69 min listen
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)
Acquisitions, Acquisitions Everywhere: Brian and Phillip talk about merger and acquisition activity in the digital commerce space and how it will affect the future of digital commerce. by Future Commerce Podcast: eCommerce, DTC and Retail Strategy