B 2 B B2B e-commerce PLAYBooK And reSource guide Best practices and resources for companies researching, justifying, developing, launching, and maintaining successful B2B e-commerce operations contentS section 1 04 commerce Platform implementation Best Practices 05 B2B e-commerce roadmap 08 Before starting section 2 10 28 48 Online Selling Can Improve Gross Revenues 14 34 49 stage 1: research and Justification Order Values Can Be Increased 16 Operational Efficiencies Can Reduce Expenses 18 Loyalty Is Easier to Build 21 22 stage 2: gathering requirements Who Should You Include in the Requirements Gathering Process? 22 What Requirements Should be Examined? 23 Benefits of Agile Methodology: Test Early and Often 24 stage 3: selecting a Platform Vendor stage 4: Build out and launch Design, Wireframe, and Coding 34 40 stage 5: ongoing maintenance, support and operations / Phase 2 Decision Point: Internal or External Support? 45 Comparing Phase 1 to Phase 2 46 commerce Platform decision resources guidance from forrester 50 Vendor comparison tool 62 hybris B2B accelerator 64 hybris white Papers and solutions Briefs 68 hybris case studies / reference customers 70 about hybris Milestones 72 Distinctions 74 section one Commerce Platform Implementation Best Practices B2B e-commerce roadmaP The needs of B2B buyers are changing rapidly. As consumers, they expect a highly personalized and responsive shopping experience when they engage with retailers on the Web, via mobile browsers, or offline, in physical stores. When doing business with you in their professional lives, they also expect and demand similar, convenient, efficient shopping and purchasing experiences. hybris delivers comprehensive B2B commerce solutions that assure your business customers’ multi-channel shopping experiences are as advanced as the Web’s best consumer sites – highly productive, state-of-the-art business customer experiences that maximize your conversion rates and gross revenues. As your company progresses down the path of research, justification, platform selection, implementation, and ongoing maintenance of your B2B e-commerce infrastructure, there will be a number of critical steps along the way. 6 B2B E-Commerce 3. Vendor selection 5. Ongoing Support Phase 2 Vendor research / scorecard Roadmap Choose a support model In-house or outsourced support Phasing out remaining requirements 1. Research and Justification Business Case/ROI basics Increase in sales, operational efficiencies, and loyalty 2. Requirements gathering/RFP Don’t automate a bad process Involve stakeholders and customers Data and integrations 4. Build and Launch Project scope for initial launch Continued involvement of stakeholders Timeline and tradeoffs Before Starting Below is a short list of suggested questions for your organization to answer before embarking on a new e-commerce project. The complexity involved with implementing a commerce platform should never be underestimated! What is your long-term vision for commerce? What will define the success of your commerce initiative? What is your change management strategy? Who are your key stakeholders in the commerce platform? What are your current commerce pain points? Does your organization have the required skills to implement? What are your short-term project goals and objectives? Do you have any target metrics or KPIs? Have all of your requirements been adequately documented? A surprising number of e-commerce implementations begin without a clear view of the organization’s vision for a successful outcome, who is going to be involved, and when. These organizations may lose weeks or months resetting expectations, redefining their projects, and resolving the frustrations of their stakeholders. Sometimes they run out of time and resources, and ultimately wind up going live with fewer commerce functions than they had hoped. This can be easily avoided if the planning is completed properly before the implementation is scheduled to begin. Start your project with the best possible foundation of vision and resources, and make sure that the three following key components are in place. Overall Commerce Strategy Identify what the organization needs to achieve, then define specific expectations around how the hybris implementation will impact and benefit these strategic objectives. 9 Cross-Functional Team Partnering Strategy Identify responsibilities for technical and business stakeholders during the implementation, and consider changes to roles, skills, responsibilities, and organizational structure that will be necessary after implementation. Even the best partners and the greatest companies can be mismatched. Define what is important to your organization and be ready to share it with your existing or potential partners. By ensuring these criteria have been defined and understood by everyone involved, you can frequently prevent many of the common problems associated with launching a new or enhanced e-commerce platform. 10 Stage 1: Research / Justification This stage often includes a business case and ROI analysis to determine the core reasons why you are investing in a B2B e-commerce platform. This consists of presenting the evidence to management that the upside for building an online B2B business adequately justifies the expense. ROI is commonly broken down into two components: revenue upside and cost reduction (operational efficiencies). At hybris, we believe that both parts of the equation are equally important, although your specific business dynamics will determine which has the larger effect on your business outcomes. B2B: $559B Fact 1: Global B2B E-commerce is Twice the Size of B2C Fact 2: Global B2B E-commerce is GROWING FASTER THAN B2C B2B E-Commerce Growth Rate: 34% B2C: $252B The third component is customer satisfaction and retention. While this may not show up on a P&L each quarter, the positive effects will be seen by the company. B2C E-Commerce Growth Rate: 11 *Forrester, excluding EDI Source: The Forrester Wave™: B2B Commerce Suites, Q4 2013, Forrester Research, Inc., October 7, 2013 13% insight from the front lines: the JuStification ProceSS Your initial market research will quickly determine that building out an e-commerce platform is essential to keep up with your competitors and satisfy the demands of your customers. Top management will invest a lot of time rationalizing the expenditures, considering all the options, and creating a cost analysis and projected ROI. Your CEO will want this, and your CFO will insist on it. Every company goes through this stage, and four to six months will fly by very quickly. Be patient and let this process run its course – it’s a necessary part of corporate life. The Catch-22 is that justifications and ROI projections at the beginning of the project can seem like lost time. That said, the ROI exercise highlights where your particular business might benefit most from e-commerce. However, whatever ROI you do up front is strictly a theoretical model. You will be able to calculate ROI on the back-end much more easily, and with much greater accuracy. You won’t have the real numbers until you get to Stage 4 of the project, and your first B2B site is up and running. That’s when you’ll prove its worth and, based on real world analytics, you can fine tune your marketing strategies, scope out new features and functionality, and move on to Phase 2, where you will add the additional elements you didn’t have time for in Phase 1. One of your first challenges will be customer adoption – persuading them to use the new site. That’s when you will have real numbers to measure ROI and justify future enhancements. 