Enterprise resource planning (ERP) system is a set software tools for business management. Usually, it is a suite of integrated applications, that an enterprise or a company can use for data collection, storage, management and interpretation. ERP covers core business processes in real-time. Such business resources as raw materials, cash, production capacity and stocks are tracked in ERP system. It also monitors the status of business commitments: payroll, orders and purchase orders. With ERP system you can turn your Magento store into more robust and profitable business unit.
Yahoo has relaunched its Saas e-commerce platform called Stores. SaaS stands for software as a service. It is a special licensing and delivery model for software in which it is licensed on a subscription basis and hosted centrally. Redesigned Yahoo Stores makes it significantly easier for businesses to get online; provides mobile first e-commerce; brings forward the date of the first sale, and is enough resizable to support growing ecommerce web-stores.
Being the primary type of multichannel e-commerce, online marketplaces form a special type of e-commerce sites with product and inventory information provided by multiple third parties and transactions processed by the marketplace operators. The operator can also be a vendor, like Amazon, for example. The good news is that you can turn your Magento store into an online marketplace with ease. In this post, we will tell you how to do this.
First of all you will need a Magentostore. The second important condition is the correct extension, suite, module or tool. We will focus on the four solutions: uMarketplace Suite, apptha MarketPlace, Magento Marketplace Multi Vendor Module and Multi Vendor Marketplace Magento Extension.
When it comes to choosing the right e-commerce platform there are a lot of nuances to think about. In this post we’ve compared Magento with WooCommerce. Both are open source, but they still have some major differences. As a result WooCommerce, which is a base for over 259,000 sites, overtakes all versions of Magento (over 213,000 sites) in popularity. Flawless connection with other platforms and systems is one of the main reasons that WooCommerce achieved a growth of 452% over the last year. But lets compare both platforms.
Multichannel marketing is a kind of marketing, which uses different channels to reach a customer. Such channels includes retail stores, web sites, mail order catalogues, or direct personal communications by email, letter, text message, or phone call. In multichannel marketing customers are involved into browsing, buying, returning and pre/post sale services. The objective of such kind of marketing is to make it easy for a customer to buy in the most appropriate way. As a result, companies providing multichannel marketing get more loyal buyers, attract new target audience and increase revenues. Being a relatively new trend, multichannel marketing for e-commerce already includes a lot of multichannel sale services & extensions for Magento. It relies on the same principles as multichannel marketing, but has a limited number of channels represented by different marketplaces and online stores.
Mobile technologies are integrated into almost every aspect of modern business. You can not only buy something and pay for it with the help of your smartphone, you can also accept credit cards on it and, furthermore, turn your device into a point-of-sale system for your business. If you are looking for modern payment options aimed at the integration of you business with mobile technologies, this post is for you.
We have already written about the best Magento templates and now it is time to tell you about the best free solutions. Generally, free Magentotemplates and themes have less features and opportunities than paid, but one of them can become a perfect basis for your small custom project. Further, we gathered all the necessary information about the best free Magento templates and appropriate download links. If you have limited budget for your e-commerce store, this post will be useful for you.
Make your customers more interested in your e-commerce store and goods by showing them all the related products. Often, it is very convenient. Imagine the situation, when occasional visitor is dissatisfied with the specific product from your store: the price is too high, the color is not desired, or its functionality is not like your visitor imagined. But you have the substitute with lower price, desired color, or necessary functionality. Chances are you occasional visitor will leave you e-commerce store without any attempts to find this substitute. By using correct related products Magento extension, you can change the situation. You will automatically generate related products for the entire catalog of you web-store, so all the substitutes will be displayed on appropriate product pages. Below, we’ve gathered the most popular related products Magento extensions.
Abandonment of virtual shopping carts happens quite common. The abandonment rate for e-commerce retailers varies between 60% and 80%, and an average index is 67.91%. To find out shopping cart abandonment rate, you have to compare the number of abandoned shopping carts with the total shopping carts number. For example, there were 50,000 attempts to buy something from online store during the month, but only 10,000 transactions have been made, so 40,000 carts have been abandoned. It means that abandonment rate is 80% ((40,000/50,000)*100%=80%). But it is possible to decrease this index with the help of shopping cart abandonment Magento extensions. The best tools are described below.
Magento Connect Stuff Picks includes 3 pages of both free and paid extensions. WordPress integration, one page checkout, social marketing apps, taxes, shopping, different reports and a bunch of new features are among them. Magento Connect Stuff Picks extensions were carefully selected by Magento team, so they are the most useful, interesting or unusual solutions for your e-commerce webstore.