Saturday, May 9, 2020

During Pandemic, Shopify Woos A Wave Of Small Businesses Eager To Get Online

Jan Buerge has owned her store for 35 years, but never made a serious effort to sell online until ... [+] now.

When the pandemic forced Jan Buerge to shut down World's Window, the Kansas City clothing and accessories store she opened 35 years ago, she jumped into crisis mode.

Buerge is one of thousands of mom-and-pop shops who have turned to the online sales platform since the pandemic closed their doors, sending the number of new Shopify-powered stores soaring 62% between March 13 and April 24. These outlets, along with the one million merchants already using Shopify, boosted gross merchandise volume 46% to $17.4 billion in the first three months of the year.

Publisher: Forbes
Date: 2020-05-08
Author: Lauren Debter
Twitter: @forbes
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Now, Shopify merchants can quickly turn their catalogs into shoppable Pins

A new app makes it much easier for Shopify merchants to create shoppable Product Pins in Pinterest.

The dedicated Pinterest app in the Shopify app store enables merchants to upload their product catalogs to Pinterest . It can automatically update products for Product Pins on Pinterest daily and add tagging to be able to track and measure performance. There is also an ads interface to run promoted Product Pins.

Publisher: Search Engine Land
Date: 2020-05-08
Author: https www facebook com ginny marvin
Twitter: @sengineland
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How Shopify CEO Tobias Lütke has created a new model of Canadian billionaire | National Post

Millennial billionaire Tobias Lütke, 39, makes quite a character under his trademark newsboy cap.

With a name like a Die Hard villain and a reputation for predicting the future, he runs the most valuable company in Canada, which he famously built out of a snowboard website.

His success in hosting the retail operations of businesses from multinational corporations down to kitchen table operations has marked him as a visionary long before Shopify had the market capitalization of nearly $120-billion to back it up. But much of it will be new to the average Canadian.

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Publisher: National Post
Date: 2020-05-09T14:00:26 00:00
Twitter: @nationalpost
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Subscribe to read | Financial Times
Twitter: @FinancialTimes
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Other things to check out:

As Shopify passes RBC to become No.
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Publisher: Financial Post
Date: 2020-05-08T15:11:20 00:00
Twitter: @financialpost
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Shopify Q1 2020: Strong subscriptions growth bolsters revenue | ZDNet

Shopify has pledged to redirect investments to assist merchants during the COVID-19 pandemic while also reporting strong Q1 results.

The e-commerce giant reported total revenue for Q1 2020 of $470 million, a 47% percent increase year-over-year. Net loss was $431.4 million or $0.27 per share. Adjusted, non-GAAP net income was $22.3 million, or $0.19 per share, in comparison to $7.1 million -- or $0.06 per share -- in Q1 2019.

Publisher: ZDNet
Author: Charlie Osborne
Twitter: @ZDNet
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Bloomberg - Are you a robot?
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New Shopify Point of Sale System for Small Business %%sep%% %%sitename%% - Small Business Trends

It helps merchants adapt and rebuild the future of retail, they say. And, it assists merchants in building and refining a solid omnichannel strategy.

Shopify's POS will bring in-person and online sales into one convenient location. The system helps sellers stay resilient and flexible, the company says.

Hence the importance for omnichannel retail solutions. Omnichannel retailing brings together a store's physical and digital shops. So, customers can connect to a retailer's online and physical shopping platforms seamlessly.

Publisher: Small Business Trends
Date: 2020-05-08T13:30:00 00:00
Author: https www facebook com gabrielle pickard
Twitter: @smallbiztrends
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