Over the past few years, internet purchases have dramatically increased. Current statistics show that purchases made online have doubled between 2014 and 2015. The convenience of online shopping has made it the preferred medium for many shoppers with products and services at their fingertips via their smartphones or tablets. For example, businesses online purchases on a mobile device has risen significantly during this time. The eCommerce boom doesn’t seem to feel the effects of “economic crisis” as it continues to rise. Projections for the coming years show an even greater increase in these figures as a greater number of businesses convert to online shopping mediums.
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SCE B2B Cannabis eCommerce Comparison
1. 1
Introduction
Business to Business eCommerce Comparison
White Paper:
Seattle Cannabis Exchange, WeedTraQR, BiotrackTHC, MJ Freeway, Greenbits, TraceWeed
2. 2
Introduction
Introducing Business to Business eCommerce Software available today
Over the past few years, internet purchases have dramatically increased. Current statistics show that
purchases made online have doubled between 2014 and 2015. The convenience of online shopping has
made it the preferred medium for many shoppers with products and services at their fingertips via their
smartphones or tablets. For example, businesses online purchases on a mobile device has risen
significantly during this time. The eCommerce boom doesn’t seem to feel the effects of “economic crisis”
as it continues to rise. Projections for the coming years show an even greater increase in these figures
as a greater number of businesses convert to online shopping mediums.
From a sales perspective, choosing the right eCommerce software for your business is vitally important.
An eCommerce solution cannot be limited to just a “Buy” button on your website; many features should
be taken into account when comparing solutions. Behind any eCommerce page there is a real business
to manage where you’ll need other solutions like inventory management, accounting software,
marketing tools, etc. On the front end, you’ll need an interface that provides great usability that will
encourage repeat customers and improve your sales. Lastly, an eCommerce solution should also
showcase your products, using a beautiful and functional design to win over customers.
Features Comparison
In order to offer a fair comparison of the top cannabis ecommerce solutions, we have compiled a table
of the most important features ecommerce systems should offer plus any built-in business management
solutions which benefit the operation of an online store.
These are grouped into eight categories: Product Management, Design, Customer Management,
Shipping, Promotion & Marketing, Sales Management, Reporting, and Productivity.
3. 3
Comparing B2B eCommerce Software
Seattle Cannabis Exchange
Claudius Christian and his team started development in 2015 and launched its product in June 2016.
With a background in creating sophisticated software solutions to for the higher education marketplace
Claudius, and his team knew they could bring enterprise level reliability, performance, and security to
the cannabis marketplace. The SCE platform, is a SaaS offer which allows your teams multiple cloud-
based solutions that will help them in their day to day tasks as a producer, processor, producer/
processor, and retailer. The system is continuously updated throughout the year.
SCE is the only solution offering a financial uptime guarantee to be online with a service level agreement
(SLA). Meaning they will pay you if the system cannot be accessed.
“A CANNABIS BUSINESS MANAGEMENT PLATFORM.”
Three different pricing models and additions are available. SCE solutions include Business Essential for
small companies in need of cannabis tracking and/ or point of sales only, Business Professional for
growing businesses, and Business Premium for large organizations. For this comparison, we will select
Business Premium.
BioTrackTHC
Established in 2010, BioTrackTHC got its start in the pharmaceutical industry. Located in Orlando, Florida
the organization implemented the Washington State Cannabis Traceability System in 2013. The
company enables businesses to track the production, transportation, destruction and sales of legal
cannabis. BiotrackTHC updates their system on an irregular basis, unannounced.
4. 4
“NO MOTTO INFORMATION AVAILABLE”
BioTrackTHC business solutions differ by business type and size. They offer solutions for cannabis
producers, processors, producer/ processors, and retailers. For this comparison, we will select either
their producer/ processor and/ or retail solutions.
MJ Freeway
Founded in 2010, MJ Freeway’s tracking software includes inventory control and grow management
applications for producers, processors, producer/ processors, and retailers. In addition, they also offer
professional consulting services for cannabis businesses. The company is headquartered in Denver
Colorado.
“POWER OF A PLATFORM”
MJ Freeway’s business solutions differ by business type and size. For this comparison, we will select
either their producer/ processor and/ or retail solutions.
WeedTraQR
WeedTraQR is barebones cannabis tracking system founded in 2014 by a software engineer and business
development professional. The tracking software includes cannabis tracking for producers, processors,
producer/ processors, and retailers.
“MARIJUANA TRACEABILITY SEED TO SALE FROM YOUR PHONE”
WeedTraQR’s business solutions differ by business type and size. For this comparison, we will select
either their producer/ processor and/ or retail solutions.
5. 5
TraceWeed
Dauntless was founded in 2013 by five software engineers. The software is exclusively for producers,
processors, and producer/ processors. TraceWeed uses RFID and NFC as the foundation of its
application. The RFID tags must be purchased and replaced on a regular basis.
“SIMPLY TAP. TAP. TRACE.”
TraceWeed’s business solutions differ by business type and size. For this comparison, we will select
either their producer/ processor systems.
Green Bits
Green Bits was founded in 2014. Green Bits is a retail POS software, and inventory management for iPad,
The Business is based in San Jose, CA.
“FAST. ACCURATE AUTOMATIC.”
The application is tablet based. Pricing varies on the number of terminals a retail store has. The Green
Bits Back Office is a web-based portal where stores can be managed.
10. 10
Conclusions
All the articles about eCommerce give the sames trends: mobile/tablet-friendly, flat design, large images,
fast and simple. Moreover, there’s a feature that will continuously be improved: the usability for visitors.
Software usability has to keep the “codes” in order to satisfy the user and help them become more
productive. This applies for the merchant too, keeping the “codes” satisfies the buyer and increase their
sales.
With this comparison, we can see how difficult it is for eCommerce software to have both features and
usability. Previously dedicated to cannabis tracking and ERP, SCE is far from being mature in its
eCommerce app, but it offers many possibilities. SCE eCommerce developments are in their infancy. The
app is very promising, without forgetting the integration with the other apps of the business solution.
When choosing your eCommerce software, don’t forget to picture your business in the upcoming years.
This will help you to make the right choices today and have control over your growth. Think about an
eCommerce software that can be easily integrated with other business solutions. An easy integration
means that it has to be simple and fast while also incurring minimal implementation costs. The ideal
solution would be to integrate with your eCommerce software other solutions which look alike. You will
be at ease with the back-end interface without losing any productivity. This is how business application
suites come in handy.
This whitepaper was compiled by SCE. We did our best to make it objective and fair. If you find a mistake or please
report it to info@scegroup.co and we will update this document. Our goal is to have a continuously updated
comparison of the main competitors to be as accurate as possible. Some images have been altered to fit the screen.