7 Benefits: How Composable Commerce Lowers Total Cost of Ownership!

Composable Commerce isn't just a trendy term in the world of e-commerce; it's a game-changer. Businesses constantly search for ways to cut expenses and increase profit margins. That's where the concept of Composable Commerce comes into play, ensuring a lower long-term total cost of ownership. But how is this feat achieved? Let's explore.

Composable Commerce Lower Total Cost of Ownership

In today's fast-paced eCommerce industry, flexibility and adaptability are paramount. Traditional eCommerce platforms often lead to high costs due to rigid structures. Composable Commerce, on the other hand, offers a more cost-effective alternative. How, you ask?

1. Modularity at Its Best

Composable Commerce allows businesses to pick and choose the components they need. This modular approach means they don't have to pay for unnecessary features, significantly reducing costs. Furthermore, modularity enables merchants to optimize their operations to assist and service customers, thereby growing their business.

2. Future-Proofing Business Operations

With a composable approach, built API-first, updating or replacing individual components becomes easier, faster, and, most importantly, cheaper. Businesses no longer have to overhaul their entire system, saving time and money.

3. Enhanced Scalability

Need to scale up for a holiday sale? Or scale down in the offseason? Composable Commerce built using Serverless infrastructure provides the flexibility businesses need without the hefty price tag attached to scaling traditional systems. Additionally, lost business due to server crashes is a long-term cost - those visitors won't return.

4. Seamless Integration

Integration costs can be a nightmare in a rigid, closed platform. Modern, Composable platforms can easily integrate with other systems, reducing the integration costs often plaguing businesses.

5. Reduced Maintenance Costs

Due to its modular nature, maintaining a composable system is typically more manageable and less expensive than traditional systems. For example, changes to one part of the system will not affect other functions, which generally is the case with conventional platforms.

6. Reduced Development Costs (and increased pace)

Composable Commerce ecosystems, if done right, are framework agnostic. Developers are not limited to one specific framework to build the customer-facing front-end. Instead, they can choose the most effective, easy-to-use alternative resulting in a significantly higher development pace. Additionally, recruitment will become cheaper if merchants don't have to hire highly specified roles to work on obsolete technology.

7. Payment solutions

Using a traditional platform often gives you access to built-in payment functionality, which is usually a positive thing when starting out. But look out for hidden costs. You may see that the credit card and currency conversion fees are high and out of your control. With a composable approach, you will have more control. You can streamline your setup for different markets and ways of payment.

Conclusion

Composable Commerce isn't just another buzzword. It's a transformative approach to eCommerce that offers tangible benefits. If lowering the total cost of ownership is on your agenda, it might be time to explore the composable route. After all, in the competitive world of online retail, every penny saved is a penny earned. Speak to us to get started.

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