Top 5 Ecommerce Platforms That Will Rule the Market in the Year 2023
- Last Updated On April 7, 2021
- 5 min read
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.
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.
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.
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.
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.
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.
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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