7 ms·

BigCommerce S1

102 points by blackdogie 6y ago

MuffinFlavored 6y ago
how do they rank compared to Shopify?
- aphroz 6y ago
  It is third in the SaaS ecommerce behind Shopify and Wix.
  - Axsuul 6y ago
    Why do you think Wix?
  - wutangisforever 6y ago
    my friend worked there didn't say good things lol
  - ksec 6y ago
    Isn't Wix just a website generator? Sort of like Online Dreamweaver?
- dannyw 6y ago
  I think they're a lil cheaper but why stress over 0.2% when you get a better product that can give you more conversions.
- Reimersholme 6y ago
  I don't think they will unseat Shopify in the small to lower mid segment. For the higher mid and enterprise segment though, they do offer much better APIs for building a completely custom store front-end than Shopify does, and there they are also starting to become competitive with pure enterprise vendors like Elastic Path and commercetools in a way which Shopify so far is not.
xyst 6y ago
damn - I had an opportunity to work here. My million dollar mistake, I suppose
jkuria 6y ago
they say they are #2. I thought Shopify and Woocomerce were #1 and #2 and they were a very distant third, or even fourth if Magento is to be believed. Or does WooCommerce not count as SaaS?
- thaumaturgy 6y ago
  Yeah, I can't figure out what they're talking about there. There is no "SaaS ecommerce platform" category on BuiltWith (that I can find); none of the subcategories under the eCommerce category on BuiltWith has BigCommerce near the #2 position (https://trends.builtwith.com/shop https://trends.builtwith.com/shop). They do note later in their document that their competitors include Magento, Shopify, and WooCommerce. I almost scrolled by and didn't care except for your comment, which surprised me quite a bit. The number of Shopify, WooCommerce, and Magento sites I've had to do some amount of work on over the years more or less tracks with BuiltWith's stats. I've never worked on a BigCommerce site.
dstaley 6y ago
I actually helped my previous company migrate from Magento to BigCommerce, and found their offering incredibly compelling compared to Shopify. I do think BigCommerce is focused more on medium-sized businesses whereas Shopify is targeted towards smaller businesses or businesses that aren't really focused on their e-commerce side. My favorite feature of BigCommerce was the ability to run the site locally for development, using live product data from the site. I even made a few open source contributions to that framework, which was a nice change of pace compared to Magento development.
dragonsh 6y ago
The main issue with BigCommerce is that they do not offer any compelling advantage over existing open source system. Moreover being a loss making entity like Shopify without any sticky system like marketplace which drives traffic, I doubt there is much value in it except that investors wants to cash-out given the current unrealistic stock market. In case a company use magento [1], Saleor [2], Sylius [3], Shuup [4], Solidus [5], Spree [6] combined with vue-storefront [7], storefront UI [8] and openflutttercommerce app [9] the amount of efforts to build a highly resilient and functional system is cheaper with complete control over customer, supply chain, pricing, product, marketing, sales and promotion data. Also the efforts will be similar to using shopify, bigcommerce with more cost-savings. Indeed shopify itself use many components from rails eco-system built by Spree and Solidus community. Its very easy to build a highly customized and resilient system using cloud offering combined with these open source systems. So I do not see why a mid-size business will choose shopify or bigcommerce. They are good for mom-pop shops and simple commerce, but for unique shopping experience they fall short and better to build customized one with complete control. [1] https://github.com/magento/magento2 https://github.com/magento/magento2 [2] https://github.com/mirumee/saleor https://github.com/mirumee/saleor [3] https://github.com/Sylius/Sylius https://github.com/Sylius/Sylius [4] https://github.com/shuup/shuup https://github.com/shuup/shuup [5] https://github.com/solidusio/solidus https://github.com/solidusio/solidus [6] https://github.com/spree/spree https://github.com/spree/spree [7] https://github.com/vuestorefront/vue-storefront https://github.com/vuestorefront/vue-storefront [8] https://github.com/Divanteltd/storefront-ui https://github.com/Divanteltd/storefront-ui [9] https://github.com/4seer/openflutterecommerceapp https://github.com/4seer/openflutterecommerceapp
- nl 6y ago
  Shopify is profitable[1] even with the high levels of growth they are undergoing. There's little reason to think BigCommerce would be anything else. Most commerce companies don't want or need complete control. They want a unique look and feel (which Shopify/BigCommerce gives) but beyond they they want reliability and ease of integration with things like stock control. [1] https://www.businesswire.com/news/home/20200212005238/en/Shopify-Announces-Fourth-Quarter-Full-Year-2019-Financial-Results https://www.businesswire.com/news/home/20200212005238/en/Sho...
rwhitman 6y ago
Met Brent at the BigCommerce partner summit a year or so ago. I can't think of a CEO I've met who is more open and accessible. He sat down at my table during the keynotes and asked for feedback during the breaks, went around the room and chatted about the product during lunch. Definitely fostered that culture with the full team, his exec leadership team all were equally inviting and open to feedback about the product and strategy. As SEC filings go, this one certainly makes me smile.
noeltock 6y ago
For SME/Enterprise, WooCommerce is not even listed on the Gartner quadrant [1] — so whilst the software might be fully capable and open-source, it's not represented at this level whereas BigCommerce and Shopify are. [1] https://ok.commercetools.com/hubfs/Images/Website/EN/Webinar/Gartner_MQ_DigitalCommerce.jpg https://ok.commercetools.com/hubfs/Images/Website/EN/Webinar...
- tlamponi 6y ago
  The gartner quadrant is mostly pay to win, so who really cares about that one? I'd at least not make any decision solely, or to a large part, based on it.
  - hef19898 6y ago
    True that, it is still usefull if you look for solutions in a field you are unfamiliar with. Doesn't replace doing your own research, so.
  - noeltock 6y ago
    It's probably still one of the most relevant channels for buyers, so yeah, many people care.
codecamper 6y ago
Just buy any of these stocks. Their PS is so high that they will always make numbers. Just buy their own product! (at 30+ price to sales, it makes sense!)

