Best E-Commerce Platforms in 2020 for your Business - PowerPoint PPT Presentation

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Best E-Commerce Platforms in 2020 for your Business

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The e-commerce platform market has an estimated value of around 5.6 billion U.S. dollars in 2020 and is estimated to grow to approximately 6.7 billion U.S. dollars by 2023. With the fast growth of e-commerce sales, international retail e-commerce sales are predicted to reach 6.6 trillion U.S. dollars by 2023 – PowerPoint PPT presentation

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Title: Best E-Commerce Platforms in 2020 for your Business


1
360quadrants Releases Quadrant on Best E-
Commerce Platforms
  • E-commerce platforms are a tech framework that
    help company owners control their selling
    activities digitally. Several market vendors
    provide various platforms of
  • ecommerce to match various business needs. Each
    platform has its own benefits and drawbacks, and
    companies choose the one that fits their needs.
    E-
  • commerce platforms typically represent the front
    end aspect of
  • a company and facilitates online selling of goods
    to the customers.
  • 360Quadrants, the most granular comparison
    platform, has released a quadrant on Best E-
  • Commerce Platforms to help businesses make
    quicker and more informed
  • decisions. Quadrants are generated post analysis
    of companies (product portfolios and business
    strategies) and will be updated every three
    months based on market and regional analyses and
    developments in the E-Commerce Platforms space.
    360Quadrants conducts an in-depth SWOT analysis
    and accurately analyzes the companies considered
    for evaluation. This helps service providers in
    learning about new opportunities and areas where
    they lag behind their peers. It also helps
    clients in choosing the most appropriate vendor
    for their requirements.
  • Know More - https//www.360quadrants.com/software
    /e-commerce-platforms Categorization of
    E-commerce Platform Providers
  • 360Quadrants evaluated over 35 companies in the
    E-Commerce Platforms space out of which 19
    companies were categorized as Visionary Leaders,
    Innovators, Dynamic Differentiators, and
    Emerging Companies.
  • Shopify, WooCommerce, BigCommerce, and Ecwid have
    been identified as visionary leaders as they
    have established product portfolios and a robust
    market presence and business strategies.
  • Shopmatic, Zepo, Zoey, Ecomchain, and Storm have
    been identified as innovators as they have
    focused product portfolios, and innovative
    business strategies which help them in
  • growing consistently.
  • Digital River, Handshake, Kartrocket, and
    Teespring have been identified as emerging
    companies as they have niche product offerings
    and decent business strategies.
  • 2Checkout, Paypro Global, Square E-Commerce,
    nopCommerce, Sellfy, and Prestashop have
  • been recognized as dynamic differentiators as
    they are largely dependent on their competitive
    RD activities.

2
  • A patent-pending algorithm is used to collect
    inputs from key stakeholdersindustry experts,
    buyers, vendors, and 360Quadrants analystsbased
    on criteria for Product Maturity and Company
    Maturity.
  • Criteria under Product Maturity include breadth
    and depth of product/service offering, product
    features and functionalities, product
    differentiation, and their impact on customer
    value.
  • Criteria under Company Maturity include
    geographical footprint, partner ecosystem,
    financial stability, and client coverage or
    sector footprint.
  • Approximately 100 in-depth parameters will be
    considered for research for the best E-Commerce
    Platforms. These parameters will be updated every
    six months to ensure latest developments are
    taken into consideration.
  • A weightage is assigned to each stakeholder based
    on information gathered pertaining to the above
    criteria as well as inputs from stakeholders.
    These inputs follow the order of priority given
    below
  • Buyers
  • Industry Experts
  • 360Quadrants Analysts
  • Vendors (Competitors)

5. 6.
The inputs are analyzed, and a final rating is
assigned to each vendor (competitor). After the
finalization of ratings, each vendor is placed in
the most relevant quadrant
based on their score. About 360Quadrants 360Quad
rants is the largest marketplace looking to
disrupt USD 3.7 trillion of technology spend and
is the only rating platform for vendors in the
technology space. The platform provides users
access to unbiased information that helps them
make qualified business decisions. The platform
facilitates deeper insights using direct
engagement with 650 industry experts and
analysts and allows buyers to discuss their
requirements with 7,500 vendors. Companies get
to win ideal new customers, customize their
quadrants, decide key parameters, and position
themselves strategically in niche spaces, to be
consumed by giants and start-ups alike. Experts
get to grow their brand and increase their
thought leadership. The platform targets the
building of a social network that links industry
experts with companies worldwide. 360Quadrants
will also be launching quadrants in fields such
as Access Control Software, IoT Platforms, and
GIS Software. Contact Mr. Agney
Sugla agney_at_marketsandmarkets.com 630 Dundee
Road, Suite 430 Northbrook, IL 60062 USA
1-888-600-6441
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