1. E-commerce Solutions
At first glance, creating an e-commerce site for luxury jewelry might seem like a waste of resources. Most jewelry buyers like to see the items in person.
However, online sales for the luxury industry, which were 6 percent in 2016, are projected to grow to 18 percent in 2025, according to a report from McKinsey & Co. This means that e-commerce sites in this industry will become increasingly more relevant.
E-commerce solutions are very scalable and have unique features like inventory tracking and the ability to process transactions that other types of web builders won’t necessarily have. The source code is open to any development company so your website can easily grow along with your business.
However, using this option requires a higher level of expertise, which makes it difficult to build a site alone.
2. Proprietary Solutions
Closed-source technology companies are a good solution for those who are new to creating a website and want one that is relatively inexpensive.
The company that owns the source code will typically take care of any issues you have with the CMS and perform any software updates.
One thing to consider, however, is that switching web platforms may be difficult or impossible since the technical back-end of your site is built with closed source software. Proprietary solutions also have scalability limited by the company that created them.
3. Content-Based Solutions
Content-based platforms are perfect for bloggers and businesses selling intangible services but not so much for brick-and-mortar jewelry stores.
Content-based solutions are primarily made for blogs where you can publish unique content. They are also good for brick-and-mortar businesses, like repair or pawn shops, that don’t have products that need to be visually displayed on the site.
Other businesses may find that this option is not robust enough for their needs because of the limited features.
Although this solution is easy to use, its limitations mean that some users will find it difficult to develop an intricate navigational structure that allows customers to explore product offerings with ease. I do not recommend using a content-based website.
4. DIY Platforms
Barriers to entry for website creation no longer exist because of builders that allow people with no technical knowledge to easily create their own site for a relatively low cost.
DIY platforms seem to be an easy-to-use option, but setting up a website is very time consuming. You have to write your own compelling content and find high-quality images, among other tasks. In the long term, limited scalability may hinder your growth.
Some businesses might have multiple goals, in which case you must do research on specific site builders that serve several purposes. For example, you may need an e-commerce site that lets you post blog content.
Within all of these platforms types there are a variety of features available. Consider which features are most important to you before making a decision. Remember that this software will serve as the foundation of your website, and anything built on a rocky foundation will crumble.
Emmanuel Raheb is the CEO of Smart Age Solutions, a digital ad agency and coveted Premier Google Partner. With nearly 18 years’ digital marketing, SEO, web design, and e-commerce experience for jewelers, Raheb is passionate about helping and strategically growing national jewelry brands and local retailers alike. Contact him at eraheb@smartagesolutions.com.
