Ecommerce is an electronic commerce or internet commerce that helps businesses or individuals sell goods or services online and the ability to transfer money directly from online transactions. There are different types of ecommerce models, such as B2C (selling goods or services to individuals), B2B (selling goods and services to businesses), C2C (selling goods and services to another consumer, such as your couch or bed since you are moving out), C2B (selling goods and services to a business or organization). The market size is $4.25 trillion in 2019 and is expected to grow 9.4% from 2020- 2027.
Research on what product or services you want to sell that can be profitable in today's market. It can be a custom made product or a type of service that is in high demand.
Once you have defined your product or service, pick the technology you would like to use for your website such as BigCommerce, Shopify, Magento, WooCommerce, Squarespace, or create your own custom ecommerce web application where you can customize your own user interface and admin panel features based on your business requirements by going through web development service companies.
BigCommerce is a website builder platform starting at $29.95/month. You can build an online store without the need to have any experience or knowledge in design or coding anything. There are several templates you can use to customize your website.
Shopify is a competitor of BigCommerce offering similar website builder services. If you compare the BigCommerce Standard plan with Basic Shopify, it is only off by 95 cents. It gives users the ability to create an online store, accept payments, and manage inventory in a single platform.
WooCommerce is an open source eCommerce plug-in used for WordPress websites. It allows people to create an online store and sell products online. It is easy to customize and has a secure payment portal but you will need to set up a WordPress account.
Magento Commerce is an open source eCommerce software that is focused on businesses and enterprises. There's a big community and discussion board for developers. It has advanced features and abiliities to customize your product based on your requirements and business needs. However, there's a large learning curve and higher cost of maintaining your site.
Squarespace is another popular eCommerce websie and has beautifully designed templates that are ready and easy to use. It is fast to set up but there's design limitations and unable to further customize your website if you wanted to add custom features.
Falcn Lab can build a custom solution based on your business requirements and work closely with you to meet your needs. We can customize your eCommerce solutions and provide examples of what can be built with modern technologies. Without any limitations on your custom user interface or admin panel, we will cater your website to what you request from us to create.
Website builders are amazing and easy to set up quickly but there's several limitations to what you can use and build onto your site. There's also the pain to constantly have to upgrade plugins such as the carasoul or gallery required because of security updates, which usually breaks the site in some areas using these website builders.
It may be more expensive to build a custom solution, but if you have the budget and want to scale your eCommerce site by using modern technologies, it is the best option. You won't need to worry about hidden fees from the website or the ability to customize your site even more. Maintaining your platform and learning how to update pages will have no learning curve since the admin panel will be designed based on how you want it. The cost of building a custom solution varies based on what the requirements are, feel free to request a free quote from us by clicking here.