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Summer Nguyen | 11-11-2024
COVID-19 has caused a major shift in the way businesses operate, with many offline businesses being forced to close their doors. This has led to a surge in demand for online shopping, and open-source B2B E-commerce software has emerged as a famous solution for businesses looking to create an online presence. In this article, we will take a deeper look into the 7 best open-source B2B E-commerce platforms, evaluating each one pros and cons to figure out which suits your business the most.
What is Open-source B2B E-commerce?
First of all, you need to understand how B2B E-commerce works. It is the online sale of goods and services between businesses. The model offers companies the ability to reach new customers, optimize sales operations, and use big data to boost productivity.
So, what exactly is an Open-source E-commerce platform? Open-source E-commerce platforms are built for businesses to create their own online stores. These software are free to use and modify, but they sometimes can be quite complex to set up and maintain. However, with the help of customer support, businesses can overcome these obstacles and enjoy the advantages of open-source platforms, such as flexibility and customization.
The Potential of Open-source B2B E-commerce platform
After COVID-19, we can clearly see a strong shift in shopping habits, changing from offline to online. Therefore, since 2020, online sales have brought in much larger revenue than in previous years. Specifically, from 2020, the number of people buying online in the United States has increased by 10 million. It is expected that from 2024 to 2026, the amount will continue to rise even faster. Total retail sales globally are forecasted to reach about $34,000 in 2026, according to Insider Intelligence. The most essential factor for all of these purchasers is their purchasing experience – according to Forbs,70% of customers are likely to buy more and spend more if the expected experience is satisfactory.
On the other hand, e-commerce businesses need to make sure to provide such customer experience while saving on resources and efforts. That is why open-source B2B e-commerce platforms are becoming increasingly popular. Their cheap cost and customizability enable merchants to accomplish both objectives, allowing store owners to personalize their online storefronts to their individual requirements.
Advanced Features of Open-source B2B E-commerce Platforms
These are the most significant features of free-source B2B E-commerce platforms.
Open-source platforms allow businesses to create a customized shopping experience for their customers by rewriting the code to add new features or by using third-party extensions. This can be useful for companies that want to offer unique features or that need to adapt their platform to the specific needs of their customers.
Open-source platforms can easily be scaled to accommodate growth. This is because the source code is available to the public, so businesses can add new servers or resources as needed. This can be a major advantage for businesses that are experiencing rapid growth.
Open-source platforms can be just as secure as proprietary platforms. Many open-source platforms offer security-focused versions that are regularly updated with security patches. This helps to protect businesses from cyberattacks.
Open-source platforms require a high level of technical expertise to set up and maintain. Businesses may need to hire a developer or consultant to help them get started. However, the long-term benefits of open-source platforms can outweigh the upfront costs of technical expertise.
Open-source platforms are typically stable and reliable. The source code is regularly reviewed and updated by a community of developers, so bugs are quickly fixed. This can help businesses avoid downtime and lost sales.
Full control
Having access to the source code gives businesses full control in managing the brand site with greater flexibility. This means that businesses can add features or change the code as needed, even if the out-of-the-box solution does not have the features they need. This makes open source a good choice for merchants that need to adapt specific logic into an E-commerce solution or that have sufficient developer resources to build a customizable platform.
Community support
Open-source software is developed by a developer community that works together to create and improve the software. Anyone who can contribute to the software, whether by writing code, fixing bugs, or providing documentation, is welcome to participate. This collaborative approach allows open-source software to be developed more quickly and efficiently than proprietary software, which is typically developed by a single company.
Complex
The more modifications, the more complicated the software is. When many people try to update the system at the same time, it will take a lot of time to process.
Costs
Though it’s a free option, there are other expenses that businesses need to pay like hosting and licensing providers, security, developer wages, PCI DSS compliance, and any other fees related to building and maintaining the platform.
Low security
As E-commerce platforms handle a lot of sensitive financial data, and open-source code is available to everyone, the code can be accessed by anyone, including people who may try to exploit vulnerabilities in the system.
E-commerce platforms can be categorized into two main types: open-source and SaaS (Software as a Service).
The best type of platform for a business depends on its specific demands and budget. Businesses that want to save money and have more control over their platform may prefer open-source platforms. Others who want a more hands-off approach and don’t have the technical expertise to maintain a platform may prefer SaaS platforms.
When choosing an E-commerce cms, you should carefully consider your needs and budget. Before coming to any decision, weigh the pros and cons of open source and SaaS.
