Traditional vs Headless Commerce? Which one suits your Business? - PowerPoint PPT Presentation

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Traditional vs Headless Commerce? Which one suits your Business?

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The difficulties posed by this sudden acceleration have retailers panicking, but they are also looking for ways to take advantage of the advantages that adversity offers. Customers today expect a consistent, individualized, and simple shopping experience across all of their devices and channels. – PowerPoint PPT presentation

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Title: Traditional vs Headless Commerce? Which one suits your Business?


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Traditional vs Headless Commerce? Which one suits
your Business?
The difficulties posed by this sudden
acceleration have retailers panicking, but they
are also looking for ways to take advantage of
the advantages that adversity offers. Customers
today expect a consistent, individualized, and
simple shopping experience across all of their
devices and channels. As webshops morph into
social media apps, IoT apps, wearables, and other
smart products, as well as AI-powered
conversational commerce, and other digital
fronts, rapid digitalization is shining a light
on 'headless commerce.' While startups and
smaller businesses often look for low prices,
advanced technology, and user-friendly
interfaces, some businesses still advocate for
the tried-and-true methods of doing business. To
help you decide which model is right for your
business, let's take a closer look at both of
them. What Is Traditional Commerce? The term
"traditional commerce" refers to the commercial
transactions or exchange of information, as well
as the purchasing or selling of goods or services
from person to person without the use of the
internet. This is an older method of conducting
business, and it falls under the category of
"traditional business." More specifically,
commerce refers to the set of processes that
facilitate the flow of products and services from
producer to consumer. The process by which
manufactured items make their way from the
factory to the consumer is referred to as
"commerce." Its primary goal is to meet the needs
of buyers by making products accessible to them
at optimal times and locations. Traditional
Commerce Pros These are some of the advantages of
traditional commerce that may sway you away from
the more conventional methods of doing
business Your Local Audience Is Available for
Your Communication Needs Reaching local audiences
and establishing personal connections with
consumers are two of the most significant goals
of traditional marketing. Customers place a
higher premium on personal connections than ever
before. Customers are loyal to brands they
believe care about them and their needs.
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Promoting your business using time-honored
channels like printed materials, newspaper
advertisements, local television commercials, and
billboards allows you to get right into the hands
of your target audience. Since it's not so
obviously a marketing campaign, your attempts to
connect with your audience come out as more
genuine and sincere. Greener Promotional
Products Exist When it comes to digital
marketing, one of the drawbacks is that you have
to constantly provide new content to keep people
interested. This may be an everyday occurrence
for certain businesses. They could update their
social media accounts twice or thrice a day, make
a new video every day, and send out emails once
or twice a week. The results of marketing
campaigns using traditional approaches tend to
last longer and be more memorable to consumers.
The same commercial, flyers, business cards, or
brochures may be used several times. In order to
keep promoting your product or service, you won't
need to create fresh content as often.
Credibility is established via traditional
commerce Traditional commerce is more credible
than internet marketing from a psychological
perspective. Digital marketing may have a wider
audience reach, but it doesn't necessarily
provide the impression that the firm is credible
or well-established. Many people place greater
faith in printed materials and advertisements
shown on bigger screens. This is because many
people still associate "conventional" marketing
with more expensive and more well-known channels.
To advertise in print or on broadcast media, a
business needs sufficient capital. Therefore,
people assume that the firm is expanding,
prosperous, and secure. A Wider Spectrum Of
People Are Impacted Supporters of digital
advertising stress the medium's superior ability
to hone in on a certain demographic and keep tabs
on consumer behavior. As you collect data from
channels like social media, email marketing, and
your website, you can use that info to fine-tune
your promotional materials. However, heavy
targeting of a demographic may not be essential
if your brand naturally draws a wide variety of
customers. If you own a small company, broadening
your customer base might be a boon to your
success. As a result, it's possible that more
success may be had with more conventional forms
of advertising. Printed promotional
materials may be simpler to process There's no
denying the power of high-resolution digital
marketing visuals, graphics, and photographs, but
sometimes there's just too much going on.
Potential customers may be so preoccupied with
the aesthetics of your presentation that they
miss the point and fail to form an emotional
connection with your business. Physical copies of
advertising materials may improve brand remember
since they are simpler to read and retain. The
reading and comprehension demands of direct mail
may be lower than those of electronic mail.
Brochures might be more quickly perused than
white papers or websites. In
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certain cases, a three-minute film on YouTube may
be too long for the average viewer, whereas a
30-second ad may be more manageable.
Is traditional commerce right for my
business? Most merchants and vendors operating in
today's retail and wholesale markets engage in
traditional commerce. Where products and services
cannot be transported easily from metropolitan
centers to outlying locations, traditional trade
