Top 5 eCommerce Software Companies 2020 [Review]

by Varun - Oct 31, 2020
eCommerce Software Companies

eCommerce software companies allow merchants to display their products and conduct transactions online.

Are you an ecommerce owner or beginner to start an E-store?

If yes, then this article will be beneficial for you to start and to choose better eCommerce software companies.

So that you can’t distract on the eCommerce road, if you are an experienced one then you will get more knowledge in the field.

But here’s a catch…

Choosing the right eCommerce software companies can either make or break the success of your online store. So patiently wait, gain knowledge then start.

Before creating an online store, you need to worry about the best website hosting company, inventory, shipping management, taxes, support, and much more.

Moreover, we don’t have a lot of money in our bank to get started, Am I right? Don’t worry, there are free versions also available for you.

You can get knowledge with the free option first, then transfer yourself to the paid option because they have 100% more options and chances to build a successful store.

Before switching, you should also think about a budget for the construction and maintenance of your eCommerce store.

Think about the final target you may have as a store owner. So now let’s compare some of the best eCommerce software companies out there paid as well as free, but before that let’s have some knowledge on what is eCommerce? What are the eCommerce software companies?

What is eCommerce?

eCommerce is also known as Electronic Commerce or Internet Commerce. It is the activity of buying and selling products online or on the Internet.

What are eCommerce software companies?

eCommerce software companies allow merchants to quickly set up their online shop using their eCommerce solutions platform.

These specific types of eCommerce software are also designed to develop, deploy, and maintain an online shopping platform where products can be advertised, sold, or purchased.

Without investing a huge fortune in it. There are several free and open-source eCommerce software companies platforms that also help us to create a fully integrated online eCommerce store.

These eCommerce platforms also come with built-in modules and widgets to incorporate them into your existing interface to build eCommerce platforms for multiple vendors.

There are two general categories of eCommerce platforms: hosted and self-hosted open source:

Hosted eCommerce solutions are cloud-based and also paid on a monthly basis but aim to be more reliable and user-friendly.

Self-hosted eCommerce systems are more modern, flexible, and free of charge but unmanageable.

5 Best eCommerce Software Companies

For beginners with no experience in establishing or maintaining a web store, the following platforms are one of the best for them.

These 5 Best eCommerce software companies will provide a platform for small and medium businesses (SMEs) and individuals to set up online stores.

Indeed everything is taken care of, which means you don’t need to set up payment processors, negotiate with transfers, or can even send invoices manually.

WooCommerce

ecommerce software company

It is a successful WordPress open-source e-commerce plugin that is managed via GitHub.

It currently has over 400 official integrations (e.g. payment gateways, shipping tools, and marketing platforms) with various third-party tools.

Users can customize their online store which will be powered by WordPress using WooCommerce features such as theme customization and design tools for web page layout.

Categories of items, tags, and characteristics also make it easy for shoppers to identify the individual products for which they are searching for. Reviewers at WooCommerce enjoy it.

It is the best-unified portal under one roof for running both e-commerce and an affiliate site. Yet actual e-commerce sites such as BigCommerce and Shopify are selling well compared to it.

Choosing one, though, is all about desires, and no forum for any organization is fool-proof. Hopefully, you can decide quickly after you read our WooCommerce review.

How do you set up your plugin in WordPress (In 3 Simple Steps)?

If you don’t have a WordPress website then no need to worry, apply these steps to connect the WooCommerce plugin to WordPress, and set up your eCommerce store.

Step #1: Purchase Domain and Hosting

Many individuals register their domains through their web hosts, but we suggest keeping those two apart so that if you change hosts, you can easily hold on to your domain name.

You should, for instance, use a dedicated site such as Godaddy, Namecheap, etc to pick and buy your domain.

You’ll also need to find a decent web host after getting the domain name for the setup.

Whenever you choose a hosting company it should be beginner-friendly, highly flexible, and quite inexpensive.

We suggest Hostinger or SiteGround for WordPress when you start your eCommerce journey.

You would need to choose a schedule after you have selected a web hosting company. We recommend you have a simple shared hosting package if you are new to the e-commerce world, and if you need to have an advance plan, you can still update it later. You will move on to the next stage after you’ve registered and paid for your subscription.

Step #2: Install WordPress on your Hosting server

The simplest aspect of the configuration process might be this. Although WordPress can be manually installed, most hosts allow you to use a simple installer to set up the platform that can be accessed from your control panel.

The installer itself varies from company to company. But all you need to do is usually enter a few basic parameters, including the name of your account, its domain, your admin credentials, etc.

Step #3: Install and Activate the WooCommerce plugin

Installing and activating is your final step.

