Challenges like rapid technology evolution and shifting customer expectations make it imperative for enterprise retailers to innovate each day and remain competitive.
And to combat these challenges, they need a commerce solution to prioritize requirements, integrate and innovate without restrictions, and access trusted infrastructure components. Even though these commerce elements, when used together, offer incomparable benefits, these weren’t available in a single offering until the introduction of Commerce Components by Shopify.
For almost two decades, Shopify has been molding the future of retail by scaling its infrastructure to millions of merchants. By introducing the Commerce Components and opening access to Shopify’s infrastructure, Shopify envisions tapping the untapped potential of the biggest enterprise retailers in the world.
Commerce Components by Shopify: Understanding the ‘What’
Commerce Components by Shopify is a modern composable stack for enterprise retail. Here, the retailers can choose from various components of Shopify and integrate them with their existing systems.
Let’s dig into the complete list of Commerce Components by Shopify and explore how these enable eCommerce brands to scale.
This component enables enterprise retailers to build storefronts by selecting a preferred framework and hosting provider. It includes
a) Headless API for creating unique commerce experiences for any platform, from the web and mobile applications to VR and 3D models.
b) Headless SDK, Hydrogen, Shopify’s React-based framework that can be launched on Oxygen or a retailer’s existing hosting provider.
c) Low-Code Storefronts to build enterprise-scale storefronts with Liquid (Shopify’s customizable templating language).
d) Headless Hosting to deploy Hydrogen with one click and no extra cost on Oxygen (Shopify’s built-in hosting platform).
2. Cart and Checkout
This component helps increase revenue by building an extensive cart and checkout experience. It includes the following activities.
a) Building a cart unique to your retail business, leveraged by Shopify’s API or cart app extensions.
b) Creating the world’s best, converting checkout platforms to reduce cost, effort, and risk.
c) Using the existing payment platform, integrating Shopify payments, or partnering with Shopify’s top 100 payment providers.
d) Creating a tax platform by combining Shopify’s tax technology with third-party services.
e) Keeping the revenue flowing with fraud protection, built on retailer-backed data.
3. Core Commerce
This component empowers enterprise retail businesses with the following commerce essentials.
a) Product Catalog with synched product information, pricing, and collections.
b) Custom-Data Models to represent unique business data and extend core workflows.
c) Cross-Border Selling System to sell, ship, and sale internationally.
d) Subscription solutions to derive predictive revenue and customer loyalty.
e) Customer data, integrated with the customer database to power growth and retention.
f) Discounts to target the right promotion strategy for the right customers.
4. Data and Compliance
This component enables eCommerce brands to derive more sales by maintaining accurate and secure customer data. It includes the following features.
a) Data Analysis to generate business insights and more.
b) Marketing Insights to build a data layer with secure events for connecting customers across devices.
c) Card Data and Vaulting to derive faster processing and higher authorization rates.
d) Security and Compliance with granular permissions, security controls, and more.
5. Shipping and Logistics
This component helps streamline an enterprise’s order logistics by performing the following activities:
a) Offering end-to-end logistics, from inventory and inbounding to freight and last-minute delivery.
b) Integrating the preferred order management system.
c) Connecting the inventory management system to sync in real-time.
d) Building a centralized system for returns.
e) Getting the lowest labels on shipping APIs.
This component enables enterprise retailers to sell anywhere while getting a complete view of their business. Following are the activities involved in it.
a) Unifying retail and online sales to work with any point of sales system.
b) Implementing social commerce by selling products on the most visited social media platforms and online marketplaces.
c) Integrating chat and support products to build customized sales workflows.
Next, let’s explore the significance of the Commerce Components by Shopify on enterprise retailers.
3 Key Reasons to Use Commerce Components by Shopify
This modular set of tools provides brands with choice and flexibility, all while enabling them to improve performance. Let’s dive right into the detailed insights!
1. Flexibility and Choice
Commerce Components by Shopify provide flexible APIs with no rate limits, enabling brands to integrate their existing services with Shopify’s modular components. Brands are able to deliver a seamless experience to their customers across all devices.
What’s more? Enterprise retailers can mix and match the needed component and integrate them into their systems. The developers can also build with any front-end framework they find optimal.
Commerce requires quick and responsive infrastructures. With Shopify’s Commerce Components, enterprise retailers get access to globally-scaled infrastructure with more than 275 network edge points of presence. With this, they get the opportunity to build lightning fast storefronts.
3. Access to the Largest Commerce Ecosystem
By implementing Shopify’s Commerce Components, enterprise retailers can supercharge their stores with access to seasoned agency partners, top system integrators, a proficient account team, and 24/7/365 specialized support.
Commerce Components by Shopify have the potential to transform customer experience and increase ROI. With more than 30 modular components that can be integrated as per needs, brands get the opportunity to streamline their processes and witness growth.
Wish to Learn More About the Commerce Components by Shopify? Talk to Us!
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