continues to thrive. Traditional trade is also
commonplace in regions where many people lack
access to modern forms of communication
technology due to illiteracy. Available,
required, and emerging client needs all
contribute to the continued success of
traditional business models. What Is Headless
E-Commerce? Since headless e-commerce separates
the store's front and back ends, it's very
flexible and can be tailored to almost any
business need. It was developed to meet the
ever-increasing need for a unique and customized
user experience on the part of the client
base. Rather of immediately affecting the user
experience, changes to the site's code are sent
to the front end through an API. As a result,
developers may make changes to the site's front
end without worrying about impacting the site's
underlying logic and functionality. Headless
e-commerce platforms don't use pre-made
storefronts. It takes more time than standard
e-commerce, but this method ensures that your
digital shop is designed according to your
specifications. Headless E-Commerce Pros 1.
You may personalize it whatever you like Since
there is no fixed front-end, you are free to
create an interface that best suits your
company's requirements. Do you want a clock to
appear in shopping carts? Don't worry about it.
Have you thought of having your site
automatically translate to the user's native
tongue? Can do. In terms of personalization,
there are no constraints on the headless
variety. 2. It's simple to incorporate When
using a headless system, you may easily integrate
third-party applications using an API. APIs
provide easy data connections and transfers
across software systems by facilitating simple
communication between them. Because of its
malleability, fewer boundaries exist, and more
applications for the data may be imagined. The
majority of an online store's features are
generated by its underlying infrastructure, but
if there are any issues that need fixing, an API
may be used to make things easier for shoppers.
User experience and backend are separated, making
integration simpler.
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3. Complete, Integrated, and Personalized
Omnichannel Interaction As more and more
consumers complete their purchasing processes
online, whether through desktop computer, mobile
device, or chatbot, they have come to demand a
unified, seamless, and convenient experience
across all channels. Some monolithic systems
claim to include omnichannel functionality,
however this isn't necessarily the case. For
instance, a business may be out of luck if their
preferred digital sales channel is not currently
supported by their current eCommerce platform.
Short-Term Tests The online retail industry may
benefit greatly from testing out new user
experiences and price structures. It just takes
the superfoods company 30 minutes to use
Chargebee to set prices for new goods or
introduce existing ones. Superfoods' capacity to
experiment led to a quadrupling of profits in a
little over a year. They went from having one
product to having five, and from having a few
hundred subscribers to having over a hundred
thousand. Headless commerce can be put to a
variety of uses, including the introduction of
new products or features, the exploration of
alternative pricing structures, the
experimentation with alternative page layouts,
and the development of more interactive user
experiences, all without requiring any
alterations to the underlying infrastructure.
Rapid adaptation and adaptation to change
resulting in a shorter time to market As new
technologies arise, headless e-commerce systems
may adapt to accommodate them. It implies that
marketing departments may rapidly roll out many
sites for different products, services, and
brands. Headless software allows for more rapid
product iteration, which benefits companies even
when consumer tastes shift overnight. If you wish
to experiment/innovate without sacrificing
backend functionality, a headless platform is a
good option, whether your goal is to test out new
variations in shopping experiences or to exceed
quickly growing consumer expectations. Is
headless commerce right for my business? Because
of their pre-assembled frontends, traditional
all-in-one ecommerce development platforms might
be useful for startups seeking early successes.
Depending on your goals, the conventional method
may be enough if your business does not need a
heavy online presence. However, scalable platform
design, such as that offered by headless
commerce, is required to reliably satisfy
consumer expectations while also withstanding the
rigors of the marketplace. For experience-oriented
firms like lifestyle items and
direct-to-consumer (DTC) brands, a content-led
approach like headless commerce is a no-brainer.
Using a decoupled architecture, creative teams
may maximize the user experience, interface, and
customer engagement and conversions by using
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a headless CMS (content management system) or
digital experience platform (DXP) as frontend
presentation layers.
In addition, the back end will include features
including a payment and subscription management
platform, account administration, and inventory
management. The move to headless commerce is
significant therefore it's important to pick a
platform that can support your company as it
expands. Conclusion Initially, it's vital to
acknowledge that a headless strategy may provide
very little advantage to certain firms. Online
shopping as it has always been done is a method
that continues to be successful for many
companies. To rephrase a basic storefront may be
all that is required. Once it's up and running,
it requires little upkeep. However, making
significant changes might be difficult. Despite
the advantages, many businesses opt for a
headless approach. There is a lower barrier of
entry when it comes to adopting mobile
technology. Additionally, it is very
customizable. For specialized goods, the ability
to tailor the consumer experience to certain
demographics and user groups is also a
significant plus. On the whole, headless Commerce
is a good choice if you need to sell a lot of
items quickly and easily. On the other hand, the
conventional approach may be preferable for
little enterprises selling a limited number of
items.
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