If you're currently using NetSuite and want to really understand what the difference would be between implementing SuiteCommerce or any other ecommerce platform, take a look at our brand new infographic as we compare the pros and cons between the two. Understand the difference when it comes to integration as well as other key factors to consider.
If you’re either already running NetSuite or thinking about using NetSuite as your chosen retail management system then chances are you’re also thinking about the best ecommerce platform to go with it.
And if you’re already using NetSuite, SuiteCommerce naturally becomes an option to consider – but how does it stack up against other leading ecommerce platforms that you have already heard of like BigCommerce, Magento and Shopify?
Ecommerce is a huge part of being successful in the retail industry, so unlike other companies, you need to find the right balance between a stellar ecommerce and a seamless back office system.
Retailers need to be agile so that they can adapt to rapidly changing markets and scale at the right time. COVID-19 has taken its toll on the retail industry, making it harder for the startups to survive.
Many retailers start their business with a combination of a basic accounting system, inventory management system, and multiple spreadsheets. But as they grow larger, the amount of time and effort it takes to handle a higher volume of orders becomes difficult to handle and prone to human errors.
As a retail startup, you are always pivoting to meet changes in the marketplace, and having siloed systems to run your business just is not cutting it anymore. You need a solution that is flexible and adaptable enough to whether any storm (or pandemic as it were) and scalable so that your growth is no longer a limiting factor. You also need something that is robust enough to grow with you so that you do not find yourself in the same situation 5-10 years down the road.
If your back end systems and your ecommerce solution are siloed, and you’ve determined that your current business management system is holding you back then it’s time to make a change. What better time than now, when bulk of your business still comes from your ecommerce platform?
In 2019, online retail sales grew 56% - and that’s before the COVID-19 pandemic hit and everyone was ordered to stay at home. Despite lower overall spending in the United States due to COVID-19, many retailers who have invested in an ecommerce platform have seen their webstore sales increase by around 43% since the beginning of the pandemic.
COVID-19 has been systematically poking holes in the existing infrastructure for companies across North America – particularly for Retailers.
COVID-19 has pushed many retailers to consider putting up their own online webstore. Not only can weather more storms (such as a worldwide pandemic) than a brick and mortar store, but it also gives you the flexibility you need to grow your retail business, provided that it is integrated with your back office systems.