Log on to your new WordPress site first and search for the Plugins tab. Click on it, and at the top of the page, pick the Add New button.

On the next tab, to search for the WooCommerce plugin, use the search option on the right. There are plenty of platform add-ons, just make sure you choose the base plugin. Once you spot it, press the Install Now button.

After a moment, an Enable option would replace the Update Now button. WordPress will do its thing until you click Trigger, and WooCommerce will be ready to go!

Step #4: Final Step

Click here to know how to use WooCommerce plugin

Pros of WooCommerce

  • Installed Shopping cart.
  • Different Payment Gateways.
  • Email and bulk email facility.
  • Multiple store inventories.
  • It also works with all WP Themes.
  • WordPress seamless integration.
  • Ease of use and proper maintenance.
  • Fast, scalable, and localized.
  • Different dashboards.
  • Back end analytics.
  • Marketing features.
  • Customization.

Cons of WooCommerce

  • The GUI can be improved.
  • It can have better image handling.
  • It also can have additional check out add ons.
  • Ability to customize geolocation.
  • Sometimes the widgets are not performing well.
  • Too many updates – Seems like there is always a pending update
  • It should have more native shipment management functionality

ecommerce software companies

Establishment: 2008

Founders: Mark Forrester, Magnus Jepson, and Adii Pienaar

Funding: US $300 Million

Top Clients: All Blacks, Weber, AeroPress, etc

Revenue: US $10 Billion+ till now

Major Investor: Automattic

Customer Segment: Merchants

Pricing: Free to Start

Performance: 4.0/5

Monthly Traffic: 3.3 Million/Month

SHOPIFY

ecommerce software companies

Shopify is indeed the world’s best-known eCommerce Software Company website. Over a million eCommerce websites are operated by them.

Shopify is an all-in-one e-commerce website that is incredibly easy to use and set up. Without a lot of in-house tech solutions, it’s a perfect option for the starters. However, it is paid for as well as free for 14 Days.

Often, Shopify is very flexible. It’s seen for both local companies and larger-scale events. Kylie Jenner used Shopify to create her billion-dollar empire by selling lip kits from Kylie Cosmetics. But you could also use Shopify as a small start-up.

The award-winning 24/7 support, which you have access to right before you sign up for a Shopify account, is another standout from Shopify.

Shopify makes it easier for you to sell items from your online store, as well as through online marketplaces, social media sites, and Shopify POS in person.

One simple way to create a modern e-commerce website from scratch is through Shopify drag-and-drop builder.

For mobile devices, all themes are optimized, which is necessary for maximizing your conversion rate.

Shopify is also integrated into the platform with its own payment processor. It also connects the Shopify App Store with more than 3,200 apps.

Pros of Shopify

  • Lighting fast load time
  • Super easy to set up
  • They also have lots of certified partners to help you
  • 1-Click selling
  • Allows multiple channels and social selling platforms.
  • Great themes with varied designs

Cons of Shopify

  • Rated poorly in SEO in consecutive studies.
  • Unable to customize the checkout process
  • Apps can add up and become costly
  • Need a developer for advanced features

SHOPIFY PRICING

Basic Shopify plan: $29/month

  • 2 accounts
  • Shipping discount up to 64%
  • Online credit card fees 2.9% + 30¢ or 2% using other providers.

Shopify plan: $79/month

  • 5 accounts
  • ecommerce reports
  • Shipping discount up to 72%
  • Online credit card fees 2.6% + 30¢ or 1% using other providers.

Advanced Shopify plan: $299/month

  • 15 accounts
  • Custom reports
  • Third-party shipping rates calculations Shipping discount up to 74%
  • Online credit card fee 2.4% + 30¢ or 0.5% using other providers

Shopify also provides a free 14-day trial without giving the credit card details, so you can try their app pretty quickly.

ecommerce software companies

Establishment: 2004

Founders: Daniel Weinand, Scott Lake, Tobias Lütke

Funding: US $122.3 Million

Top Clients: Allbirds, Heinz, Staples, etc

Revenue: US $1.58 Billion

Major Investor: Felicis Ventures and Insight Partners

Customer Segments: Merchants, Dropshipping, etc.

Pricing: Starts from $29/Month

Performance: 4.5/5

Monthly Traffic: 70.40 Million/Month

WIX

ecommerce software companies

Wix is renowned for being an easy-to-use, inexpensive platform with e-commerce capabilities and facilities.

Without any coding or web design knowledge, you can set up a gorgeous, fast-loading website.

Wix is the best-identified website creator for drag-and-drop. But you can also build an e-commerce website from scratch using Wix. The best thing about using Wix is its versatility as an e-commerce website.

