Anyone working in ecommerce knows how quickly the industry moves. Customer expectations and trends are constantly evolving, meaning that ecommerce businesses have to evolve with them or risk being left behind.
A big part of this evolution is the continued introduction and refinement of new features. From new ways that customers interact with digital experiences to security that protects sensitive data, the most competitive ecommerce platforms are in a steady state of upgrading.
By 2040, it’s estimated that 95% of all purchases will be made through an online store.
It’s important to set a foundation of innovation now and normalize site improvements and key features to continue to be competitive in the future.
Large enterprise companies with significant resources are better able to build the most important features into the foundation of their ecommerce website.
The features below are considered must-haves for robust ecommerce platforms.
Mobile ecommerce made up almost 42% of sales in the U.S. in 2022. That number figures to only increase.
Having responsive web design that adapts and responds to different screens and orientations and investing in mobile apps will better position companies for a mobile-first future.
Customers don’t want to guess where products are located. Having a site taxonomy and ecommerce website design that is intuitive and easy to understand removes the guesswork and gives customers (especially new customers) confidence that they’ll easily find what they’re looking for in your ecommerce store.
New and more sophisticated security threats arise seemingly daily, especially for online businesses. It’s the responsibility of the ecommerce business to ensure that customer data is sufficiently protected throughout the online shopping process.
Also, fraud is a constant concern. Having tools in place to protect the business and customer are vital.
A strong internal search engine (like eBay or Amazon) helps customers find exactly what they want — or even stumble on something that they might be interested in.
Much like “going down a Google hole,” good site search helps customers find products as well as related items. Being mindful of SEO also plays a role here.
This includes tools used to manage and nurture customer relationships. This may include engagement after a purchase, service, support or loyalty programs.
All are designed to turn customers into repeat buyers.
Personalization enhances the customer experience and increases customer engagement, especially for loyal customers. It provides a more intuitive online shopping experience that increases conversion rates.
A well-executed chatbot greatly enhances the buying experience by offering 24/7 customer support, automates order tracking and management, streamlines the checkout process and provides the business valuable customer insights.
A healthy inventory management system avoids stockouts and overstocking, quickly fulfills orders and optimizes warehouse space. This means less revenue leakage and happier customers.
Trust signals are parts of a site that reassures customers about their shopping experience. This includes things like customer reviews, clear return policies and good site security (think SSL certificates).
Trust signals can increase customer confidence and give the platform added credibility.
Customer data is some of the most valuable capital an ecommerce company has, if they know how to use it. A full analytics and data science tool provides unique customer insights that may not be obvious, but have a significant impact on revenue.
Product pages often garner significant traffic on an ecommerce website. They’re the display windows of your store and should be invested in. These features will help turn browsing into conversions.
Not only should website navigation be simple to understand, your site should functionally be easy to move around in as well. User friendly navigation often includes breadcrumbs to make it easy for users to move from the homepage and through product categories.
When searching for products, give shoppers the option to refine searches and results with advanced filtering options. Consider options like sorting by product-focused specifications to speed up the search and shopping experience.
The biggest advantage brick-and-mortar stores have over ecommerce sites is the ability to fully visualize a product. Quality video and product images can shrink this gap and give buyers a better idea of what exactly they’re purchasing.
Having engaging product reviews that both inform and sell are key to increasing conversion rates. Not only do they help sell a product, they also help increase search rankings, making it easier to get products in front of potential customers.
As mentioned above, customer reviews add a layer of trust to a site and give it social proof. Good customer reviews can even serve as a quasi support service, enabling customers to answer questions about their own experiences with products. Social media can also do this.
Sites that automatically display related products have an advantage over those that don’t. This natural upselling provides additional eyes on products.
Similar to a kid at Christmas, wishlists provide a running account of products they’re interested in. They serve as bookmarks for customers to refer back to on future visits to the ecommerce platform.
A strong — and simple — checkout process can mean fewer abandoned carts, higher conversion rates and greater revenue. Removing friction from this process helps ensure interested customers become actual buyers.
As mentioned first, having a checkout process that works well with mobile devices is of paramount importance. More and more purchases are going to be made through smartphones and tablets in the future. The customer buying experience should reflect this.
Don’t make customers go through hoops to get from add to cart to checkout. Collect only the information required to complete the purchase and move on. The more steps required to complete a purchase, the less likely it is to be completed.
The average internet user has 100 passwords. Give customers the option to avoid adding to that number. Guest checkouts are best for customers who just want to make a single purchase through the shopping cart and get out.
By giving that option, you’re being user friendly and increasing the chances of that sale going through.
Ensure that customers know exactly what they’re buying. A full line-item summary of what they’re buying, the purchase price and additional charges (shipping costs, taxes) provides transparency and added trust.
Buyers can change their minds. Don’t make it difficult for them to do so. Include functionality that makes it simple to increase or decrease the quantity of items or remove products from a cart completely.
Auto-complete reduces errors throughout the shopping process. From the search bar to filling out credit card information, auto-complete helps remove friction and creates a smoother user experience.
Especially if you’re selling across borders, it’s important to let customers buy with their preferred payment method.
From credit cards to PayPal to digital payments (Apple or Google Pay), giving customers full options can help increase sales conversions.
Having some kind of chat functionality is becoming commonplace with modern ecommerce sites. Preferably, there would be a human on the other end to help with questions, but AI-powered chatbots are an option as well.
Clearly marked security features, like PCI compliance, bring added trust to the site and gives customers confidence that their data will be protected.
Don’t force users to use only one kind of shipping. If they need a product quickly, they can pay for expedited delivery. If they don’t really care when an item arrives, they can save money by shipping with a longer delivery time.
Order tracking brings added real-time transparency to the buying process and manages expectations for when a product will actually reach them. It also reduces the burden of customer service, freeing them to handle other issues.
Don’t make customers search for how to return items. Include the return policy on an easy-to-find place (like the header or footer) clearly spelling out the steps required to return orders.
Make your ecommerce replatforming project a success with our step-by-step guide filled with best practices from enterprise migration experts.
Download NowCompetition is fierce in ecommerce, but having the features discussed here will help you stand out. At the very least, you’re meeting the standards of best-in-class sites and meeting customer expectations.
The number of ecommerce businesses and the resources supporting them mean that you must meet a higher standard to compete. This functionality will keep you from falling behind.
Business owners should determine needs, research competitors, prioritize core functions and understand your audience. This will help determine the best road map for the most impactful, must-have features to add.
New features are often added through microservices or third-party plugins. Most ecommerce platforms offer a marketplace or app store where you can browse and download new features and tools.
Measuring the performance of ecommerce features requires tracking and analyzing relevant metrics, such as conversion rates, bounce rates and cart abandonment rates. Many ecommerce platforms offer analytics and reporting tools to help businesses track purchase decisions.