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Old 06-17-2008, 03:00 PM   #1 (permalink)
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How to choose an ecommerce product?

In the part I, I had discussed briefly about how most of the small businesses go about selecting a product, whereas a successful small businessmen would be careful and would evaluate the product based on various aspects listed below before making a choice.
I will relist all the important factors, which one should consider before buying an ecommerce product (www.ritecart.co.uk) or software for their company.
1. Ease of configuration
2. Ability to Scale
3. Useful latest features
4. Available marketing tools with the product
5. Ability to analyze data (analytics, not only google analytics!!)
6. Reports
7. Integration (with other modules, Like epos with near realtime online/offline synchronization of data and other packaged application )
8. Customer Service
9. Technical Support
10. Technical Implementation Aspects
11. Build vs Buy
Ease of Configuration-
It is very important that the product is configurable and suited for one’s current needs and future needs, Like some of the things one may want to determine that how easy it is to
· Add products, categories and catalogs. Can this be dynamically created using administrative tool and dynamically displayed on the user side? Can it support multiple images with different resolution to be displayed on the user side?
· Look and manage all the orders placed by the administrator? Before placing the order, does it check for inventories? Does it notify the administrators, if the inventories go below a threshold value? Can the administrator mix and match the shipment to the customer?
· Create new sales store and new warehouses for inventories? Can the store’s inventory be picked up from different warehouses?
· Define several types of prices for the same product like list price, default price, component price, sale price etc? Can the price be dynamically setup using a rules engine?
· Associate a product with host of features like size, color, height, width, UOM, density, length etc? Can the product be setup and shown on the user side on any of the feature mentioned above or any of your new custom features?
· Return an order, look at shopping list/wish list, browse through the items last visited, go to most popular products in store, discounted product or special product in store, look at promotional products, place a review on the product, recommend a product or provide a valuable feedback and look at the products which are most sought by the people who had brought the same product as the customer in past?
· Can I select or add a new payment processor easily? I may want to use PayPAL today but I may need GoogleCheck out tomorrow. How many Payment engines does the product support?
· Customize my shipment company or add a new shipping company? Can I integrate directly with ups, RoyalMail, USPS, Fedex etc?
Ability to Scale

You can build your solution using one of these options
1. Build with a good reliable vendor onsite (with or without an open source solution)
2. Build with a good vendor offshore
3. Build with a small vendor onsite/offshore
4. Go for your own development with some open source tools

Point 1, 2 &3 are feasible but one should ask himself the following questions, is the cost feasible? Will the vendor understand all the functional needs of the ecommerce solution? How long has the vendor been in the ecommerce solution market? Will the solution be ever built? Will it work as per expectations? Can the software vendor be relied upon? How much time will it take? What impact does it have on my business if it is not delivered to my satisfaction?
Finally for option 4, if you decide to pursue an open-source application to manage your store, make sure to thoroughly research and examine your options. Is the project continuously updated, or has it been stagnant for a long time, with very few updates on the project and very little news as to where it is headed? Several open-source solutions are released every year. However, very few have the longevity that you will need to be used as a foundation for your online store. Examine the programmers behind it, and others who use the program.
Buying option is a much easier option. One can feel and see the solution. One can make sure that he has got everything in the product he needs. Also, he can be rest assured that the company has the required functional, technical and support expertise to support all of his needs.
Finally, look at the company that’s behind your eCommerce solution (www.ritecart.co.uk). What have they done in the past? Are they a growing enterprise, likely to continually make improvements to their firm, and pass on those benefits to you? When considering a package, make sure that the company you are dealing with is credible, with a solid reputation to back up any claims. See where your customer and technical support will come from. Is it in-house or out-sourced? Do they have a solid, supportive community in the form of a forum, blog, or network of satisfied eCommerce businesses (www.ritecart.co.uk)? Examine the philosophy behind the company. Ask for references or email others, who’ve used their services in the past, and see what they have to say about the different aspects of the company you may be working with. These are the people who are going to help you build your business and make it a success; so choose wisely.
Ritecart product (www.ritecart.co.uk) is sold in two flavors (Lite & enterprise). If you are looking for ecommerce software, Please request for a quotation from our Sales team.
We have got the right product for you tagged with the right price!!!
Author is working as a Senior Retail Analyst with Palindrome Software Labs (www.palindromesoftware.com).
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Old 07-11-2008, 11:51 AM   #2 (permalink)
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Nice work! Thanks for sharing this nice information.
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