The Ultimate eCommerce Platform Comparison Guide

The Ultimate eCommerce Platform Comparison Guide

Choosing the Right eCommerce Platform

[ DOWNLOAD COMPARISON CHART .PDF ]

Whether you’re launching your company’s first direct-to-consumer brand or you’re an established player in the eCommerce space seeking new software to scale up, the most important decision you’ll make is choosing the right eCommerce platform.

…But which one should you pick?

Every platform has different bells and whistles, each with different facets and features. Some require customization while others need apps and integrations to get the job done. Some have low up-front costs, but if you’re not careful, total cost of ownership can increase quickly. In a world where eCommerce capabilities determine the future of top brands in retail and manufacturing alike, we aim to make the process as simple as buying a new car online.

 

Making An Informed Decision

Our certified eCommerce and platform experts can help with your platform selection process

Buying a new car requires certain considerations. For instance, how much will your family (your business) grow in a few years? How important are fuel economy and maintenance (operational costs) to you? Are you more interested in style (design) or comfort (functionality)? In the old days, you might bring your dad to the dealership for an expert opinion and ensure you’re getting the best price. When it comes to choosing eCommerce software, we bring in certified platform consultants with prior experience in your industry to do the same. Here’s how it works…

 

Our Platform Selection Process

In our formal platform selection process, we evaluate a variety of feature/function criteria relative to four key areas: Initial implementation cost, total cost of ownership, feature fit, and fitment for future state (thinking 3 to 4 years ahead). The outcome of our analysis ensures the eCommerce platform we recommend will be a perfect fit for your business (now and in the future), so you can scale confidently and quickly.

To simplify your big decision, we call to quorum our platform assessment team. This unit is comprised of business analysts, engineers, and industry subject matter experts. We’ll convene with you and your project stakeholders for requirements gathering. It’s important we understand the goals and ambitions of all parties and business units involved. Next, we segment the must-haves from the nice-to-haves. Then we’ll analyze your current state vs. future state.

Once the initial assessment is complete our team examines your potential platform’s “fit” across five categories. To help you understand each area’s importance, we compiled tips from our certified platform consultants below.

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1. The State of Your Tech Stack

Picking the perfect eCommerce platform has a lot to do with your current tech stack.

The state of your current tech stack plays a valuable role in the platform selection process. ERPs, CRMs, loyalty & rewards software, and additional legacy systems can require complex integrations that can extend your project timeline.

The digital maturity of your business is also an important factor. If you feel your business can be automating more manual work with software, new eCommerce platforms provide the perfect opportunity to review which operations can be optimized.

 

Assessing Your Digital Maturity

“A customer’s unique tech stack is most often built over a period of years, expanding or contracting as internal practices evolve. Keep this in mind when considering a re-platforming project, regardless of the technology you’re swapping. View this experience as an opportunity to evaluate business processes, streamline workflows, clean data, and automate where possible.” 
–Aidan McKnight, Solution Engineer

 

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Every Platform Has An Ecosystem

“Magento, BigCommerce, Salesforce, and Shopify Plus all have robust offerings. Buying into any of these ecosystems of apps and add-on technologies can make the integration between different tools much smoother, while potentially making each tool more powerful.” 
–Dave Gardner, Practice Manager, Business Analysis

Built-In Features

“If your biggest concern is simplifying your tech stack —meaning reducing the amount of 3rd party vendors you have to deal with— we typically recommend Salesforce Commerce Cloud. The platform has many capabilities within its licensing, such as search, personalization, and A/B testing, which can reduce total cost of ownership. It also integrates easily with Salesforce’s suite of marketing tools, allowing users deep insight into their customers.” 
–Pat Johns, Account Executive

Pre-Built Integrations

“Certain platforms have native or pre-built integrations with external systems. BigCommerce, for example, comes with baked-in integrations with ShipperHQ and AvaTax, making the process simple and reducing the project timeline.” 
–Dave Gardner, Practice Manager, Business Analysis

 

Redundant Features

“One of the things we look at is how much of a company’s operations are going to be handled by features within the eCom platform itself vs. Using a best in class solution for each task. For example, are we going to manage products in an eCommerce platform, or is the company already using a PIM? Are orders going to be managed by the platform or is the company going to use an ERP that has already been set up for that purpose? If you already have a platform for another task, workflows already being handled by another platform don’t need to be considered. The capabilities you already have might not need to be present in the new platform you’re picking.” 
– Oliver Sosinsky, Sr. Solution Engineer

 

Hosting Environments

“For certain cases when additional data needs to be stored or processed, Magento 2 may provide the ‘smallest’ tech stack since extensions can have their data stored on the Magento hosting environment. On the other hand, SaaS platforms require 3rd party hosting. Any apps you build will need to connect to the 3rd party, creating an additional component for you to maintain.” 
–Ben Shapiro, Solution Engineer

Managing Complexity & Costs

“The larger or more complex the internal tech stack is, the higher the implementation cost will most likely be. Especially if the goal is a fully integrated eCommerce system. This also affects total cost of ownership, building in integration layers to traffic data is another ongoing cost for maintenance and/or licensing. Often, complexity and cost of the internal tech stack can be reduced when systems are integrated and redundant platforms can be combined or eliminated.” 
–Matt Brennan, Account Executive

 

Legacy Systems

“Having systems built on outdated or proprietary technology that you need to integrate with newer applications or APIs can be complicated, and cause a loss in business continuity if these systems fail. It can also slow the implementation of your eCommerce initiative. If you know you won’t be updating your underlying legacy systems soon, consider a more customizable platform for building your integrations. As an open source platform, Magento has a significant community of developers and a platform that offers a wide selection of out-of-the-box web APIs that support Accounting, Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Product Information Management (PIM), and marketing automation systems.”
–Maria Pichardo, Business Analyst

 

ERP Migrations

“I rarely recommend tying an eCommerce platform transformation project together with an ERP transformation project. The inevitable critical dependencies can intertwine into a cocktail of delays. It is much safer to assume that you will need to be able to integrate with both at least for some time. It’s likely you’ll have less headaches if you assume your new system has to integrate with the old system, and at the same time you’re building the new system. Don’t tie them together in a way that the new system has to fit with the new one. It might seem like it’s more costly to integrate with the old system and then integrate with the new system, but when you consider the time and costs, it’s cheaper to go with the two-system approach.” 
–Adam Morris, CEO

 

All in all, the state of your tech stack largely determines the scale of the work needed (in terms of time and cost) for your eCommerce transformation project. The more software you want to integrate or consolidate, the more focused your platform options will become. Swapping out or adding an ERP will need special consideration, as will websites that rely heavily on 3rd party technology.

 

2. Catalog Complexity

Catalog complexity is how the eCommerce platform uses your product data.

Catalog complexity is how the platform uses your product data. Think of machine parts distributors with millions of product SKUs whose customers need exact specifications for the parts they order. Bigger businesses like automotive manufacturers need advanced search features for handling product specifications like filtering, attributes, and category structures, because they generally have more complex databases.

The speed at which a customer can search, find, and buy a product on your site is critical for driving sales and encouraging repeat purchases. How you want to manage all of this data –and the digital customer journeys you want it to facilitate– are pivotal to determining the platform you need. Here’s a few more reasons why your product catalog determines the best eCommerce platform for you.

Meeting Modern Buyer Expectations

“Today’s B2B buyers, especially millennials are looking to do product research fully online, so they need as much detail as the company has on exact specifications fo the product without talking to a sales person. I think this is one of the main challenges B2B companies have because they don’t have all of that detail in an eCommerce or digital-friendly format. Breaking it out into attributes is a large chunk of the work if you’ve never done that before. This is where a system like a PIM may help you, because it can focus on the process of enriching that data to get it eCommerce-ready. Though adding another full-featured system to the tech stack also adds complexity.”
–Adam Morris, CEO

How Do You Use Your Product Data? How Would You Like To?

