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We love Craft Commerce as an ecommerce solution for clients that need custom features and integrations, or flexible content tools that aren’t easily met by off-the-shelf hosted solutions. It seamlessly integrates with Craft, the CMS with the best authoring experience on the web, setting it apart from competitors like Shopify.

The latest update, paired with the introduction of a first-party Stripe plugin, offers even more tools for businesses seeking world-class ecommerce without compromising on excellent content, great user experience, and fully custom user interface design.

Let's explore the features we're most excited to bring our clients in the recent Craft Commerce updates.

Key Features of Craft Commerce 5

Craft Commerce 5 introduces several enhancements that address common challenges for established and fast growing ecommerce businesses.

Multi-store Management

Craft has supported multiple sites in one installation for quite some time; but previous versions of commerce allowed only one store, regardless of how many sites existed. Now in version 5 you may create up to five separate stores, and connect each store to one or more sites. Each store can operate with its own base currency, allowing for greater control over international operations. Products can be enabled, priced, and discounted independently on each store, offering another level of flexibility.

Inventory Locations

The latest update brings support for managing inventory across five unique locations. This feature is particularly beneficial for businesses with complex supply chain needs as it is now much easier to track supply levels across multiple warehouses.

Catalog Pricing

Craft Commerce 5 makes it easy to set up tiered pricing modules, volume discounts, and special promotional pricing. For businesses who sell through multiple distributors and partners it is significantly simpler to make your ecommerce store reflect your company’s pricing model.

Product Revisions and Variant Indexes

The introduction of drafts, autosaving, and versioning for products provides a safety net for content managers, allowing for more confident product updates. This feature brings Craft Commerce more in line with the authoring experience found in Craft CMS. It's also now simpler to manage extensive product catalogs through the introduction of variant indexes, streamlining the management of products with numerous variants.

The New Stripe Plugin

The new Stripe plugin for Craft Commerce 5 allows synchronizing of products, subscriptions, customers, invoices, and payment methods into Craft Commerce. This unlocks a more cost-effective implementation solution with a global leader in online payments. Benefits include:

  1. Seamless Data Sync: With the new Stripe plugin you can view your subscriptions, customer data, and more without leaving the Craft dashboard..
  2. Enhanced Customization: Products and subscriptions can be extended with custom fields, providing businesses with the flexibility to tailor their product information and descriptions based on the specific needs and expectations of their clients.
  3. Cost-Effective Migration Path: The plugin supports migrating existing subscriptions from Craft Commerce, making it an attractive option for businesses looking to enhance their payment processing capabilities without significant additional investment.

The Stripe plugin is now free, making it an ideal solution for businesses looking to upgrade their payment processing capabilities without a large additional expense.

What It All Means for You

If you're adopting Craft Commerce for a website overhaul, or updating to Craft Commerce 5, you can expect to gain a few important advantages:

  1. Improved Operational Efficiency: The multi-store and inventory management features can significantly streamline operations, especially for businesses managing multiple brands or complex inventory systems.
  2. Enhanced Customization: The ability to extend products and subscriptions with custom fields allows for more tailored customer experiences, further widening the gap between Craft Commerce and its competitors in support for robust content strategy.
  3. Scalability: As businesses grow, Craft Commerce 5's enhanced features provide the flexibility to adapt to changing needs without necessitating a platform change. This will save your business money as you expand.
  4. Simplified Payment Integration: The Stripe plugin offers a more seamless payment experience, potentially reducing cart abandonment rates and improving overall customer satisfaction.

Ready to Elevate Your Ecommerce Platform?

The release of Craft Commerce 5 and the new Stripe plugin deliver a significant leap forward in our ability to support fully custom ecommerce solutions. For mid-market to enterprise businesses looking to enhance their online retail presence, these tools offer a powerful combination of flexibility, scalability, and integration.

Ready to improve your ecommerce capabilities while giving your team better content creation and management tools? Let's start a conversation about how Craft Commerce 5 and the new Stripe plugin can help you meet your marketing and sales goals.