Our customer is a leading financial institution, headquartered in Asia, offering various types of financial products and banking solutions including vehicle loans across all customer segments.
Ecommerce is no longer a territory reigned by retails, banking and finance institutions are also rooting for digital commerce to deliver a great experience to their customers. Joining the bandwagon of banking institutions embracing commerce to cater to their customer’s needs, is our customer – a leading banking firm in Asia.
The customer organization wanted to build a strong digital commerce infrastructure to better serve their customers while also offering services relating to different segments.
They were looking for a trusted solution partner who could help them create a full-fledged digital vehicle auctioning platform in less than 4 months which offered the following facilities:
Our veteran digital commerce experts conducted a detailed technical consultation workshop with the customer’s team. During the consulting workshop, our consultants undertook following activities:
After the technical consulting workshop, it was decided that the ambitious automotive ecommerce solution would be developed on Magento 2 Commerce Cloud.
The Digital Commerce Vehicle Auction Platform was developed using Adobe Commerce Cloud Edition version 2.4.2. The platform enabled users interested in buying pre-owned vehicles to seamlessly view all the vehicles listed on the website, select the preferable item and bid on them during the online auction.
Here is a quick snapshot of the various phases and features of the automotive ecommerce solution development for the esteemed customer.
E-auction Events: | Interactive events tab listing Live Auctions as well notifications regarding all the upcoming bids along with a Countdown timer. |
Integrations: | Integration with our clients’ bespoke platforms (lending system)
Integration with the banking e-platform for a seamless listing of Products to be auctioned Integration with Partner websites and other 3rd party services |
Managing Online Bidding | Multiple bid management features including Auto Bidding, Front End Customer Bidding, Offline/Admin Bidding. |
Customer Profiling | Segregation of Customer Journey based on Business and Individual Profile |
Pricing and Promos | Managing pricing and promos on products being auctioned |
Winner Selection | Set , announce & Notify the e-auction Winner |
Reviews | Gather detailed feedback and reviews from the website users |
Customer-Centric Features | |
Customer Registration | New customer registration , Online KYC verification , account creation and profile management |
Token Payment | Customers can pay the token amount via their preferred payment methods (Cards/netbanking/Cash On Delivery) |
Multi-Wishlist | Customer can create separate wishlists |
Other highlights of our solution include: