There are several things to consider when choosing an E-Commerce Solution. The best ones will integrate well with your website and be mobile-friendly, allowing your visitors to buy anything and everything without leaving their computers. A trusted payment method is also crucial to a successful e-commerce solution. Your E-Commerce solution should also support both physical and digital products. A good one is also mobile-friendly, as more people are shopping on their phones these days.
Open-Source e-Commece Solution
The advantages of an Open-source e-commerce solution outweigh the disadvantages of proprietary software. Its high accuracy and flexibility are major selling points, and many online business owners see this as a smart choice. But, are there any drawbacks to using an open-source solution? Here are some things to consider before choosing this solution:
The first thing to keep in mind is that while open-source software is free to download, you still incur costs associated with hosting, customization, and security. Besides, you will have to invest in integration and maintenance, which can get expensive for small businesses on a budget. So, when deciding on an e-commerce solution, always keep your needs in mind. Open-source solutions may be better for certain kinds of businesses, but if your business needs to expand rapidly, you should consider a proprietary solution.
Hosted e-Commerce Solution
If you’re in the process of developing your first e-commerce site, a hosted e-commerce solution may be your best option. A hosted solution means you won’t have to worry about site maintenance or security. Since it’s already hosted on a server, the hosting company will also handle all the updates and security patches that you’ll need to keep your site up-to-date. Hosted e-commerce solutions are available from companies like BigCommerce and Shopify.
Most hosted e-commerce solutions offer best practices for store setup. They focus on the shopping cart, catalog, and checkout flow. Some services even come with extra features such as social media integration and newsletters. Although it may be tempting to take the hosted route, it is still better to consider the pros and cons of each type of solution. Listed below are some of the benefits of each type of solution. They can make the transition to a hosted solution easy and stress-free.
Custom Built e-Commerce Solution
A custom-built e-commerce solution is a good choice if your target customers are located in countries with a wide variety of payment methods. For example, China and some Eastern European countries don’t support PayPal. Therefore, you will need a solution that can integrate alternate payment methods and accept credit cards. The shipping process may also be problematic for your target market. Ultimately, a custom-built e-commerce solution is the best choice for your needs.
A custom-built e-commerce solution also has an integrated network of vendors and an inventory management system. A custom-built e-commerce solution can automatically handle inventory, generate orders to vendors, and avoid product shortages. It gives you full control over your users’ shopping experience and helps you target your target audience with targeted, personalized prompting. With proven methods and tools, you can create a more profitable website for your business.
Mobile-Friendly e-Commerce Solution
When your e-commerce website is not mobile-friendly, you may want to consider migrating to a mobile-friendly solution. Shopify and BigCommerce both support WebP. Among other things, make your menus short and organized. If possible, merge similar fields to reduce the number of links in your menu bar. On mobile sites, your logo should lead to your home page, while a search box should be visible in the top menu bar. Responsive content is essential, as well as avoiding creating a new window for each product page.
Magento is a mobile-friendly e-commerce solution, allowing users to create fully responsive online stores and mobile websites. Customers are able to browse your product catalogue with ease, and you can also use this responsiveness to create a seamless experience across all devices. Magento offers both an open-source and a paid version. Once you have decided to switch, make sure you choose a mobile-friendly e-commerce solution that’s compatible with your company’s brand and website style.
Many e-commerce solutions offer PCI compliance. However, if your e-commerce solutions are not PCI compliant, you should seriously consider upgrading your system. Fortunately, there are a few easy ways to reduce your burden and maintain PCI compliance. One easy way to reduce your PCI compliance is to outsource your payments processing to a third party. Third-party solution providers provide PCI-compliant tools for processing online payments. They can also handle sensitive cardholder data on your behalf.
If you don’t follow PCI DSS guidelines, you will be exposed to fines and forensic audits. In some cases, banks can even terminate your merchant relationship and increase your transaction fees. While these penalties are rarely reported, they can be devastating to your business. Make sure to carefully read your merchant agreement to understand your responsibilities and potential exposure. If you fail to meet PCI compliance standards, you may even have to go through the costly process of issuing new cards to customers.