25 Best Payment Gateways For E-Commerce Store In 2018

Before you start your journey toward selecting a proper and compatible payment gateway, one has to look on to the few points that will help you choose the right one for your eCommerce online store. Those few of the points are as below Business size Transaction fees Easily integration Client list/demand Geographical territory and many more. In short, you will have to focus on these as prior to get your answer quickly, that will help you taking a decision which payment gateway is more suitable for your online store.

Read More

Pros and Cons of eCommerce for Business

This article will take you to the ride of understanding an eCommerce world by sharing more information over about its advantages and disadvantages. E-Commerce is one of the powerful online tools which can help your business grow and glow all across the globe.

You can never doubt about the ability to sell good and services online which have made businesses more viable and profitable. It is really important to look over everything before starting an eCommerce store because that is what makes your business to go global by taking strategic decisions.

Pros:-

1. Speed up the buying process and save time for customers

It literally speeds up the buying process because when someone thinks of buying one specific product from the physical store which is very far and not easily available. Here how the eCommerce helps the customer to avail the specific product easily and speedily.

, For example, – Sometimes customer are not able to find a particular product from the store and even by visiting other chained stores, this is where eCommerce come into a scene with a quick response over the requirement by even helping to purchase the particular product without wasting time.

eCommerce helps the one to choose from a wide range of online accessed products easily and get it delivered too; it helps you to access online global market standards.

Such type of buying process can help you to reduce the traveling time and helps you with choosing plenty of options which you might be looking forward to getting your own one.

2. Personalize the store as per the customer expectation.

One of the online business benefit which will enhance your  online shopping  experience. It is because every purchase which is made online will be referred as per location and recommended as per customers advanced searches.

It is one kind of personalize store where every customer has a different front page because of their location and previous purchases. Even customers are eligible sometime to get extra services because of previous history and loyalty towards the services. Such kind of store helps the customer to fulfill their expectations.

3. Reduce recurring cost while hiring virtual support resources.

One of the factors which can benefit in eCommerce is that by hiring employees is affordable. It is like you can choose to outsource your task and work to your virtual assistants in different countries.

It will make your presence of the company in a different location at the same time always. In this case, you will not need many employees in an eCommerce business as compared retail locations.

4. Easily retarget your customers.

There are many ways to retarget the customer and sell the product nicely. Below are some of the techniques which you can use to retarget customers:-

• Share a coupon when customers leave the checkout page.
• Even by sending emails which are pitching upsell and cross-sell.
• Can be done through Google paid and organic search results.
• It can be done through the customer’s number of visits to a specific page with a certain period of time.

5. Easier to encourage an impulse buy

Impulse buying is one of the techniques where it works as a common behavior of customer’s perception towards a particular product. It is related to the control of human psychological behavior which is like some people possess personality traits that can be said as impulse buying tendencies.

This is what can be used on an eCommerce platform  too by making the product more attractive with images, other color options and even by showing a video of the product. So the customer can get the same aura of buying the product from the store.

6. Reviews Available

It has so many positive recommendations which can give more values to your eCommerce website and help customers to build more trust over a particular product.  It can help you to be clear and more visible about the product that helps you with more product selection too.

All of the reviews are valuable to customers, which can really help a lot to built trust over the products and services

7. Able to provide detailed information to the customer.

Every customer looks for more details over the products so that it can help them to take a wise decision over their purchases. It is one kind of description which really helps a lot and expresses about any particular product.

The flow which is been shared below the product in detail makes the customer to understand it in more details and that makes them to put them on a cart for their final check out with making them aware of all the features and functions of the product.

8. Best Quality of services in reasonably low operation cost

It is one of the benefits which plays a very vital role over an eCommerce platform. In most of the case, physical retail stores have to pay a lot to maintain their presence in the market by paying rent or even if it’s own. There are several upfront costs which affect the store which is physically owned.

E-commerce store will help you cut off more than 60% of the price which has been run through a physical store. When you talk about operation cost it is very high as compared to the online store. One has to pay their staff, location charges, inventory, store design etc, which affects a lot.

