By Amber Trendell-Oracle on Jan 15, 2016
Oracle Cloud serves every aspect of retailers’ business needs, from enterprise financials to customer marketing to e-commerce. The cloud is the most effective way for any retailer, big or small, to expand and update its retail operations to roll out new business models, expand merchandise offerings, open in new markets and drill down into customer preferences using best-in-class Oracle business intelligence and analytics.
Responding to the industry’s best growth opportunity in 2015, many retailers launched all-new shopping experiences with Oracle Commerce Cloud. Replacing platforms that were traditionally hosted and managed by IT teams within the walls of the retailer, today’s cloud services offer a simpler solution to maintaining feature-rich online storefronts, engaging customers, viewing inventory and fulfilling orders across channels. And unlike old systems, these modern solutions offer retailers immediate access to new technology and upgrades as they become available.
Nowhere is this truer than in e-commerce, and Oracle saw retailers take full advantage of new solutions well before the holiday shopping season began.
Women’s luxury brand Elaine Turner updated its e-commerce site to run on the Oracle Commerce Cloud so that it could expand beyond its 10 brick-and-mortar stores to engage its customers nationwide. The move to the Oracle platform provided the retailer with a scalable, user-friendly and customer-centric system that quickly won favor.
“With Oracle Commerce Cloud, we expect to increase conversion rates by two times,” Carrie Leader, director of e-commerce, Elaine Turner, said during a recent webinar -, “and traffic between 20 and 30%.” Looking to the future, Elaine Turner predicts a sales increase between 50 and 100%with the help of the solution. Ms. Leader also shared the company's motivation for moving to Oracle Commerce Cloud at Open World this fall in a live interview.
Similarly, at the end of 2015, independent retailer Rock/Creek was looking to expand its online presence and teamed up with Oracle Commerce Cloud. The outdoor specialist wanted to allow customers to generate more of their own content on the site, but needed help maintaining and upgrading the website to meet customers’ evolving expectations. Moving to a SaaS system made more sense for the retailer than struggling to keep upgrading on premise software.
“As a local Chattanooga-based outdoor gear retailer, e-commerce is a strategic way to extend the reach of the Rock/Creek business,” said Mark McKnight, head of e-commerce, Rock/Creek. “But we like to focus on bringing the best rock climbing, paddling, running and hiking gear to our customers—not managing a technology infrastructure. With a SaaS solution like Oracle Commerce Cloud, Rock/Creek can simultaneously keep our technology costs low and stay innovative with the latest commerce features for online shopping experiences. Both are important to our business as our customers demand more from their online shopping experiences and as we continue to grow and scale our business.”
The cloud is the most effective way for any retailer, big or small, to expand and update its retail operations to roll out new business models, expand merchandise offerings, open in new markets and drill down into customer preferences using best-in-class business intelligence and analytics.
Visit Oracle Retail at booth 2521 during NRF's Big Show to demo Oracle Commerce Cloud.