Open Source | SaaS |
---|---|
Doesn’t have many available features but can create new ones quickly. | Offers a lot of OOTB features, but strongly restricts access to code. |
Can modify anything from your side with no further requests. | All updates are made from the vendor side. |
Need to pay attention to security and maintenance. | No need to pay attention to security and maintenance cause the vendor already takes care of it. |
Charge fee based on the amount of features. The fewer features, the fewer expenses. | Charge fees based on OOTB function, mostly are expensive. |
Fits many kinds of business. | Works well only for certain business sizes. |
To sell to businesses or customers, you need a dynamic plan to connect with your target market. This includes investing in social media campaigns, automated email marketing, and landing page development. You will also need to integrate a seamless transaction system that ensures a smooth payment experience for the customer. This means choosing a free source B2B E-commerce platform that provides a secure checkout with shipping charges as well as inventory management.
Ask yourself these questions when considering investing in B2B E-commerce.
Are you selling on multiple channels?
If so, make sure your E-commerce store can handle orders from different channels, such as social media.
Are you providing digital services?
If so, you need a B2B E-commerce platform that allows you to access plugins for downloading items and creating memberships for customers.
Are you offering recurring subscriptions?
If so, provide your B2B customers with an easy way to reorder their products or services on a weekly or monthly basis.
Are you fulfilling wholesale orders?
Automated systems can help you calculate discounts for large volumes of purchases and determine shipping charges.
Are you offering quotes and consultations?
If so, add a booking form to your website and provide a hassle-free contact method.
By answering the above questions, you can choose the suitable B2B E-commerce platform for your store and its needs.
Magento Community Edition (CE) is a famous open-source B2B E-commerce software that’s preferred by over 270,000 merchants. Compared to Shopify, Magento takes over 24.8% of the market share, while Shopify only gets 9%. Although Magento CE doesn’t provide as many features as the paid versions, it’s still an attractive option for those looking for a free source platform.
Benefits
Drawbacks
Pros | Cons |
---|---|
Flexible and customizable Diverse features Large community |
Expensive Require additional costs |
Another well-known open-source b2b e-commerce platform is WooCommerce. Recent statistics from WordPress indicated that WooCommerce has over 123 million downloads. This number clearly shows how popular this platform is.
WooCommerce’s popularity, obviously, comes with a price. Most complicated features require extra fees. It’s the same regarding store support. However, we can’t deny that it’s still a good choice as the platform has very little or even no issues, which is suitable for medium-sized businesses.
Benefits
Drawbacks
Pros | Cons |
---|---|
Sell any product Many customization options Strong community |
Bound to WordPress sites Additional expenses |
OroCommerce is a flexible, enterprise-grade, open-source B2B E-commerce platform developed by the same team who built Magento.
Benefits
Drawbacks
Pros | Cons |
---|---|
Flexible and customizable Rich feature set Friendly interface Scalable Multiple Pricing and Shopping Lists |
Limited support for community edition Limited extension marketplace Not suitable for small businesses |
Over 300,000 E-commerce global sites run on PrestaShop. The company in fact, claimed that PrestaShop particularly leads the market in Europe and Latin America. There is no doubt that this is a popular choice among merchants all around the world, which explains the reason why it supports nearly 70 languages.
Benefits
Drawbacks
Pros | Cons |
---|---|
Customizable | Complex implementation Difficult to scale Pricey |
Drupal is a PHP-based open-source online content management system that is free to use. Drupal powers at least 13% of the top 10,000 websites globally, ranging from personal blogs to government portals. Drupal Commerce is a great open-source b2b E-commerce platform that works in conjunction with Drupal CMS.
Benefits
Drawbacks
Pros | Cons |
---|---|
Powerful CMS Customizable A lot of development info |
Complicated Pricey |
With over 15,000 modules and E-commerce themes, one of OpenCart’s slogans might be “looks do matter”. More than 150,000 live E-commerce sites are already running on the OpenCart open source E-commerce platform, with the number of online stores expected to rise by 5.8% in the third quarter of 2021.
Benefits
Drawbacks
Pros | Cons |
---|---|
Strong community Customizable themes and modules Effective store management |
Limited scalability SEO issues Slow checkout experience |
X-Cart is an excellent free-to-use E-commerce platform that comes with a lifetime license. It is a PHP-based E-commerce software with a user base of 30,000 retailers and offers a variety of functionalities. While the list and amount of features are remarkable, the cost of upgrading to take full use of this list is too high. The X-Cart shopping cart software is available as a cloud-hosted version or as downloaded software that you install on your site.
Benefits
Drawbacks
Pros | Cons |
---|---|
Many features | Hard to set up Expensive |
There are still plenty of other open source E-commerce platforms, but the above seven ones are most suitable for B2B businesses. For B2C, some outstanding software include Spree Commerce, VirtueMart, WP E-commerce, CubeCart, Square Online, and MailChimp Open Commerce.
I hope that our blog has given you clear insights into top open-source B2B E-commerce platforms as well as their benefits and downsides to find your business a suitable option. Remember to focus on what your business needs and how you want it to be in the future to stay on the right track and avoid unnecessary expenses.