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Top 5 Ecommerce Platforms That Will Rule the Market in the Year 2023

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We present to you the best eCommerce platforms that will help you develop your dream online store. It is based on several factors, which are as follows:

  • Mobile-friendly
  • Versatile content management
  • Advanced search engine optimization
  • Customizable security permission
  • A variety of plugins

Here are the top 5 eCommerce platforms that will dominate the market:

1. Shopify

Introduced in 2004 by a group of snowboarding champions, Shopify is now the best eCommerce solution in the market with over 1 million businesses in 175 countries. Shopify’s retailers include a range of sizes and industries. 

Shopify - Ecommerce Platforms

Best for:

Shopify is one of the biggest eCommerce platforms for novices and small-to-medium size businesses that need their support when setting up their store. Everything you require is now integrated into the platform: from storefront idea to content marketing to performance analytics. 

Vertical it supports:

  • Consumer Electronics
  • Fashion & Apparel
  • Beauty & Cosmetics
  • Food & Beverage
  • Home Furnishing

Price:

  • Basic Shopify ($29/mo)
  • Shopify ($79
  • Advanced Shopify ($299) 

Site building features:

  • Custom domains
  • Real-time sales statistics
  • Unlimited product listings
  • Inventory tracking
  • AI/Personalization
  • A large variety of themes/templates available

2. Magento

Magento is a popular open-source eCommerce platform throughout the globe. It was first released in 2009, and then substituted by Magento 2.0 in 2015 with an updated codebase and more usability/stability features. Magento was then purchased by Adobe in 2018, and now is available in two versions: Magento Commerce and Magento Open Source. 

Top Ecommerce Platforms

Best for: 

Magento is an ideal choice of small-to-medium businesses that have now established demand, as well as the experience, manpower, and ability to build their own site. The platform is highly influential and has a library of over 5,000 extensions, but needs a longer development time and a huge budget than most of its opponents. 

Verticals:

  • Consumer Electronics
  • Fashion & Apparel
  • Beauty & Cosmetics
  • Food & Beverage
  • Sporting goods
  • Home Furnishing

Price: 

Magento has two pricing option:

  • Magento Open Source is free to download and use. 
  • Magento Commerce is an enterprise-level solution, quoted by a sales rep, and is advised to run anywhere from $15,000 to $50,000 annually. 

Site Building Features:

  • Integrated checkout, payment, and shipping
  • Global selling
  • Mobile-optimized shopping
  • Catalog management
  • Instant purchase
  • Site search
  • Extended Functionality
  • Customization options available

3. WooCommerce

WooCommerce is an open-source WordPress shopping cart plugin controlled and developed by WordPress. It is a renowned eCommerce website development choice available in the market and runs on 30% of all stores on the internet. 

Top Ecommerce Platforms

Best for:

WooCommerce is an excellent eCommerce platform serving small businesses that already have a site on WordPress, or who work on a razor-thin budget but still need a robust online store. It has thousands of third-party themes and plugins, giving it an exceptional deal of versatility to serve most needs. 

Verticals:

  • Beauty & Cosmetics
  • Fashion & Apparel
  • Consumer Electronics
  • Home Furnishing
  • Food & Beverage

Price: It is absolutely free to download, with extensions and add-ons.

Site Building Features:

  • Mobile-optimized shopping
  • Catalog management
  • Inventory management
  • Geo-location support
  • Shipping options and calculator
  • Search engine optimization
  • Product reviews

4. BigCommerce

Founded in 2009 by two Australians, Eddie Machaalani and Mitchell Harper, BigCommerce has become the #1 choice among eCommerce owners. As an advance, open SaaS solution, BigCommerce provides merchants refined enterprise-grade customization, functionality, and performance with integrity and ease-of-use. 

Top Ecommerce Platforms

Best for:

BigCommerce is most suitable for SMBs & MM who need a lot from their eCommerce platform with extensive or complicated catalogs. BigCommerce involves numerous out of the box features and also offer third-party applications. It also has the ability to support both B2C and B2B businesses on the same platform. 

Verticals

  • Sporting Goods
  • Fashion & Apparel
  • Health & Beauty
  • Food & Beverage
  • B2B (wholesale & distribution)
  • Home Furnishing
  • Automotive
  • CBD 

Price

Pricing for BigCommerce:

  • BigCommerce Standard ($29.95/mo)
  • BigCommerce Plus ($79.95/mo)
  • BigCommerce Pro ($299.95/mo)
  • BigCommerce Enterprise (Request for the same)

Site Building Features 

  • Custom domains
  • Unlimited bandwidth & file storage
  • Unlimited product listings
  • Multi-currency sales
  • Ratings and reviews
  • Gift cards
  • Reporting 
  • Integrations with shipping and POS software
  • Page builder

5. Squarespace

Squarespace is a New York-based Software-as-a-Service business that provides eCommerce store building and hosting services. Customers use drag-and-drop functionality and pre-built website templates to design their web pages. 

Top Ecommerce Platforms

Best for: 

Squarespace is most relevant for entrepreneurs and small business owners with essential eCommerce needs. The eCommerce platform is powerful, but only as a guide to the primary website builder. Businesses with more exceptional online retail conditions or who manage a large amount of inventory can go with more dedicated platforms. 

Verticals:

  • Food & Beverage
  • Beauty & Cosmetics
  • Arts & Design
  • Toys & Games
  • Fashion & Apparel

Price:

Squarespace offers four monthly pricing plans:

  • Personal ($16/mo)
  • Business ($26/mo)
  • Basic Commerce ($30/mo)
  • Advanced Commerce ($46/mo)

Site Building Features:

  • Abandon cart auto-recovery
  • Digital products
  • Personalized products
  • Real-time shipping rates and tracking
  • SEO tools
  • Product import/export
  • Upselling and cross-selling
  • Automatic discounts
  • Inadequate integration options

For more details, you can get in touch with an Ecommerce Website Development Company in India like us and get a better advice.

author

Ashish Tiwari

Ashish is an SEO manager at Pixlogix Infotech Pvt. Ltd. With his dedication and learning mindset, he achieved many milestones in the short term. He has a good understanding of business, marketing, and promotion strategies. With 8+ years of experience, he can effectively handle online marketing campaigns for various industries.

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