RFID Inventory for Shopify Launched by SimplyRFID at NRF Show

February 19, 2023

SimplyRFiD launched Wave RFID Inventory for Shopify. The software is said to increase revenue by 10%, providing merchants with quick and accurate inventory access. The company demoed the latest version, Wave 3.3.9, launched on January 20th at the NRF Big Show last month. SimplyRFiD's Wave RAIN RFID system generates weekly or daily inventories within minutes with 100% accuracy as opposed to the manual barcode counts that took hours and only produced 75-85% correct data. Once merchants sync their product tables to the Wave global accurate inventory system, it assimilates the product table from Shopify in a single click. It also creates an RFID tag for each item and assigns a product name through the UPC. SimplyRFiD Wave App runs on Apple iOS 16 and newer versions, connecting the CSL CS108 S, the most potent retail RFID scanner.

Littledata Platform Extends Complete Support for Shopify Checkout

February 3, 2023

Littledata, an ecommerce data platform for modern DTC customers and an alpha tester for Google brands, has automated its GA4 tracking services. The company has moved its complete server-side GA4 tracking system out of beta, giving complete Shopify and Shopify Plus checkout support. Implementing this first-party tracking solution eliminates the need for manual integration, Google Tag Manager (GTM) or Universal Analytics. The feature automatically captures recurring order features like revenue, conversion, and subscriptions. It also compiles checkout steps and upsell orders after purchase, sending this information to data destinations like Google Analytics, Segment, and Facebook Ads. Brands like the skincare brand Geologie have started benefitting from the new move by saving 50 developer hours using the new product.

New Integration to Streamline NFT Processes for Shopify Merchants

January 21, 2023

Shopify (SHOP) has a new integration that lets users design, mint, and sell Avalanche NFTs (non-fungible tokens). This integration helps Shopify merchants streamline their NFT processes. Retailers with minimal technical knowledge and no crypto wallet can sell their NFTs using the Venly Shopify Merchant App. The new NFTs turn into products automatically and can be displayed and sold on their storefronts. Instead of an existing crypto wallet, the merchants can access a new Blockchain wallet through an email link. The new integration simplifies Avalanche NFT sales from design to distribution. Shopify merchants also gain royalties on every secondary NFT transaction made via the Venly Market. With this venture, Shopify aims to nurture the expanding Blockchain ecosystem to promote direct NFT sales, increasing Web3 participation.

Commerce Components By Shopify (CCS) to Redefine Enterprise Retail

January 9, 2023

Shopify launched a new offering called Commerce Components by Shopify, a modern, composable stack for enterprise retailers, giving them access to Shopify’s powerful and trusted component infrastructure to integrate into their existing systems. With this feature, enterprise retailers get the element in one offering, giving them unique capabilities to tailor and scale their business and build eCommerce solutions that prioritize choices. CCS provides access to Shopify’s high-performance components like check-out and flexible APIs to create a front-end framework that provides a seamless customer experience. They can also use Shopify’s largest commerce ecosystem and globally scaled infrastructure. Renowned U.S. brand Mattel is the first company to utilize this opportunity and bring its entire brand portfolio to Shopify.

Shopify Initiatives to Scale Carbon Removal Create Ripples

December 31, 2022

Shopify dips its foot into the climate change arena in an ethical and eco-friendly move. Through Frontier, a committee co-founded with Stripe, Alphabet, Meta, and McKinsey Sustainability, the platform has backed six companies by investing $11 million to support carbon removal technologies. The companies are Arbor, Captura, Carbon To Stone, Cella, CREW, and Inplanet. The committee plans to spend $925 million on technologies to aid permanent carbon removal by 2030. Shopify’s Sustainability Fund has been in the works since 2019 and has helped various companies raise over $50 million, increased employee count by 5x, and expanded their carbon removal capabilities 1000x. The Sustainability Find has added nine new businesses to its portfolio, and Shopify currently backs 28 enterprises to reverse the climatic change.

Shopify Bags $7.5 Billion in Highest Ever Black Friday Cyber Monday Sales

December 21, 2022

This year Shopify set a record of $7.5 billion in sales from Black Friday and Cyber Monday weekend. It is a 19% jump from last year’s figures. Shopify’s survey noted more customers are shopping with intention during the weekend. 76% of the shoppers looked for long-lasting, superior-quality products. 84% of buyers compared prices for the best deals during the sales. Over 52 million customers purchased from Shopify-based platforms, a 12% hike from last year. Shopify touted this trend as the impact of independent businesses on the masses. November 25 witnessed the highest shopping volume at $3.5 million per minute at 12:01 PM EST; the average order value was $102.10. While London, New York, and Los Angeles ranked as the top-selling cities, the United States, the United Kingdom, and Canada became the top-ranking countries.

