What is VTEX's true impact on the market? A recently carried out study set out to scientifically measure whether this e-commerce platform is actually superior to a specific type of platform still widely used in the market.
The study I'm referring to is the Total Economic Impact (TEI) , conducted by Forrester Consulting. Forrester interviewed four business leaders who currently use the VTEX platform and combined the data obtained from this experience across a single global organization with $5 billion in annual revenue.
According to this survey, respondents said that legacy e-commerce platforms impeded their companies' growth. For those who don't know, a legacy platform is one left as an inheritance from past administrations. Because they are old, they are outdated, inadequate and inefficient for modern e-commerce.
The TEI therefore measured how much advantages VTEX can offer in relation to legacy platforms. In other words, he analyzed the impact of VTEX in this environment. That's what you'll soon discover. Keep reading!
IMPACT OF VTEX ACCORDING TO FORRESTER STUDY
According to TEI data, companies that migrated from a legacy platform to VTEX obtained:
- USD 5,8 million in cost savings;
- 133% return on investment;
- 20% savings on developer support in the first year;
- 50% savings on developer support in the third year;
- US$17,1 million growth in e-commerce;
- 20% savings in Marketing operations in the first year;
- 50% savings in Marketing operations in the third year.
As can be seen, the migration to the VTEX platform resulted in the companies analyzed in TEI obtaining a considerable increase in their efficiency. Furthermore, they achieved an excellent return on investment. But the burning question is: how did this happen?
- As soon as you can click REDE Stores and discover a VTEX success story!
Main benefits
Why did VTEX provide so many better results in such a short space of time? What is the secret to VTEX's impact on legacy platforms? In fact, VTEX delivers more benefits with less costs. It provides, for example:
- Safer environment for customers and consumers who visit your online store;
- Scalability so you can expand your e-commerce;
- Support for various business models such as B2B, B2C and D2C, among others;
- Greater developer independence;
- Annual event VTEX Day with the fine in digital retail;
- Support ecosystem and third-party apps that can be easily integrated into your store.
Furthermore, one of the most important advantages is that VTEX carries out the updating and maintenance of the cloud platform and makes these evolutions available immediately to client companies. This way, you, the trader, do not need to have an IT team to do this. This frees up your time and resources so you can focus on improving the shopping experience and generating more sales. Therefore, I strongly recommend implementing the VTEX platform.
HOW TO IMPLEMENT AN E-COMMERCE WITH THE VTEX PLATFORM?
To implement the VTEX platform in your company, rely on the support of Agência e-Plus. Agência e-Plus has been VTEX certified since 2015 and, since then, has produced more than 300 e-commerce projects for merchants like you in Brazil, Portugal, Spain, Ecuador, Costa Rica and other countries.
e-Plus Agency has over 10 years of experience and is globally recognized by the VTEX Quadrant as an expert agency in the creation and migration of niche e-commerce platforms. It undertakes projects in niches such as fashion, food, beverages, sports, electronics, bookstores, automotive, cosmetics, pharmaceuticals, and home goods, among others. This agency has worked on projects for brands such as Pierre Cardin, Pirelli, Sonda, Xerox, Le Coq Sportif, Torra, Gregory , and Wahl, for example.
You can also hire the e-Plus Agency for your project with the VTEX platform from anywhere in the world. To do this, click the following button and start a conversation via the messenger app right now:
