Magento is the world’s leading eCommerce open-source platform, powering thousands of online stores. As a booming field, store owners are figuring out how to make their name known in the commerce market.

Starting an e-business is never an easy task, and it can be stressful at times. We are here to assist you if you are new to the eCommerce industry. Let’s figure out what important software new store owners on Magento should consider!

POS solutions

Your customers can pay for the products and services they buy from your store using a point of sale (POS) system. It is typically made up of both hardware and software components that operate in tandem to expedite your payment procedures.

Considering a POS solution like Magento point of sale software to be a hub will help you integrate everything related to payment in your business, such as inventory, sales, and customer management. It provides the operations of a basic cash register, such as transaction processing, tax calculation, receipt generation, and sales tracking. A POS system, on top of that, can help with more complicated activities like inventory management, vendor communications, and managing labor expenses.

Hosting

You would then need to look for a Magento-specific web hosting provider. A LAMP stack on a quick server is the best Magento hosting setup. It is said that shared hosting is an option, VPS, Cloud Hosting, and Dedicated Servers give superior speed and security. Consider hosting options that include a dedicated IP address, an SSL certificate, and a CDN.

Before deciding to choose any hosting providers, you should find out that Magento comes in two main editions:

  • Open source: it allows you to build your store from scratch and download it for free
  • Commerce: it has some features such as B2B capabilities, cloud delivery, page builder.

There are various recommendations on the best Magento hosts, but here is a preview of some ideal Magento hosts, validated for performance and security:

  • BlueHostA2 Hosting
  • InMotion Hosting
  • SiteGround

Payments

An eCommerce payment gateway is essentially a merchant service that accepts credit card payments using an online store’s existing software. It facilitates the direct processing of transactions from eCommerce enterprises or online storefronts to the payment processor, who then receives money from customers.

For years, payment security has been a key source of anxiety when it comes to online purchases. There are two things you should consider before deciding which software is suitable for your business. First and foremost, you must choose your website’s security choices. Second, choose a hosting provider for your Magento online store.

What eCommerce business owners face is the challenge of properly selecting the best payment gateway integration for their stores from a variety of options on the market. If you own an eCommerce business, providing a solid, trustworthy, secure, and smooth online checkout experience will be critical to attracting and pleasing your customers.

Stripe, for example, provides many fraud detection features such as CVC/AVS verification, 3D security, tokenization, and so on. Furthermore, Stripe offers improved security to ensure that both merchants and customers get the most out of their buying experience.

Customer Management

In an eCommerce site, customer relationship management (CRM) software combined with Magento may greatly assist shops in managing orders smoothly and providing accurate information to customers.

Demand-driven capabilities are provided by eCommerce CRM systems. Retailers can greatly profit from real-time sales data, as well as estimate the availability of various products based on demand. Furthermore, integrating Magento CRM systems offers customizable reporting possibilities that depict your entire business activities.

You have two alternatives when it comes to selecting the best eCommerce Magento CRM for your online store:

  • Install a Magento CRM extension from a store
  • Develop bespoke CRM system

Here are some ideal suggestions for you to implement efficient customer relationship management:

  • Salesforce
  • Agile CRM
  • SugarCRM
  • Hubspot

Design

When it comes to custom design, you should consider which browsers their Magento store should be compatible with. Many shops overlook this, but it is critical for improving the consumer experience. You’ll also need a mobile-friendly and mobile-responsive design for your website, which a third-party app can help you with.

To save money on design with a pre-designed theme, several stores have purchased themes from Theme Forest, MOJO Marketplace, or Rocket Theme and installed them on their website. Whatever method you use, be sure it is fit for your store and items.

Conclusion

If you already have a Magento eCommerce site, it’s likely that you’re using certain extensions to help your business. On the other hand, if you are seeking a business strategy to launch an eCommerce site, this blog may be of interest to you. But keep in mind that professional assistance is always preferable. You can hire a tech company to integrate and customize your store.

Hopefully, this blog has provided you with some useful information on ideal software before starting an eCommerce business on Magento.