POS Go From Shopify Gives New Shopping Experiences to Retailers

December 14, 2022

The new retail hardware from Shopify, POS Go, is expected to give merchants of all sizes the capability to deliver innovative in-person shopping experiences. Offline retail has made a huge comeback, and the platform is leveraging the trend. The idea is to give businesses a counter-to-curb experience, making sales possible from any location and giving customers access to detailed product information, customer notes, and purchase history to augment the in-store experience. An integrated card reader, Wi-Fi, and Shopify Payments make transactions quick and secure. With POS Go, traders get a unified view of their business. Once they make an update in Shopify admin, they can access sales, analytics, and inventory across channels. The information syncs automatically across businesses to give a seamless view.

Shopify Introduces Flex Comp to Change How Compensation Works

November 27, 2022

Shopify introduced Flex Comp to simplify the compensation process at the company. They aim to redefine the future of remuneration and plans to extend the feature outside Shopify in the future. The structure is based on three key elements. By bringing the agency to the employees, the company empowers them to choose how they want their compensation with respect to cash or equity. Shopify brought more clarity to the remuneration structure through their UX design bundles that listed all parameters of total rewards as a one-stop shop for understanding pay structure. The third parameter is impact. They have set employee remunerations to grow based on the positive impact they create on the firm’s mission. Shopify made this pay structure overhaul to avoid disparities in compensation based on feedback from teams worldwide.

Shopify Markets Pro to Promote Cross-border Commerce

November 11, 2022

Following the success of Shopify Markets, Shopify launched Markets Pro in partnership with Global-e to simplify cross-border commerce. The latest cross-border merchant-of-record offering focused on effortlessly helping merchants expand their business to over 150 countries overnight. Markets Pro manages tax and duty compliance, provides negotiated competitive international shipping rates with DHL, and creates simple and seamless customer experiences by offering payments in local currencies, supporting multiple payment methods, and avoiding hidden duty fees. They also introduced Shopify Translate and Adapt to make the purchase journey faster and error-free for local customers. The solution translates websites into different languages employing machine and manual translations. It also adapts the content in sync with the targeted market.

Shopify Capital Launches in Australia to Support Business Growth

October 25, 2022

Shopify Capital, launched in 2016, funded businesses across the US, Canada, and the UK, with over $3.8 billion USD disbursed to tens of thousands of entrepreneurs. It has been extended to the merchants in Australia to prepare for the peak season sales that are coming up. It is also an intelligent move from Shopify to expand its market in Australia. Launching Shopify Capital presents Australian businesses with a greater scope to build their brand both in their country and internationally. Unlike traditional financing, Shopify Capital does not need a lengthy and complex application process. The process also avoids personal credit checks, taking equity in the business, or asking merchants for cash flow projections. Merchants can receive up to $2.5 million AUD through their Shopify store in as little as two business days to support their enterprise.

Shopify Prepares to Connect With Creators Through Shopify Collabs

October 12, 2022

Shopify's new launch lets millions of creators partner with Shopify merchants to sell the products of interest through their socials and share profit. Shopify extends its integrations into social platforms by launching Linkpop, Starter plan, and, recently, Collabs. The platform aims to give creators economic independence by partnering with independent brands. Only 4% of creators make full-time content from an estimated $100B worth of creator economy. Shopify merchants get a new sales and marketing channel to find an unexplored customer base as they eagerly follow the influencers for recommendations. Creators can apply for a Collabs account and find merchants that align with their interests. They can then partner with the sellers and market the products through their pages. The creator gets a share of payment for every sale through their medium.

Shopify Functions Give Backend Logic to Businesses

September 27, 2022

Shopify Functions is Shopify's new pathway to renew the backend Shopify logic with custom code. The new venture gives Shopify increased flexibility and scalability at enhanced speed to accommodate any business need. With Shopify Functions, developers get to integrate custom code into the existing backend logic. The feature offers the flexibility of open-source platforms without the burden of managing the hosting, security, and forked code. Unlike Scripts, exclusive to Shopify Plus users, any user can access Functions. While Scripts needs Ruby code knowledge, users can install Functions with an app. They can configure it directly in the Admin to sell to millions of merchants on the Shopify App Store, which is an untapped market. The tool also has multiple Discount Combinations that allow for creating custom bulk discounts.

Ecommerce News Platform: Shopify News