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Specbee Launches Latest e-commerce Solutions to Generate Guaranteed Recurring Revenues and Loyalty


News provided by

SpecBee Consulting Services Private Limited

21 Nov, 2017, 09:30 IST

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BANGALORE, November 21, 2017 /PRNewswire/ --

Specbee today announced the release of the Specbee enterprise e-commerce suite. Specbee's e-commerce suite enables enterprises to not only setup digital stores but also equips them to launch business models that are proven to generate predictable, recurring revenues and cause customer loyalty.

Enterprises offering products/services that they envision consumers ordering on a repeated basis can now launch subscription options that enable their consumers to transact just once and set automated repeated delivery of products / services at schedules as per their convenience. With this model, enterprises can not only offer convenience to the consumer but also grow revenue by enabling automated repeated orders for products that would otherwise have been bought just once. In the competitive e-commerce market, the subscription-based business models offer an edge in terms of enabling customer loyalty, recurring revenues, better inventory foresight and effective increase in customer lifetime value.

Specbee's commerce suite comprises four components, an e-commerce core engine, distribution management engine, mobile applications for Android and iOS and a website front-end. The e-commerce core engine has all the intelligence to manage, generate and disperse subscription orders as well as one-time orders, and integrates with any third party back-end systems for ERP, payments, logistics etc. The solution is also the first of its kind to be equipped with distribution management, inventory floor management and delivery management features that enable enterprises to manage inventory floor and distribution network efficiently. The mobile application and website front-end can be skinned and themed to offer the most optimum user experience. To this end, Specbee also offers bespoke user experience design services for e-commerce websites and mobile apps.

In practice 

Specbee's commerce suite is commercially deployed and services over 20,000 SKUs at each of the multiple e-commerce retailers that it is implemented at. The e-commerce suite handles on an average, more than 7,000 orders on a daily basis at each of its deployment instances, 70 percent of which are subscription orders. "Our Aim has always been to provide solution offerings that allow enterprises to bring to market compelling, new business models that not only increase their top-line but also offer value to the consumer. While segments such as grocery, healthcare and hygiene, pet foods, office needs, organic products etc come to mind immediately, enterprises envisioning loyalty and repeated use of their product offering, stand to benefit from our subscription commerce suite," said Ashirwad Shetty, Director, Specbee Consulting Services Pvt. Ltd.

About Specbee 

Founded in 2015, Specbee has been serving several large enterprise customers across the world. With extensive expertise and experience in e-commerce and content management solutions, Specbee has been able to enable enterprises reach their business objectives effectively. Specbee's e-commerce platform offering is purpose-built to handle large volumes. The digital stores powered by the platform are deployed over a cloud infrastructure in a fully redundant and elastically scalable configuration proven for 99.99% availability. Specbee offers bespoke design and functionality customization services to cater to unique business requirements of enterprises.

For more information, please visit https://www.specbee.com/

Facebook: https://www.facebook.com/specbee

LinkedIn: https://www.linkedin.com/company/specbee-consulting-services

Media Contact
Ashirwad Shetty
+91-99724-00977
[email protected]
Specbee Consulting Services Pvt. Ltd.

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