The E-Commerce landscape continues to evolve, and businesses rapidly seek robust solutions that can help enhance their online presence. Shopify tops the chart in the e-commerce industry empowering merchants with its versatile array of tools and features. Shopify Commerce Components come out as powerful resources enabling businesses to create manual and purposeful online experiences. Do you wonder what are these components, and how you can benefit from them? Don’t worry! You’ll get answers to your questions in this detailed guide. Read on to learn more!
Understanding Shopify Commerce Components
Shopify commerce components comprise a diverse set of building blocks that facilitate the creation and customization of online stores. These components are designed to be modular, handy, and flexible, allowing businesses to enhance their digital storefronts to meet specific requirements and achieve business objectives. From product listings and checkout processes to customer engagement tools, Shopify commerce components cover a wide spectrum of functionalities that are essential for running successful e-commerce operations.
What are Some Major Shopify Commerce Components?
Commerce components by Shopify offer a blend of features designed to enhance the shopping experience for customers and cater to the management needs of merchants simultaneously. These components have been divided into 6 different categories by Shopify. Let’s explore some of these key components:
1 – Storefront
Storefront components are designed to help merchants and enterprises create unique and appealing user experiences according to their requirements. Following are the top storefront components that help create and customize stores proving how convenient and beneficial Shopify for enterprises is.
- Headless API
- Headless SDK
- Low-Code Storefronts
- Headless Hostings with Oxygen
- Content
- Storefront Search
2 – Cart and Checkout
These are probably the most crucial of all the Shopify commerce components since they decide the customer journey in your store. Here are the key features of Shopify cart and checkout components:
- Cart
- Checkout Platform
- Payments Platform
- Tax Platform
- Fraud Protection
3 – Core Commerce
These are the most enhanced set of Shopify commerce components for enterprises and merchants. From arranging product catalogs for customers to handling international sales and marketing campaigns, core commerce components by Shopify have pretty much everything you need to double your store performance. Here’s what you get on the list of core commerce components:
- Product Catalog
- Custom Data Models
- Cross-border Selling
- Subscriptions
- Customer Data
- Discounts
- Functions Extensibility
- B2B
4 – Data and Compliance
For business success and desired brand awareness, compliance policies and insights into customer and market data prove critical. Shopify’s data and compliance components stand by you and enable you to align your strategic marketing campaigns seamlessly. The following are the key components in the data and compliance category:
- Data Analysis
- Marketing Insights
- Card Data and Vaulting
- Security and Compliance
5 – Shipping and Logistics
Success doesn’t only mean to outreach target customers and lock the desired sales. The post-sale experience decides whether your store is capable of retaining the existing and inviting more new customers. To cater to your post-sale management needs, Shipping and Logistics components are a must. Below is the list of Shopify commerce components in this category:
- Fulfillment
- Order Management
- Inventory
- Returns
- Shipping Labels API
6 – Omnichannel
Customer support is at the forefront of sales and marketing in the e-commerce landscape. Today is a time of omnichannel support, which has left behind all the conventional mediums. If you are also planning to associate yourself with Shopify for enterprises, you must have the following omnichannel components:
- Point of Sale (POS)
- Social Commerce
- Chat & Support
How is Shopify Plus Different from Shopify Commerce Components?
The key difference between Shopify commerce components and Shopify Plus is that the first is used by and designed for enterprises and retailers, while the latter is made for digital-first brands. Building custom experiences and integrating them into the commerce stack seamlessly is super-fast, convenient, and automated for enterprises using commerce components.
A couple of more differences are explained below:
1 – The Difference of Pricing
Shopify Plus comes with a standard pricing structure of a 0.4% variable fee while offering a 0.15% discount on the usage of Shopify Payments (minimum $2000/month revenue required). On the other hand, commerce components by Shopify have varying prices based on the following four principles:
- Modular:
Retailers need to pay only for the components they have chosen.
- Based on Usage Tiers:
Choosing this option allows retailers to pay a price based on the usage of each component. It also allows for decreased unit costs with incremental usage.
- Predictable:
This option contains annual pricing plans where retailers already know what exactly they have to pay according to what they have chosen for their needs.
- Bundle Discounting:
This option enables retailers to add to the list of discounts by picking more and more components. It means that discounts increase as you commit to more Shopify commerce components.
2 – Support
Shopify Plus provides the facility of Customer Success Manager and Launch Support for merchants. However, commerce components retailers get access to an enhanced set of features such as:
- Shopify Professional Services
- Enterprise-Grade SLAs
- Dedicated Account Team
- 24/7 Priority Support
Who Should Pick Commerce Components – Everyone or Only Someone?
It’s been already made clear by Shopify that commerce components aren’t for everyone but are specifically designed for retailers and enterprises. Shopify further specifies that only retailers and enterprises generating above £500M in revenue can benefit from commerce components by Shopify. Considering such limitations, it’s clear that retailers managing multiple or several brands, having large teams, and/or selling offline and online will benefit most from these components as they fall under the category of Shopify for enterprises only for now.
Are Other Retailers Already Using Commerce Components?
Given the convenience, automation, and advanced building framework, commerce components by Shopify are being utilized by several large brands and retailers. A few of them are listed below here:
- Mattel
- JB Hi-Fi
- Glossier
- Coty
- Steve Madden
- Spanx
- Staple
Wrap-Up – Why Should Retailers Choose Shopify Commerce Components?
As businesses grow and enterprises continue to make progress, most retailers turn towards building large technology infrastructure to expand their brand’s canvas. Such initiatives require a lot of effort, budgets, and expertise to reach the goals. Shopify commerce components make it way easier, smooth, seamless, and time-saving for enterprises and retailers to benefit from a larger technology stack specifically designed for commerce, which they can integrate into wider stores.
With a range of top-notch and advanced tools and features, retailers have great flexibility, which helps them reach their business expansion goals faster. If you are an enterprise retailer looking for such an advanced solution for your business, you can seek help from an industry expert like Uptek.