They allow storing specialized product information.

Metafields are custom data fields for products.

Yes. Shopify supports multi-location inventory management.

The total physical inventory available.

Products reserved for orders not yet fulfilled.

Statuses include: Available Committed On hand Unavailable

Yes. Shopify tracks inventory quantities.

It highlights savings and encourages purchases.

It shows the original price before a discount.

No. A product can only have one category.