{"id":61943,"date":"2023-07-18T17:55:48","date_gmt":"2023-07-18T15:55:48","guid":{"rendered":"https:\/\/intellias.com\/?p=61943"},"modified":"2024-03-13T03:55:52","modified_gmt":"2024-03-13T02:55:52","slug":"enhancing-the-customer-experience-and-increasing-revenue-building-a-custom-telecom-marketplace","status":"publish","type":"post","link":"https:\/\/intellias.com\/building-custom-telecom-marketplace\/","title":{"rendered":"Enhancing the Customer Experience and Increasing Revenue: Building a Custom Telecom Marketplace"},"content":{"rendered":"

Project highlights<\/h2>\n

In today’s ever-evolving landscape, eCommerce platforms face increasing demands for tailored customer interactions and efficient business processes. That\u2019s why many eCommerce operators (including companies that want to develop custom telecom marketplace) adopt a platform approach that lays behind the concept of “composable” technology. Such an approach prioritizes flexibility and scalability, emphasizing the quality of components within a technology stack.<\/p>\n

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According to Gartner, composable commerce entails orchestrating digital experiences based on specific customer and touchpoint requirements, enabling seamless scaling from the MVP to a full-scale launch.<\/p>\n <\/div> \n <\/div>\n

Business challenge<\/h2>\n

One of the leading Eastern European telecommunications operators decided to develop an enterprise marketplace for telecom to leverage their assets, enhance the customer experience, differentiate themselves from competitors, and create new revenue streams. As a result, the telecom provider aimed to capture a larger share of the customer wallet. We opted for the marketplace for a telecom business based on the composable commerce technology for this case.<\/p>\n

\"Enhancing<\/p>\n

Composable commerce represents a modular approach to constructing an ecommerce technology ecosystem. Instead of adopting off-the-shelf ecommerce solutions to fit specific requirements, composable commerce embraces modern technology methodologies such as MACH (Microservices, APIs, Cloud, and Headless) and JAMstack (JavaScript, APIs, & Markup) architectures, enabling the assembly of a tailored tech stack for each unique business need. The fundamental principles of composable commerce are:<\/p>\n

\"Enhancing<\/p>\n

Our client also aimed to expand their connectivity expertise and develop a solid partner program with the ecosystem to capitalize on B2B opportunities. Given this, turning the telecom partner marketplace into a B2B2X ecosystem will be a further challenge for us.<\/p>\n

Three ways to get your marketplace up and running<\/h3>\n

The need for highly scalable applications and the increasing complexity of business operations have revolutionized the engineering of software applications, especially in digital commerce. That\u2019s why we favor three popular software implementation approaches in marketplace architecture:<\/p>\n

Opensource and other packaged business capabilities adaptations<\/h3>\n

The core of the composable commerce architecture of the telecom marketplace revolves around what we call packaged business capabilities (PBCs). These components are designed to address specific business challenges and come equipped with robust features and functions tailored to solve them. Moreover, PBCs enable sophisticated business operations at scale, enabling adaptation and customer engagement through personalized, seamless experiences across various channels.<\/p>\n

While substantial functionality comes readily available with out-of-the-box solutions, organizations can still heavily customize the platform. When considering such a platform, several factors need to be carefully considered:<\/p>\n

\"Enhancing<\/p>\n

NopCommerce as opensource option<\/h3>\n

NopCommerce is a popular choice for businesses looking to establish an e-commerce presence with a customizable feature-rich and customizable platform. Platform\u2019s open-source nature and active community make it a versatile solution for businesses of various industries and sizes:<\/p>\n