Over the previous few decades, the eCommerce sector has been steadily developing and evolving. These changes have accelerated with the events of 2020.
There are about 2.14 billion digital buyers worldwide in 2021 compared to 2.05 billion digital buyers in 2020. As the effects of the worldwide pandemic and subsequent changes in customer purchasing behaviour have played out, the need for eCommerce platforms has skyrocketed.
These needs have attracted new business owners while also redefining the game for existing firms. They are operating in a competitive environment with rising consumer demands. To maintain their online presence, successful businesses require appropriate platforms that match their vision.
If you’re new to eCommerce or looking for a new way to power your eCommerce platform, you might be exposed to many platform alternatives. One of the first considerations you’ll have to make is whether you want an open-source eCommerce platform or a SaaS platform.
Open source and SaaS are the two eCommerce platforms giants. However, both platforms have their pros and cons, and it is confusing to choose just the right eCommerce platform.
Indeed, it is the most crucial task, but you need to select the right one according to your requirements for your business’s success. Hence, we bring you a clear difference between Open Source and SaaS eCommerce platforms.
Atlas SoftWeb will assist you in deciding the right platform based on driving an in-depth analysis. We are a renowned eCommerce website development company in India. We have delivered many websites on both platforms.
Let’s start with understanding the meaning of both platforms.
What is an Open-Source eCommerce Platform?
Open source refers to software in which the user has full access to the software. This indicates that the platform can be adapted and customized to meet the demands of any business. Open-source eCommerce solutions are compelling and adaptable, but they are also incredibly complicated. Certified developers are best suited to handle them. It is frequently developed collaboratively, and there are communities formed around platform development related to specific functionalities.
However, to fully reap the perks of an open-source platform, you will need to hire experienced developers with expertise in eCommerce development. WooCommerce (a WordPress plugin), Open-Cart, nopCommerce, and Magento development services are some of the most successful open-source platforms.
What is a SaaS eCommerce Platform?
Software-as-a-Service (SaaS) is a different delivery framework in which software is licensed monthly. It is a third-party provider platform that is licensed to other businesses. With the SaaS platforms, you get all of the functionalities you need for your online store right away, and you don’t have to worry about hosting or maintenance. This enables businesses to get off to a fast start and begin marketing their products pretty quickly.
As per Statista, the SaaS market is expected to be worth around 123 billion US dollars in 2021. Therefore, SaaS platforms are an excellent choice for eCommerce store owners who do not wish to spend time and resources on restoration.
SaaS platforms don’t give access to their source code and depend on the software provider to make available the required tools and characteristics to assist your website. BigCommerce, Squarespace, and Shopify experts are the best choices for SaaS platforms.
We have web developers who are pro on both platforms and can make your dream website a virtual reality. Our eCommerce solutions and strategies vary from site to site as per the demand of the business.
Comparison between Open source and SaaS eCommerce platforms
The difference between SaaS eCommerce platforms and open-source eCommerce platforms will make it far easier for prospective eCommerce users to compare and select the right platform. Let’s dive into them,
When it comes to customization open-source platforms support the highest customization features. As a result, there is no limit to how you can handle eCommerce customization, modify the design and development of your e-store. Therefore, you can prefer open-source customization eCommerce platforms; if you want to build a feature-rich website.
On the other hand, SaaS platforms include all of the features required to swiftly set up an online store. In addition, they focus on their provider to develop and implement additional features and capabilities. However, limited access to the source code makes customization quite tricky.
Although open-source platforms are usually free, the cost of hosting, customizations, integrations, security, and compliance can be heavy on your pocket.
For additional charges, open-source platforms have combined packages; some have them (WooCommerce, nopCommerce), while others do not (Magento). As a result, before deciding on a platform, you should conduct some research. However, in both cases, there are no subscription fees.
The pricing structure for SaaS is subscription-based. That is fully scalable. You will have to sign up for a monthly or yearly plan and pay a set subscription fee. Then, depending on the needs of the company, it can downgrade or upgrade to multiple plans.
The most critical aspect that builds trust among customers is the security and PCI compliance of every eCommerce website. You are committed to ensuring the security of your website when using an open-source platform.
You can choose your security tool to protect your eCommerce site from external threats. Additionally, you must ensure that your security firewall is bug-free and meets PCI compliance standards.
In the case of SaaS platforms, the service providers are accountable for the security of the website. Therefore, they will be in charge of your eCommerce site’s protection as well as PCI compliance. By hiring our Shopify experts, you will be worry-free for such security guidelines.
They will also study new security updates as needed to keep your eCommerce site secure.
In Open-source eCommerce platforms, the maintenance of the platforms is equally important as security. Moreover, you will need to keep an eye out for all software upgrades and updates. If any problems arise in your system, you will be responsible for finding a solution and performing all necessary maintenance on your own. But, by hiring an open-source developer at Atlas, you will be worry-free.
SaaS platform for eCommerce solutions necessitates a significant amount of effort on the part of the service provider. You receive software updates from the host regularly, and you must also outlook for any upgrades that may be required.
Setting up and installing either platform is not difficult. Besides that, open-source customization software allows free installation. However, when creating a platform for an online store, you will have to start from scratch on this platform.
You can sign up for a free trial on the SaaS platform. You don’t have to start from scratch. Many of the processes will be completed by the service provider as well. You can even create a website merely by dragging and dropping elements.
This differential comparison between these two platforms will clear your doubts and provide you with a proper vision to make a decision. No matter which one you could, Atlas SoftWeb can always help you with it. Our open-source platforms, such as Magento development services and SaaS platforms like Shopify services, are famous for running eCommerce websites and meeting client demands.
Knowing which type of platform is better suited to your firm’s needs will remove ambiguity and make the decision-making process much more manageable. Hopefully, the information above has shed some light on the two and will assist you in determining which type of eCommerce solution is best for your business.
Looking for a strong ecommerce strategy to launch your product? Read this blog.
Being an eCommerce website development company in India, we have worked with both of the platforms. So hire Shopify experts and let your business explore the international market. If you need any assistance with your eCommerce project, please do not hesitate to contact us; our experts are always happy to guide you further with which eCommerce solutions would better suit your requirements.