The peak shopping season is over! The frantic six weeks of shopping madness have passed, and it is the perfect time to evaluate your store's performance. Many retail businesses start with an entry-level eCommerce site, which is very simple to set up and administer. As they grow, they find themselves with an eCommerce platform that is slow, unattractive, and too rigid to meet the future needs of their customers and the business. The platform's simplistic architecture impacts the back-end administration, causing the business to suffer from high operational costs due to a lack of automation.
If this sounds like where you're at, and you're feeling the need to replatform, the best place to start is by doing a gap analysis. Research all the factors that may have impacted your store’s performance. If through your research, the conclusion is that your current platform is impacting customer experience, and operational efficiency, it’s a great time to use that information to find the next generation's store. Start your gap analysis by looking at all the issues that can affect your store’s performance. The reasons may be technical, operational, or related to customer experience. The weight of all these negative issues can tip the balance to making the decision to replatform. Some of the factors to consider in this process include:
Along with the gap analysis, it’s important to understand the impact on the business when replatforming. There is a large investment of money, time, and effort to move to a new eCommerce platform. It is important to weigh the benefits of replatforming to ensure that you're making a qualified decision that will serve the business well for the foreseeable future. Things that should be considered include:
Finally, you’ve done all your research and you’ve decided on an eCommerce platform. You understand all the dependencies, have mapped out all the integrations, and know what data will be ported over to the new website. The last thing to do is to pick a date to do a migration. It’s important to look at your visitor traffic and conversions and pick a time when the website has the least traffic. This way, the migration will have the least impact on your prospects and customers. It also gives you a window to troubleshoot any issues that come up during the migration. Once your new store is in place, it’s a great time to push out some marketing campaigns to tell your customers about your new and improved store, as well as attract news prospects. And make sure to listen to customer feedback so you can address any issues or make any changes that will provide a stellar customer experience.
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