What you should know before replatforming your e-commerce business.
Escalating
costs, out-of-date functionality, lackluster customer
experience… does this nightmare sound all too painfully familiar? Unfortunately,
most e-commerce businesses experience these struggles at one point or another,
and it’s a sign that it might be time to consider replatforming. In fact, if these challenges aren’t anything new to
you, you probably should’ve begun the process already.
Whatever your motivation for e-commerce replatforming may be, it is a significant decision that shouldn’t be taken lightly. It will
impact your business in a big way and it is highly recommended that you are
well-prepared to achieve the best outcome possible.
To
help you approach e-commerce replatforming with confidence, FACT-Finder reached
out to an expert on the topic. Paul Montwill, CEO of abcommerce and
Magico, has over 20 years of experience in e-commerce and has assisted
countless businesses, from start-ups to leaders in Irish retail, in the tricky
process of replatforming. The following interview with Paul will answer some of
the most frequently asked questions regarding e-commerce replatforming and help you understand what obstacles to expect – and even more
importantly, how to avoid them.
So without further ado, let’s dive deeper into the topic of replatforming an e-commerce business.
What are the main reasons businesses decide to replatform their e-commerce site?
Paul: Well, there’s a number of reasons, but they all tend to fall in 4 main categories: financial, technical, functional and support.
Financial
From a financial perspective, your existing e-commerce platform
might have high maintenance and development costs. This
is a particular issue with custom-built solutions like Magento, where every
time you want or need new functionality you have to pay for it. E-commerce is
constantly evolving, and by the time you have finished getting the
functionality built and paid for, it could already be out-of-date. Then the vicious cycle continues and you already
need to begin looking for an upgraded version, which is far from ideal.
Technical
There are many technical reasons as well. A lot of websites suffer
from a lack of ERP/ePos integration, and this is very important for scaling an e-commerce website as you want to ensure
stock levels and pricing are fully kept up-to-date and that orders
automatically download into the ePos/ERP. When done well, you can have the
confidence to sell high volumes meanwhile also reducing the manual labour load.
Another technical reason relates to the instability
some e-commerce businesses face during peak traffic periods. This is
quite a common scenario, where a website normally does just fine but then slows
down significantly during Black Friday and other peak traffic
days. Of course, this is when the website is actually meant to be making the
majority of its money so it can be quite problematic for an e-commerce
business.
Functionality
From a functional perspective, there might be a lack of 3rd party integrations to help you optimise the customer experience in your online shop. A common issue with some e-commerce platforms is that whenever you need to add something to your website, you have to spend 2 to 3 months doing custom development and testing, when you should just be able to turn it on and see sales increase. For example, 3rd party services such as intelligent search and navigation, like what FACT-Finder does, can be easily switched on or off with the right e-commerce platforms.
Another function-based reason businesses decide to replatform their
e-commerce site is due to a poor mobile experience. Mobile has now surpassed
desktop and tablet as the most frequently used device for making purchases – it is absolutely crucial that your mobile experience is kept
up-to-date.
Support
Last but not least, customer service concerns are definitely a
factor – perhaps your current e-commerce platform provider isn’t innovative enough to keep with the times. There’s also currently a
movement away from custom-developed solutions to off-the-shelf e-commerce
platforms, because partnering with an agency can keep you more focused on
driving online sales as opposed to going through the motions of a custom
development. Retailers now expect that their web agencies are going to come to
them with recommendations on functionality – not the other way around.
Okay, so there’s definitely a lot involved with making such a big decision. Let’s say a retailer has made the leap and has decided to replatform their e-commerce site. What are the different options or routes available to them?
Paul: In general, your options would be to go
with custom built, off-the-shelf or just upgrading your current e-commerce
platform. Of course, there’s a lot to consider before choosing which way to go
– there’s no right way for every e-commerce business.
Custom-built
With
a custom-built solution, the end result tends to be more expensive. You are
responsible for the functionality which means you have total control.
Unfortunately, changes can take time, are costly and may not always be in line
with current e-commerce trends.
Off-the-shelf
With
an off-the-shelf solution, like abcommerce,
you will have less flexibility and control than with custom-built, but you will
have access to functionality that is current with e-commerce trends. The costs
will also be significantly less and functionality will be implemented quicker,
including with 3rd-party integrations like FACT-Finder that the agency has a
relationship with.
Upgrade
There
may also be an option to upgrade your current platform, but you should only do
so if you are confident that your current provider can solve the issues that
made you consider e-commerce replatforming in the first place. Additionally,
you should be sure that they can provide you with the scalability you need for
the future. If this is the case for you, then staying with your current
provider may be the best option. Bottom line – is your current provider
contributing to the growth of your online sales, or stunting it?
Let’s say a business isn’t completely confident with their current provider and they decide to go with an off-the-shelf solution. What are some important points to consider when choosing an e-commerce replatforming partner?
Paul: Great question, and it’s definitely a
big decision for an e-commerce business which they shouldn’t take lightly. You
should really cover all of your bases and ask all of the right questions before
making your final decision.
