MAY 28, 2012 – TORONTO, ON – OrderDynamics™, Canada's leading on-demand commerce platform provider, today announced that Inova, Mexico’s leading direct response retailer of lifestyle and fitness accessories, has selected OrderDynamics to re-launch their global online storefront.
In order to meet their long-term growth goals and international expansion plans, Inova needed a scalable eCommerce platform with sophisticated cross-sell and merchandising capabilities to increase sales – something that was lacking from their legacy eCommerce solution. In addition to improving online marketing capabilities and creating a more user friendly shopping experience, Inova required an eCommerce platform that offered multiple payment gateways, back office integration, and a technology partner with proven experience helping global retail brands grow. OrderDynamics on-demand eCommerce delivery also provided a cost-effective model for Inova to scale its growth while benefiting from ongoing product updates at no additional cost.
“We selected OrderDynamics because of their partnership approach, sound eCommerce knowledge, and proven expertise in launching complex eCommerce projects,” said Juan Esteban Belich, Internet Business Development & eCommerce Manager at Inova. “The OrderDynamics eCommerce platform features a powerful merchandising engine that will help grow our worldwide sales and improve the efficiency of our business by synchronizing various back office tools,” Mr. Belich said.
“OrderDynamics has proven experience in helping Clients achieve rapid growth in short periods of time. Our multi-eStore platform will allow Inova to manage all their B2C and B2B needs from one dashboard with control over frontend presentation and backend operations,” said Michael Benadiba, CEO of OrderDynamics. “OrderDynamics is proud to be selected as Inova’s global eCommerce platform,” Mr. Benadiba added.
Showing posts with label Payment Gateway. Show all posts
Showing posts with label Payment Gateway. Show all posts
An Integrated Order Management System (OMS) Key to Avoiding Lost Revenue When Payment Brands Go Down (Paypal, Authorize.NET recently)
With 2 major payment providers having issues in the past 4 weeks to the day (Authorize.NET July 3rd 2009 and PayPal August 3rd 2009), many online retailers and merchants that rely on these systems were effectively out of business, unable to take orders, and losing revenue.
Although failures like this are considered unacceptable to businesses and executives, there are ways retailers can avoid being impacted by these types of failures. The solution rests in the capabilities of the eCommerce platform and its Order Management System (OMS).
Order Management Systems (OMS) provide software to facilitate the capturing and processing of eCommerce orders. When this system is part of your overall eCommerce platform (same eCommerce vendor platform driving the frontend presentation and backend OMS) you get a very robust and flexible foundation to power almost all online retailing needs. For example, eMail Marketing, Customer Relationship Management (CRM), Fulfillment and Inventory Control, and Advanced Merchandising Rules. This type of "end-to-end" solution helps retailers drive more value from their eCommerce investment by reducing complexities, manual tasks, and less systems / vendors to manage. Obviously, we believe an on-demand or SaaS eCommerce platform is the way of the future for most retailers vs. purchasing and customizing software.
In addition, most platform providers (with an integrated backend OMS) will automatically capture order information prior to posting to the payment provider. This allows for steps to occur before fulfillment like address validation and correction, fraud detection, pre-authorization, etc. This also takes care of two critical problems if payment providers fail. 1. The user is oblivious and can place their order on your website 2. Retailers can quickly and easily resume order processing once the gateway has returned to normal.
As is the case with PayPal and Google Checkout, the shopper has to leave the merchant's website in order to complete their purchase - something not required for other alternative payment brands or traditional gateways like Authorize.NET. However, the eCommerce platform should fully capture the order first and provide logic that informs the user of a payment gateway problem then invite them to use an alternative method or be notified once the gateway has returned.
OrderDynamics takes this a step further and automatically creates a Customer Service Case (ticket) for all abandoned PayPal or Google Checkout orders so retailers can proactively follow-up with these shoppers and convert the sale. This process can be tailored to include an email back to the shopper after X hours inviting them to come back and complete their purchase with a coupon or other incentives.
So when you're evaluating a new eCommerce platform provider it is important to look deeper than the frontend design or "flashy websites" and get into the details of how the platform technology itself will enable a robust, scalable, and cost effective environment for years to come.
See related post: Authorize.NET Outage Does Gateway Downtime Equal eCommerce Disaster?
Learn more about: OrderDynamics On-Demand eCommerce Platform
Although failures like this are considered unacceptable to businesses and executives, there are ways retailers can avoid being impacted by these types of failures. The solution rests in the capabilities of the eCommerce platform and its Order Management System (OMS).
