The internet has grown drastically over the past
half-decade, and is now one of the maturest industry internet has ever
produced. There are still innovations and inventions going on, but the kind of
tempo eCommerce shows is hard enough to ignore.
Especially when you are an eCommerce entrepreneur with a
vision in your mind, you don't want to compromise with your business
requirements. That's where choosing a right eCommerce platform becomes so
crucial to survive the rash of competition and changing face of the eCommerce
industry.
The eCommerce platforms which I am going to mention in this article mainly include:
There are some other important platforms too, but the kind
of fall these platforms have received in the past 2 years is dramatic. We will
also look at them.
Here is the comparison of the eCommerce platform trends that
have changed over the last year. This data is based on the analysis of the top
million sites on the internet by BuiltWith.
Analysis
The above pie charts present a detailed comparison of the
eCommerce platform usage trends over the last year. It’s easy to draw some
implications from these pie charts.
1. The Total Share
Until the May 2016, the four platform Magento community,
WooCommerce, Magento Enterprise, and Shopify were being run on 43% of the top
million eCommerce sites in 2016.
However, this percentage rose to 49% by May 2017. The 6%
percent increase was contributed greatly by a decent increase in the usage of
Shopify and WooCommerce.
WooCommerce rose from 21% in May 2016 to 24% in May 2017.
While Shopify witnessed a very well increase 6% to 10% in 2017.
Surprisingly, the share of Magento community edition
witnessed a drop to 1% while the Magento Enterprise edition was stagnant to 2 %
of the share.
Implications
The growth of Shopify as an eCommerce platform clearly
indicates that entrepreneurs have been more inclined to the cloud-based hosted
solutions. Moreover, since Shopify is not designed to handle the giant setups,
it seems that more startups have been made in the smaller and niche-based
business segment.
According to a data showing 1% decline in the usage of
Magento community, it can be said that self-hosted solutions are possibly too
tricky for these small business owners. And for those who wish to use the
self-hosted platforms, WooCommerce is their first choice. Despite, Magento
community edition can fulfill every requirement, WooCommerce is still the more
popular choice.
I have read these lines in one of the articles about giving
too many choices to the eCommerce customers- "Less is more". The
article said that " giving too many choices to the customers always
trigger the "paradox of choice"". Perhaps Magento is falling
into this paradox of choice where it has everything one needs but also has many
things extra that small businesses do not require at all.
And in this situation, WooCommerce comes out as a simpler
and easier solution with few yet necessary offerings. That's where small
business setups attract to it instead of using a more complicated solution.
2. Shifting The Platforms
Though Magento faced a slight decline among the top million
eCommerce sites, the overall internet stats say that there has been an increase
in its usage either. With Magento, the other three platforms have also become
more popular.
Business running on the proprietary and less popular
eCommerce platforms have shrunk to a great extent. From 45% to 39% to be exact.
Implications
Not just the startups but the older businesses are also
shifting their ways to the WooCommerce,
Magento, and Shopify. Depending on the requirements, all the three platforms
can serve from small to giant business requirements, and this is where they are
attracting the site owners to change from their less popular platforms.
But it's not just the popularity that is causing this shift
but the actual reason behind this popularity is the real cause:
- You can find a Magento extension, Shopify App, WooCommerce plugin more easily that any other eCommerce platform in the market.
- You can find a Magento certificated developers, and experts on Shopify and WooCommerce more easily than any other eCommerce platform.
- The support for these platforms is competitively way better. Who doesn't know the Magento forum, Shopify Forums, WooCommerce forum, Magento Enterprise and Shopify dedicated support etc?
- The overall cost of setup, management, and maintenance on these three platforms is way less than what you would spend on proprietary platforms like Volusion, and Yahoo Store.
Google Trends Say A Similar Story
Even the GoogleTrends seems to agree with the above data. It tells a similar story on the
popularity of the three platforms:
Shopify is being shown as the most promising platforms here,
while WooCommerce is also not far behind. On the other hand, though Magento was
far more popular than any of these platforms till 2015, after that a gradual
decline can be easily noticed.
With the advent of could based (Shopify) or more focused
(WooCommerce) platforms, the stand alone, self-hosted, and enterprise level
(Magento) solutions are getting lesser attentions.
However, it doesn't mean Magento is any less popular. It's
just that eCommerce startups today are more on niche-based and small-scale
rather than on an enterprise level. These small business requirements are being
fulfilled by the light-weight platforms itself, so why would one wish to spend
more time, money and, effort on a comparatively better but complicated and
costly solution.
An Honorable Mention- Prestashop
While we were looking at the stats from worldwide, we encountered
an interesting stat from the European section. The home player PrestaShop is
one of the most used eCommerce platforms in countries like France, Spain,
Italy, and even in some Asian subcontinent.
This is the usage stat from France:
PrestaShop is one of the fastest growing eCommerce platforms
in the European and some Asian sub-continent part. In France itself, 27% of the
eCommerce sites run on PrestaShop platform which is almost the same as
WooCommerce share in the same market.
Moreover, some Asian countries like India are growing
as the top source of custom PrestaShop modules,
themes, and templates after France. It's hard to resist how PrestaShop is
growing in the eCommerce platform market and perhaps a promising entrant to the
Worldwide eCommerce platform market.
Author Bio:
Ethan Roy, a technical content writer by Profession.
With years of experience on various eCommerce platforms (Magento, PrestaShop,
OpenCart, Shopify), he has a lot to share with the readers. Currently working
as Technical Content Writer at Knowband .