Strategic Considerations
From a strategic
perspective, you need to look at the model they are suggesting. Are they
talking cloud, or custom development? You need to find out what their roadmap
is for the future and also make sure that you can have a good working
relationship with this partner for the next 5 years or so.
Integration Considerations
It’s also important here to check which 3rd-party integrations an e-commerce replatforming partner is involved with already because that makes it easier to switch on important functionality like optimised search and navigation.
Functionality Considerations
From a functional
perspective, you need to make sure that all the essential functionality you
currently have is included in their platform and, if there’s new functionality,
that it could easily be added to your platform as well. You shouldn’t just turn
on new functionality straight away and maybe unnecessarily clutter your
website. You must make sure that each added piece will have an improvement on
your traffic, conversion
rate, site speed, site stability or even your mobile experience.
Support Considerations
And lastly, you
would need to look at the data migration services offered to make sure that
there’s enough assistance and support there to help you migrate to the new
e-commerce platform seamlessly.
Many businesses have e-commerce tools integrated into their shop to improve the customer journey. Is it difficult to transfer their existing tools to the new platform?
Paul: It can be, it depends. If you’re going
custom-built it can be quite difficult to bring them across and you would have
to custom build each integration.
For an off-the-shelf
platform, you might be able to switch on an integration. For example, abcommerce is an off-the-shelf platform and it
has a very good integration with FACT-Finder. Because of this, you can just
switch that on and there’s no extra integration required. If the e-commerce
platform you’re looking at doesn’t have an existing relationship with the tool
you’d prefer, it is still possible to integrate and the agency can generally
help you with that, but you’d still have to go through an integration process.
What are some of the biggest obstacles or fears that businesses face when they undergo e-commerce replatforming, and how can they be addressed?
Paul:
Project Blowout
Well, one major fear
is project blowout – along with the cost and time that goes with it. We have
all heard the nightmare stories of e-commerce replatforming projects taking
years to complete. Our advice would be to go with an off-the-shelf platform
whenever possible as this will dramatically reduce the risk of project blowout.
With this route, the project shouldn’t take longer than 2 to 4 months to
complete when done correctly.
Failure
A second fear is
that the project may not be seen as a success post-implementation because
e-commerce replatforming projects can use a lot of resources, both financially
and by taking employees away from their usual responsibilities. To avoid this,
you need to be very clear what the goals of the project are from the beginning
and make sure that these goals are communicated to all stakeholders. It may not
always be about immediately increasing sales but rather improving internal
processes or reducing costs.
We would also advise
you to be careful about timing when you conduct a migration of your e-commerce
platform – you don’t want to migrate during your peak selling time, so plan
ahead so that the migration happens at the best time for you and your business.
Finally, ensure you
have a robust go-live plan that allows for proper testing and that all the
required support is in place. For example, ensure you have the correct person
lined up to update the DNS settings and don’t leave it to the last minute.
Dip in SEO
There is always a
fear that your SEO will suffer as a result of e-commerce replatforming. This
does not need to be the case if you manage it correctly, however, and the
replatforming could actually end up having a positive impact on your SEO. One
helpful bit of advice – make sure that you are using 301 redirects properly.
Limited Resources
Many businesses also
fear the impact e-commerce replatforming will have on their web team. A
migration can “pause” your web team for a few months and take them away from
online sales. To minimize this, carefully plan your project and bring in
temporary resources to do the migration.
Catalogue Migration
A big obstacle in
e-commerce replatforming is migrating your catalogue. When choosing your new
platform, make sure that you can either export your catalogue or better still
that you are integrated with your ePOS/ERP.
Wrapping it up
E-commerce
replatforming can be daunting – but it’s certainly do-able if you go into it
prepared and with agreed-upon goals. It’s important that you recognize the
warning signs early on about whether you’ll need to replatform in the near
future so that you have plenty of time to do it right and find the best
e-commerce partner for you.
If you’d like to
learn more about e-commerce replatforming, contact abcommerce here.
If you’re interested in improving the customer journey in your online shop, reach out to our e-commerce experts here at FACT-Finder for a free, 15 minute demo using the form below:
Meet the Speaker
Paul Montwill is the CEO and technical architect of abcommerce and Magico. He specialises in e-commerce and analytics, which inspired him to give abcommerce it’s fitting name based on Analytics Based e-commerce. Over the past 20 years, Paul has worked with many of Ireland’s top online shopping destinations. He is proud to have been involved with many of the initial fast growth online start-ups when Irish e-commerce was still in its infancy, right through to today working with many of Ireland’s leading online retailers.
abcommerce is an industry leading e-commerce platform that allows rapid entry to market via an easy-to-use, low-technology solution that drives growth and success through data driven clarity while providing an excellent customer experience.
FACT-Finder is the expert-voted #1 Best Site Search Solution. Our leading e-commerce technology combines all online shop functions that lead customers to the right products in record time. With our 19 years of experience and over shop projects, retailers experience more sales across digital retail channels – up to 33% on desktop and 125% on mobile.