In the race to make business transactions and the running of businesses all the easier for all stakeholders, the incorporation of technology has come a long way since the early 2000s. A piece of technology that has been at the forefront of business activities is the introduction ecommerce platforms. This has enabled virtual transactions to occur in the fastest and most secure way possible. However, there are many types of solutions that can be incorporated. Here are just some of the main types of ecommerce platforms that can be identified in the present day and age:

Custom

Building your own ecommerce platform can be quite tricky in the modern day and age, due to the time taken and the complexity. More often than not, custom built solutions are generally opted by businesses that offer a particular service that is unique to other competitors. The building of a custom ecommerce platform generally entails the employment of a specialist, either internally or externally, who knows the product and company inside out. Moreover, custom built solutions can be quite difficult to maintain, since the builder has to provide a great deal of training to new employees about the specifics of the platform, such as the code base.

Traditional

These are called traditional, since these platforms are already built before hand and are available to purchase via a license fee. What makes this more desirable, as opposed to a custom built one is that much less work has to be done to make it functional for the standards of today. The only activities that have to be done are the add-ons and other certain features to make it more compatible with the business framework. This then can be uploaded via a cloud storage system, which makes access all the easier.

Open-Source

Platforms such as that introduced by magento ecommerce solutions are mainly open-source platforms. These platforms are no different from the traditional ones when looking at it in a development point of view. However, it does differ when looking at it in start-up point of view. This is because of the fact that there are no upfront license fee and renewals that you have to incur, but you do have to incur the costs of initial development, implementation, on-going development, upgrades and migration. This is generally opted by corporates that are looking for a more flexible solution.

Cloud

Cloud based platforms are quite tricky to define, as many traditional and open-source platforms use hosting systems that enable them to be called cloud-based platforms. Apart from being more accessible to the masses, there really are no major differences that can be easily identified when compared to the traditional and open source platforms.

By looking at the many types of ecommerce platforms on offer to make your business thrive in the highly competitive markets of today, one could easily get confused with what is on offer. However, by knowing the differences of the platforms and your needs, it is possible to narrow down the right platform for your business.


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