14 online Selling can imProVe groSS reVenueS Before a company selects and implements a new commerce platform, business stakeholders and the technology implementation team should establish a consensus on all strategic objectives. During this process, it’s a good idea to develop a business case for a modern e-commerce platform that highlights the investment that will be required compared to the cost savings and revenue improvements. Then input the expected benefits into your annual budget process to ensure a full business commitment to the new commerce model enabled by the platform. according to a 2013 study By forrester consulting online cuStomerS are more likelY to… Two major categories feed into this business case and budgeting process: …order outside of core categories. hard cost saVings… …such as reduced order processing costs, lower cost of goods and supplies, and increased efficiencies in sales and marketing expenses. reVenue gains… …that can be expected from increased agility, real-time updates (products, pricing) for customers, and improvements in the customer ordering experience, including self-service. …add items to an order. …order in bulk. …buy standard repeat orders. …order at a higher frequency. …make repeat purchases. …switch from one brand to another due to promotional offers. 15 16 order ValueS can Be increaSed “is it easier to cross sell and uPsell online or offline? is there a difference in aVerage order Value (aoV)?1“ By migrating customers to your e-commerce Portal to Purchase your Products, the aVerage order Value (aoV) you’Ve seen on those Purchases has2… InCreASed deCreASed Among companies with online sales greater than a million dollars, 54% find it easier to cross sell and upsell online, compared with 22% who thought it was easier offline. This results in AOV for most companies who see a difference among those selling online longer, 46% see larger AOV. 44% 11% “relatiVe to your offline-only customers, is the aVerage order Value (aoV) higher or lower for your online-only customers?1“ Total > 25% of B2B sales online Selling online 5 years or more 37%: Higher 31%: Lower 52%: Higher 19%: Lower 46%: Higher 25%: Lower Base: 353 online B2B companies around the world (147 B2B companies with greater than 25% of sales online, 156 B2B companies that have been selling online for five years or more). Source: A commissioned study conducted by Forrester Consulting on behalf of hybris, September 2013 1 17 2 Base: 45 B2B e-commerce professionals (percentages do not total 100 because of rounding). Source: The Forrester Wave™: B2B Commerce Suites, Q4 2013, Forrester Research, Inc., October 7, 2013 don‘T KnoW 20% STAYed THe SAMe 24% oPerational efficiencieS can reduce exPenSeS B2B e-commerce can help companies reduce costs, and can take various forms, depending on the nature of the business. By migrating customers to and e-commerce Portal to Purchase their Products, our customer suPPort costs haVe… information for customers and internal constituents: STAYed THe SAMe Reduced customer service time spent on providing product information, prices, configurations and availability to both customers. ordering: Reduced time and efficiency in ordering. 30% InCreASed 9% reduced errors: Order accuracy is often greater for online orders than those entered manually by traditional means. don‘T KnoW 9% customer serVice/rePorting: An online B2B site gives customers a self-service portal to request quotes, ask questions, enable maintenance, and access reports. deCreASed 52% 19 The Forrester Wave™: B2B Commerce Suites, Q4 2013, Forrester Research, Inc., October 7, 2013 Base: 45 B2B e-commerce Professionals Source: The Forrester Wave™: B2B Commerce Suites, Q4 2013, Forrester Research, Inc., October 7, 2013 how much do you agree or disagree with the following statement*: “We can build loyalty with customers more effectively in an online-only environment than we can with those same B2B customers in an offline-only environment.“ >25% of B2B sales online 65% AGREE SELLING ONLINE 5 YEARS OR MORE 51% AGREE loYaltY iS eaSier to Build More satisfied customers stay with you longer – increasing orders, referrals, and lifetime value. hybris customers commonly report that online B2B customers are of higher value than offline customers. A recent Forrester study found that B2B businesses find it easier to build loyalty with online customers. B2B companies find it easier to build loyalty with online-only customers than with offline-only customers. total 44% AGREE data PointS Among the best justifications (aside from dollars and cents) are the facts that: total 28% DISAGREE SELLING ONLINE 5 YEARS OR MORE 24% DISAGREE >25% of B2B sales online a) Your customers are online, and they expect you to be online with a Mobile and B2C-like experience b) Your competitors are online and, if you aren’t, it can become a potentially fatal disadvantage Business Buyers exPect a moBile / B2c exPerience: For example Amazon Supply is now investing aggressively in the B2B world, and is becoming a strong force in B2B markets. 10% DISAGREE *Base: 353 online B2B companies around the world (147 B2B companies with greater than 25% sales online, 156 B2B companies that have been selling online for five years or more) Source: A commissioned study conducted by Forrester Consulting on behalf of hybris, September 2013 22 Stage 2: Gathering Requirements Analysts at Virtusa Corporation estimate that as many as 60% to 70% of all IT projects fail to fulfill planned requirements while adhering to the mandated schedule and budget. One of the key reasons for project failure is a sub-standard requirement analysis – i.e., not knowing “what” you’re delivering. Who Should You Include in the Requirements Gathering Process? Be sure to involve all necessary stakeholders. If you need approval from someone before your commerce site can go live, it’s a good idea to have them participate in defining the requirements. 