eCommerce business is growing steadily across the globe. According to eMarketer reports, global retail e-commerce sales will reach a new high by 2021. It’s expected to reach $4.9 trillion by 2021 compared to $1.3 trillion in 2014 [Ref]. Omnichannel shopping, personalization, and better customer experience are the key factors to drive more engagement and sales to e-commerce business owners.
“One System to Manage Your Business! Web Store, Sales, Inventory, Accounting, etc.”
Innovation has historically been seen as the final step to realizing ERP benefits – but too few brands have gotten to that step, and fewer still have been able to innovate as effectively as Amazon or the litany of rising micro-brands.
Most brick-and-mortar businesses lack providing real-time data access and accurate inventory levels when channels are decentralized. It hurts the customer experience adversely. In fact, 33% of customers have ended their relationship with brands with less or no personalization.
Know how NetSuite eCommerce integration ensures seamless shopping and customer experience:
A new study from Forrester Consulting, commissioned by NetSuite, reveals that 62% of the midmarket, B2B sellers planning an e-commerce purchase intend to adopt an integrated solution.
Make customer experience as your #1 priority
The future of eCommerce significantly depends on personalization. According to reports, 73% of customers are using multiple channels during their shopping journey. NetSuite ERP- eCommerce integration allows you to understand how a customer buys, marketing channels they engage, and the driving factors to purchase. According to reports, customers who use more than 4 shopping channels are likely to spend 9% more in the store.
As e-commerce sales continue to grow, businesses are investing more in achieving an omnichannel experience. With a plethora of information and competitors in the market, it’s tough to entice and win over customer expectations.
Online customers are tough to attract. They need an appealing website, easy navigation, hassle-free order processing, and quick payment gateways. Apart from this, your website should provide a detailed product description and inventory management across all sales channels. The more you interact and please customers, the more you can expect sales out of visits.