ll want to choose payment gateways that support your target regions.
Lower startup and operating costs
In B2B ecommerce—where $12 trillion is on the line annually—finding a way to short-circuit the path to hard-won experience is invaluable. While social media may not work for direct sales in B2B, it is a powerful source for both outreach and creating the kind of consensus that B2B decision-making necessitates. Because consensus is about people, and people connect with people. However, before we turn to serving the people who can make deals, we must examine the people who can break them.
What Makes for a Viable Ecommerce Portal
There are plenty of ecommerce solutions to choose from, and you can find the right one for your needs. No ecommerce platform will come with every single feature you want natively. You’ll need to make sure your platform enables you to customize your site by offering plugins and integrations with solutions that you need. As more customers use mobile phones to shop online, you’ll need a website that supports responsive, mobile-friendly web design. One of the biggest mistakes businesses or startups make falling into the trap of overnight success, or that expect overnight success just after the launch of their eCommerce portal.
Ecommerce portal best practices
It also provides the best sales and website features for online retailers. This category concentrates on the logistics of managing transactions and financial accounts. Inventory management is examined, along with the availability of out-of-the-box solutions or the flexibility to implement your own. Details such as transaction fees, support for recurring payments and availability of physical POS options for in-person sales also fall under this category. Accounting software integrations, PCI compliance and analytics tools offer a complete picture of how well the platform manages the financial aspects of e-commerce.
Many major brands like Tesla, Motorola, and Adidas use Shopify Plus to handle their B2B commerce. Your right ecommerce platform should be flexible to grow with you as your needs and customer volume change. The flexibility to add and remove customizations as needed will come in handy throughout business operations. When you’re trying to find the best ecommerce platform for your business, you want to find something flexible enough to meet your needs as they change.
Other E-Commerce Platforms To Consider
It involves conducting commercial transactions through websites, mobile apps, or other online marketplaces. Ecommerce enables businesses to reach a global audience, streamline operations, and provide customers with convenient online shopping experiences. As you can see, B2B ecommerce is a great way to find new customers what is cause marketing, and how can it take your business to the next level and increase sales for your business. Whether it’s building an online storefront, improving inventory management, or streamlining your recording process, a B2B ecommerce platform can help you get there. Self-hosted platforms are typically open source, and you use a third party to host your ecommerce website data.
Wix offers a cost-free plan, but it comes with some serious strings attached. As for paid plans, Wix provides four personal and three business-focused plans, which is more than you get with other popular providers. The most pocket-friendly plan is “Connect Domain” and it starts at $4.50 (£3.70) per month when billed yearly, but if you’re planning to create anything larger, we recommend skipping it.
All managed within the new company profile in your Shopify admin, without complex workarounds or coding needs. With future-proof ecommerce portals designed for growth and agility, businesses can effectively adapt to changes in customer behavior and business strategies. When your ecommerce portal no longer caters to your needs, we can overhaul it to adjust to your new business requirements.