Friday, July 24, 2020

Shopify Is Seizing An $80 Billion Pot Of Gold

You probably recognize most of these stocks. The 2020 column reads like a "who's who" of the most popular US stocks today.  But you'll notice a strange pattern when you look across all three columns.

The list completely changes every decade. In other words, most of the world's dominant companies falter and fall out of the top 10. Only Microsoft has maintained its position since 2000.

And usually when a stock drops off the list, it does not decline gracefully. Investors who owned it get  crushed . For example, from 2001–2018,  General Electric (GE)  stock plunged 79%,  Cisco (CSCO)  collapsed 89%, and  Intel (INTC)  dropped 56%.

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Publisher: Forbes
Date: 2020-07-24
Author: Stephen McBride
Twitter: @forbes
Reference: (Read more) Visit Source



Other things to check out:

Common Shopify SEO pitfalls and how to avoid them

Shopify store owners looking to maximize their organic visibility have a number of pitfalls to navigate, some of which are inherent to the platform itself and others that are common to e-commerce sites. Overcoming these SEO challenges in Shopify can help sellers increase rankings on Google and organic search visibility.

The problem. Shopify does not allow store owners to edit their robots.txt file. This is an issue because the platform creates duplicate URLs for products associated with a collection/category page.

Publisher: Search Engine Land
Date: 2020-07-23
Twitter: @sengineland
Reference: (Read more) Visit Source



Is a Beat in Store for Shopify (SHOP) This Earnings Season?

Shopify Inc . SHOP is slated to report second-quarter 2020 results on Jul 29.

The company refrained from providing second-quarter guidance citing COVID-19 induced uncertainties prevailing in the market.

The Zacks Consensus Estimate for revenues is currently pegged at $502.97 million, suggesting growth of 38.95% from the year-ago quarter.

The Zacks Consensus Estimate for bottom line is pegged at break-even, which narrowed from a loss of one cent in the past seven days.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
Reference: (Read more) Visit Source



Shopify: The Canadian tech champion taking on Amazon - BBC News

When the pandemic forced Pizza Pilgrims to close its 13 stores in London and Oxford in March, the business went from making 30,000 pizzas every week to zero. Of the 276 staff, 270 had to be furloughed.

While they opened one store in April to manage delivery, founder Thom Elliot still needed to find another way to make up for the lost revenue. "I tried to think of something that would serve our customers, who kept calling us, and also keep us relevant during these times," he says in an interview.

Publisher: BBC News
Author: https www facebook com bbcnews
Twitter: @BBCWorld
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Not to change the topic here:

How Can Legacy Retailers In The U.K. Thrive In The Era Of Amazon And Shopify?

Toronto , Canada - 22 May 2019; Tobias Lütke, CEO, Shopify, on Centre Stage during day two of ... [+] Collision 2019 at Enercare Center in Toronto, Canada. (Photo By David Fitzgerald/Sportsfile via Getty Images)

While the impact of the behemoth from Seattle cannot be underestimated, a growing number of digitally native brands, operating on platforms such as Shopify, are eating away at the sales of high street retailers, tiny bite by tiny bite.  

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Publisher: Forbes
Date: 2020-07-24
Author: Catherine Erdly
Twitter: @forbes
Reference: (Read more) Visit Source



How Shopify Conquered Fashion | Fashion-Tech, BoF Professional | BoF

The Canadian e-commerce platform is emerging as one of the pandemic's big winners. How will the company that made it possible for any brand to set up an online store use its newfound clout?

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Though their moves weren’t directly related to Covid-19, they join a stampede of companies that have turned to Shopify to help them with e-commerce, as retail stores shuttered in response to lockdown restrictions.

Publisher: The Business of Fashion
Date: 2020-07-23 05:28:32
Author: https www businessoffashion com articles author chavie lieber
Twitter: @bof
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2 Shopify Analysts Raise Outlooks Ahead Of Q2 Report On E-Commerce Acceleration

Shopify Inc (NYSE: SHOP ) has been a key beneficiary of the accelerating adoption of online shopping during coronavirus lockdowns. The e-commerce company is scheduled to report second-quarter results Wednesday, July 29.

Credit Suisse On Shopify: Analyst Brad Zelnick maintained a Neutral rating on Shopify and raised the price target from $700 to $850, citing more sustainable growth in gross merchandise value. 

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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What Shopify's Partnership With Affirm Means for the Buy Now, Pay Later Surge

Shoppers can currently divide their carts into four equal installments at Affirm's 6,000+ U.S. merchants. But as Shopify's sole BNPL provider, Affirm's access to online shoppers will exponentially increase. As of Dec. 31, 52% of Shopify's 1+ million merchants are U.S.-based.

Like folklore 's release, this partnership's timing is impeccable. As the pandemic-induced recession drove shoppers to embrace BNPL services...

Twitter: @morningbrew
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