23 Customers are a critical component. It cannot be overstated that customers need to be at the center of every requirements gathering exercise. You’ll also need an inclusive group of subject matter experts, or SMEs. Make sure that members of this cross-functional team represent finance, HR, operations, customer service, inside sales, field sales, etc. Next to strategy, your internal team structure is the next most important factor when undertaking a new commerce initiative. It’s a common mistake to begin a new implementation before adequately evaluating new roles and organizational changes needed for launch and ongoing maintenance. This can be avoided by predicting future business and technical skill requirements before you start your implementation, and reorganizing your business and technical teams accordingly. What Requirements Should be Examined? Forget about implementation details and technical issues. When gathering requirements, do just that – collect ONLY the initial requirements. There will be many people along the way who want to show you how to implement the solution. But refrain from taking their advice, at least at the beginning. There will be adequate time for that later. Anticipate the end results, or “skate to where the puck will be”. That popular sports quote applies here. Don’t worry about documenting the current way things and processes work, but be adamant about how they should work. What is the desired outcome and how will the customer be best served in a perfect world? written with the assumption that you will not be there to inform the person reading them – they should stand on their own and be clear to an outsider or newcomer. INSIGHT FROM THE FRONT LINES: DON’T AUTOMATE A BAD PROCESS. One of the biggest mistakes we made up front was not spending time figuring out how a B2B commerce site would change how we currently do business – and then building the functionality to meet the future needs of customers” Be clear and concise. Requirements should be 24 “as a corporate manager…“ Benefits of agile methodology: teSt earlY and often When possible, leave room for building an MVP (minimal viable product) to put in front of customers early. What you think will be the “killer” app on your commerce site may be a yawn for customers (and vice versa). While it’s not right for every project, Agile Methodology reserves time in the development cycle, allowing for greater flexibility in both your timeline and your final product. Using cases during requirements gathering can help identify how a customer might accomplish a particular task from their vantage point. hybris suggests creating a number of use cases only as a starting point for team discussion and collaboration – not to be the complete collection of needs. …I need approval from my supervisor before placing an order. …I need the ability to roam warehouse and enter orders. …I need videos and technical specs of the products I am purchasing. …I need to be able to place bulk orders. 25 one NOT ASKING QUESTIONS THAT CAN BE EASILY comPared e-commerce platform RFP TEN MOST COMMON leaVing the rfP ProceSS to the Procurement dePartment THREE Inviting too many vendors to bid ignoring the PeoPle asPects four //////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// FIVE Not having a budget before issuing an RFP six not inVolVing TRYING TO BE TOO IMPARTIAL Taking the short view //////////////////////////////////////////////////////////////////////////////////////////////////////////// /////////////////////////////////////////////////////////////////////////////////// eight all of the stakeholders Wording queStionS in a WaY that enaBleS the Vendor to “SPin“ or oBfuScate the truth TEN Not doing sufficient due diligence Stage 3: Selecting a Platform Vendor In the previous stages, you created the cross-functional team and orchestrated many of the preparatory elements of your e-commerce initiative, such as presentations to management and RFP requirement gathering. In this next, critical stage of vendor analysis, qualification, and selection, the cross-functional team will assume the crucial role of choosing and bringing on board one or more organizations that will become your development partner, platform supplier, and integration team. 29 If you’ve completed Stages 1 and 2 correctly, and if you’ve created the right team to manage Stage 3, you will make the right decision that will work for the company. Your internal team may include people from IT, finance, marketing, operations, and logistics – these are the people who will assure that your total solution works – and this solution is much more than just the commerce platform. It will include integrations with financial systems, marketing systems, change management, operations, warehouse management, supply chain management, inventory, fulfillment, hiring decisions, and personnel assignments. The entire project team, or at least a core group, will remain involved in vetting and choosing all of the components along the way. The commerce platform itself is just one piece of a larger organizational structure.The individual or sub-team responsible for the commerce system won’t have expertise in everything. The supply chain team will make critical decisions, and the finance group will be best equipped to make budget and capital decisions. Your IT team will determine how to manage all of the integrations. By bringing the right people to the table to make sure all stakeholders have given their input, everyone will feel that their needs were considered and that their voices were heard along the way. For the person or team in charge of e-commerce within your company, developing an RFP will require between three and six months. The next step will be to choose seven to ten vendors and solicit their responses. Even though you may have worked many months to develop your RFP, you’ll probably want your vendors to respond within a few weeks or a month. Then review their responses and reduce the number of candidates to three or four, to participate in deeper reviews, demonstrations, and pilot projects. You might make your selections based on pricing, time frames, feature sets, references, and track record. At the very end, you’ll want to find the best fit for your company, and determine whether the vendor with the right price and set of features matches your company‘s size and culture. No matter how you manage the vendor selection process, there will always be unexpected challenges, and it can be difficult to make decisions. You might find that you want to second-guess yourself, and this is natural, because you really want to maximize your money, and maximize what you’re doing for your company. After you make the final vendor selection, you’ll have to create a plan for how you’re going to get everything done in the time and money allotted, and move forward, working within the constraints. No matter which platform you choose, you’re going to have some constraints. You must be able to fully trust your platform vendor, system integrator, and your internal IT team. Always believe that you’ve made the right decision. Ultimately, Stage 3 is about making sure that Stage 4 is fully enabled and has everything needed to be implemented successfully. 