“The three main types of eCommerce data are product, customer, and order data, with different ways to manage each. When the Redstage team assists a client with platform selection, we look at how they want to manage each of these data segments. Every business has a specific concept and specific business goals that may conflict with the capabilities of different platforms. Understanding these three major areas of data and how you want to match them up with the business rules you configure can determine the platform you need.” 
–Dave Gardner, Practice Manager, Business Analysis

 

Product Types and Attributes

“Magento 2 and Salesforce Commerce Cloud are likely the two favorites for product management, each with a deep level of flexibility in creating product types. I would say BigCommerce is a very close contender, while Shopify has some drawbacks when managing a catalog with many attributes and variants.” 
–Matt Brennan, Account Executive

Custom Fields

“Each platform deals with custom [data] fields and options in different ways. BigCommerce, for example, is an easy-to-use and manage platform but limits its custom fields to 250 characters and limits the number of custom fields per product to 200 [at the time of this writing]. Let’s say you have product descriptions for thousands of products, and many of them are over this limit. You would either need to take time to alter all of this data to make it fit the constraints, or look for a bolt-on solution that would allow you to exceed the data limit. Both can pose hurdles regarding timeline for your project.” 
–Dave Gardner, Practice Manager, Business Analysis

Non-Text Data

“If you have a product that has non-text information like PDFs or CAD files, you should evaluate whether the platform can handle this level of product information out-of-the-box, or if it will require customizations. ” 
–Aidan McKnight, Solution Engineer

 

Category Structure

“If you have a large catalog with category/subcategory structure, BigCommerce, Salesforce CC and Magento 2 all include these features out-of-the-box. Shopify requires extra work to accomplish this, but can be powerful with enough customization.” 
–Ben Shapiro, Solution Engineer

 

Advanced Search Features

advanced search features can dramatically increase your eCommerce platform's conversion rate

“Shoppers who interact with on-site search are 216% more likely to convert. How easy is it for your customers to find the product they need on your site? We consider catalog complexity to ensure the platform you choose will easily mesh with the product data you have. This allows us to create optimal buying experiences for your customers including advanced on-site search.” 
–Don Pingaro, Marketing Manager

 

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Product Structures

“Depending on the products you sell, the product structure can be complex at times. Your items can come in different sizes and colors. You can be selling products as a bundle (kits/assemblies). Maybe you need to have dynamic options for products with variable attribute structures in the same catalog. We need to consider that before choosing the platform that best fits your requirements. It must be one that will allow you to expand your business without having to clean up or reorganize your catalog when a new structure comes up.” 
–Maria Pichardo, Business Analyst

 

Bundled Products & Pre-Ordering

“A complex product catalog can also include bundled products, grouped products or kits, back order products (do you keep selling beyond stock being depleted?), or products available for pre-order. Some platforms have these features baked-in or have it in their app ecosystem.”
–Aidan McKnight, Solution Engineer

SaaS Restrictions

“Some companies may be restricted from using SaaS platforms if they have certain pieces of technology that need to live on the same server as their eCommerce applications (including sensitive patient information for medical supply companies). While it is possible to build custom middleware, this can add to costs and make a simple solution more complex.” 
–Dave Gardner, Practice Manager, Business Analysis

Data Security

“Who’s responsible for the data security? A SaaS platform is responsible to keep your data safe to a higher extent than a platform like Magento where you have more accountability for your customer data. The key considerations for how customers manage data include personally identifiable information, financial information, or eCommerce store data.”
–Adam Morris, CEO

 

Data Analytics

“Data management is an essential part of your eCommerce platform, and it helps improve your eCommerce Growth. If your company has substantial analytics needs, having dedicated staff and resources can be costly. Your eCommerce platform must provide the data you need to understand how you are doing and identify future opportunities. Leveraging your data analytics can pull you ahead of your competitors.” 
–Maria Pichardo, Business Analyst

 

Different eCommerce platforms enable different buying experiences. Some are designed for high SKU counts, while others are not. How your product catalog matches up with the capabilities of the platform you choose will not only determine the ease-of-use for your customers, it will determine the customization needed to enable better buying experiences… directly impacting project cost and timeline.

 

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3. Ease of Use

If ease of use is a priority for you, we recommend looking into the below areas to ensure the eCommerce platform you pick is the right fit.

Your team’s ability to manage your online store is just as important as your customer’s ability to navigate it. Different eCom platforms have different backends, and the more complex your operation, the more complex your admin panel will likely be. If ease of use is a priority for you, we recommend looking into the below areas to ensure the platform you pick is the right fit.

 

Admin and Merchant Panels

“Merchants want to set up their stores, add products, and manage their site’s look without the need to be technical. They want intuitiveness, simplicity, flexibility, and independence, so they can focus their energy on growing their business. All these have to be considered when choosing your eCommerce platform.”
–Maria Pichardo, Business Analyst

 

Can You Find What You’re Looking For?

