Learn popular e-commerce platforms, how to build configure and manage an e-commerce site. We offer e- commerce web marketing skills course with case studies.
With an emphasis on satisfying market demands for fast distribution, innovation, product selection, and quick returns while managing difficult supply chain globalization, there have been significant changes in warehousing trends.
The market has also seen a significant change from fashion and lifestyle sales to purchasing simple necessities such as food, medicines, office and residential items, e-learning instruments, and even the distribution of major food varieties.That being said, the massive increase in e-commerce has resulted in higher digital penetration and raised the scope for the future growth of the industry, facing obstacles such as stagnation in production, labor shortages, transport issues, and instabilities in domestic and foreign freight transportation.
This involves, but is not restricted to, certain important technological adoptions that help render this change.Cloud-based supply chain softwareThe secret to fast and error-free processes is to exploit big data to handle dynamic distribution networks in an accurate and timely manner.
The blockchain and data analytics technologies also enable forecasting and controlling market spikes, addressing and avoiding unforeseen supply chain disruptions, and promoting smooth operations.
The new technological adoptions that are transforming the future of a once labor-intensive industry include the use of autonomous mobile robots (AMR) for physical activities, self-managing inventory control, automatic selection and packaging equipment, even fully automated forklifts and automated cars (driverless vehicles) for inventory, and automated storage and recovery (ASRS) operations.IoT and business integrationIn digitalization, integration has become a crucial term, particularly for the logistics and distribution business.
The major inventions include:Emphasis majorly on A-grade facilities in major cities: The largest logistics insights portal in India reports that Tier III and IV cities amounted to 67 percent of online transactions, as digital marketing, financial technology, and mobile connectivity increased.
The best e-Commerce platform is a comprehensive software tool that allows merchants to build and manage a digital storefront for their products or services.
Because best e-Commerce platforms create a centralized, digital hub for product and customer data, they allow eCommerce businesses to do things like customizing product information, manage web content and layout, allow online transactions to occur, and adjust the platform according to businesses’ online needs.360Quadrants, the most granular comparison platform, has released a quadrant on Best E-Commerce Platforms to help businesses make quicker and more informed decisions.
Quadrants are generated post analysis of companies (product portfolios and business strategies) and will be updated every three months based on market and regional analyses and developments in the E-Commerce Platforms space.
360Quadrants conducts an in-depth SWOT analysis and accurately analyzes the companies considered for evaluation.
This helps service providers in learning about new opportunities and areas where they lag behind their peers.
It also helps clients in choosing the most appropriate vendor for their requirements.e-Commerce Platform: Drivers and LimitationsThe international e-Commerce platform market is driven by the software that is user-friendly and also inexpensive for small scale businesses.
Storm eCommerce platform is one of the modern, scalable, and advanced, eCommerce platforms, designed for online merchants who deal with several transactions.
Smaller online retailers with rapidly growing business may also choose this product.
Developed in 2008, Storm Commerce has turned out to be a useful platform with eCommerce solutions.
Storm Commerce is mainly equipped with B2B functionalities, automated technologies, and user-friendly interface.USP of This Platform:Storm eCommerce platform is a seamless platform and its customized solutions can manage several deals of B2B and B2C businesses.
The automation technologies have helped businesses to ensure an increased profitability, higher performance, and smarter workflows.
As one of the cloud SaaS solutions, Storm is valuable for its performance and high capacity.
Market Overview:E-commerce platforms help businesses in handling the online store processes, right from their inventory, to adding or eliminating products, to calculating taxes and fulfilling orders in the best possible way.Expected Revenue Surge:The e-commerce platform market has an estimated value of around 5.6 billion U.S. dollars in 2020 and is estimated to grow to approximately 6.7 billion U.S. dollars by 2023.
With the fast growth of e-commerce sales, international retail e-commerce sales are predicted to reach 6.6 trillion U.S. dollars by 2023.High spending capacity combined with an increase in spending on apparel is expected to upsurge the growth of the global eCommerce platform market over the next few years.
Furthermore, the eCommerce industry has grown unusually well in the earlier years and is expected to witness exponential growth in the upcoming years.Get the Global Overview of the Market:https://blog.360quadrants.com/2020/e-commerce-platform/Market Segmentation:The market is categorized in five major regions that include North America, Asia Pacific, Europe, Middle East & Africa and Latin America regions.
Amongst these regions, Asia Pacific is likely to lead the overall ecommerce platform market over the next few years.
Increasing number of business formations is providing the best opportunities for the e-commerce platform service providers.Based on type of platform, the market is classified into, commerce, order management, business intelligence, shipping and others, amongst which, commerce is accounted for the biggest market share in complete worldwide ecommerce platform market.Recent Developments:# In October 2019, Shopmatic which is the best e-commerce platforms acquired Combinesell to enhance automation and simplify the selling processes# In September 2019, Shopify a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses acquired 6 River Systems to redefine fulfilment automation for e-commerce and retail operations.360quadrants Releases Quadrant On Best E-Commerce Platforms@https://www.360quadrants.com/press-release/360quadrants-releases-quadrant-on-best-e-commerce-platforms# In March 2019, Shopmatic which is an e-commerce platform acquired Octopus Retail Management to help retailers synchronise inventory, on-board customers through mobile platform# In November 2018, Shopify acquired Tictall which is a global community to discover the world’s independent brands# In June 2018, Shopify acquired Return Magic which allows merchants to build loyalty while making shopping more convenient for consumers.
The Fastest Growing e-commerce site, Meezaa technology with the best discounts and products Meezaa Technology is one of the fastest growing e-commerce shopping sites.
The site offers an exclusive range of high end fashion apparels.
The site has products from a number of brands.
Along with this, everything is available in various ranges in size and colors to cater to the taste of customers around the world.
There are various designs available on this e-commerce site which makes it stand out from other sites of the same kind.
The E-commerce site offers broad depictions, simple installment techniques, easy methods of payments, huge offers and discounts and a scope of extravagance to make your shopping experience worthwhile.
The open source model has drawn all kinds of praises from the people who use it, especially considering that these online store systems are completely free, run and developed by numerous people around the world, and typically many documentation and blog posts can be found to guide you on your way.
One of the main decisions is whether you want one of the open source (free) e-commerce platforms or an easier-to-use one that carries a monthly fee.
Go to: Plugins > Add New.3.
Otherwise, you can take help of WordPress development services provider in India.2) NopCommerceNopCommerce is another e-commerce platform of Russian origin.
There's even a one-click installation version available for download, and it comes without the source code.NopCommerce benefits • NopCommerce is an open source e-commerce platform that is available for free.
Developers, on the other hand, might choose to continue with the source code version for its extensive customization capabilities.3) Magento Open Source Magento is one of the best and top-rated open source e-commerce platforms.For starters, it has more features than you can hope to use.
