• Digital Transformation Opportunities In E-Commerce
    Digital Transformation Opportunities In E-Commerce

    To satisfy the scaling demand for technology in online retail and wholesale, you must implement omnichannel, multichannel, marketing tools and cloud e-commerce solutions. The most important steps for developing an e-commerce solution come early on in the process: choosing the platform, tech stack and planning server architecture. Mistakes at this stage lead to high developmental risks -- having to change and redevelop the technology at a later stage is not an option for most companies.

    Here's what you should consider on the road to a successful digital transformation:

    Initial Workflow Considerations

    Building a B2B e-commerce solution involves improving upon the best of your current workflows and extending their functionality to match your expansion plans. Start by analyzing your current business model and workflows and prioritizing your values.

    1. Analyze your sales team's workflow: What approach do your sales reps use? What would you like to jettison?

    2. Streamline sales: Adapt your workflow based on how you procure clients. For example, if you're a B2C company, you can speed up the ordering and checkout process by implementing cross sales, up sales and one-click checkout.

    3. Take the best from your previous systems: Decide how to integrate your existing systems into your new e-commerce solution. You may decide to integrate your existing CRM, ERP, accounting and other systems to simplify the transition process across departments.

    4. Structure your product catalog: Structure your product catalog so that it is accessible and convenient for customers. Include configurable options, related products and more. Share your vision with your development vendor and request data on user interface and user experience, as these elements motivate consumers to convert.

    5. Reduce managerial headaches: Implement a comprehensive dashboard to optimize managerial workflows and simplify the decision making process.

    6. Be ready to teach your staff the new system: Individual workflows may change across your team, but remember that the key to success is simplifying the consumer buying process.

    These considerations are a good starting point when moving your retail or wholesale business online. The next step is focusing on the platform and tech stack you will use for your digital transformation.

    Platform Choice And Architecture Planning

    There is no irrefutable answer to the question of which platform and tech stack to use. The choice depends on the following three areas:

    • Ability for the solution to manage more products at high page-loading speeds

    • Security to enable safe transactions

    • Scalability and load balancing to ensure the solution grows with the business

    This list is not comprehensive and covers only the basics. Other factors to consider include whether you want to be an open-source or proprietary solution and the capability of your integrations to support your marketing, payment and delivery tools. Your choice of hosting provider may influence the whole life of your e-commerce project, so you must balance business planning with productivity and budgetary factors. Depending on the project size, you could be looking at one or more virtual private server (VPS) or cloud server. This is where an e-commerce development provider can assist you at the initial stages of the project.

    The next step regarding e-commerce architecture is adjustment and optimization of the server. Use external productivity measurement tools, performance management tools and incident management systems to predict possible performance bottlenecks in order to avoid crashes.

    Once the server architecture has been established, loads have been balanced and data-flow dependencies have been created, you may need to further optimize your e-commerce solution to:

    • Speed up content load time (i.e., establish separate servers to manage visual content loading speed and script optimization)

    • Enable content delivery networks

    • Optimize images

    Before diving headfirst into a digital e-commerce transformation, analyze your business and take into account your priorities and vision for the future. Only by having a detailed understanding of your business's needs can you successfully implement your goals within a reasonable timeframe and budget.

    Nguồn: Forbes
News new
  • Promoting cashless payments to boost internet economy in Vietnam
    Cashless payments would not only increase of the circulation of capital, it would also help boost the internet economy, said Deputy Prime Minister Vu Duc Dam.
  • Vietnam assumes ASEAN Chair
    The chairmanship of the Association of Southeast Asian Nations (ASEAN) for 2020 that Vietnam officially assumed on November 4 will be a chance for the country to demonstrate its leadership and coordination capability to help the 10 member countries grasp opportunities, overcome challenges, and build a sustainable community.
  • E-commerce and industrial buying in Asia: Digital deliverance or dilemma?
    According to research from UPS into B2B commerce in Asia, almost 30% of industrial purchases are now made on e-commerce platforms. With digital platforms being an inseparable part of our daily lives, including business purchasing, is there still a role for human interaction in the buying process?
  • Vietnamese startups explore Silicon Valley
    The Ministry of Science and Technology has initiated a series of events to connect investment for Vietnamese startups in many countries. The highlight of this activity was Techfest Vietnam, which took place in the US for the first time. The September 13th gathering at Hero City in California’s Silicon Valley brought together 300 Vietnamese expatriates, experts, investors and representatives of the innovative startup ecosystem of the two countries.
  • Vietnam looks ahead to 2020 Asean Chairmanship
    The Association of Southeast Asian Nations (ASEAN) has become one of Vietnam’s leading economic and trade partners since the country joined the bloc 24 years ago. ASEAN integration will be among the priorities when Vietnam assumes the ASEAN Chair in 2020.