Despite the significant impact of Covid-19, the fashion industry is still on a roll, with the potential to reach $1 trillion globally by 2025 (according to Statista) thanks to eCommerce.
According to the IDEA 2022 research, the fashion eCommerce business in Vietnam is a highly competitive area, with up to 69 consumers using the eCommerce channel for every 100 fashion shoppers.
With the high potential of this commerce business, developing an eCommerce website is a must for success, necessitating the search for a platform on which to build a specialised eCommerce website for the fashion industry.
Businesses can use the following platforms to deploy fashion websites: Big Cartel, Haravan, Shopify, Woocommerce, and Magento.
Characteristics of fashion eCommerce
Eye-catching UI/UX design
UI/UX is a criterion that businesses frequently establish when creating an eCommerce website in order to develop a comfortable interface for a group of users who are passionate about fashion and maximise the capacity to engage with customers.
A fashion eCommerce website frequently need to invest in higher-quality, eye-catching images/videos. From there, assisting businesses in more readily describing products, particularly promotions on banners, considerably contributes to driving customer buying demand.
Furthermore, businesses must consider concerns such as cross-device compatibility, the placement of call-to-action buttons, and layout design that demonstrates the variety of product designs from the navigation bar. navigation) to page-by-page specifics.
Comprehensive functional system
To meet the eCommerce business demands of fashion enterprises, organizations require a comprehensive functional system ranging from basic to complex, which includes:
Catalog Management: Manage properties, pricing systems, inventory, photos, and videos to keep them running
Content Management: Content development for CMS pages, image hosting, theme customization, and website design
Customer Management: Control information, behavior, and consumption habits to build strategies for each specific customer group
Sales Management: Set up and operate sales, order, payment, and shipping processes
Marketing Management: Implement and optimize programs to attract potential customers with built-in support tools
System Management: Seamless supply chain response with shipping navigation and automation management tools
Store Management: Navigate and maintain your eCommerce business from online to offline
Cart & Checkout: Manage shopping carts and process the next payment steps for customers
Analytics and Reports: Monitor and measure eCommerce performance to give detailed reports to improve business efficiency
Furthermore, firms must develop certain additional particular roles to address the fashion industry’s problems, such as:
Omnichannel sales allows business to follow customers across all channels, including eCommerce platforms, social networks, and social commerce websites.
Multi-layer menu displaying a range of product categories
Experiment using a variety of marketing strategies: Loyalty programmes, livestreaming, shopper entertainment, and affiliate marketing all assist to broaden methods of reaching out to potential consumers.
Huge traffic to deal with enormous traffic volumes during “selling seasons”
Integration with a range of third-party services
To provide clients with a comprehensive shopping experience, fashion enterprises may frequently combine a number of payment options, shipping services, management software, and business analysis tools to enhance the e-commerce business system.
Numerous common payment options available today must be integrated into the website, including:
Incorporate major shipment monitoring applications and shipping companies such as Express Delivery, Economical Delivery, Viettel Post, and others. Businesses might explore integrating back-office administration and operation software such as SAP, Salesforce, Ocracle, and others. Lastly, incorporating BI tools like as Tableau, Looker, and others will aid in the long-term analysis of company strategy.
Possibility to expand in the future
Often, firms at the start of a fashion business will not focus on the capacity to develop eCommerce websites in the future since platforms that enable this function are typically scarce. But, in terms of strategy, investing in a platform that supports this function can help organisations gain a competitive advantage over competitors in the market.
This feature enables fashion organisations to edit and add new functionality to meet future business objectives. Furthermore, this capability allows fashion enterprises to simply swap languages, currencies, and extend from one website to several websites in order to position their brand internationally.
Top 5 fashion eCommerce platforms to build website
Haravan is a well-known SaaS eCommerce platform in the Vietnamese industry, offering a variety of options for both enterprises and individuals. Haravan is used by a variety of websites, including Juno, Biti’s, Maison, and others.