“A platform that is easy to use saves your team time in daily administrative tasks, or augments your sales team’s ability to make sales. One key area to evaluate for ease of use is the system admin. Can you find what you’re looking for, from orders and fulfillment to the customer account section? Additional areas to consider, even if you plan on using an external system, would be the email section, the WYSIWYG editor, and content or landing pages.” 
–Aidan McKnight, Solution Engineer

 

Automatic Upgrades & Security Patches

“SaaS platforms handle the hosting, security patching, and platform upgrades automatically, and they typically guarantee high uptime. This helps reduce the amount of stress when managing a store but it does limit the amount of customization that you can do to the platform (as opposed to an Open Source platform).” 
–Dave Gardner, Practice Manager, Business Analysis

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Go-Live Speed

“In many cases, speed and agility to go live with a sellable catalog online is key. Doing so without a highly technical team can sometimes be a challenge. Shopify’s platform offers a solution with an easy to use backend, tools, and ecosystem to quickly build a site with all of the necessary technical features and a user experience that today’s online shoppers expect.” 
–Ben Shapiro, Solution Engineer

Content & Landing Pages

“For our clients, ease-of-use is especially important for creating and modifying content and landing pages. Clients do not want to call a developer to change a hero banner or do simple administrative tasks. The same goes for merchandising and promotions. BigCommerce and Shopify do a great job with content and landing pages right out of the box. I could see a merchant with little or no expereince figuring it out after a few minutes of checking around. It’s very intuitive. While Magento 2 and Salesforce have very similar features, diving in blind may “feel” a little difficult. If you need the horsepower of Magento 2 or Salesforce, set some time aside for training.” 
–Matt Brennan, Account Executive

Easy Front-End Management

“Not all merchants have an internal web development team. All the eCommerce platforms Redstage works with today offer content-building tools which allow merchandisers and marketers to visually create content and landing pages without the need for coding. Most merchants will not need a separate enterprise CMS platform for managing content unless they are working with a lot of dynamic, data-driven content, or managing a very large content library.” 
–Oliver Sosinsky, Sr. Solution Engineer

 

Automating Sales Ops

“A digital product catalog gives a customer the ability to select an item, submit a quote, create a requirements form, and replace the face-to-face conversation with a sales rep. This helps get an order out the door in two-clicks for the sales rep, rather than sending 2 to 3 forms back and forth. If a specific customer gets 5% off, reps can say “the new price is approved and the items are in your cart” in seconds. It’s exponentially faster.”  
–Matt Brennan, Account Executive

 

For Redstage clients, security and content are always top of mind. Both have a big impact on ease-of-use and performance. Installing security patches on a non-SaaS platform can be a hurdle, so some clients prefer BigCommerce, Salesforce and Shopify Plus which have automatic updates. While Magento requires manual security updates, those who use the platform understand its powerful features often outweigh this drawback. In the next section, we’ll delve into the debate between off-the-shelf features and customization to help you plan your migration.

 

4. Customization vs. Out-Of-The-Box

We recommend comparing the out-of-the-box features of each eCommerce platform to keep costs down.

Every eCommerce platform has apps and extensions you can use to enhance your online store. These allow you to add features like AI-assisted search, A/B testing, rewards, and more. Each platform also has different API endpoints that afford you different capabilities (like single sign-on), though not all endpoints are fully customizable. With all these considerations, things can get confusing quickly.

To streamline your decision-making process, we recommend comparing the out-of-the-box features of each eCommerce platform to keep costs down. Once you’ve narrowed your list to the platforms with the best feature-fit, it becomes easier to decide what customizations or apps you’ll need. Download our platform comparison chart here for a side-by-side look at platform features.

