E-commerce has provided a fair platform for small and medium-scale industries to compete with much larger and established competitors in the modern digital world. Brands adopting direct-to-consumer business models can effectively convert traffic, recruit, and retain new clients. They can also deliver a spectacular user experience through the utilization of the best software and talent. However, as competition intensifies, businesses need to go beyond just offering quality and pricing to deliver seamless online experiences that mirror their brand excellence.
A positive online shopping experience builds brand loyalty and increases customer lifetime value. Forrester, one of the most renowned research and advisory firms, claims that brands excelling in customer experience grow at a higher rate compared to their competitors.
In online shopping, every moment counts, from browsing your site, and receiving updates on the status of orders via emails or text messages to interacting with sales representatives and customer service. Customers, be they B2B or B2C, will accept nothing but perfection at each touchpoint.
Why Use NetSuite for Online Shopping?
In this dynamic e-commerce environment, businesses are constantly looking to find ways of streamlining operations, enriching customers' experiences, and keeping competition at bay. Oracle NetSuite is a comprehensive ERP solution that makes a game-changing approach to such kinds of challenges head-on.
NetSuite goes a step beyond being an ERP, it allows for a continuous, interactive online experience through one integrated commerce platform. Online shopping, inventory management, order processing, and customer relationship management are all integrated into a single, centralized system. Centralizing provides real-time visibility of inventory, order status, and customer activity in one place and helps the business act accordingly with precision and insight.
Pre-defined commerce reports enable clear, actionable insights. KPIs, help you run your business more wisely. Whether it is a B2B, B2C, or any multi-store business, NetSuite's SuiteCommerce Solution helps one provide seamless, personalized, and omnichannel shopping experiences across in-store, web, and mobile.
Benefits of NetSuite for E-Commerce
• A full-stack solution that provides liberty over multiple devices.
• Manage both B2B and B2C commerce on one platform while gaining complete control over every channel.
• Businesses can gain insights into inventory levels, order statuses, and customer interactions in real time.
• Simple to use and enables new additions via extensions.
• The platform grows with your business, ensuring it meets your evolving needs without the need for additional integrations.
• It integrates with other NetSuite tools including order and inventory management, CRM, and ERP.
• Unify the shopping experience across all touchpoints, from e-commerce and POS to order and inventory management.
• A NetSuite-integrated mobile point-of-sale system provides sales associates with the tools. It also provides the information to assist and engage customers.
• Orders from numerous channels- POS, web, call center, mobile, and kiosk all managed in one spot.
• SuiteCommerce delivers mobile-optimized, feature-rich solutions that drive traffic and boost conversions across devices.
What Exactly is NetSuite SuiteCommerce?
SuiteCommerce is NetSuite’s cutting-edge e-commerce solution, designed to help B2B and B2C retailers deliver immersive online experiences. SuiteCommerce operates as an integral part of the NetSuite suite of cloud-based business management applications. It provides a unified view of customers, orders, inventory, and other critical data.
NetSuite SuiteCommerce enables real-time visibility throughout your organization, helping you offer tailored, cross-channel experiences while streamlining backend operations. Whether you are processing orders or managing inventory, SuiteCommerce simplifies the entire process, allowing your business to operate more efficiently while meeting customer expectations.
Benefits of SuiteCommerce
- Architecture that is simple to maintain without a ‘version lock’ and automated updates.
- A fast and efficient site experience provided by a well-optimized network. It results in faster content with improvement in engagement and conversion rates.
- To create a storefront quickly pre-built, flexible, feature-rich templates are available.
- Drive more traffic to your site using built-in SEO and marketing features designed to improve the visibility of your site.
- The same place for online, in-store, and mobile commerce for seamless ease in streamlining your operations. That ensures a multi-channel business is aptly supported.
- Ensure a seamless, consistent user experience across all devices, from desktops to smartphones.
- Get up-to-the-minute visibility into inventory, order, and customer information so there's never any decision made not supported by real-time facts. Monitor and handle customer accounts from a single site.
- One can use dashboards to get corporate information and data.
- SuiteCommerce offers intuitive tools to easily manage, edit, and schedule site modifications through intuitive drag-and-drop features without requiring technical expertise.
- Streamlines order processing and fulfillment, along with supporting multiple sales channels and complex pricing structures.
Issues resolved by NetSuite Commerce
Fragmented Retail Experiences
Using a single source of customer, order, and inventory data, unify the online and in-store purchasing journeys.
Delays in customer orders
Consolidate order processing to increase customer happiness while delivering purchases quickly, reliably, and economically.
Supplier management is inefficient
Integrate international distribution and supply chains to share real-time information. It improves coordination and response and reduces time to market.
Data from a variety of sources
Consolidate scattered sources of customer, order, and inventory data into a single repository to gain real-time visibility across your organization.
Inconsistent User Experience Across Devices
Incorporates responsive web design, ensuring a consistent and optimized online shopping experience across various devices, including desktops, tablets, and smartphones.
Financial Management Complexity
Integrated with financial modules, SuiteCommerce automates processes such as invoicing, revenue recognition, and financial reporting.
Analytics and Reporting
Provides robust analytics and reporting tools, allowing businesses to gain insights into their e-commerce performance.
NetSuite is a unified and complete solution for any e-commerce shop to manage data, sales transactions, and payments. You can integrate it with other prominent e-commerce solutions and stores as well.
Which E-Commerce Platforms Allow Integration with NetSuite?
Almost all major e-commerce systems now support NetSuite integration. NetSuite is a proven, robust e-commerce solution provider. It prompts all major platforms to develop plugins to ease seamless integration.
SuiteCommerce Advanced (SCA), Magento 2.0, BigCommerce, Shopify Plus, and WooCommerce are some of the top e-commerce CMS systems. One needs to mention them for NetSuite connection with your e-commerce store. NetSuite integration with Magento is already popular, with several leading e-commerce sites using it.
How NetSuite eCommerce Integration Makes Shopping Like Never Before?
The software is the premier unified e-commerce platform. It is because of the professional and expertise-driven way it manages data. Simple and engaging shopping experience make this solution hugely popular.
• NetSuite enables efficient and pinpoint accuracy data processing, as well as process automation.
• Allows a smooth browsing experience that encourages visitors to make genuine retail transactions.
• NetSuite Integration eliminates or lessens the need for human interaction in critical processes like monitoring and data transfer. As a result, accuracy and precision improve.
• The NetSuite Unified system enables consolidated information management across several channels.
• The NetSuite Integrated service aids in data synchronization over numerous e-commerce websites.
Customers value user experience because they anticipate meaningful and consistent interactions with the business they deal with regularly. E-commerce sales are expanding by double digits year after year. Firms wanting to compete must focus on technologies that boost online brand awareness and provide compelling customer experiences.
With NetSuite e-Commerce solves all data management, customer analytics, and shopping experience problems. It has compiled a collection of the best practices from tens of thousands of global deployments over the last two decades.
Ready to Take Your E-Commerce to the Next Level? NetSuite’s unified e-commerce platform offers everything you need to provide your customers with seamless and engaging shopping experiences.
With Jobin & Jismi, a certified Oracle NetSuite partner, you can unlock the full potential of NetSuite and propel your e-commerce business to new heights. Contact us today to explore how we can help you create a future-proof e-commerce solution tailored to your business needs.