BigCommerce S1

102 points by blackdogie 6y ago

MuffinFlavored 6y ago

how do they rank compared to Shopify?

aphroz 6y ago
It is third in the SaaS ecommerce behind Shopify and Wix.
- Axsuul 6y ago
  Why do you think Wix?
- wutangisforever 6y ago
  my friend worked there didn't say good things lol
- ksec 6y ago
  Isn't Wix just a website generator? Sort of like Online Dreamweaver?
dannyw 6y ago
I think they're a lil cheaper but why stress over 0.2% when you get a better product that can give you more conversions.
Reimersholme 6y ago
I don't think they will unseat Shopify in the small to lower mid segment. For the higher mid and enterprise segment though, they do offer much better APIs for building a completely custom store front-end than Shopify does, and there they are also starting to become competitive with pure enterprise vendors like Elastic Path and commercetools in a way which Shopify so far is not.

xyst 6y ago

damn - I had an opportunity to work here. My million dollar mistake, I suppose

jkuria 6y ago

they say they are #2. I thought Shopify and Woocomerce were #1 and #2 and they were a very distant third, or even fourth if Magento is to be believed. Or does WooCommerce not count as SaaS?

thaumaturgy 6y ago
Yeah, I can't figure out what they're talking about there. There is no "SaaS ecommerce platform" category on BuiltWith (that I can find); none of the subcategories under the eCommerce category on BuiltWith has BigCommerce near the #2 position (https://trends.builtwith.com/shop https://trends.builtwith.com/shop). They do note later in their document that their competitors include Magento, Shopify, and WooCommerce. I almost scrolled by and didn't care except for your comment, which surprised me quite a bit. The number of Shopify, WooCommerce, and Magento sites I've had to do some amount of work on over the years more or less tracks with BuiltWith's stats. I've never worked on a BigCommerce site.