30 Vendor Scoring Tips 45 100 Product Information management PIM As previously stated in this document, the collection, cleansing and maintenance of your data is the foundation of a successful B2B e-commerce website, so it follows that your PIM must be powerful and easy to use. Tip: skimp in other places and get the best PIM available to you. 31 68 80 90 36 SS cro ng i l l Se r wo co Reporting 24 Back-end reporting are often table stakes in the e-commerce game and that‘s because they‘re often taken for granted. A robust reporting system will ultimately make your life easier, so make sure to have your vendor walk you through all the bells and whistles. The consumerization of B2B e-commerce is an overused term at this point, but that doesn‘t make it any less important. Our e-commerce clients often tell of the lift in AOV once they implement B2C features such as cross sell / upsell and ratings and reviews. B2B sites often use only purchase orders and invoices, but the ability to obtain faster fund collection is driving the payment gateways for B2B sites. Tip: Why not give B2B customers the ability to pay online and see what the uptake is? a ll k flo bo w t io ra n The ability to create and approve orders based on role is truly a unique B2B feature and is often overlooked, primarily because most small to medium sized firms don‘t require it, but once you start selling to the Fortune 1,000, you‘ll quickly realize that you‘ll want to have this in place. Search navigation The ability to quickly find items is always a top user experience necessity and is usually driven by how well you‘ve attributed your products and created the taxonomy through which your customer will navigate. Make sure your e-commerce platform can handle not just the attributes and navigation system, but enable you to easily change it based on users‘ needs. 32 order management TOOLS An order management system (OMS) is often a separate utility that may only be needed by the most sophisticated sites - basically enabling orders to be routed to the most efficient shipping location but this capability will be crucial as you grow your fulfillment and drop ship network. 33 proven track PERSONALIZATION The ability to target customers based on past purchases or behaviors is key when trying to segment your user base and use A/B tests to find out how customers respond to different offers. If you‘re not doing this at launch, you‘ll be looking for this capability shortly thereafter. RECORD The ability to give your merchandising team access to easy-to-use back-end tools to change the products on your site is one of the most basic features - make sure your merchandising team is in the room when the vendor demos this. If you‘re planning on being in the B2B e-commerce business for the long-haul, then you better make sure your partner is as well - not only looking at how long they have been in business is important, but also if their revenues are growing and they are making money (or bringing in investment dollars). Ref·er·ences Noun; plural Line breaks: ref¦er|ence Pronunciation: Personal references are invaluable during the evaluation phase - of course vendors will give you references they feel will give a positive review, but asking pointed questions about your concerns will either allay your concerns or make it apparent where to dig more. 34 Stage 4: Build Out and Launch The key to this stage is the skill level and experience of the internal IT organization, design firm, and/or system integration partner. It’s common at this point to complete a scoping exercise to determine the features and functionality that can go live in Phase 1. While the RFP contains all the features that are ultimately wanted, a subset may need to be prioritized and implemented first, to meet time and budget constraints. Design, Wireframe, and Coding Website design includes creating the wireframe, data elements, and user experience desired from the commerce platform, balanced against your company’s culture, brand and logo standards, and other internal requirements. One of the more critical steps in the definition a website is for marketing and business users to collaborate on the visual design of the site and its branding. Optionally, a UI/design agency can assist with this part of the project. This process often includes the following steps: Site Map: Overall page structure of the website Wireframes: Structure and templates of all pages Personalization: How the website changes based on profile attributes of the user Navigation: The flow of the website and how customers access your products Visual elements, including colors, fonts, logos, images, etc. (and CSS) N FEASIBILITY 35 FOUNDATION EXPLORATION ENGINEERING DEPLOYMENT SUPPORT & OPERATIONS It is critically important for the developers to have a solid understanding of the website‘s inputs and outputs in order for them to fulfill all specifications. creating a completed user interface Generally consists of the following steps: 1 2 Website wireframe HTML Prototype 3 Visual elements The website wireframe, page schematic, or screen blueprint is a visual guide that represents the skeletal framework of a website. Wireframes are created for the purpose of arranging elements to best accomplish a particular purpose. The wireframe depicts the page layout or arrangement of the website’s content, including interface elements and navigational systems, and how they work together. The wireframe usually lacks typographic style, color, or graphics, since the main focus lies in functionality, behavior, and priority of content. It focuses on what a Web page does, not what it looks like. Wireframes can be pencil drawings or sketches on a whiteboard, or they can be produced by means of a broad array of free or commercial software applications. 