Cons:-

1. Lack of personal touch

 It is kind of consumer feeling that consumer can’t feel and touch the product. Sometimes no matter how good a product is explained and expressed you will not be able to sense the touch, smell, taste, and sound, through the dimensionality of a screen. This is what makes eCommerce sometime in a situation where customer faces bit trust issues over products.

2. Unsure about the quality

One of the biggest problems with buying things online is that you will have no guarantee of a products’ quality. Reviews are not always helpful and though all the researches will never assure you about the quality of a product.

3. Late Delivery

When someone plans to order a product online they are never assured to get delivered as per time and there are plenty of issues which make such situation very delicate for customers.

It is like you are waiting for an entire day leaving your work to just receive your new phone for example and though you are not getting delivered on that day itself.

4. Security issues

E-commerce sites record all the important details about the customers which are to be kept secured because it includes details like name, phone no, address,  and bank details. If in these case sites don’t implement rigorous cybersecurity quantity.

Every online store has an issue with security whether they are small, medium or enterprise businesses. In short, you can say that online store has security issues which can never be predicted in this world of eCommerce.

5. Internet bandwidth

E-commerce is the store which totally runs on the internet and though it needs a good connection to run the business online. If you are not the good bandwidth connection than you might face issue with placing the orders, loading pages, and check out issues too.

The services are online, so there will be always some issues with the internet bandwidth and this issue works contrary from both ends.

-->If you are looking forward to  developing your own online store  there are some of the platforms which you choose from and those are:-

• Magento
• Shopify
• Prestashop
• WooCommerce
• BigCommerce

There are many of them from which you can choose from but the above mentioned are the one which is highly in demand of eCommerce web development. Magento development is one of the famous eCommerce platforms that everyone prefers for their online web store.

To read more click here

Read More

Build Your Online Store With Top Ecommerce CMS Platform In 2018

E-commerce has always been a booming industry at every single pace of changing technology. It is because you will see that every moment the internet population is been creating a huge demand for online shopping channels. There are lots of online shopping sites which are currently debuting every day.

When you are planning to sell online, through picking a right e-commerce platform is one of the most vital part and a journey for an e-commerce entrepreneur. It is hard to make decisions sometimes over choosing a particular platform. Most of them provide you services on the bases of standard functionality. Like the ability to showcase products in an online catalog, take payments online, manage order and customers and provide support after-sales.

Where some of them provide you more sophisticated functionality, such as online marketing feature, advance security, inventory management, business intelligence, the ability to manage or integrate with any other APIs makes difference as compared to standard functionality

Here are the e-commerce CMS (hosted and self-hosted) platform where you can go through entire details of it, which are currently trending and on demand for an online store.

Magento – (Hosted and self – Hosted)

One of the most popular and largest open sourced platform which is good to start and there are many features that you have ever expected. It is one of the best e-commerce platforms that deliver high performance and scalable service for all small, medium and large size online e-commerce online stores. It also provides unlimited customization options to run the store to cloud to your own server and control over everything to it.

Base on your venture requirements, that you can choose a platform from (cloud, community, enterprise)

It has an extensive library for demos which will help you to build an online store with amazing features that you might need it.

Launch Year:  2008	Source: Open Source
Services: Free/Paid	No of Online stores: 260,000+

Advantages, Disadvantages, and Features of Magento:

Magento development process is different as compared to other platforms but what makes it different are their features. Magento offers a lot to the Magento store owner and developers with powerful marketing too with SEO and catalog management tools. Even when you are planning to change the platform it is easy to Migrate through Magento Migration.

It is an eCommerce platform that is highly filled with rich features and empowers the store to make efficient use of built-in features flexibility.

• Mobile Responsiveness
• SEO Compatibility
• Omnichannel Order Management
• Business Intelligence tool
• B2B Integration
• Multiple languages & currency support
• Limitless product attributes
• Single page checkout
• Order status customization

Who is using it?