Order Management Systems (OMS) provide software to facilitate the capturing and processing of eCommerce orders. When this system is part of your overall eCommerce platform (same eCommerce vendor platform driving the frontend presentation and backend OMS) you get a very robust and flexible foundation to power almost all online retailing needs. For example, eMail Marketing, Customer Relationship Management (CRM), Fulfillment and Inventory Control, and Advanced Merchandising Rules. This type of "end-to-end" solution helps retailers drive more value from their eCommerce investment by reducing complexities, manual tasks, and less systems / vendors to manage. Obviously, we believe an on-demand or SaaS eCommerce platform is the way of the future for most retailers vs. purchasing and customizing software.
In addition, most platform providers (with an integrated backend OMS) will automatically capture order information prior to posting to the payment provider. This allows for steps to occur before fulfillment like address validation and correction, fraud detection, pre-authorization, etc. This also takes care of two critical problems if payment providers fail. 1. The user is oblivious and can place their order on your website 2. Retailers can quickly and easily resume order processing once the gateway has returned to normal.
As is the case with PayPal and Google Checkout, the shopper has to leave the merchant's website in order to complete their purchase - something not required for other alternative payment brands or traditional gateways like Authorize.NET. However, the eCommerce platform should fully capture the order first and provide logic that informs the user of a payment gateway problem then invite them to use an alternative method or be notified once the gateway has returned.
OrderDynamics takes this a step further and automatically creates a Customer Service Case (ticket) for all abandoned PayPal or Google Checkout orders so retailers can proactively follow-up with these shoppers and convert the sale. This process can be tailored to include an email back to the shopper after X hours inviting them to come back and complete their purchase with a coupon or other incentives.
So when you're evaluating a new eCommerce platform provider it is important to look deeper than the frontend design or "flashy websites" and get into the details of how the platform technology itself will enable a robust, scalable, and cost effective environment for years to come.
See related post: Authorize.NET Outage Does Gateway Downtime Equal eCommerce Disaster?
Learn more about: OrderDynamics On-Demand eCommerce Platform
Authorize.NET Outage | Does Gateway Downtime Equal eCommerce Disaster? Not for OrderDynamics
If you're one of the many online retailers that rely on Authorize.NET as their payment gateway - today may have been a very painful day. I say maybe because if you're one of the websites that cannot take new orders because of this outage - you may want to look into a new eCommerce platform. Some, more sophisticated eCommerce platforms, allow for orders to continue even if the payment gateway is totally down. OrderDynamics retailers have been able to accept orders on their websites even if Authorize.NET is their only payment gateway.
What appears to be the result of a datacenter fire in their Seattle facility (located at Fisher Plaza), Authorize.NET has been down for over 5 hours already on July 3rd 2009. Many are hoping the sales volumes will be lower due to the statutory holiday for tomorrow's July 4th celebration of Independence Day happening today, Friday.
With regular updates coming from their recent twitter account, Authorize.NET is taking responsibility and also claiming their backup datacenter also failed. *At time of writing, Authorize.NET's website was also down - most likely hosted in the same facility. Details are spare as the company is focusing on bringing up their systems.
"An event like today underscores the need for online retailers need to think about their Business Continuity and Disaster Recovery Plans and ensure their eCommerce platform provider can meet these requirements." Says Steven Berkovitz, On-Demand Platform Architect.
An important feature of the OrderDynamics on-demand eCommerce solution is its ability to still capture orders during a gateway failure, making them available for later processing. This allows shoppers to keep buying as normal. "Orders are still captured, shoppers get an order number and confirmation email, then when the gateway is alive, the system will process them automatically." explains Steven. "The last thing you want is to loose the order - this is the equivalent of closing your physical location instead of taking a credit card manually or cash."
"Another feature of our platform is the ability for OrderDynamics to dynamically route orders to different gateways or completely fail-over payment gateways if needed." Continues Steven. "Our platform is integrated with every major payment gateway and over 20 alternative payment brands; allowing for ultimate flexibility and reliability."
OrderDynamics also has redundant datacenters as part of its On-Demand eCommerce SaaS Platform and enhanced service plans that provide up to 99.9% service availability through a fully replicated Disaster Recovery plan to its secondary facility over 75kms away.
Be sure to follow the twitter feed for updates and if you'd like to learn more about how Payment Gateways are used, see this Informed Merchant Article.