37 4 JavaServer Pages Development Wireframes are generally created by business analysts, user experience designers, developers, visual designers, and other roles with expertise in interaction design, information architecture and user research. Wireframes focus on: ...the rules for displaying certain kinds of information ...the relative priorities of the information and functions WEBSITE wireframe Visual elements The Wireframe also connects the underlying conceptual structure, or information architecture, to the visual design of the website. Wireframes establish functionality, and the relationships between different screen templates. Creating wireframes is an iterative process, and an effective way to make rapid prototypes of pages, while measuring the practicality of a design concept. Visual design takes the complete wireframes to the next step by adding elements of color, font, style, and icons to provide the visual elaboration of what the website will look like. This typically includes the use of Cascading Style Sheets (CSS) which are essentially a repository of standards (fonts, colors, etc.) that are used across the website. HTML prototype JSP DEvelopment The HTML Prototype takes this as input and creates a “clickable UI” that can be displayed/ demoed to the business users and provide a close representation of what the website will look like. Since the website has not been built yet (just the front end UI), customer, product, and other integration data is not yet available, but the HTML prototype does give the business a good representation of what the website will look like and how the functionality will be displayed. Web developers commonly use HTML to build a website. Once this is complete, it is no longer a simple task to make changes to the look and feel of the page originally provided in the HTML file. That is because these elements are now intertwined with the logic necessary to render the pages dynamically. This is important to understand, because making changes at this point can extend the duration and cost of the project. ...the effect of different scenarios on the display ...the kinds of information displayed ...the range of functions available Following the guidelines above can help minimize changes later in the project, and help keep the project on time and within budget. 38 insight from the front lines: an e-commerce Site iS a giant magnifYing glaSS focuSed on Your data Before you write even one line of code, you have to make sure your data is 100% correct. You must know how your integrations are going to work, because if you magnify a few small 39 problems in a data set across a million products or SKUs, you may find yourself in trouble. If your integrations aren’t 100% correct, you’ll be setting yourself up to fail. 98% correct can result in 100% failure... “Quick and dirty” fixes are essential to drive velocity Errors tend to hide other errors Simple errors can block multi-day test scenarios for a project, or disrupt a business process within operations stage 5: ongoing maintenance, SuPPort & oPerationS / PhaSe 2 This stage follows the deployment of the application and the handover from the project team to the support and operations teams. While your hosting company may provide first level support if a server goes down, it’s wise to assemble a team dedicated to ongoing support and development of the site (including Phase 2 and beyond requirements). the suPPort team will need to manage a wide range of requirements: Changes in fulfillment or 3PL partners Mobile application development Feature/functionality enhancements International expansion: multi-currency, multi-lingual Ongoing bug fixes Payment processing Data and partner integrations Integrating new touch points/omni-channel management Page speed and load time optimization 41 Application and server monitoring Web analytics integration Search Engine Optimization (SEO) 42 the actiVities that take Place during Phase 2 include: the main oBJectiVes of the suPPort & oPerations Phase are: Ensuring the availability of the application as agreed upon in the Service Level Agreements (SLAs) between the end customer and application support team / operations and hosting team Patching and maintaining the system Maintaining system configuration and maintenance documents Reporting on encountered malfunctions and their resolutions Maintain communication with hosting team 43 Monitoring user satisfaction, traffic, data volumes, and system performance to assure fast, proactive resolution of unexpected issues Establishing proper levels of user and system support to resolve any issues related to the commerce platform Maintaining all parts of the platform, including applying patches, verifying optimal configurations, and making sure that the system can handle steep traffic increases following planned campaigns Making continuous improvements, new features, and new releases. Assuring that there is a clear process for implementing change requests, installing new releases, and resizing the solution to accommodate predictable traffic spikes Updating system documentation functionality, configuration, use cases, and environmental factors change. Communicating all new policies and job descriptions as they evolve. 44 Decision Point: Internal or External Support? INSIGHT FROM THE FRONT LINES: HOW TO SUPPORT One of the steps often missed in planning an e-commerce strategy is how to support it after it’s live. MAKE A decision Don’t wait until the site is in development or has gone live before making this critical decision. Plan Stage 5 long before you begin Stage 5 SUPPORT TEAM Ideally, you should identify your ongoing support team, whether internal or external - and have them working with you during the development stages. There are a number of considerations and tradeoffs involved in the decision to support your e-commerce site in-house or through an outsourced partner. These include: Cost/Expertise: The cost of an outsourced firm is likely to be higher than in-house, but an external firm will likely have more resources available when you need to scale up development, or have a tricky coding problem to solve. Dedicated Resources: Will your in-house team be dedicated to your e-commerce business, or are they shared across the business? Control: How much control do you have over an outsourced team – are they in your time zone and do they have a full-time, expert project manager on their side? 46 rank them as follows: insight from the front lines: ScoPing out Your commerce Solution Think about scope early in the process. It’s easy to try to document every piece of functionality you want from your new B2B website – and invest many weeks documenting them. Then, when the scoping and budgeting discussion comes, spend more time prioritizing them. must have for launch We suggest prioritizing up front. This saves time and avoids management confusion at inopportune times. Create buckets that work for your business, and fully document those that will go live at launch time. launch important but can wait for Phase 2 47 nice to have to launch guidance from forreSter According to a report from Forrester Research, Inc., B2B eBusiness professionals are looking at alternatives to point solutions and niche vendors. Players today offer “integrated technology stacks, feature-rich APIs, and end-to-end e-commerce capabilities aimed at serving diverse customer segments both browsing and buying across multiple touchpoints,” Forrester wrote. section two Commerce Platform Decision