Platform review
Pro:
A repository of readily available and diversified interfaces for the fashion industry
A diverse feature, ranging from basic to complex, for starting an e-commerce business
Cons:
The layout of existing templates causes duplicating, and it’s challenging to alter themes or create your own interface because doing so will have an adverse effect on the entire system
The system of specific functions for the fashion sector is still limited
Only integrated with services/utilities located in Haravan’s ecosystem
Because it is a SaaS platform, it will be difficult for Haravan to expand the website in the future
→ Rating: 2/4
Haravan is suitable for start-up furniture businesses or SMEs (small and medium-sized enterprises) with operations mainly in Vietnam.
Pricing
Haravan is considered to have a reasonably low and diverse eCommerce website implementation cost for various businesses:
Standard: 200.000 VND/month for personal sellers
Pro: 600.000 VND/month for businesses that want to deploy Omnichannel
Grow: 1.500.000 VND/month with the advantage of automating programs to take care and resell customers
Scale: 3.000.000 VND/month for building loyal customers
Tuy nhiên, doanh nghiệp nên suy xét khi sử dụng Haravan trong dài hạn vì chi phí giấy phép sử dụng và các tiện ích mở rộng sẽ ngày càng tăng theo thời gian sử dụng.
Deployment time
However, businesses should consider when using Haravan in the long term because the cost of licenses and extensions will increase over time.
Shopify is a SaaS ecommerce platform favored by the international ecommerce business community because of its fast implementation time and reasonable starting cost.
Platform review
Pro:
Having a large selection of templates ideal for the fashion industry
Functional system from basic to advanced, supporting eCommerce business
Cons:
The layout of existing templates causes duplicating, and it’s challenging to alter themes or create your own interface because doing so will have an adverse effect on the entire system.
The system of specific functions for the fashion sector is still limited.
More third-party services than Haravan, although still only integrated with services available in Shopify’s app store.
Because it is a SaaS platform, it will be difficult for Shopify to expand the website in the future
→ Rating: 2/4
Shopify is considered suitable for start-ups or SMEs with global operations.
Pricing
Starting an eCommerce business using Shopify is quite inexpensive at beginning, with several options:
Basic Shopify: $29/month appropriate for start-ups with limited sales volume
Shopify: $79/month suitable for growing internet companies
Advanced Shopify: $299/month ideal for growing enterprises that require comprehensive reporting and analytical capabilities
Shopify Lite: $9/month perfect for companies who wish to add sales and payment buttons to their current website or blog.
Shopify Plus: $2000/month provides advanced eCommerce solutions for large businesses that need to process large volumes of orders
Nevertheless, the long-term cost of utilising Shopify will rise owing to rising costs for extensions, yearly usage fees, and % per transaction on the system.
Deployment time
The typical time to develop an e-commerce website is 1-7 days or more, depending on the system’s complexity.
Big Cartel is a platform that assists in the creation of specialised eCommerce websites for the fashion industry or for art goods such as ceramics, paintings, and photographs. Big Cartel is used by several websites such as Atakontu, Indikidual, and others.
Platform review
Pro:
Wide variety of themes for the arts, including the fashion industry
Comprehensive functional system: basic, advanced, specific
Cons:
Only services accessible in Big Cartel’s app store are incorporated.
Because it is a SaaS platform, future expansion of the website will be tough to plan.
→ Rating: 2.5/4
Big Cartel will be appropriate for startups, SMEs, or new e-commerce participants that need to handle the complicated “issue” of fashion eCommerce.
Pricing
Website setup expenses are modest, with few possibilities for solution packages such as Haravan or Shopify:
Package 1: Free for businesses that need to experience
Package 2: $9.99/month suitable for businesses with a limit of 50 products
Package 3: $19.99/month suitable for businesses with a limit of 500 products
Deployment time
Big Cartel allows you to develop a fashion e-commerce website in as little as 1-2 weeks, depending on the system’s complexity.
WooCommerce is an open source platform, as a WordPress plug-in introduced in 2011 and allows businesses to use completely free. Popular websites using WooCommerce in Vietnam include Hai Trieu, Orchard, etc.
