NetSuite's SuiteCommerce ecommerce solution assists Business to Business and Business to Consumer retailers in providing engaging and relevant online experiences. With a more cell-optimized, facet-rich cloud electronic commerce platform, that's also incredibly easy to administer and enhance, one can increase traffic to their web stores, convert visitors to customers, and increase online revenue. SuiteCommerce combines e-procurement with one’s core NetSuite up and running business apparatus, giving the host a single view of their customers, orders, inventories, and other essential data and enabling real-time insight throughout their organization while enabling personal and relevant cross-channel experiences.
Why NetSuite SuiteCommerce?
Mainly for three reasons is one bound to trust NetSuite:
1. Clever Experiential Affairs -
One is able to create differentiated, personalized, and congruous Business to Business and Business to Consumer mobile, in-store and web experiences that surpass customer expectations.
2. Business Agility at its Finest -
Their cloud-based solution gives one the flexibility and adaptability needed to expand the business, cut expenses, and improve productivity – all while removing the headaches of superintending hardware and software.
3. Purchase, Obtain and Return -
Customer expectations for buying, fulfilling, and returning items anywhere are met while profits are maximized. When one has consolidated order management and a single inventory view across all passages and the repository chain, it tends to get even more simple.
NetSuite Commerce solutions bring together organizations with multiple channels and locations. In order for an individual to focus on their consumers, they provide everything from electronic commerce, POS, and order administration to catalog and financials.
NetSuite Commerce for Business:
Commerce that runs smoothly -
From ecommerce, POS, and order administration to inventory, financials, and support, connect every stage of a multi-channel, multi-location organization.
Change the store's appearance -
A NetSuite-integrated mobile point-of-sale system provides sales-comrades with the tools and information they need to assist and engage customers.
Orders fulfilled ASAP -
Manage orders from numerous channels in one place, including POS, web, contact center, mobile, and kiosk.
Know your customers inside and out -
To provide harmonious, consistent and personalized service, establish loyalty, deepen connections, and increase lifetime value, get a single cross-channel perspective of every customer.
Management of Inventory:
Warehouses, retail stores, pop-up shops, drop shippers, third party logistics – anywhere one manages or holds inventory — can all benefit from real-time visibility. An individual is then able to also reduce overstocks, increase sales, and direct customers to the most profitable products.
SuiteCommerce is a single platform that enables both Business to Consumer and Business to Business ecommerce. It essentially also allows consumers with a Business to Consumer site that provides the engaging and personalized experiences they expect, while their Business to Business site provides a rich Business to Consumer-like experience with additional capabilities to satisfy business customers' specialized requirements.
Management of Orders -
The host can manage orders from numerous channels in one place, including in-store, web, contact center, mobile, and kiosk. With real-time catalog visibility across all situations, counting storefronts, delivering a "buy anywhere, fulfill anywhere" experience is simple. One can also process orders more quickly, increase customer satisfaction, and save operational costs. Point of
Traditional point-of-sale transaction features, such as cash and carry, refunds, and exchanges, are combined with the ability to access entire inventory and customer information, allowing associates to better engage shoppers, generate sales, and deliver a fulfilling experience.
Using prebuilt connectors, sync inventory, order, and fulfillment data in NetSuite with blogosphere marketplaces, ecommerce storefronts, point-of-sale systems, and third-party logistics (3PL) providers.
With the sole motive of acquiring a holistic perspective of the customer across all channels and interactions, combining disparate data sources into a single source repository, an individual can create extensive customer profiles by capturing all preferences, interactions, and transactions. This will assist the latter in providing consistent customer service and support tailored marketing, merchandising, and targeted promotions across all channels.
IT and management consultants now have new opportunities with NetSuite solutions. Their Referral Partner Program enables one to provide more services to the latters client and build a long-term relationship with them, in addition to getting a 10% Referral Fee* for companies the individual recommends to NetSuite. Many consultants consider the NetSuite Referral Partner Program as an opportunity to make money; others, particularly those who specialize in services like vendor selection, prefer to keep their independence.
NetSuite gives an individual two categories to choose from:
1. To Get a 10% referral fee on your first year's license.
2. To refer clients but not receive a referral fee. The host would still receive access to a greater grasp of NetSuite’s software and the benefits of Software as a Service, as well as product demonstrations and new product information, industry news and information, and other services available only to NetSuite Referral Partners.
* Software as a Service is generating a new dynamic in the software business, allowing consultants to collect money that was previously reserved for "conventional" software package value-added resellers (VARs). This is because SaaS and "conventional" software have some key differences:
NetSuite features a "click-not-code" configuration procedure that allows anyone with a basic understanding to establish or edit roles, reports, basic workflows, and other features of the software. Most "traditional" software configurations require the use of specialized coding languages previously available from VARs for hundreds of dollars per hour. Without being qualified in obscure programming languages, consultants familiar with NetSuite may now deliver these types of services on an ongoing basis.
Because the subscription fee of Software as a Service (SaaS) includes data backup, security, maintenance/updates, and other services that were formerly offered by VARs, SaaS systems have a substantially lower ‘Total Cost of Ownership’ (TCO). Consultants can "bundle" business process improvement and other consultancy services with an implementation by exploiting the SaaS paradigm and the Referral Partner Program. Even if the hosts’ customer perceives (and receives) more value, their TCO will be far lower than if they purchased traditional software.
When their clients utilize NetSuite, management consultants benefit as well. NetSuite is an end-to-end tool that collects data on all elements of a company's operations, including e-commerce, marketing, sales, projects, inventory, and accounting. As a result, consultants can easily access and analyze data from anywhere in an organization and implement improved processes.
* By merging accounting, sales, and marketing data, an individual can easily measure the conversion rate or even the Rate of Investment for specific AdWords or other marketing initiatives.
* Creating approval processes and workflows for transactions as they move through the company.
* By merging billing, personnel cost, inventory, and time-entry data, one can ensure that Fixed Bid projects are priced correctly.
* Using sales estimates, past sales, and other data, calculating and configuring automated inventory reorder points products.
NetSuite Commerce Addresses a Variety of Issues:
Shopping experiences that aren't whole -
Using a single point of contact for customers, order, and inventory data, connect the online and in-store purchase journeys.
Delays in order processing order management -
Should be centralized to ensure that purchases are delivered swiftly, efficiently, and profitably while also increasing customer satisfaction.
Supplier management that is ineffective -
Supply and distribution channels around the world must be connected, to share real-time data, improve coordination and responsiveness, and reduce time to market.
Data from a variety of sources -
Consolidate scattered sources of customer, order, and inventory data into one single location to acquire real-time visibility throughout your entire organizational firm.
Time to value is reduced -
Over the course of two decades, NetSuite has compiled a collection of best practices based on its experience with a myriad of global deployments. These techniques are proven to produce immediate business benefit and get you live on NetSuite in a predictable timeframe, and they pave a clear road to success. Intelligent, phased implementations start with sales and continue throughout the client lifecycle, ensuring consistency from sales to services and support.
Pricing of NetSuite Commerce?
NetSuite has been adopted by businesses of all sizes, from pre-revenue startups to fast-growing enterprises. If you are looking for a more efficient way to manage your business but are concerned about the cost, you are at the right place. Users pay an annual license fee to use NetSuite. The three primary components of ones license are:
* The core platform,
* The optional modules,
* The number of users.
For initial setup, there is additionally a one-time implementation cost. The advantage of cloud software is that the individual can easily activate new modules and add users as the formers’ company grows.