Top Digital Commerce Platforms for B2B and B2C Businesses
A Digital
Commerce Platform is software that enables organizations to develop, host,
and administer online storefronts. Merchants may create branded storefronts to
offer goods and services. It's the cornerstone for online shopping, allowing
customers and sellers to communicate seamlessly.
Digital commerce platforms are classified into three types:
B2B, C2C, and B2C. These platforms provide companies with a one-stop solution
for managing back-end tasks such as accounting, inventory management, customer
care, and order administration. Merchants may use this web-based tool to manage
their inventory and orders, connect with customers, sync with other apps, and
more.
It is a business concept, not simply a piece of technology.
It offers a complete solution for companies to manage their online stores and
backside operations. In this blog, we will discuss the meaning of DCP, key
trends shaping the digital commerce platform, and the top 6 digital commerce
platforms for your business.
What is Digital Commerce Platform?
QKS Group defines a Digital
Commerce Platform (DCP) as a technology that facilitates the trading of
goods and services for customers predominantly through websites and mobile
apps. A Digital Commerce Platform encompasses people, processes, and
technologies to execute reporting and analytics, as well as product pricing. It
performs content management to deliver tailored promotions driving customer
engagement and satisfaction in the entire span of the customer purchase journey
across all touchpoints. It surpasses elementary online transactions with an enhanced
ability to perform marketing, servicing, as well as development, enabling
customers to make buying decisions, and efficient use of business rules and
data to display orders price for payment.” The software assists organizations
in establishing credibility, which enables marketers to develop better business
insights in business decisions.
Key Trends Shaping the Digital Commerce Platform Market
DCPs help firms manage the whole process of selling products
and services through online platforms. The platform enables the trading,
distribution, and administration of products and services, as well as the
execution of sales, operations, and marketing activities through websites,
mobile applications, and commerce infrastructure. Several digital commerce
solution vendors focus on cloud-native approaches to foster e-commerce
innovation. A cloud-native platform enables merchants to introduce new digital commerce
solutions while improving time to market. As a result, cloud-native deployment
is emerging as one of the most significant trends in application development
and deployment for enterprises. This trend focuses on offering excellent value
propositions to customers and encouraging innovation across the company.
The DCP market in Asia (excluding Japan and China) is
expected to continue expanding rapidly. Several digital commerce solution
vendors are focusing on cloud-native approaches to foster e-commerce
innovation. A cloud-native platform enables merchants to introduce new digital
commerce solutions while also improving time to market.
Most companies rely on market intelligence reports such as “Digital
Commerce Platform (DCP) Market Share, 2023, Worldwide” and “Market
Forecast: B2B Digital Commerce Platform (DCP), 2024-2028, Worldwide”. These
reports offer critical insights into market trends, emerging challenges, and
potential risks, helping companies stay ahead of disruptions. As cloud-native
deployment is occurring as one of the largest trends for application
development and deployment for organizations. This trend will focus on
delivering strong value propositions to customers and driving innovation across
the enterprise.
Top Digital Commerce Platform in the Market
Now that we've covered the significant features to look for
in a digital commerce solution, let's examine the top digital commerce
platforms available.
As you examine, keep in mind that each platform has
advantages and disadvantages; the best thing you can do is select the one that
best meets your requirements and use cases.
Salesforce Commerce Cloud
Salesforce Commerce Cloud (formerly Demandware) offers B2C
and B2B solutions recognized as Leaders by QKS Group. Salesforce provides a B2C
digital commerce solution driven by AI as an add-on to provide a consistent
customer experience across online and offline sales channels. The B2B suite
integrates natively with other Salesforce products (e.g., Sales Cloud, Service
Cloud, Community Cloud) widely used by B2B businesses. However, Salesforce B2B
is based on the proprietary Lightning Platform, whereas B2C is not, which can
be a source of concern for firms looking to operate both models on a single
platform.
Adobe Commerce
Adobe Commerce is open-source and provides several options
for unique experience design. It updates its core product with security and
functional changes and offers 3,600 quality-approved extensions to reduce
customization costs. Adobe Commerce is a SaaS e-commerce platform that may be
hosted on AWS, on-premises, private, or public clouds. It targets midsized and
enterprise companies in both B2C and B2B business markets.
Spryker
Spryker is a commerce platform that caters to B2B,
Enterprise Marketplaces, D2C, and Thing Commerce. This platform's headless,
API-first design prioritizes utility and usability. It is specially tailored to
the demands of sophisticated transactional enterprises. Spryker provides a
framework that enables firms to adapt, grow, and enter new markets more
quickly. It also helps businesses with their digital transformation by allowing
them to achieve benefits faster.
Intershop
Intershop is a publicly traded company co-headquartered in
Jena, Germany, and Chicago, United States. Intershop serves 300+ customers
worldwide from eleven global offices. Intershop's powerful e-commerce platform
enables businesses to develop and extend their digital presence, enhance
customer experience, and increase online income.
Sitecore
Sitecore focuses on providing comprehensive digital
experience software. The company's SaaS-enabled, composable platform is
intended to help companies facilitate meaningful customer experiences.
Shopify
Shopify is a global commerce company that provides crucial
tools for starting, growing, advertising, and managing a retail business of any
size. It enhances commerce with a platform developed for reliability, giving a
better buying experience for consumers worldwide.
Conclusion
Digital Commerce Platforms (DCPs) have become essential for companies looking to establish and manage their online presence effectively. With advancements in cloud-native solutions, AI-driven personalization, and omnichannel capabilities, the Digital Commerce Platform market continues to grow rapidly. As companies guide this dynamic landscape, choosing the right platform tailored to their needs will be crucial for long-term success.
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