E-commerce is the activity of buying or selling of products or services via online. E-commerce is getting popular day by day and most of the business organizations and brands use e-commerce websites now and millions of transactions take place in it every day. Even people all around the world prefer to buy goods/services online these days because of the convenience e-commerce provides.
E-commerce in MLM business
Since Multi-Level Marketing or MLM is mainly involved with sales of products/services, the use of e-commerce platform in the MLM business becomes inevitable. The traditional way of selling involved with meeting customers directly and convincing them to buy your products/services. It will consume time and money while you will have to put in a lot of effort as well. Now it’s time to move on from the traditional system and start using an e-commerce platform in your MLM business.
Using an e-commerce website integrated into your MLM software will give you numerous benefits while it can make a huge impact on your business as well. It can ease all the business operations and also helps to increase sales and profitability. Different trade activities like product purchase, product shipping, product management, etc, can be done safely and easily with an e-commerce platform. Also, it helps your company products to get a global reach so that people all around the world will get to know about your products and buy them. The most popular and widely used e-commerce platforms are Opencart, Magento, and Woo-commerce.
OpenCart is a free shopping cart system for online vendors. It is open-source and of a PHP-based system. Various functions like handling your online store, add/manage products, sell products, process orders, manage product shipping, etc, can be done in Opencart. It provides great security and numerous features which make the buying/selling easy.
Magento is another popular open-source e-commerce platform. Thousands of retailers and brands use Magento currently. It offers a flexible shopping cart system with a customization option. Some features of Magento include product management, inventory management, order management, better search option, marketing tools and international support.
WooCommerce is a widely used open-source e-commerce platform built on WordPress. This free plugin is designed for small to large-sized online vendors using a WordPress website. It’s very easy to set up and integrate your e-commerce store in WooCommerce. WooCommerce also supports all the major payment gateways and multiple currencies as well as a customizable option.
Benefits of using E-commerce in MLM software
- The best combination
E-commerce in MLM software is surely the best combination in MLM businesses. This combination is in high demand as most of the MLM companies use e-commerce platform for different functions it provides such as product registration, product orders, product purchase, manage product delivery & shipping, etc.
Another good thing about E-commerce is that it is flexible and customizable when integrating it with MLM software. You can change the website design, add modules/extensions, edit templates, manage payment gateways, etc, to make it suit your requirements and needs.
- Security & Scalability
E-commerce integration in a good MLM software offers better security. All the transactions that take place in the e-commerce website will be secure and it is designed to withstand any cyber-threats or hacks. Also, e-commerce will be scalable as it will help MLM businesses that are on any level, even if it’s a startup or an ongoing business.
- Business growth
E-commerce in MLM software will help your products get wide and international reach. Thus, it will lead to expanding your network. This will result in increased promotion and sales with business growth.
A good MLM software with the integration of your e-commerce website will provide various reports on income, referrals, and other activities. With these reports, you will be able to analyze and handle things more easily and effectively in your MLM business.
Hybrid MLM’s E-commerce software
The e-commerce in Hybrid MLM software provides you the option to integrate an internal shopping cart system or any other open-source shopping carts like OpenCart, Magento, WooCommerce, etc. It performs all the trade-related transactions in the shortest possible time and with ease. Hybrid MLM’s e-commerce module can efficiently handle all kinds of transactions which take place in an online business. It is also highly flexible and it comes with lots of other amazing features including; multi-currency, product & manufacturers category, different payment gateways, effective reporting system, all on a user-friendly dashboard.