 

Consider Before Customizing

“How unique is the feature you are trying to customize? Before customizing a feature, it is worth exploring the options that off-the-shelf features give you as well as the existing solutions in the platform ecosystem. Customizations are great, but if you don’t handle them properly can be costly, time-consuming, and hard to maintain or replicate when re-platforming.” 
–Maria Pichardo, Business Analyst

 

Find Feature Fit First

“Prioritizing feature-fit with a platform’s out-of-the-box feature set can help keep costs down. But remember, if you’re building fully customizable modules outside of the system, you could be losing the benefit of all those apps.” 
–Adam Morris, CEO

 

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O-O-T-B = Lower Implementation Costs

“Sticking to off-the-shelf or “out-of-the-box” features always leads to less implementation time and lower total cost of ownership. The key here is making sure the platform can accomplish your requirements. While Magento 2 can normally handle most things out-of-the-box, it’s possible there could be a TCO or implementation use case that leads us to use a SaaS option. That said, when deep custom work is required, the scaled can shift quite dramatically and favor the flexibility of Magento 2. This can lead to less project complexity by leveraging a more flexible system.” 
–Matt Brennan, Account Executive

Multi-Store Capabilities

“For multi-store websites, Magento 2 or BigCommerce may make the most sense. Although, it’s important to ask why you may want multiple stores. If each store has the same core technology that it needs to integrate with and has the same business goals, then a single Magento instance may be preferable. Otherwise, forcing multiple business units to use the same instance can cause many headaches and unneeded complications.” 
–Dave Gardner, Practice Manager, Business Analysis

 

Checkout Customization

“Check-out customizations are very limited or almost non-existent in some SaaS platforms as this requires permission from the platform provider, which is rarely given. If you need a highly customized checkout experience with features that are not handled by a tech partner –like BOLD for example– you are probably better off going with Magento. In our Mobile Optimization Initiative, we relied on Magento’s fully customizable checkout to create fast checkout experiences that earned merchants more money from existing customers.” 
–Ben Shapiro, Solution Engineer

Future Proofing

“Another benefit to using a native feature over a 3rd party plugin is that you can rely on the platform to maintain that feature as the platform evolves. 3rd party modules often require their own maintenance when a platform is upgraded, increasing ongoing development costs.” 
– Oliver Sosinsky, Sr. Solution Engineer

Additional Software Adds Complexity

“Customization or 3rd party software will increase the load on your website. Before making changes, consider the implications, and evaluate out of the box features. Third party or aftermarket software is developed in a silo and does not consider the interaction between other pieces of software you have installed on your website. As a rule of thumb, look first to the platform for OOTB features before going to customizations. Go to customizations second.” 
–Aidan McKnight, Solution Engineer

 

To recap, picking your platform based on built in features typically lowers implementation cost and minimizes the risks of adding 3rd party software to fill feature gaps. Multi-Store is a special consideration as the feature is not built into all the platforms on our list, and can be tough to implement on Shopify Plus or Salesforce CC. Use this checklist to find feature-fit before narrowing your platform selection further.

 

5. B2B-Specific Features

If you need B2B features for your eCommerce operation, you can easily narrow down your eCommerce platform options.

How might the need for B2B features impact your platform selection? From the initial stages of a consulting engagement, we work closely with businesses to ensure platform fit. No one knows this better than the account executives and solution engineers at Redstage.

 

Align Process and Feature Needs

“The biggest thing our clients ask for are features that line up with current business processes. From a B2B perspective it’s a pretty clear-cut category for feature fit. Tiered pricing, custom pricing, and company management are pretty big differentiators between platforms. If B2B features are important, you can identify right off the bat which platforms are going to fit your needs criteria better. However, it comes down to your business and your priorities. Our solution team recommends you set a weight to each of your goals and feature priorities to narrow your platform options. We prioritize out of the box B2B features, and Magento really shines in this area, while other have B2B suites available from 3rd parties.” 
–Matt Brennan, Account Executive

 

Meeting The Complex Requirements of B2B Buyers

“It’s important to look at not just what your company needs, but how your customers clients will be using the site. Modern B2B eCommerce functionality needs to meet the complex requirements of the B2B world while keeping it as simple as possible to foster an intuitive and stress-free shopping experience.” 
–Dave Gardner, Practice Manager, Business Analysis

 

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B2B Lead Generation

“A lot of B2B businesses need the flexibility to manage products which can not be fully defined, or which require customer interaction in order to complete the order. Industrial machinery for example is usually built to order, and requires some personal interaction with a customer before an order can be finalized. Magento gives us the flexibility to build non-traditional checkout funnels where we are capturing leads, rather than making sales, so the manufacturer’s sales team can take the process forward.” 
–Oliver Sosinsky, Sr. Solution Engineer