Platform review
Pro:
There are several free and paid themes for the fashion industry available from the WordPress and WooCommerce community that are simple to adapt or develop.
eCommerce functional system ranging from basic to sophisticated
Simple connection with a wide range of third-party services
Businesses may plan to extend their website in the future because it is a source code platform
Cons:
The functional system is still restricted in terms of fashion-specific elements.
Scalability is not very great in comparison to other open source systems like as Open Cart, Magento, and others.
→ Rating: 3/4
WooCommerce is suitable for fashion businesses who are used to WordPress before and are in need of developing an eCommerce system.
Pricing
Because it is an open source platform, fashion firms can use it for free; nevertheless, businesses must pay development costs while utilising the platform, such as:
Domain: $15/year
Hosting: $120/year
SSL Certificate: $50 – $300/year
Website development: $1,000 – $3,000 depending on the complexity of the system
Extensions: $10/utilities
Website maintenance and upgrade costs: $200/year, depending on the cooperation unit
Deployment time
An eCommerce website will take longer to create than the previous three platforms since it must be constructed from the ground up, which will take at least 1-3 months.
Magento is an open source platform with 2 versions: Magento Open Source (free) and Magento Commerce (paid). Some websites are using Magento such as Canifa, Hoang Phuc International, OnOff, etc.
Platform review
Pro:
Numerous fashion-specific themes are available from the worldwide developer community, marketplace, and Magento website developers, allowing businesses to use current themes or quickly alter them to meet their unique needs. Create your own user interface.
Complete functional system: fundamental, advanced, and specific
Simple connection with a wide range of third-party services
Excellent scalability: multi-language, currency, and easy feature development in the future
Cons:
There is no theme repository from Magento to support businesses
→ Rating: 4/4
Magento is appropriate for a wide range of fashion business types, including B2B, B2C, and B2B2C, as well as a wide range of business sizes, including startups, SMEs, and huge corporations. Nevertheless, because the cost of deploying Magento is sometimes very high, Magento is favoured by major organisations.
Pricing
Magento Open Source, like WooCommerce, is an open source platform, therefore it is free to use; nonetheless, businesses must consider the following costs:
Domain: $15/year
Hosting: $120/year
SSL Certificate: $50 – $300/year
Website development: $1.800 – $10.000 depending on the complexity of the system
Extensions: $60 – $600/utilities
Website maintenance and upgrade costs: $200/year, depending on the partner
Businesses will be working directly with Magento’s development team for Magento Commerce, thus they will have to pay licence fees as well as certain additional charges such as:
Licenses: $22.000 – $125.000/year
Domain: $15 – $400/year
Hosting: $500 – $6.500/year
SSL Certificate: $50 – $300/year
Website development: $10.000+
Extensions: $60 – $600/utilities
Deployment time
A complete Magento project typically requires 3 to 6 months of deployment time, with some projects requiring up to a year. The reason for this is the complicated functioning structure and the lack of Magento experts.
Summary
In general, Haravan and Shopify will be excellent for startups or SMEs since they provide a selection of cost-effective solution packages for any business need when establishing fashion e-commerce in a short period of time.
Conversely, Big Cartel is also suited for startups or SMEs looking for low-cost solutions in a short period of time, but with specialised features to address the idiosyncrasies of the fashion busines.
Businesses who have previously used WordPress can use WooCommerce to enhance their fashion e-commerce website, but they should be mindful of potential feature concerns in the future.
Magento, in particular, has practically all exceptional features, ranging from the website interface to the functional system to the capacity to connect and extend, making Magento more suited for a wide range of company kinds and models. Yet, many organisations evaluate the time and cost of deployment while selecting Magento.
SECOMM understands the obstacles that businesses encounter when deciding which platform to use to begin their e-commerce journey, having created complex eCommerce websites such as An Nam Gourmet, Laybyland, Jasnor and others.
Contact SECOMM now for a no-cost consultation on comprehensive eCommerce system development alternatives!
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