dstaley 6y ago

I actually helped my previous company migrate from Magento to BigCommerce, and found their offering incredibly compelling compared to Shopify. I do think BigCommerce is focused more on medium-sized businesses whereas Shopify is targeted towards smaller businesses or businesses that aren't really focused on their e-commerce side. My favorite feature of BigCommerce was the ability to run the site locally for development, using live product data from the site. I even made a few open source contributions to that framework, which was a nice change of pace compared to Magento development.

dragonsh 6y ago

The main issue with BigCommerce is that they do not offer any compelling advantage over existing open source system. Moreover being a loss making entity like Shopify without any sticky system like marketplace which drives traffic, I doubt there is much value in it except that investors wants to cash-out given the current unrealistic stock market. In case a company use magento [1], Saleor [2], Sylius [3], Shuup [4], Solidus [5], Spree [6] combined with vue-storefront [7], storefront UI [8] and openflutttercommerce app [9] the amount of efforts to build a highly resilient and functional system is cheaper with complete control over customer, supply chain, pricing, product, marketing, sales and promotion data. Also the efforts will be similar to using shopify, bigcommerce with more cost-savings. Indeed shopify itself use many components from rails eco-system built by Spree and Solidus community. Its very easy to build a highly customized and resilient system using cloud offering combined with these open source systems. So I do not see why a mid-size business will choose shopify or bigcommerce. They are good for mom-pop shops and simple commerce, but for unique shopping experience they fall short and better to build customized one with complete control. [1] https://github.com/magento/magento2 https://github.com/magento/magento2 [2] https://github.com/mirumee/saleor https://github.com/mirumee/saleor [3] https://github.com/Sylius/Sylius https://github.com/Sylius/Sylius [4] https://github.com/shuup/shuup https://github.com/shuup/shuup [5] https://github.com/solidusio/solidus https://github.com/solidusio/solidus [6] https://github.com/spree/spree https://github.com/spree/spree [7] https://github.com/vuestorefront/vue-storefront https://github.com/vuestorefront/vue-storefront [8] https://github.com/Divanteltd/storefront-ui https://github.com/Divanteltd/storefront-ui [9] https://github.com/4seer/openflutterecommerceapp https://github.com/4seer/openflutterecommerceapp

nl 6y ago
Shopify is profitable[1] even with the high levels of growth they are undergoing. There's little reason to think BigCommerce would be anything else. Most commerce companies don't want or need complete control. They want a unique look and feel (which Shopify/BigCommerce gives) but beyond they they want reliability and ease of integration with things like stock control. [1] https://www.businesswire.com/news/home/20200212005238/en/Shopify-Announces-Fourth-Quarter-Full-Year-2019-Financial-Results https://www.businesswire.com/news/home/20200212005238/en/Sho...

rwhitman 6y ago

Met Brent at the BigCommerce partner summit a year or so ago. I can't think of a CEO I've met who is more open and accessible. He sat down at my table during the keynotes and asked for feedback during the breaks, went around the room and chatted about the product during lunch. Definitely fostered that culture with the full team, his exec leadership team all were equally inviting and open to feedback about the product and strategy. As SEC filings go, this one certainly makes me smile.

noeltock 6y ago

For SME/Enterprise, WooCommerce is not even listed on the Gartner quadrant [1] — so whilst the software might be fully capable and open-source, it's not represented at this level whereas BigCommerce and Shopify are. [1] https://ok.commercetools.com/hubfs/Images/Website/EN/Webinar/Gartner_MQ_DigitalCommerce.jpg https://ok.commercetools.com/hubfs/Images/Website/EN/Webinar...

tlamponi 6y ago
The gartner quadrant is mostly pay to win, so who really cares about that one? I'd at least not make any decision solely, or to a large part, based on it.
- hef19898 6y ago
  True that, it is still usefull if you look for solutions in a field you are unfamiliar with. Doesn't replace doing your own research, so.
- noeltock 6y ago
  It's probably still one of the most relevant channels for buyers, so yeah, many people care.

codecamper 6y ago

Just buy any of these stocks. Their PS is so high that they will always make numbers. Just buy their own product! (at 30+ price to sales, it makes sense!)