Omnichannel & Online Marketplaces: The New Cornerstones of Retail

The expectations of retail customers are currently changing rapidly and fundamentally. The so-called customer journey—the path a customer takes from first encountering a product to making a purchase—rarely follows a linear path today. Customers research and compare across various channels, seek advice in-store, purchase online, or use hybrid shopping paths. For this very reason, more and more retailers and marketplace operators are establishing omnichannel strategies that seamlessly connect all sales channels.

The clear aim: To deliver a seamless, cross-channel brand experience. Only when consumers are engaged wherever they are—online, mobile, or in-store—can lasting customer loyalty be achieved. This unified experience is not only relevant for large corporations but also for mid-sized businesses and specialized providers.

At the same time, online marketplaces are becoming increasingly important as sales and reach channels. In Germany, well over half of all online sales are already generated via platforms such as Amazon, eBay, or Otto. Marketplaces offer companies easy access to new customers and markets without needing to invest heavily in their own shop infrastructure or extensive marketing initiatives. As a result, marketplaces are becoming a key component of the sales strategy for small and medium-sized businesses that may not yet be digitally positioned.

Trends and Challenges in Omnichannel Retail

  • Channel Integration Through Technology: The biggest challenge often lies in the complete integration of technical infrastructure. Areas such as inventory management, logistics, payment processing, and digital store design must work together seamlessly. Only then are popular omnichannel services such as click-and-collect, ship-from-store, or cross-channel promotions possible. A critical factor is ensuring that data is exchanged in real time between systems; this is the only way to avoid errors and duplicate entries. Companies regularly face the task of reviewing and modernizing their IT landscape for integrations, scalability, and automation.

  • Data Centralization: In the omnichannel environment, systems such as PIM (Product Information Management), CRM (Customer Relationship Management), and ERP (Enterprise Resource Planning) are gaining tremendous importance. All customer, product, and transaction information is centrally consolidated here. This consolidated data foundation is essential to present and control assortments, prices, stock levels, and offers consistently across all channels. With centralized data, marketing, sales, and logistics can operate based on the same information, making processes and communication much more efficient and customer-centric.

  • Personalization & Experience: Today’s customers expect more than just a transaction. They seek a tailored, value-added brand experience—one that continues after the purchase. This includes targeted product recommendations, individualized offers, and well-thought-out after-sales service. Delivering such experiences presents significant technical and personnel challenges. To provide personalized experiences at every touchpoint, companies need modern analytics, automated customer outreach, and increasingly AI-based systems.

Evolution of Online Marketplaces: From Product Selling to Service Ecosystems

Modern online marketplaces are much more than just sales platforms for products. They are evolving into flexible service platforms in which retailers, service providers, and suppliers are seamlessly integrated. Integrated interfaces with ERP, PIM, or logistics systems allow services like payments, warehousing, shipping, or returns processing to be managed directly within the marketplace.

This brings multiple benefits:

  • Retailers can engage in e-commerce without significant effort, eliminating the need for complex, in-house IT infrastructure. Even small and specialized companies can benefit from digitalization without having to provide all the technical resources themselves; this significantly lowers entry barriers.
  • Marketplace operators gain the ability to scale and expand their offerings rapidly. They can flexibly integrate partners and adapt assortments, services, and target markets without having to replace rigid systems—unlocking enormous potential for growth and innovation.
  • Service partners, such as logistics companies or payment providers, also benefit. Their services can be easily integrated into existing processes, streamlining workflows, reducing resource requirements, and enabling faster implementation. The time-to-market for new services is significantly reduced, allowing for a quicker response to customer needs.