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Decoded: The Vertical Limit: Commodity vs Complexity

Decoded: The Vertical Limit: Commodity vs Complexity

FromFuture Commerce Podcast: eCommerce, DTC and Retail Strategy


Decoded: The Vertical Limit: Commodity vs Complexity

FromFuture Commerce Podcast: eCommerce, DTC and Retail Strategy

ratings:
Length:
27 minutes
Released:
Jun 15, 2022
Format:
Podcast episode

Description

High Complexity, Low CommodityOnline experiences have become more commoditized over time; low and no-code platforms have displaced the need for a “developer,” and instead require feature configurations and tweaksSoftware development thrives where experiences have high complexity. High complexity often means that there are no de facto “standards” or best practices that need to be employed. This requires developers to build, test, refine, and iterate. This is the best-case scenario for a developer in eCommerce.eCommerce platforms have become increasingly prescriptive in UI and UX as customers have become “used to” certain purchasing patternsEcommerce needs to become more complex in certain industry verticals. Specific sectors such as automotive, food, furniture, manufacturing, and pharmaceuticals all have sophisticated requirements, complicated purchase paths, long consideration times, unique regulatory requirements, or other challenges that make them a poor fit for off-the-shelf software, but a great fit for developer innovation.A shopper’s identity in high-commodity environments is tied to the retailer. You’re not a grocery shopper, you’re a Walmart shopper or a Target shopper. However, in high-complexity environments, the identity of the shopper is found in the brand of the product itself. You’re not a car driver, you’re a Tesla driver.Associated Links:Learn more about Boris Lokschin and SprykerCheck out Excite 2022, Spryker’s eCommerce Conference in June
Released:
Jun 15, 2022
Format:
Podcast episode

Titles in the series (100)

Are you looking for eCommerce insights, strategy, or operational advice for your eCommerce business? Future Commerce is the leading podcast for founders and operators alike who aren't looking for the next conversion rate optimization tip or how to execute a playbook. It's for those who yearn for something deeper than CRO and PPC. Each week our hosts Phillip Jackson and Brian Lange ask hard questions to founders and executives at successful brands and how they turned their 'making money online' approach into a thriving business. Weekly essays, blogs, show notes, full transcripts, and quarterly market research reports are available at https://futurecommerce.fm