On-Premise vs. Software-As-A-Service (SaaS) Platforms

“Depending on the B2B features required by the client, the top picks usually end up being Magento 2 vs. BigCommerce or Magento 2 vs. Salesforce. This really comes down to feature-fit. When identifying B2B needs we can usually assume ‘it will work in Magento’ but that route could lead to higher TCO. Vetting for feature fit and understanding how the platform functionally aligns with business needs can bring a SaaS platform to the table as well.” 
–Matt Brennan, Account Executive

 

Enhancing Existing Capabilities 

“For key B2B features, Magento and Salesforce can be clear choices, though BigCommerce also has the Bundle B2B feature set you can add-on. If your business is a ‘Salesforce org’ and you’re already heavily invested in their technology for one reason or another, Salesforce Commerce Cloud is the easy choice.” 
–Aidan McKnight, Solution Engineer

Bolt-On Options

“For clients considering BigCommerce, we usually recommend BundleB2B to bolster the store’s capabilities. This adds a wealth of useful features, including sales rep attribution, the ability for customers to pay via purchase-orders, assigning different buyer roles with different buying permissions, shared company address books, and a quick order tool, among many others.” 
–Dave Gardner, Practice Manager, Business Analysis

Various considerations must be made and resolved when switching to a new platform. Some eCommerce platforms shine in areas where others don’t (like B2B features, flexibility, or larger app ecosystems) and it’s important to note how the differences can help or harm your business. The final step is to then tie these threads back to project goals, timeline, and budget.

 

 

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The Ultimate Platform Comparison Guide

get your ultimate eCommerce platform comparison guide

If you’re happily driving a 1980’s hatchback, you might not be thinking about the brand-new vehicle options out there. At the same time, someone who’s buying a Ford F-150 has different needs than someone who’s buying a Porsche – and the Porsche buyers probably aren’t worried about maintenance costs…

Regarding eCommerce platform selection, it all comes down to four things: Initial implementation cost, total cost of ownership, fitment for future state, and feature fit. Identifying the platform with the most built-in features on your wish-list can be challenging, so we’ve done our best to make it easy for you.

Download our Enterprise eCommerce Platform Comparison Guide here for the most comprehensive side-by-side view of platform features you’ll find anywhere. If you’re interested in having a formal platform analysis conducted by the Redstage team, contact us today! We’re happy to guide you to the next stage of your eCommerce journey.

 

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4 Strategies to Take B2B Email Marketing to the Next Level

4 Strategies to Take B2B Email Marketing to the Next Level

4 strategies to take B2B eCommerce email marketing to the next level

A well curated eCommerce email list can provide your online store with recurring revenue and provide you with a strong competitive advantage. Realizing that value, however, is highly dependent on how you use it, and a variety of factors that can make or break your bottom line. In 2016, the average open rate across industries was 25% of recipients. If you can reach that number or improve upon it, you’ll see incredible benefits. But how can you get there?

Email marketers employ many useful strategies, such as email verifier tools, list segmentation, performance tracking, and critical CX details Redstage covered in last week’s webinar with dotmailer (video). However, there are four specific types of eCommerce emails that can lead to high conversion rates and drive repeat customers. Implementing each of these is a low-cost investment that, when done correctly, can lead to an extremely high return. 

1. eCommerce Email Up-Selling & Cross-Selling

These types of emails are among the most lucrative in the world of eCommerce email marketing. This becomes clear when you compare the average 25% open rate to the 61.7% seen in post-purchase emails. These can be sent out in a variety of ways, but the following are two of the most common:

  • Follow-up with receipt: include a discount or exclusive offer with post-order receipt or other custom transactional emails, incentivizing repeat purchases and customer referrals.
  • Follow-up with similar items: when a customer purchases an item in a given category or collection, you can send a follow-up email promoting related items (think of Amazon’s “frequently bought together” up-sell strategy).

2. Loyalty Programming

Building a relationship with your customer is extremely important to the long-term value of that customer, and email marketing is a great way to overcome this issue. Here are a few ideas to get you started:

  • “We’ve Missed You”: If a customer hasn’t returned to your store in a while, send them an email that includes a promo code and an easy way to opt out of future communications.
  • Personalized Life Events: Many businesses collect information about customers in order to provide them with personalized service. Consider sending a birthday email, along with a discount eligible for that week or month.
  • Restocking: If your business sells replenishables (like air filters, motor oil, and engine belts), launching automated emails at certain intervals can help keep your brand top of mind when supplies need to be replenished. How long does it take your average customer to go through a gallon of cleaning liquid?

