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WooCommerce Targets 15% Web Share After Explosive Growth

Aug 1 · 2 min read

Article summary:

WooCommerce, the leading e-commerce platform for WordPress sites, shows no signs of slowing down. Powering over 3.4 million online stores already, WooCommerce has ambitious plans to expand its reach even further. In a recent interview with Search Engine Journal, WooCommerce CEO Paul Maiorana revealed upcoming improvements focused on performance, payments, product management, and site design. Despite challenges in the rapidly changing e-commerce industry, Maiorana remains committed to WooCommerce’s central mission of democratizing online commerce. The company aims to power 10-15% of all websites globally – eventually.

Key points:


Leveraging Existing Platforms For Rapid Growth
As WordPress has grown, so too has WooCommerce. An open-source e-commerce platform built on the platform, WooCommerce has benefited tremendously from the widespread adoption of WordPress. Maiorana points out that one of the advantages of using WooCommerce with WordPress is that it allows businesses to adapt and change their websites to meet new needs without switching to a new platform – creating flexibility to evolve a WooCommerce site within WordPress as it grows.

The Power Of Community
With WordPress powering just under half of all websites, the vast community is a critical driver of growth for WooCommerce. Maiorana shares: “WordPress powers 43% of sites on the internet and has broad awareness. Essentially, everybody’s used [it] at some point in their lives.” Integrating seamlessly into WordPress sites provides WooCommerce access to a massive base of potential customers needing an e-commerce solution.

Simplicity & Flexibility Propel Growth
A core factor in WooCommerce’s success is its blend of simplicity and flexibility, making it easy to set up an online store using WordPress – quickly. At the same time, WooCommerce offers abundant customization options to meet the needs of larger enterprises. “You can’t outgrow WooCommerce or WordPress,” Maiorana shares.

A Unified Ecommerce Experience
In response to the demand for a more streamlined ecommerce solution, WooCommerce launched WooExpress, which provides a turnkey solution. “What we’ve done with WooExpress is essentially to take all of our capabilities in the WooCommerce ecosystem,” Maiorana explains, “and bring those all together into a complete pre-configured package with hosting integrated.” The platform has seen demand that has “blown away our expectations,” according to Maiorana.

Upcoming Enhancements
When asked about future developments and improvements, Maiorana shared a robust roadmap. The company is focusing on performance and scalability, new checkout interfaces, and introducing a new product editing interface. Additionally, WooCommerce is adopting the Gutenberg project from WordPress, which provides a visual editing experience for websites.

WooCommerce Enterprise, AI, and Machine Learning
Touching upon the company’s services for larger-scale businesses, Maiorana shared more around the recent launch of WooCommerce Enterprise, which offers stores at scale, just to have a much tighter white-glove support relationship with us. To that end, the company is also adapting to the rise of AI and machine learning, with newly-unveiled AI features to assist in product editing; e.g., generating product titles, descriptions, and SEO content.

Future Challenges & Visions
The rapidly changing ecommerce industry presents a significant challenge for WooCommerce: a phenomenon Maiorana acknowledges. However the company is preparing to meet these challenges by staying close to customers and understanding their needs.

Takeaways For Marketers & Business Owners
The rise of WooCommerce underscores the power of simplicity, community, and adaptability. As for what marketers and business owners can do with Maiorana’s observations, the conversation presented some key practical insights: Leverage existing platforms and communities – and cultivate new ones. Design intuitive solutions that scale. Scale with your customers. Stay true to your core mission, no matter how much you grow.

Topics:


E-commerce PlatformsWordPressWooCommercePerformancePaymentsProduct ManagementSite DesignAIMachine Learning

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