Resources B2B platforms are being increasingly used to manage strategic challenges, Forrester says, and managers are relying more on commerce platform vendors as strategic partners to be more involved with managing their B2B relationships with both online and offline customers. A solution from hybris is evaluated in the report, with hybris positioned as a leader. the forrester waVe B2B commerce suites online and moBile are transforming B2B commerce In this report, available through hybris, Forrester Research looks at how manufacturers, distributors and other B2B firms are working to better serve their sales channels through digital experiences and by developing new business models to support complex selling relationships with distributors, resellers, partner networks, employees, retail stores, and end consumers. eBusiness professionals are making significant investments in next-generation B2B commerce technologies to enable these transformations, and unraveling the vendor landscape remains a challenge. This useful document includes the findings of a commissioned study conducted by Forrester Consulting on B2B Commerce. Over 700 B2B companies were surveyed, of which 353 companies sell direct to businesses online. Key findings were that online and mobile are transforming B2B commerce and that businesses have to act fast to not fall behind. 50 VENDOR COMPARISON TOOL VENDOR COMPARISON TOOL PIM (Product Information Management) REPORTING HYBRIS VENDOR 2 VENDOR 3 A seamless cross-channel experience is impossible without the right master data management (MDM). It is only logical that a consistent experience across channels requires a single centralized view of product and customer data. hybris Product Content Management (PCM) delivers consolidation and centralized management of product information and attributes across all channels. See more info at www.hybris.com/pcm Unimportant 51 Of little importance Moderately important Important Very important HYBRIS VENDOR 2 VENDOR 3 You can’t manage what you can’t measure. The sheer mass of available data makes it time-consuming and cumbersome to filter out the “noise” and focus on the relevant information. Even with the right data – which can be different for different roles – it can be difficult to analyze and draw the right conclusions. The hybris Reporting Module enables you to create sophisticated reports and deliver results to the right people in the right formats to track key technical and business metrics. See more details at www.hybris.com/modules/reporting Unimportant Of little importance Moderately important Important Very important 52 VENDOR COMPARISON TOOL VENDOR COMPARISON TOOL CROSS SELLING PAYMENT HYBRIS VENDOR 2 VENDOR 3 Of little importance Moderately important Important Very important Unimportant 53 VENDOR 3 VENDOR 2 When customers are ready to pay, the sale is all but made. Except you still need to process their payment, and if you don’t make it easy to pay with the method of their choice, they won’t come back – and you might even lose the sale you were about to close. The hybris Payment Module provides a standard interface for easily integrating external payment service providers (PSPs) into the hybris system. More info at www.hybris.com/modules/payment Highly profitable commerce sites don’t just help customers find what they are looking for. They help them find what they aren’t looking for – but still want and will buy. The hybris Cross-Selling Module enables you to manually define cross-selling or up-selling rules to deliver product recommendations to boost sales. See more info at www.hybris.com/modules/ cross-selling Unimportant HYBRIS Of little importance Moderately important Important Very important 54 VENDOR COMPARISON TOOL VENDOR COMPARISON TOOL Workflow Collaboration SEARCH AND NAVIGATION HYBRIS VENDOR 3 VENDOR 2 55 Of little importance VENDOR 2 VENDOR 3 The hybris Search and Navigation Module delivers the capabilities that convert browsers into buyers. This includes faceted navigation, free-text search as well as many other features that optimize the end-user search experience - leading to increased sales. You can find more details here: www.hybris.com/downloads/ productcollateral/search-and-navigation-module/227 Processes aren’t inherently efficient. Confusing tasks and unproductive teamwork lead to longer execution times and lower consistency and quality. The hybris Workflow and Collaboration Module enables you to easily define, monitor, and manage workflows and tasks – even complex and parallel workflows. Find more details at www.hybris.com/modules/ workflow-and-collaboration Unimportant HYBRIS Moderately important Important Very important Unimportant Of little importance Moderately important Important Very important 56 VENDOR COMPARISON TOOL VENDOR COMPARISON TOOL Order Management Tools Advanced Personalization HYBRIS VENDOR 3 VENDOR 2 57 Of little importance VENDOR 2 VENDOR 3 Personalization enables you to target content to customers based on who they are. Advanced personalization enables you to target them based on what they do. This behavior-based approach provides you with a whole new level of personalization that can dramatically boost sales and customer loyalty. See more info at this link: www.hybris.com/modules/ advanced-personalization hybris Order Management helps you increase profitability through centralized order orchestration. Your customers interact with your brand on numerous touch points, be it their PC, their mobile or the point of sale in your store. They expect a seamless and highly interactive shopping experience. More details are available at www.hybris.com/products/ order-orchestration Unimportant HYBRIS Moderately important Important Very important Unimportant Of little importance Moderately important Important Very important 58 VENDOR COMPARISON TOOL VENDOR COMPARISON TOOL Back-end Merchandising Partnerships/ Proven TrackRecord HYBRIS VENDOR 3 VENDOR 2 The hybris B2B commerce platform includes state-of-the-art merchandising functionality. It also allows companies to monitor buyer behavior, personalize product offerings, and optimize the entire B2B shopping experience. Successful manufacturers, distributors and leading brands worldwide use the hybris commerce platform to increase conversion rates and drive revenue, for an unparalleled return on their commerce investments. Unimportant Of little importance HYBRIS VENDOR 3 hybris solutions are often designed, planned, implemented, and supported by an elite group of partners worldwide, each with considerable experience on the hybris platform, through their own proven track record of hybris projects and by gaining the appropriate knowledge and earning hybris certifications. Every certified hybris partner has a significant number of certified resources to support a wide range of industries