3. Incentives and Promotions

Letting your customers know about a sale or limited-time offer is a tried and true method for driving traffic. Whether you’re offering holiday deals, announcing a new product line, or sharing an exclusive offer, customers are much more likely to be interested if they’re getting a unique product or price. These kinds of emails become critical for B2B buyers, who are always looking for easier ways to find the best product and price. Promotional campaigns like these are often extremely successful. In fact, according to Coteries Lab, “44% of people who received targeted emails acknowledged buying at least one item because of promotional message.” Emails advertising a discounted price have a conversion rate of over 1%, and a 9.68% click-to-conversion rate

4. Win-Back Campaigns for Abandoned Carts

Customers will often be interested in an item, add it to their cart, and then fail to complete the purchase. This lost revenue can be reclaimed simply by reaching out through abandoned cart emails. Something as simple as “Hey, you forgot!” or “Check out now for 5% off your entire order!” can help turn abandoned carts into solid sales. As you might expect, these are among the most efficient emails in terms of conversion, especially when combined with discounts.

While email marketing platforms can help you target any segment of your customer base, these are some of the most common ways marketers use email to reach out. Each option offers a great starting point for strong B2B eCommerce email marketing campaigns. These four methods can have a quick, significant effect on your overall sales. Having trouble with your email marketing? Need a recommendation on what platform is best for you? Ask the experts at Redstage!

 

About Our Guest Author:


Headshot_Rae_Steinbach

Rae is a graduate of Tufts University with a combined International Relations and Chinese degree. After spending time living and working abroad in China, she returned to NYC to pursue her career and continue curating quality content. Rae is passionate about travel, food, and writing, of course.

Here’s How Customer Service Will Kill Brick and Mortar Retail

Here’s How Customer Service Will Kill Brick and Mortar Retail

Customer Service

eCommerce baked-in customer service as a standard. Perhaps early innovators recognized its importance as a differentiator from in-store retail, or maybe it came naturally. Regardless, many traditional retail giants chose to ignore it altogether. In the stories that follow, we’ll explore vast disparities in customer service driving traditional retailers toward bankruptcy while simultaneously skyrocketing eCommerce sales.

Good CX Demands Good Customer Service

Major retailers now seemingly compete with airlines, telecoms and power companies for the worst customer service. The key difference, however, is the range of alternatives. Most regions of the U.S. don’t get to pick between more than two horribly aggravating cable providers, while anyone in the world can choose Amazon over local retailer. As a result, the need for retailers to optimize their customer experiences through customer service is paramount. However, those who only recently realized this may be too late.

Jura Live! A Customer Story:

Jura LIVE! allows customers shopping online to make live video appointments at their convenience, from the comfort of their own home. Customers can see the products in action in real time and leverage the knowledge of a sales rep. to help them make a purchasing decision. For a luxury product such as a super automatic coffee & espresso machine, this adds a significant amount of convenience to the customer’s experience while also dazzling them with high-end technology. These types of high-touch online experiences help the sites that have them dominate those without. Unfortunately, most brick & mortar stores don’t offer these experiences because they refuse to adapt.”

-Dave Gardner, Sr. Account Executive & Team Lead at Redstage

How Retail Heros Became CX Villains

Sears, JC Penney, and Toys “R” Us are known for major missteps that downgraded their in-store experiences and alienated customers. Sears simply stopped investing in its stores. Years ago, company leadership decided to introduce a poorly-managed customer loyalty program that caused much more harm than good. The “Shop Your Way” program caused extended checkout times; both for customers waiting in line behind someone signing up for rewards AND for loyalty members who facing constant discrepancies in “deal” prices at the checkout.

The Fall From Grace

Here's How Customer Service Will Kill Retail

When sales declined, products began to downgrade, the stores themselves fell to disarray, and customers naturally opted for other retailers like Macy’s and Home Depot. As a poorly planned remedy to decreasing sales, Sears chose to cut in-store staff in half across their locations, propelling worsening structural conditions that led to closures all over the U.S. To this day, the company continues to pump products into stores that no one will buy, without the necessary human capital to even unpack them.

