In today’s competitive business landscape, multichannel eCommerce has become an essential strategy for companies aiming to grow and expand their customer reach. By leveraging multiple channels, businesses can enhance their online presence, improve customer experience, and boost overall sales.
In this blog post, we will explore the key benefits of multichannel B2B eCommerce and introduce 12 B2B eCommerce platforms to consider, including OroCommerce.
The Benefits of Multichannel B2B eCommerce
Multichannel B2B eCommerce has proven to be a game-changer for businesses that want to reach a broader customer base and drive growth. With multichannel B2B eCommerce, businesses can sell their products across various platforms, such as Facebook, Amazon, eBay, and their own eCommerce website. Multichannel B2B eCommerce enables companies to maximize their sales opportunities, enhance customer experience, and improve brand visibility.
One of the main advantages of multichannel B2B eCommerce is that it offers businesses greater flexibility. Since companies can sell their products through several channels, they can explore new markets and target new customers.
Different channels also allow companies to experiment with pricing strategies or product lines. Multichannel B2B eCommerce also provides businesses with a seamless and consistent customer experience across all touchpoints, from product discovery to purchase and delivery.
Increased Sales Opportunities: By adopting a multichannel B2B eCommerce approach, businesses can tap into a broader customer base and explore new revenue streams. According to a survey by BigCommerce, companies with three or more sales channels experience 190% higher revenue than those with only one channel.
Enhanced Customer Experience: Multichannel B2B eCommerce allows businesses to provide a seamless and consistent customer experience across various touchpoints. Companies can cater to diverse customer preferences and offer personalized experiences by being present on multiple platforms.
Improved Visibility and Brand Awareness: Expanding the online presence through multichannel B2B eCommerce increases brand visibility, attracting potential customers from various platforms. A study by ChannelAdvisor found that 83% of consumers use marketplaces to discover new products and brands. Businesses can gain exposure to new markets and customers by being present on these marketplaces.
Optimized Sales Process: Utilizing multiple platforms enables businesses to streamline their sales process and reach customers at every stage of the buyer’s journey. By integrating inventory, order management, and customer data across channels, businesses can improve operational efficiency and reduce errors, enhancing customer satisfaction.
Flexible and Scalable Business Strategy: Embracing multichannel B2B eCommerce allows businesses to adapt to changing customer behaviors and market trends. By diversifying their channels, companies can pivot quickly and expand to new platforms and markets as needed.
12 B2B eCommerce Platforms to Consider
Choosing the right platform is critical when implementing a multichannel B2B eCommerce strategy. Here are 12 B2B eCommerce platforms, including OroCommerce, that offer robust features and integrations.
OroCommerce: OroCommerce is a flexible and scalable B2B eCommerce platform designed specifically for businesses. With built-in multichannel capabilities, OroCommerce seamlessly integrates with various sales channels, including marketplaces, social media platforms, and more.
BigCommerce: Known for its user-friendly interface and extensive integrations, BigCommerce offers comprehensive multichannel solutions for B2B businesses. It enables seamless syncing of products, inventory, and orders across various sales channels.
Shopify Plus: Shopify Plus is a popular cloud-based platform that offers advanced multichannel capabilities for B2B eCommerce. With its intuitive interface and robust backend infrastructure, Shopify Plus provides scalability and flexibility for businesses of all sizes.
WooCommerce: As a WordPress plugin, WooCommerce provides a customizable and feature-rich platform for B2B eCommerce. With various extensions and integrations, businesses can quickly expand to multiple sales channels.
NetSuite SuiteCommerce: Designed for mid-sized and enterprise-level B2B businesses, NetSuite SuiteCommerce offers comprehensive multichannel management, including marketing automation, order management, and customer service tools.
Salesforce Commerce Cloud: Utilizing the power of Salesforce’s CRM capabilities, Commerce Cloud offers a seamless multichannel experience for B2B businesses. It includes inventory management, personalized shopping experiences, and social media integrations.
SAP Commerce Cloud: SAP Commerce Cloud is an enterprise-grade solution that allows businesses to manage multiple sales channels from a centralized platform. Its robust capabilities enable businesses to deliver personalized experiences and optimize sales processes.
Oracle Commerce: Oracle Commerce offers a comprehensive suite of tools for B2B businesses, enabling effective multichannel management and delivering personalized experiences. It integrates with various channels, including marketplaces and social media platforms.
IBM Watson Commerce: IBM Watson Commerce utilizes AI-powered technologies to provide personalized and data-driven experiences across multiple sales channels. It offers a range of B2B eCommerce capabilities, including order management and customer service tools.
Hybris: Hybris, now part of the SAP Commerce portfolio, provides a scalable and customizable multichannel B2B eCommerce platform. It offers comprehensive features, including product information management, marketing automation, and customer service tools.
PrestaShop: PrestaShop is an open-source B2B eCommerce platform that provides flexibility and a wide range of integrations. With its multichannel capabilities, businesses can quickly expand their online presence to multiple channels.
Volusion: Volusion offers an all-in-one B2B eCommerce platform with robust multichannel capabilities. It provides features like inventory management, marketing automation, and social media integrations to enhance sales across various channels.
By considering these platforms, businesses can find the one that best suits their needs and objectives in implementing a successful multichannel B2B eCommerce strategy.
In conclusion, multichannel B2B eCommerce brings numerous advantages, from increased sales opportunities and enhanced customer experience to improved brand visibility and a flexible business strategy. By leveraging the right B2B eCommerce platforms, such as OroCommerce, businesses can effectively harness the power of multiple channels and unlock new growth opportunities.