When launching an ecommerce platform, you come across a large number of new concepts and terms. An ecommerce platform is diverse and contains products, catalogs, and management tools. Gone are the days when an omnichannel presence is all it takes for ecommerce stores. Today’s tech advancements require multichannel platforms. This allows businesses to have a multiple-store presence, and an online presence to enhance their customer’s retail experience. It’s necessary for an ecommerce platform to have a merchandise management system where customers search for a product, add to cart, and check out.
Catalogs and inventory need to be well sorted and managed to ensure a smooth customer experience. In creating and maintaining a catalog, a unit called SKU or Stock Keeping Unit is a well-known term.
An SKU is an identification code for the products and is unique for each product residing in the store. It is generally a combination of numbers and alphabets. When the products are similar, SKUs are the differentiating element for classifying every single product.
If there are 5 blue bags in the inventory, the SKUs could be BLU1001, BLU1002, BLU1003, BLU1004, and BLU1005. This gives every bag a unique code for tracking inventory, product success, and other metrics.
Finding an affordable, yet comprehensive, ecommerce platform is a common goal for business owners. Certain parameters decide which content management system can make a diverse commerce platform that is cost-effective. These parameters include the number of monthly/annual API calls or SKUs and catalog item management limits.
While doing ecommerce platform research at the start of your replatforming process, set up a rough estimate of the number of API calls or SKUs required. However, with business growth, these figures only go higher. The number set at the beginning can start to increase drastically and pricing creeps higher if basing pricing on these parameters.
For many business owners, these nitty-gritty details cannot be overlooked when selecting a commerce platform. Data migration from one commerce platform to another is a lengthy process. Instead, opt for a price-friendly solution that does not consume revenue as business grows.
UpStart Commerce Offers Unlimited SKUs
UpStart Commerce offers unique and diverse features with a budget-friendly option for your business. We provide you with an UNLIMITED number of SKUs, as well as an unlimited number of product catalogs. As you manage your product catalogs, you are able to assign as many dynamic properties as needed. We make the management process simple so you can relax as your business grows, without any concerns about increasing prices.
The freedom to add and manage an unlimited number of SKUs is a massive benefit for your commerce platform. Check out our comprehensive platform with exceptional features: UpStart Commerce Portal, smart search engine, microservices architecture, and auto-scaling for peak times.