Coca-Cola | Christian Louboutin | Nike | Nestle | Burger King | Huawei |Pepe Jeans | Liverpool F.C

Visit Website: https://magento.com

Shopify – (Self-hosted)

Shopify is one of the hosted eCommerce solutions which helps one to build an online store for business. It is Software as a service (Saas) based solution for e-commerce online web development. There is no need to install any software on your computer. Shopify is the most popular platform out there for all small businesses.

Shopify has is one of the platforms which helps you with Shopify support on every single aspect to assist you with best. It is relatively having low monthly fees to make setup and is one of the splendid choices for your startup business. It also offers you a mobile app, which let you manage your store from anywhere. When you are into some trouble Shopify support team is always there to assist you.

Launch Year: 2004	Source: Cloud
Services: Paid	No Of Online Stores: 230,000+

Advantages, Disadvantages, and Features of Shopify:

Shopify has their own POS (Point of Sale) system that allows one to sell their products on the go or brick and mortar store without any additional tools or any machinery like cash registers, etc.

• Visually Appealing online store
• App Integrations
• Mobile Responsiveness
• Outstanding customer support
• Excellent loading speed

Disadvantages:

Even after looking into all the advantages of Shopify which are mentioned above there some downside too. One of the most prominent parts of it is an additional transaction fee which you’ll be charged for not using Shopify payments.

Shopify is not as great as another platform who has good CMS results. It is not one for the best platform when you are planning to migrate and does provide the service to export your products in CSV and not with best.

Who is using it?

Great George Watches | Uppercase Magazine | Hiut Denim Co | Jane Carr

Visit Website: https://www.shopify.com

Big Commerce – (Hosted)

This platform is completely reliable and though it has well back-end support that makes it a clear choice as their shopping cart for new online businesses. Some of the things make BigCommerce cart as a better choice because of its simplicity and loads of features. In case if you are looking forward to developing an e-commerce platform which is easy to use and optimize your money making potential, this is the one what you are looking for and BigCommerce is the answer.

This is one of the most affordable eCommerce platforms which is out there with easy access and serving with the best solution for your eCommerce website development. It helps you with actionable data on the best ways that grow your business.

Launch Year: 2001	Source: Cloud
Services: Free	No Of Online Stores: 205,000+

Advantages, Disadvantages, and Features of BigCommerce-

Bigcommerce comes with the effective checkout options which help you controlling over your entire inventory and allowing to access to real-time information. Even you can ship the items right through the control panel.

• Features with rich hosted shopping carts.
• 24/7 Official support
• Quick & Secure transactions
• One hub for all your sales channels
• Flexible & customizable SaaS

Disadvantages:

It doesn’t have many options on themes an even you will have to keep upgrading with expensive plans. Despite having great features and good layout, Bigcommerce doesn’t have an entry level cheap plan. Even it doesn’t have much of add-ons available for Bigcommerce.

Who is using it?

Veppo | Suzy Stamps | Tylerstx | Heena Caravan

Website: https://www.bigcommerce.com

For more details visit at https://magnetoitsolutions.com/blog/ecommerce-cms-platforms

 

Read More

Why to develop Magento Website - 2018 Statistics & Demography That You Must Know

It is all about understanding the online market trend which is been increasing with a pace that everyone has to grasp some glimpse of it. Every businesses and industry are focusing towards developing an eCommerce website which will boost up and improvise in their sales.  It is an eCommerce platform which is built on open source technology that provides online marketing with a flexible shopping cart. You can say that Magento is one of the powerful marketing tools which have bought a revolution in the online eCommerce trends.

Why Magento for Development?

There are many reasons to choose Magento and some of the vital reasons are their new functions, which are:-

• Freedom to Choose a hosting
• Better Speed
• Highly Customizable
• SEO Friendly
• Scalability
• Reliable and Secure
• Mobile Responsive
• Easy Multi-Platform Integration

To read more click here

Read More