Software-As-A-Service (SaaS) Software
SaaS, which is also known as “hosted,” is by far the most popular type of E-Commerce software available today. SaaS is usually the preferable option for companies that do not have the development and technical requirements for an on-premise solution. It’s more hands-off, and the support provided by the company is your main go-through for technical issues.
Typically, SaaS E-Commerce software only requires a monthly fee. That fee might be a flat rate, or dependent on a variable — the number of orders that your company takes per month, the number of products that you offer, etc.
With SaaS E-Commerce solutions, all updates, patches, and feature rollouts are handled automatically. They also may offer out-of-the-box solutions for integrations with your other E-Commerce software. For instance, you might integrate your E-Commerce software with your customer relationship management software, or customer support solution.
Most online retailers today use a hosted SaaS E-Commerce solution. They can be launched in a fraction of the time and typically have much lower overall costs for the company than an on-premise solution.