and diverse B2B customers around the globe. Moderately important Important Very important Unimportant 59 VENDOR 2 Of little importance Moderately important Important Very important 60 VENDOR COMPARISON TOOL VENDOR COMPARISON TOOL References CONCLUSION HYBRIS Unimportant 61 VENDOR 3 VENDOR 2 Of little importance Moderately important Important HYBRIS VENDOR 2 VENDOR 3 Very important 62 hybris B2B Accelerator hybris offers a state-of-the-art deployment accelerator – essentially a pre-built B2B e-commerce store ready to activate the functionality you need, and rapidly input your product content and information. Get online faster with the hybris B2B Commerce Accelerator – a production-ready, customizable, multi-channel framework designed for business-to-business trading. Rapidly deploy and manage multiple B2B sites on a single platform. Use existing catalogs, content, and infrastructure to create custom sites and catalogs. Develop and manage content with a built-in, intuitive Web-based product content management system that includes effective workflow management. Support complex product catalogs, pricing logic, and user/role management. Easily manage sites with multiple languages, currencies, brands, taxes, and other regional requirements. Centralize order management capabilities to enable efficient omni-channel fulfillment. Maximize SEO rankings with out-of-the box tooling. Deploy hybris B2B commerce in the way that best fits your needs – either on-premise, hosted by hybris, or on-demand in the cloud. Support all channels – Web, mobile, and offline vehicles, such as print catalogs. Enrich your product descriptions with high-resolution images and videos, managed by built-in digital asset management (DAM). Consolidate and manage all product content and attributes across all channels via native integration with hybris’ award-winning master data management and product content management solution (hybris PCM). hybris White Papers and Solutions Briefs HYBRIS B2B COMMERCE This document describes how hybris B2B Commerce tames complexity by consolidating management of multiple business models, channels, and markets. It shows how B2B organizations can accommodate a variety of suppliers, distributors, and stores on a single platform, while automating sales administration, and maintaining the operational efficiency required to drive customer satisfaction and, ultimately, profits. IMPLEMENT FASTER. SELL MORE. GROW. In this solutions guide, you’ll read why the days of bulky spreadsheets and rigid enterprise systems for pricing, quoting, and selling products are passé, and that none of those systems provide intuitive online selling tools or support for complex B2B Multichannel Commerce. It also discusses how B2B customers are increasingly demanding that their vendors deliver a B2C-class user experience across channels, and why modern B2B Multichannel Commerce solutions are essential. BUILDING AN ROI TO EVALUATE YOUR B2B E-COMMERCE INITIATIVE This white paper provides a framework for building an ROI model that can be used to demonstrate the advantages of a new e-commerce implementation to senior executives and board members. STATE OF B2B E-COMMERCE This thought leadership guide offers insights into the preferences of today’s procurement professionals or business professionals who buy products on behalf of their company. It offers strategic guidance on the required commerce technology capabilities and potential operations improvements that emerge from these insights. E-COMMERCE CHALLENGES FACING THE WHOLESALE INDUSTRY This paper discusses the most common challenges that wholesalers face when leveraging modern e-commerce technologies to accelerate sales growth. It also provides suggestions to help make the transition to an effective business model that adequately supports traditional, online, and mobile commerce operations. THE CONSUMERIZATION OF THE B2B CHANNEL Driven by a range of customer, cost, and market factors, the „Consumerization Effect“ is already taking place in B2B channels. This paper evaluates the opportunities that this evolution offers to all B2B organizations, including the following: 1 2 3 65 Reducing costs by streamlining business operations Increasing customer satisfaction by delivering omni-channel convenience Managing the complexity of B2B transactions 66 KEY QUESTIONS TO INCLUDE IN AN E-COMMERCE PLATFORM RFP This paper describes how a comprehensive RFP that thoroughly covers all the critical points can assist companies in reducing costs and producing better ROI, faster. If an RFP helps a management team reach a final decision in 12 weeks rather than 16 weeks, an additional month of revenue may be added to the bottom line from the e-commerce channel. This could translate into hundreds of thousands of additional revenue dollars. And a well-crafted RFP can ensure that a company doesn’t pay a premium for features it won’t need in the foreseeable future. 67 HYBRIS PROJECT BEST PRACTICES GUIDE This extensive document provides hybris customers with a summary of e-commerce project best practices collected by the hybris team responsible for project delivery. It presents a set of activities that an implementation team should consider during a hybris commerce project implementation. This includes discussions of development methodology, team structures, and communication style; guidelines for building a project approach, staffing model and timeline to match specific requirements; plus answers to many architectural, design and technical questions. To download these white papers and solution briefs please visit www.hybris.com/downloads hybris serves over 500 customers, including some of the most recognized companies in the world (global B2B brands as well as consumer brands). We are by far the fastest-growing major commerce platform company – our compound annual growth rate since 2009 is 83%. 83% B2B CASE Study ReFERENCE CUSTOMERS REXEL hybris’ B2B case study on Rexel illustrates how they were able to increase average order value and help customers via a self-service portal. Rexel, a global leader in the distribution of electrical supplies and services, serves three main end markets: industrial, commercial, and residential. Newey and Eyre is the UK’s leading distributor of quality electrical and safety products, operating under Rexel UK Limited. The company is renowned for its highly personalized counter service. Newey and Eyre recognized a need to offer an effective alternative to traditional, in-branch trading. A multi-channel B2B e-commerce platform would allow customers to order supplies from its massive product range outside normal working hours, meaning they could spend less time traveling to their local branch, and more time on the job. 69 The company chose to develop a groundbreaking, functionally-rich ‘one stop shop’ that that would provide the electrical wholesale market with a Web channel that offered best-of-breed search and navigation, with the same Web capabilities offered to general consumers in the retail sector. Flexibility, scalability, and easy integration with existing workflows and systems were the key criteria behind the selection of hybris Commerce as the platform at the heart of Newey and Eyre’s new ‘one stop shop.’ It offered out-of-the-box functionality that met the needs of the business, including the ability to support searchandising, SEO visibility and usability. The fact that hybris could offer a combined e-commerce and product content management (PCM) platform was considered vital for the long-term management of product data. Newey and Eyre worked with a hybris partner that specialized in e-commerce consultancy and systems integration for the implementation. After four months, the new platform launched, offering customers the first truly multi-channel B2B experience in the electrical wholesale market. Read more details at: www.hybris.com/downloads/ case-study/rexel/009 1 million products; 3,000 suppliers; 2 million customers; 500,000 orders / day; $2B online sales World’s largest tire company uses hybris to support 2,000 dealers for commerce & MDM, B2B & B2B2C System of record for product content 20,000 daily users and 300 editors 200 private label e-Shops Multi-catalog, complex pricing. Major version upgrade: 15 Days. World´s # 3 food service provider, # 2 uniform supplier with $13B in worldwide sales. Uses hybris to enable 100k customers, 5 languages, 4 currencies, 30M price rows 70 ABOUT HYBRIS hybris is the fastest-growing major commerce platform company with a compound annual growth rate since 2009 of ~83%. hybris software, an SAP Company, helps businesses around the globe sell more goods, services and digital content through every touchpoint, channel and device. hybris delivers OmniCommerce™: state-of-the-art master data management for commerce and unified commerce processes that give a business a single view of its customers, products and orders, and its customers a single view of the business. hybris‘ omni-channel software is built on a single platform, based on open standards, that is agile to support limitless innovation, efficient to drive the best TCO, and scalable and extensible to be the last commerce platform companies will ever need. The top industry 71 research firm evaluating B2B commerce platforms lists hybris as “leader”. The same software is available on-premise, on-demand, and managed hosted, giving merchants of all sizes maximum flexibility. Over 700 companies have chosen hybris, including global B2B leaders W.W.Grainger, Rexel, General Electric, Thomson Reuters, Dupont, Stanley Black & Decker, Airgas, Aramark, Doosan/Bobcat and 3M. hybris is the future of commerce™. FOR MORE INFORMATION, VISIT www.hybris.com 72 hybris Software Milestones 1997 Founded in 1997 with a simple mission of creating superbly engineered commerce solutions. Over the years, what that means has evolved – multichannel, open standards, high performance, data centricity, customer centricity – and our company and products have adapted. But our mission has remained the same. We are, above all, a great commerce technology company. Since 1997, hybris Professional Services has been working with customers and partners to design and implement solutions based on hybris technology. 2013 SAP acquired hybris in August, 2013 as an investment in the future of commerce and customer engagement, to enable businesses to deliver relevant, contextual, and consistent experiences for customers across all their digitally-enabled interactions. As much as we are a company built on better technology, we are also a company built on a philosophy of partners and a culture of innovation. TODAY hybris now serves over 500 customers, including some of the most recognized companies in the world (global B2B brands as well as consumer brands). From the beginning, we have relied on solutions partners with a deep knowledge of their industry specialties and who are very close to our customers to lead most implementations. We can now count among our 200+ partners some of the most widely respected names in the industry, around the globe. hybris software distinctions hybris encourages competitive research – in fact, when possible, we’ll provide you with third party research reports (Forrester, Gartner, etc.), our customer references, and a score card to help make a final, objective decision on who will be your trusted partner and e-commerce platform supplier. Some distinctions that hybris is most proud of: 1 75 2 3 Rated as a leader… SAP acquired hybris… the hybris success story: …in major analysts’ e-commerce platform reports. … in 2013, making it an even stronger competitor in the marketplace. hybris has implemented scores of B2B e-commerce sites in the US and across the globe, and has one of the industry’s largest lists of successful enterprise B2B customers. NOTES 77 NOTES 78 NOTES Disclaimer The content of this hybris customer resource guide is highly confidential, and the conditions of the confidentiality agreement strictly apply. This guide is for informational purposes only and must not be disclosed to anyone and/or forwarded or copied in any way or form. This document and the information contained in this guide may be subject to change, updates, revisions, verifications, and further amendments by hybris at any time, without notice. While the information contained in this guide has been prepared in good faith, neither hybris nor its shareholders, directors, officers, agents, employees, or advisers give, has given, or has authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this paper, or any revisions thereof, (all such information being referred to as “information”) and liability therefore is expressly 79 disclaimed. Accordingly, neither hybris nor any of its shareholders, directors, officers, agents, employees, or advisers take any responsibility for, or will accept any liability whether direct, express or implied, contractual, tortious, statutory or otherwise, in respect of the accuracy or completeness of the information or for any of the opinions contained in it, or for any errors, omissions or misstatements or for any loss, howsoever arising from the use of this guide. In furnishing this guide, each of hybris and its advisers does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this guide or to correct any inaccuracies in it, or omissions from, this guide which may become apparent. Contact hybris: www.hybris.com | [email protected] 80 hybris (U.S.) Corp. 20 North Wacker Drive 29th Floor Chicago, IL, 60606 T +1 312 265 5010 www.hybris.com © 2013 hybris GmbH. All rights reserved.
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