In a typical Wix domain, the e-commerce platform can have the same drag-and-drop advantages. To receive purchases online, you only need to pick an e-commerce plan. You should still update your plan to enable the eCommerce feature for those of you who are still using Wix.

The manager of your Wix shop makes it easier to handle inventory and also monitor your orders, along with connecting with your customers.

Pros of Wix

  • A wide collection of majestic themes that fulfill a multitude of needs.
  • Highly simple for you with a simple web designer to configure your theme and get online
  • Also, have some automation for marketing
  • Nice web speed ratings from Google
  • Affordable, even for a bundle with complete features

Cons of Wix

  • Wix does not have these sorts of advanced sales features.
  • The drag and drop interface’s simplicity also ensures that coding and the customization it provides are not open to you.
  • Fewer applications and integrations than other platforms
  • There are no Wix advertising options or any other services that you’re going to use third-party applications for.
  • SEO is strong and getting stronger, but not quite as par with WordPress.

WIX PRICING

Business Basic: $3/month with annual payments

  • Free eCommerce templates
  • Unlimited accounts and products
  • 20GB of storage
  • It also integrates with Google Analytics

Business Unlimited: $4/month with annual payments

  • Everything in the Business Basic plan
  • 35GB of storage
  • Subscription selling
  • Automated sales tax (100 transactions/month)
  • Advanced shipping options
  • Currency converter
  • It also integrates with Facebook, Instagram, eBay, and many more
  • Business VIP: $6.7/month with annual payments

  • Everything in the Business Unlimited plan
  • 50GB of storage
  • Automated sales tax (500 transactions/month)
  • Priority support
  • Customized reports
  • Loyalty program

ecommerce software companies

Establishment: 2006

Founders: Avishai Abrahami, Nadav Abrahami, Giora Kaplan

Funding: US $60 Million

Top Clients: Victoria’s Secret, NetMD, etc

Revenue: US $1 Billion

Major Investor: Mangrove Capital Partners and Insight Partners

Customer Segments: Merchants, etc.

Pricing: Starts from US $3/Month

Performance: 3.5/5

Monthly Traffic: 63.20 Million/Month

SQUARESPACE

7-Squarespace-Logo-min.png

Squarespace is a fantastic all-in-one platform for selling goods to create a profitable online shop. They take care of all the maintenance of the server and give you tools for building and running your shop that is easy to use.

Also, their pricing is very economical, with monthly fees and standard features beginning from $18/month.

Through using CSS and Javascript, you get access to lots of mobile-optimized and customizable models that you can further modify.

You can upload as many physical items as you like, but only the Advanced Commerce package comes with the subscription sale option.

The interactive advertising pop-ups and banners, abandoned cart recovery, automated delivery rate estimates (ZIP code level in the US), customized discount laws, personalized API incorporation, and advertising usage labels with restricted availability are some primary features.

However, for higher-tier plans, some of these functions are only available, so take a peek at the Squarespace pricing segment below.

SQUARESPACE PRICING

Squarespace is available for both monthly and annual fees, but with every package, the latter comes cheaper.

The yearly plans even come for one year with a free domain. Transaction costs are applied only to the Business Plan (3%). Yet for all plans, credit card processor fees also apply.

Business plan: $18/month annually or $26/month monthly

  • Free templates
  • Unlimited contributors and products
  • Website Analytics
  • 3% transaction fees

Basic Commerce: $26/month annually or $30/month monthly

  • Everything in the Business plan
  • No transaction fees
  • Customer accounts
  • On-domain checkout process
  • Additional ecommerce analytics

Advanced Commerce: $40/month annually or $46/month monthly

  • Everything in the Basic Commerce plan
  • Abandoned cart recovery
  • Subscription selling
  • Automatic shipping rate calculation

The downside of the cheapest package is that it comes with 3% processing costs, no client accounts, redirecting the checkout from your territory, and no lost retrieval of the shopping cart. However, to check them out, you can get started with Squarespace for free without adding a credit card.

ecommerce software companies

Establishment: 2003

Founder: Anthony Casalena

Funding: US $280.50 Million

Top Clients: Pixar, Lyft, etc

Annual Revenue: US $300 Million+

Major Investor: General Atlantic

Customer Segment: Merchants

Pricing: Starts from $18/Month or $26/Month

Performance: 4.2/5

Monthly Traffic: 30.5 Million/Month

BIGCOMMERCE

Bigcommerce

For the last decade, BigCommerce has been delivering e-commerce solutions. They’ve handled more than $18 billion in merchant transactions over this period.

BigCommerce is a paid,’ hosted’ e-commerce solution that enables company owners to set up an online shop and sell their goods on the internet.

