E-commerce Solutions are platforms and software that businesses use to sell products or services online. They include everything from interactive website design and shopping carts to payment gateway integration, customer support, and inventory management.
The right e-commerce solution will help your business reach new levels of success. However, not all solutions are created equal.
Website Builder
A website builder is a tool that allows users to create their business websites without having to learn how to code. The best website builders come with a range of templates and themes, and they also offer third-party integrations that can help users customize their sites further. Some also provide ecommerce tools that allow users to set up online stores and accept payments. In addition to ecommerce solutions, website builders can include photo and video galleries, landing pages, email marketing services, contact forms, search engine optimization (SEO) analytics tools, and more.
The top website builder services feature intuitive drag and drop functionality that makes it easy to move and rearrange page elements. This helps businesses build stylish and responsive websites that are optimized for all screen sizes. In addition, many website builders allow you to personalize your site’s typography and color palette by selecting from a range of font styles and colors.
Some website builder services also include a mobile-responsive design that automatically adjusts the layout and design to fit different screen sizes, making them easier for users to navigate on desktops, tablets, and smartphones. They also feature an image and video integration that allows users to upload their own images or select from a library of stock photos to make their websites more visually appealing.
If you want to sell products or services on your website, you need a website builder with ecommerce tools. There are a number of options to choose from, including Shopify, Wix, Squarespace, and more. The best website builders are easy to use, offer a variety of templates and designs, and are compatible with all major browsers. In addition, they should offer a mobile-responsive design and SEO analytics.
Payment Gateways
A payment gateway is an online middleware service that connects your website with your merchant bank account to allow credit or debit card payments. It encrypts customer data, carries out fraud checks and transmits this information to the payment network for authorisation. The gateway then relays the authorisation or decline verdict back to the website or app, which displays it to the customer and, if necessary, prompts them to try another payment method.
A high-quality gateway should offer a range of different payment methods. These may include credit cards, e-checks, direct debits, UPI and digital wallets. It should also support international transactions. This can increase your customer reach, especially if you sell in countries outside the EU.
Payment gateways can also provide additional features to help you combat fraud. For example, some can verify billing address details and card security codes in real time. They can also check whether a customer has sufficient funds in their account before sending the authorization request to the bank.
Depending on the provider, a payment gateway can either be hosted on your website or a separate server. A hosted option will require you to have a PCI DSS certificate. This is because the payment form must be hosted on your site, so sensitive customer data passes through your system. It can reduce your PCI scope and liability, but it’s not as quick or seamless for the customer. A self-hosted payment gateway allows customers to complete their transaction without leaving your website, which can speed up checkout and reduce the likelihood of checkout abandonment. This requires more extensive development and a heavier burden on your PCI compliance, but it can be a great solution for large businesses with a complex payment system.
Shipping Costs
A successful e-commerce business requires a fast, inexpensive shipping and handling experience for its customers. Having a clear strategy for calculating shipping costs can set your store apart from its competitors and encourage customers to buy more items.
The best way to calculate your per-order handling cost is by adding up all of your fulfillment expenses, including warehouse labor, utilities, taxes, workers’ compensation and liability insurance, office supplies, packing materials, printers and labels, etc. Then divide your total monthly operational fees by your average monthly shipping volume to get your per-order handling charge.
If you’re looking for an e-commerce solution that includes advanced shipping features, consider choosing one with built-in or integrated shipping integrations that can automatically calculate this cost on your behalf. There are also several apps available through major shipping carriers to help you determine your actual shipping costs, and some fulfillment providers have their own shipping calculators as well.
Another important consideration when calculating shipping fees is your desired speed of delivery to your customers. For example, an overnight service will obviously be more expensive than a standard 3-7 day ground option. In addition to speed, you should consider whether you want to include return rates in your pricing, as these often add to the overall shipping costs.
Lastly, you should consider the size and weight of your packages when determining shipping fees. Most carriers use a method called Dimensional Weight to calculate shipping costs, which takes the package’s size into account. In many cases, this can be more accurate than a simple package weight calculation. This approach is ideal if you sell large, bulky, or extremely heavy products and want to avoid overpaying for shipping.
Marketing Integrations
Marketing integrations help you track leads, capture customer data, and automate tasks to save time. They are essential tools for any ecommerce solution. Some have several functions, while others serve a single purpose. You can find integrations suited to virtually every business type, from startups to enterprise companies.
The first step in choosing an e-commerce solution is to define your goals and make a list of the features that you need. This will allow you to compare different solutions and find one that suits your needs. Once you’ve made this list, you can start researching different vendors and their products. Wix and Shopify, for example, provide easy-to-use ecommerce solutions that are suitable for small businesses. These platforms also include SEO tools, email marketing tools, and customer reviews.
Another option is to use a full-fledged ecommerce solution. Some of these come with a multimedia catalog development system, and many offer support for business-to-business (B2B) transactions. Commerce One, for instance, develops B2B procurement exchanges that help businesses buy and sell goods online.
These e-commerce solutions are highly scalable and feature real-time data syncs. They also allow you to personalize the experience for each visitor. Some also provide native ERP integration, which makes them a great choice for large enterprises.
An additional benefit of these e-commerce solutions is that they allow you to sell in multiple locations, such as eBay and Amazon. This can increase your sales and brand visibility. Some of these e-commerce solutions also have APIs for third-party integrations, making them more customizable. This is especially useful for businesses that want to integrate their e-commerce website with social media sites. For example, the popular scheduling tool Calendly offers HubSpot integration. The two platforms connect seamlessly to help marketers get more insights into their customers’ buying behaviors and create better upsell opportunities.
Customer Support
Customer support is a vital part of an ecommerce solution. It provides customers with a variety of services, including helping them find answers to their questions and resolving any problems they encounter. It can also help businesses improve their service quality and increase customer loyalty. However, providing excellent customer support isn’t easy, and a single bad experience can have a significant impact on a brand’s reputation.
Whether through email, phone, chat, or social media, customers can reach customer support teams whenever they have a question or need assistance. They expect support reps to respond quickly and thoroughly, resolving any issues they have in a timely manner. In addition, they want to feel like their concerns are valued and that the company is invested in them.
Some ecommerce solutions provide a complete customer support suite, while others are focused on specific business needs. For example, a business that wants to sell products in multiple marketplaces will need an ecommerce solution that supports those platforms. This way, customers can easily find and purchase their goods from any location they choose.
A good ecommerce solution provider will allow companies to customize their customer portals and website so they can match their brand’s aesthetic. They will also provide tools to manage customer accounts and inventory, which makes it easier for them to track sales.
Some ecommerce solutions include predictive analytics, which helps support agents understand how customers are feeling before they pick up the phone or open an email. This feature lets them know how frustrated, agitated, or happy a customer is and what their pain points are. It can also predict which customers are most likely to buy a certain product and route them to the appropriate team member. This can help companies save time and money by reducing turnaround times, preventing escalation, and improving customer satisfaction.