Replatforming sounds like a buzzword, doesn’t it? But in the world of eCommerce, it’s a game-changer. Simply put, eCommerce replatforming refers to the process of migrating your online store from one platform to another—ideally to something more advanced and suited to your growing business needs.
What makes it a hot topic in eCommerce? As technology seems to improve at lightspeeds, you’re forced to grow just as quickly. If your site isn’t scalable or it isn’t providing the perfect user experience, then, chances are, you already fell behind. Replatforming, along with your past data and systems, is your gateway to entering the future.
There are a few reasons why eCommerce replatforming is becoming the new norm today:
- Old Technology: A legacy system can make it difficult for you to add new features and functionalities.
- Limited Scalability: As your business scales, you need a platform that can handle increased traffic and orders without breaking a sweat.
- Poor User Experience: If your website is slow, unresponsive, or difficult to navigate, you’re losing potential customers.
The Need for eCommerce Replatforming in Today’s Market
Gone are the days of basic online stores with static designs and limited features. In 2024, eCommerce businesses must be able to cater to omnichannel shopping experiences, leverage AI-driven recommendations, and offer seamless mobile experiences. This is where modern eCommerce platforms shine.
Let’s take a very quick dive into some of the major eCommerce trends you need to consider:
- Mobile-First Design: Your platform must be designed and optimized from the ground up for mobile devices.
- AI-Powered Personalization: Customers want a personalized experience. AI can provide recommendations for items based on historical behavior, which can also lead to better conversion rates.
- OmniChannel selling: Omnichannel selling requires that through social media or online marketplaces or perhaps your website, customers have an experience that does not differ from one medium to another.
Your older systems end up forcing your business to play catch-up with increasing customer expectations. That’s why replatforming isn’t just a good idea, but a necessary one for businesses that can’t afford to be a step behind.
When is the Right Time to Replatform?
So what is replatforming and how do you know it’s the right thing to do?
- Slow Site Performance: If Your site is slow even after the best improvement effort. Bounce rates will be high and conversion low due to slow loading time.
- Growing Maintenance Cost: If It takes a huge deal of money just to keep your platform running, you may have to look at other options now.
- Scalability Issues: If your current platform cannot accommodate increased orders or traffic, that is a red flag. You need a platform that scales with you.
- Poor User Experience: If your customers complain that your website is not user-friendly or easy to navigate, that is a red flag. Your platform may be in dire need of an upgrade.
Ignoring such red flags may lead to a loss of revenue, bad customer retention, and a pretty severe competitive disadvantage. No business can afford that, and that’s where replatforming comes in.
The Replatforming Process: The Essential Steps to Take
Replatforming may sound complex, but breaking it down into manageable phases makes the process quite easier than you think.
1. Assessment Phase
Understand where your current platform is falling short. Are there functionality gaps? Is it user-friendly? Is it scalable enough for your future needs?
2. Research Phase
Determine the best fit of the platform for your business. In the present modern world, a solution on the cloud with immense flexibility would be through Shopify Plus, BigCommerce, or Magento. For full control, go for a headless or API-driven solution.
3. Planning Phase
Create a roadmap, including the steps to be followed. This will include clear objectives and timelines.
4. Execution Phase
This is the fun part as it’s the phase where you’re giving your online store a full makeover.
5. Testing Phase
Testing performance, security, and user experience across all devices. You do not want to be having hiccups after you launch the site.
6. Post-Launch Phase
Continue monitoring its performance, getting feedback from your customers, and making appropriate optimizations to your store.
eCommerce Migration vs. Replatforming
Let’s not mix up platforming with migration. Both involve moving to a new platform, but replatforming is a complete upgrade to a more modern, flexible, and scalable system, while migration might be as simple as content transfer from one platform to another.
For instance:
- BigCommerce to Shopify Migration: This is usually done when merchants intend to take advantage of Shopify’s ease of use and flexibility.
- Magento to Shopify Migration: This is WooCommerce to Shopify Migration: One of the most common switches for businesses to enhance site performance and further integrate with modern tools.
- a huge upgrade in terms of scalability and ease of use, especially for businesses growing tired of Magento’s technical complexity.
- Shopware Migration: Businesses seeking a more custom and flexible platform usually end up with Shopware, but most end up on Shopify.
Overcoming Challenges in eCommerce Replatforming
Even with meticulous planning, eCommerce replatforming comes with its set of challenges. Let’s take a look at some of the common pitfalls:
Data Migration: Migrating product data, customer info, and order history can be tricky, especially when dealing with large databases.
Integration Issues: You’ll need to ensure that your new platform integrates smoothly with third-party tools like payment gateways, ERP systems, and marketing automation software.
Downtime: When moving to a new platform, there may be some temporary downtime. This is why it is important to plan for incremental transition and set up backup systems.
Choosing the Right Platform & Key Metrics to Track Success
Probably the most critical part of replatforming is to select the right platform. Should you opt for a more all-in-one solution, such as Shopify Plus, BigCommerce, or Magento, or a headless, more customized approach?
Some Key considerations are:
- Scalability: Will the platform be able to handle your growth in the future?
- Security: A good security infrastructure is very important.
- Cost: Choose a platform that is within your budget but remember the long-term cost.
- Customization: Do you want the flexibility to add custom features, or will an off-the-shelf solution work?
Once your new platform is live, track these key performance metrics:
- Site performance (speed and uptime)
- Conversion rates
- Customer retention rates
- Bounce rates
These metrics will help drive continuous optimization of your new platform.
Wrapping up,
E-commerce Replatforming is more of a strategy than a trend path that guarantees your continued relevance in an ever-innovating digital world. It helps you overcome limitations and sets you up for the ultimate success. So ask yourself: Is your platform ready to scale with ambition, or is it the moment to future-proof your business with a modern replatforming solution?
FAQ’s
eCommerce replatforming is the process of migrating your online store from one platform to another. It focuses on upgrading to a more scalable, flexible, and modern platform to meet your growing business needs.
Replatforming is essential when your current platform cannot handle increased traffic, offers poor user experiences, or lacks modern features like AI personalization, omnichannel selling, and mobile-first design.
While both involve moving to a new platform, migration focuses on transferring content, while replatforming is a complete upgrade to a more advanced system, ensuring scalability, flexibility, and better performance.
Popular platforms for replatforming include Shopify Plus, BigCommerce, and Magento for all-in-one solutions, or headless platforms like Shopware for custom flexibility.
The cost varies depending on the platform, customization requirements, and the complexity of data migration. While upfront costs may seem high, long-term savings on maintenance and improved performance make it worthwhile.