May 21, 2020
Technology
3
min read
Peter Lambrou
,
Sitecore Optimisation Consultant MVP Strategist
Sitecore XC leverages the Sitecore Experience Platform to improve marketing metrics, drive conversions and increase revenues. By using personalisation based on purchase history, browsing history etc. Sitecore Experience Commerce has the power to enhance the buying experience so that repeat business is generated and customers are converted into lifelong advocates.
Sitecore Experience Commerce is positioned by Sitecore as:
"An enterprise-grade commerce solution that delivers a personalised experience throughout the customer life-cycle."
Sitecore Experience Commerce is ideal for:
B2C retailers who wants to offer shoppers personalised customer experiences
Manufacturers with multiple brands looking to have a closer relationship with customers
B2B brands looking to start ecommerce operations and go direct to consumers
Sitecore XC 9 has powerful tools that are accessible through a dedicated Business Tools tile in the Launch Pad. These Business Tools harness eleven core features in Sitecore Experience Commerce:
Shops
Catalogue
Inventory
Shopping cart
Payment (allows custom / 3rd party payment and SDK integration)
Checkout
Fulfilment
Orders
Pricing
Entitlements
Promotions
Users can configure storefronts using seven dedicated Sitecore Experience Commerce tools - that work in real-time:
Merchandising
Inventory
Pricing
Promotions
Orders
Customers
Relationship Definitions
Merchandising
The Merchandising tool creates and manages Catalogues, Categories, and Sellable Items. Users can create any number of catalogues and categories that group products (sellable items) into various sub-categories within a catalogue. This Sitecore XC9 functionality makes sellable items easier to locate for customers, and easier to manage for shop owners.
Inventory
Experience Commerce has an inventory that organises sellable items and controls their availability for different channels. It also supports the allocation of sellable items between multiple inventory sets, allowing users to manage stock efficiently. For example, 50 sellable items can be allocated to Inventory A and 50 to Inventory B.
Dates and available quantities can also be set to sellable items, like pre-orders and back orders with limited buying quantities assigned to them - for example, only one pre-order per customer.
Pricing
Sitecore Experience Commerce allows users to create Price Books, Price Cards and Price Snapshots to manage pricing. Price Books are associated to catalogues and can contain one or more Price Cards, which contain the pricing strategies:
List Price (RRP)
Sell Price
Quantity Price (bulk)
Was/Is Price
Tier Price (applies discount on quantity bought)
Data-Based pricing (encourages the sale of a product during a given period of time)
Each Price Card contains a Price Snapshot, which holds the pricing strategy details defined to a Price Card at a specified date and time. Price Snapshot fluctuations link to sellable items' currencies, or to the purchased quantities.
Promotions
Promotions can be qualified using Date/time, Catalogue, Shop, or Customer order history. The flexibility of the Promotions Tool allows users to apply various elements to promotions, which include:
Promotion books: A collection of promotions applied to sellable items in multiple catalogues;
Promotions: One or more benefits applied to sellable items and orders;
Qualifications: Users can assign rules and apply them to a promotion. Multiple qualifications can be applied to a single promotion;
Benefits: Discounts such as free shipping and % off can be applied to products;
Public coupons: Generate public coupons for multi-use that anyone can use;
Private coupons: Unlike public coupons, private coupons are single use and allocated to a specific group of customers, or to individual customers.
Orders
Managing customer orders is essential to a successful shop. In Sitecore XC the Orders Tool (integrated with the Customer Tool) enables users to view Order Info, Order Summary, Payments, Fulfilments, Cart Sellable Items, and Return Merchandise Authorisation (RMA) details.
There are six statuses to orders:
All
Completed
Problem
Pending
Waiting for Availability
On-Hold
Only orders with the status 'Pending' or 'Problem' can be cancelled by a customer service agent.
Customer
Integrated with the Orders Tool, the Customer Tool stores all essential customer information, which includes:
Customer details
Every order the customer has placed
The status of every order
Any entitlements the customer has purchased
Only a customer service agent will have permissions to update and edit customer details, as well as track order status.
Relationship Definitions
Cross selling (recommendations of related or complimentary items) and up selling (recommendations of comparable higher-end products than the one in question) are essential in every retail environment.
Sitecore Experience Commerce 9 has a Relationships Definitions Tool that establishes relationships between sellable items using three pre-defined relationships for cross and up sells:
Predefined relationships for catalogues - from a catalogue to another catalogue or category;
Predefined relationships for categories - from a category to another category or sellable item;
Predefined relationships for sellable items - from a sellable item to another sellable item.
Sitecore Experience Commerce 9 has everything to create a secure, seamless, and personalised online shopping experience.
Working with Codehouse
We've achieved digital success for many customers spanning a variety of industries. Our Digital Experience team will work closely with you to build an understanding of your business and digital objectives Get in touch to find out more.