A Sears Auto Story

Recenty, Redstage’s CEO Adam Morris had his own customer service blunder at Sears. He entered Sears Auto looking for a particular item, couldn’t find what he wanted, and exited the store only to discover his car had been towed. According to Morris, the towing company contracted by Sears was watching the security cameras while he was inside. Because he parked in a space for “Sears Auto Customers Only,” and hadn’t made a purchase, he wasn’t considered a customer, which allegedly gave the towing company license to tow his car.

In an attempt to get assistance from Sears, Morris spent hours on the phone with a “rude or unhelpful” customer service representatives. At the end of the ordeal, one rep told Morris to file a police report if he felt he was wronged. He had to pay to get his car back — more than the cost of the item he initially intended to buy.

Think he’ll be heading back to Sears anytime soon?

Alienating Your Audience

Here’s How Customer Service Will Kill Retail
JC Penney’s downfall came when it decided to switch to “low everyday prices” rather than focusing on their weekly coupon deals — something that created buzz from local customers and drove them to stores. At the same time, JC Penney switched focus from inexpensive products to more upscale merchandise, further alienating their customer base. As a result, shoppers decided to shop elsewhere. For a company founded on a middle class audience and low prices, this change was a signal for lifetime shoppers to exit, with seemingly no plan in place for attracting a higher-paying target audience.


Retail Giants’ Company Value Shift (2006 – 2018)

 
2006
2016
2018
06 – ’18
Company
Value ($B)
Value ($B)
Value ($B)
% Change
Sears
$14.3
$0.9
$0.3
-98%
JCPenney
$18.1
$1.7
$1.2
-94%
Source: Peter Diamandis, “The Future of Retail


Know Your Customers (or else)

Toys “R” Us CEO David Brandon mentioned in a recent SEC filing that the toy giant’s inability to invest in customer experiences in-store accelerated the death of the company. Last fall Brandon said the company’s mounting debt caused them to lose their competitive edge “on various fronts, including with regard to general upkeep and the condition of our stores.” In addition to the “general upkeep” Brandon mentions, if you’ve walked into a Toys “R” Us outside of the holidays, you’d understand. The massive store would appear as a moonscape, cold and nearly lifeless, save one or two employees and some barely audible music. Is that the environment that makes kids and parents think of fun?

This blog post does an excellent job of describing how Toys “R” Us could have boosted their customer experience through the roof, and honestly, it was probably within reach. “Special store events could include Nerf gun battles and dress up contests. Store representatives could excel at providing toy recommendations for particular age groups and interests (ever wondered, “What the heck do a get for my 8-year-old niece for Christmas?”).” These are the customer service based experiences consumers expect in our high-touch world. With eCommerce personalizing every customer interaction, it’s no wonder retail’s value continues to diminish.

Here’s Why Retail Will Die

As we can interpret from the examples above, traditional retail’s refusal to adapt (or perhaps retail’s lack of understanding about eCommerce) will be the industry’s ultimate downfall. One-time giants like Sears are ignoring systemic issues that directly impact in-store and over-the-phone customer experiences. Customer-minded marketing, store upkeep, and customer service — once staples of the retail experience — are being outsourced, downgraded or eliminated.

How To Bring The Magic Back

Here’s How Customer Service Will Kill Retail
In a last-ditch effort to get customer engagement, Toys “R” Us launched an AR app called “PlayChaser” to create gamified in-store experiences. There were a few issues with this, like parents who didn’t want their kids running around a massive store with their tablet — and also the fact that the company had already declared bankruptcy — but the intent was there. Toys “R” Us was ready to repent for decades of customer boredom, but it was too-little-too-late.

Retailers seeking a strong, successful revival need three things:

  1. A unified strategy that blends digital and physical experiences while thinking realistically about in-store capabilities (like employees, upkeep, and tech).
  2. A highly-tailored online experience that combines hardcore marketing tactics with artificial intelligence to boost customer retention & sales (watch video).
  3. Unrelenting customer service that makes everything easier for the customer (yes, we mean everything). Understand your customers and meet their demands.

Final Thoughts

Circuit City recently announced an ambitious plan to resurrect the company with an eCommerce focus and an impressively cool omnichannel strategy. The digital retailer relaunched February 15th and is moving forward rapidly. If Circuit City can make a comeback, maybe it’s time for other retailers to get with the program.