‘Hosted’ means BigCommerce is running its own servers, meaning you don’t have to pay for web hosting and also don’t need to install anything to use it on your computer.

You can create and run your store from anywhere, as long as you have access to a web browser and the internet. It is a product of Software as a Service (SaaS), which means you don’t own the software, but to use it you pay a monthly fee.

To help you build your online shop, the package comes with a number of customized templates; you can use it to sell either physical or digital goods, and there are also several resources offered to help you advertise your shop.

BigCommerce is largely targeted at individuals lacking much web design experience, but it also helps more tech-savvy customers and developers to modify their online stores’ with HTML and CSS.

But unless you are able to create your own online store from scratch, you are likely to end up using a hosting service such as BigCommerce to manage your store anyway.

Furthermore, the good news is that it is one of the most established brands of its kind out there, with customers including Paypal, Avery, Clarks Shoes, and Gillette.

BIGCOMMERCE PRICING

Four monthly price plans by BigCommerce, which are as follows:

  • Standard BigCommerce: $29.95 per month
  • Plus BigCommerce: $79.95 per monthly basis
  • ProBigCommerce: $299.95 per monthly basis
  • Enterprise BigCommerce: Pricing varies according to the requirements of your company.

But it’s good to note that you won’t have to pay more for functionality for individuals who intend to take advantage of these additional capabilities.

BigCommerce also makes it easier for you to control revenue across various platforms.

In terms of uptime, loading speed, protection, and other performance metrics, unquestionably BigCommerce has an excellent reputation.

B2B stores, wholesale shops, and WordPress apps deliver special solutions. BigCommerce also provides exclusive options for e-commerce stores in various sectors.

Pros of Bigcommerce

  • It’s easy to use.
  • The overall functionality set for BigCommerce entry-level plans is very detailed.
  • With BigCommerce, certain innovative features that other sites charge more for are available at a much cheaper cost here.
  • Real-time delivery calculations by third parties are also available on either package.
  • If you use a third-party payment gateway, there will be no processing costs.
  • With these plans, you get a decent selection of monitoring tools; on all competitive goods.
  • The development of custom fields is quite simple.
  • It is very straightforward to encourage your clients to upload files during their order.
  • Also available with built-in features for product analysis.
  • It also comes with the features of the drag-and-drop page builder (however, this requires a bit of improvement).
  • You can also create short URLs, the AMP format is also usable on all its templates, and all plans provide automated image optimization.
  • Moreover, their SEO features are fantastic.
  • The ‘abandoned cart saver’ approach is more informative than the equivalent bid from rivals.
  • In every package, you get an infinite number of worker’s accounts.
  • Thanks to its exclusive deal with Braintree, you can take advantage of cheaper than average Paypal card processing fees with BigCommerce.
  • For vendors with a number of different product variants, it’s a very scalable approach.
  • Indeed, you can use it for FREE for 15 Days.

Cons of Bigcommerce

  • Compared to some of its rivals, you have to pay quite a lot to take advantage of abandoned cart features.
  • Limits are set on online annual purchases. You’ll need to upgrade to a more costly subscription package if you undoubtedly surpass the limit.
  • Themes are too similar to each other in many situations.
  • The number of font types included in the free themes is very small.
  • Their built-in blog doesn’t facilitate RSS feeds.
  • VAT MOSS rates should be catered for better.

Bigcommerce pie graph

Establishment: 2009

Founders: Eddie Machaalani, Mitchell Harper

Funding: US $225 Million

Top Clients: effelle creative, Skullcandy, etc.

Revenue: US $115 Million

Major Investor: GGV Capital and General Catalyst

Customer Segment: Merchants

Pricing: Starts from $29.95/Month

Performance: 3.8/5

Monthly Traffic: 5.10 Million/Month

Conclusion

In general, companies today must constantly aim to produce the next best things.

Nevertheless, customers continue to want their goods, services, etc. to be better, quicker, and cheaper on an ongoing basis.

As technology continues to evolve, it is something that should be taken advantage of and incorporated.

eCommerce is also constantly evolving and becoming more and more important to too many companies.

The possibilities have been limitless for both companies and customers since the beginning of the Internet and e-commerce.

Creating more profit and advancement prospects for companies, thus creating more customer choices.

Like everything else, e-commerce, however, has its risks, including market uncertainties, but nothing that sound decision-making and business practices cannot overcome or prevent.

When beginning an e-commerce company, there are many variables and factors that need to be weighed and agreed upon. Some of them include e-commerce forms, marketing campaigns, and many more.

If the right strategies and procedures are adopted, a company will indeed flourish with a lot of success and profitability in an e-commerce world.

Here, online businesses can raise their income more, and without the hassle of shopping around, consumers can quickly find the right product or service.


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