Do You Need Shopify Commerce Components?

Shopify powers approximately 10% of all US e-commerce shopping experiences for 561 million shoppers in 2022 alone. With the e-commerce landscape rapidly evolving, Shopify continues to expand its platform. Shopify Commerce Components are one such upgrade that offers a stack designed specifically for Shopify enterprise retail.

In this article, we’ll discuss what Shopify Commerce Components are, how they differ from Shopify Plus, and whether they’re a good fit for your business.

What Are Shopify Commerce Components?

Shopify Commerce Components is a suite of over 30 modular components. Businesses can pick and choose to integrate into their existing e-commerce services.

These components span six categories. They offer core support to ensure seamless front and back-end management of e-commerce operations.

Who Is Shopify Commerce Components For?

Shopify Commerce Components are specifically designed for enterprise retailers who generate revenue over $500M USD. This solution is best suited for businesses that manage many brands, sell online and offline, and have large teams.

By providing tech stack customization, Shopify Commerce Components cater to the unique needs of large-scale retail operations. They mark a significant step forward for Shopify in serving the enterprise market.

Shopify Commerce Components vs. Shopify Plus

The main difference between Commerce Components and Shopify Plus lies in their approach. While Shopify Plus is an all-in-one e-commerce solution, Commerce Components offers a selection of modular components that retailers can use to create custom experiences.

This allows enterprise retailers to have greater control over their tech stack. Retailers can select only the components they need that align with their business goals.

Custom Tech Stack

With Commerce Components, retailers can now build a custom tech stack by integrating specific components from Shopify’s suite.

This flexible approach allows businesses to optimize costs and future-proof their tech stack. Additionally, it helps retailers to adapt to evolving business demands without overhauling their entire infrastructure.

Pricing

The pricing for Shopify Commerce Components is usage-based and depends on the number of components a retailer chooses to use. Shopify has not released public pricing information. They prefer to tailor prices based on the specific requirements needed by a retailer.

Support

Shopify Commerce Components provide access to Shopify Professional Services, enterprise-level SLAs, and a dedicated account team. This ensures that enterprise retailers receive the best support and help from Shopify experts.

Features and Functionality

Commerce Components come ready with no API limits and can handle up to 40,000 checkouts per minute per store, providing increased product variant limits and an expanded feature set.

Bandwidth and Limits

Shopify Commerce Components provide the necessary bandwidth to manage large-scale operations. They are an ideal solution for businesses with huge traffic and sales volume.

Time to Launch

The time required to launch Shopify Commerce Components will vary based on the specific needs of each retailer. It may take longer than typical Shopify Plus projects due to the customization involved.

Types of Shopify Commerce Components

Here are the different types of Shopify Commerce Components, divided into six categories:

Storefront Components

This category offers a versatile set of APIs designed to build headless front-end experiences. With these APIs, businesses can create unique and immersive commerce experiences across various platforms, including web, mobile apps, AR, VR, and 3D models.

By leveraging this flexibility, brands can tailor their storefronts to match their preferred framework and hosting provider, ensuring a seamless and customized user interface.

Cart and Checkout Components

Incorporating Shop Pay into your cart and checkout process has proven to be a game-changer for boosting conversion rates. Shopify’s research reveals that simply utilizing Shop Pay can lead to a 5% improvement in checkout conversion compared to using a standard checkout method.

The real magic happens when Shop Pay is fully implemented. This accelerated checkout option has the potential to achieve an astounding 50% increase in conversion rates when compared to guest checkout.

Notably, this performance surpasses other accelerated checkout solutions by at least 10%, solidifying Shop Pay’s effectiveness as a powerful tool to drive higher conversion rates for online businesses.

Core Commerce Components

This group covers a wide array of essential commerce features, from managing comprehensive product catalogs to facilitating cross-border selling for global expansion.

Additionally, it includes customer data management, empowering businesses to power growth and retention with accurate customer insights integrated into their centralized customer databases.

Furthermore, this category offers customizable discounts, subscription solutions for predictable revenue, and functions extensibility to change backend business logic to suit unique checkout requirements.

Data and Compliance Components

Data analysis and marketing insights are crucial for businesses to make data-driven decisions. Shopify Commerce Components offer APIs in this category to generate valuable business insights with ShopifyQL, a query language custom-built for commerce.

Moreover, these components address data privacy concerns with card data and vaulting solutions, while also ensuring adherence to security controls and SOC 2 compliance.

Shipping and Logistics Components

The efficient handling of order logistics is pivotal for an optimal customer experience. This category provides a suite of solutions, including fulfillment services that cover inventory, inbounding, freight, and last-mile delivery.

Additionally, businesses can integrate their preferred order management systems and use inventory management solutions that offer real-time synchronization.

The centralized system for returns allows retailers to keep track of how returns impact their bottom line. Moreover, the integration of the Shipping Labels API facilitates access to the lowest shipping rates for enhanced cost efficiency.

Omnichannel Components

For businesses aiming to expand their presence across various selling channels, this category proves indispensable. It includes integrations for seamless point-of-sale (POS) experiences, enabling a unified view of retail and online sales.

Social commerce integrations allow businesses to sell products directly on popular social media platforms and online marketplaces, all within the Shopify ecosystem.

Lastly, by incorporating chat and support products, enterprises can build custom sales workflows to cater to their customers’ needs efficiently.

Conclusion: Shopify Commerce Components

In conclusion, Shopify Commerce Components offer a powerful solution for enterprise retailers to build custom e-commerce experiences. By leveraging these components, enterprise retailers can optimize their online presence, enhance customer experiences, and streamline operations.

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