Those familiar with eCommerce replatform projects understand that they differ significantly from simply upgrading your phone to the latest model. Undertaking such a project is a substantial commitment, often spanning months, and can involve significant financial investment, ranging from hundreds of thousands to millions of dollars.
However, given the rapid evolution of consumer behavior and technological advancements, replatforming often becomes a necessary step. In the time since your current eCommerce platform was implemented, there has been a significant surge in digital adoption among your customer base, accompanied by a proliferation of digital commerce platforms, tools, and resources.
While deciding to transition to a new platform may present its challenges, the true hurdle lies internally. Companies aiming to make substantial progress must view eCommerce replatforming as a business imperative rather than solely a technological endeavor.
eCommerce is a platform and a revenue generation channel
Many eCommerce replatforming projects are born from a desire to pack more features and capabilities into an eCommerce solution that’s simultaneously easier and cheaper to manage. However, the real leap-frog growth companies seek depends on how well you address and integrate your internal business partners in the final solution.
Your customers want to engage with you across multiple touch points—all of which are managed by separate departments or business units within your organization.
And those separate entities are often struggling to do their jobs efficiently and effectively:
Does any of these scenarios sound familiar?
We want to run more campaigns to drive customers to our eCommerce site, but we don’t have access to create call-to-action destinations when we need them.
It’s impossible to improve our product information (let alone have enough) to make products more easily discoverable.
Our eCommerce solution feels like a necessary evil; it doesn’t help me improve sales for my book of customer accounts and sometimes even creates competition!
It’s impossible to track our prospects and customers across all their touch points today; we simply can't capture and learn when they want to engage with us.
While eCommerce is a central platform, it’s also a channel that can drive significant revenue for your organization. And when you make replatforming decisions based solely on features and functions, you miss critical opportunities to enable your siloed departments to work independently from your eCommerce teamto support customer engagement at the speed they need within your eCommerce ecosystem.
Technology choices are important, but as engagement enablers
An international study of business professionals identified eCommerce platforms as one of the top three digital technologies for investment1:
51% web analytics/business intelligence
49% email marketing system
38% eCommerce platform
And there’s a good reason why. The same study found that nearly three-quarters of B2B companies expect their own digital commerce sites to generate more than 40% of their total revenue by 2025.
While all of the technology areas highlighted in the study are a fair reflection of the state of play for most companies, they all require some touchpoint with the eCommerce platform.
For example, you will need to personalize the buying experience managed by the eCommerce platform. Email will use it as a CTA destination for outbound campaigns and other types of emails. Marketing automation will want to align customer segments and use the platform as a destination. And AI-based technologies and customer data platforms will incorporate its data and analytics.
Technology choices must follow an internal business alignment between all the divisions that manage or own a part of your customer engagement journey.
Collaborative Innovation is the key to replatforming success
Success in replatforming depends heavily on effective collaboration within your internal teams. Avoid assuming that you grasp your colleagues' needs solely from their complaints. They might not be fully aware of the potential possibilities and could be expressing their requirements based on the limitations of your previous capabilities. To deliver a modern digital commerce experience to your customers, you may need to challenge traditional approaches and embrace new methods.
It’s essential to engage with internal business teams from other functional areas to understand how their processes and requests can be better managed and more closely aligned with their KPIs—and ultimately support a cohesive customer journey.
These jointly refined processes should then be used to drive your eCommerce platform initiative. Here are some key teams eCommerce needs to work with to make replatforming a success.
Aligning the Marketing and eCommerce teams can be challenging, given their shared focus on various stages of the digital buyer journey, which often intersect.
Collaboration on both tactical activities, such as creating landing pages for marketing campaigns to drive eCommerce revenue, and strategic endeavors, such as tracking customers from campaign inception to purchase to gain valuable insights for new campaigns and website usability enhancements, are pivotal for effective implementation and integration of email and marketing automation with the eCommerce platform.
Cohesive customer experiences across offline sales and digital channels can be challenging. However, taking steps to make your eCommerce platform the favorite tool for sales reps can help.
Providing data analytics connected to customer behaviors (browse, ordering patterns, etc.) can give your sales team better insights on tailoring their activities to customer needs and higher revenue. Features like quick order entry and customer impersonation for sales reps that make their lives easier can also help internal adoption and organizational alignment.
Flipping the discussion from features that just improve selling on digital channels to engaging with customers across teams that serve multiple channels can have a massive impact on overall revenue.
Customer service is mostly perceived as a cost center, but with access to eCommerce capabilities, it’s possible to transform this critical channel into a revenue generator.
Enabling self-service tasks (order status, returns/exchanges, re-ordering, shipping updates) and sales tasks (upselling and cross-selling) are critical to reshaping customer service focus and mindset toelevate its role within the business at large.
There are only two approaches to eCommerce replatforming
Replatforming is a business challenge first and a technology challenge second. Once you understand how your business teams will work together to achieve all their goals, you have two approaches for how you can support them through an eCommerce replatform.
Lift + shift (platform -> platform)
This approach completely replaces your existing eCommerce platform/capabilities with a new modern digital commerce platform. This approach is ideal if:
You’re required to engage with increasingly digital native buyers and your existing eCommerce platform roadmap won’t deliver desired features fast enough
You don’t have (or want to reduce) a large development team and are content to rely on your new platform vendor for continuous innovation
You want your teams to focus on managing the eCommerce business, not the underlying technology
You need to support many brands’ eCommerce channels and processes in a consistent and centrally defined manner across your enterprise
This approach deconstructs your existing eCommerce platform one feature at a time and evolves into a new eCommerce solution based in your Cloud, leaving only the minimum required core feature set operational on your existing eCommerce platform. This approach is ideal if:
You’ve invested heavily in customizing an on-premise eCommerce platform to support your specific business complexities, but you realize no new digital commerce platform will natively support your business complexities
You want to leverage years’ worth of feature development but decouple these from your current eCommerce platform so you can continue to innovate while taking advantage of a modern cloud environment
You need to support multiple front-end eCommerce channels through a variety of context-specific APIs across your Enterprise or business ecosystem
You want to reduce your dependency on a vendor/platform and drive the pace and direction of continuous innovation internally by focusing on technology and a new cloud layer
LIFT & SHIFT
LIFT & LEVERAGE
If your business focus is:
Fastest time to market
Managing your eCommerce business not an eCommerce platform
Maintaining a heavily customized feature set
Removing vendor/platform dependency
Providing agility & speed of features delivered to end customers
Providing front-end eCommerce capabilities through a variety of APIs for channels & contexts across an Enterprise
Creating consistent eCommerce channels & processes for multiple brands across an enterprise
Enabling multiple business teams to easily manage features & content
If your technology focus is:
To leverage cloud for infrastructure
To leverage years’ worth of modules built on current platform
A modern architecture (cloud native, headless, API first, etc.)
Completely decouple functional layer from presentation layer (or support multiple different presentation layers)
Drive the pace & direction of continuous innovation internally—focusing on technology and platform
Minimize platform-specific development resources
Minimize internal development resources
Close the gap between customer expectations and experience
Selecting the right eCommerce platform for your business is important. Selecting an eCommerce platform that integrates with and provides your business teams autonomy to quickly deliver the right features, experiences and channels is critical.
Consumer expectations are at an all-time high. If the gap between what your customers expect and what you can deliver is widening, taking a business transformation approach to replatforming will help you close the gap faster.
Want to know more?
to learn how other companies have approached replatforming. We can even introduce you to clients we’ve helped do it so you can learn directly about their experience. We’re here to share our expertise and understand how that translates into success for your organization.