Shopify ran Reunite, the first-ever broadcast event for Shopify business owners. On this opportunity the merchant, partner and entrepreneurial communities came together to see features, share announcements about the future of commerce.
Shopify put together this overview of Shopify Reunite’s biggest announcements.
Table of contents
- Online store
- Omnichannel and marketing
- Back office
Business cash flow is always important for merchants. Financial support helps a lot in starting & growing business. Shopify releasing new products and features aimed at helping small business owners manage their finances.
[New] Shopify Balance
Today’s banking products aren’t designed around the needs of independent business owners. Shopify want to change that by empowering merchants with tools that help them take control of their business finances.
Shopify introducing Shopify Balance; financial products built for business owners and entrepreneurs.
Shopify Balance will include:
Shopify Balance account. It is available within the Shopify Admin where merchants can get a view of their cash flow, pay bills, track expenses and make decisions about the future of their business, with no monthly fees or minimum balance.
Shopify Card. Physical and virtual cards that merchants can use to access their money faster, when spending in-store, through mobile, or online.
Rewards. Shopify working with their partners to offer cashback and discounts, designed for everyday business spending.
It launches in early access later this year to merchants in the U.S. first, and will expand to other countries in the near future. Learn more about Shopify Balance.
[Update] Shopify Capital
Shopify Capital is a program that helps small businesses easily access financing. Merchants in eligible countries can apply for funding within their Shopify account and, when approved, will see funds in their bank account within a few days.
Shopify issues financing amounts that range from $200 to $1,000,000 and doesn’t focus on personal credit history.
Shopify recently expanded Shopify Capital outside of the U.S. to include the United Kingdom and Canada. Learn more about Shopify Capital.
[New] Shop Pay Installments
Shopify announcing the launch of Shop Pay Installments, coming to merchants and buyers in the U.S. later this year.
Shop Pay Installments allow buyers to pay for purchases in four equal payments over time, with no interest or fees. Merchants will receive the full purchase amount upfront, and Shopify will collect the remaining installment payments, meaning there’s no risk to merchants.
Installments will be fully integrated into the Shop Pay accelerated checkout.
Clients can join the waitlist for Shop Pay Installments.
2. Online store
More brick and mortar businesses than ever before are turning to online.
Shopify evolving the online store to help new merchants. There are new tools and avenues available to Shopify Partners that will enable them to help more business owners.
[New] Express theme
Shopify releasing tools and resources to help new business get online faster. One of these new resources is a free Shopify theme called Express.
Express is designed for a one-page shopping experience, and optimized for mobile. Any business that needs to get online quickly can benefit from Express.
Check out the Express theme.
[New] Gift cards
Shopify temporarily made gift cards free for all Shopify plans. Enabling gift cards is a good way to help merchants who may not be able to sell all their products right now.
As more new businesses move online, Shopify decided to build tipping into the online checkout flow to allow buyers to continue showing their support.
Tipping in the online checkout is now available. Learn how to set up tips for your client’s online store.
[New] Selling internationally
Shopify also launching additional features to the online store that benefit international merchants and their buyers. These include two new features.
Merchants will soon be able to use local domains, enabling them to assign individual domains to a country or currency, as well as a language or set of languages. Stay tuned for more updates and information on the launch of local domains.
Later this year, merchants using multicurrency will be able to maintain a stable price for products, even as currencies fluctuate. That means that merchants can sell in 133 different currencies, get paid in their own, and still show a stable price to shoppers.
Merchants can advertise effectively without worrying about changing product prices.
[Update] The new online store design experience
Shopify told merchants about how this feature allows them to drag and drop different sections to any page of their online store, allowing them to customize all their pages without writing a single line of code.
Shopify launched two new app extensions in January. You can learn more in the post on working with online store app extensions.
[Update] Checkout and subscriptions
In working on subscriptions, Shopify working on making the checkout process more extensible and customizable, allowing apps to integrate more easily into the checkout workflow.
You can expect to see more improvements coming to checkout soon, including subscriptions and upsell functionality.
3. Omnichannel and marketing
Shopify releasing a number of features to help merchants prepare for the omnichannel present and future.
[New] The all-new Shopify POS
Shopify released our all-new Shopify POS this month; a fully redesigned, rebuilt, and extensible point-of-sale system with omnichannel capabilities at the forefront.
As the all-new POS evolves, we will be adding new features to help merchants truly build resiliency for their businesses, now and in the long run. These include:
Contactless checkout: Shopify introducing an additional contactless payment method for those who don’t have access to Google & Apple Pay options. Soon, buyers will be able to simply scan a QR code to pay for in-store purchases via their phone, using Shopify’s online checkout. This new option will help support physical distancing in stores, even when tap isn’t available.
See what’s in-store: Soon, buyers will be able to see what merchants have available in-store via their website.
Shopify made all the additional features of POS Pro free for everyone until October 31st, 2020.
Learn more on our blog about the all-new Shopify POS.
[New] Shopify Email
Shopify launched Shopify Email in April 2020 for this reason.
Shopify also launching additional features that the clients will soon be able to leverage, such as more email templates, including one for curbside pickup.
Shopify Email will be free for all merchants until October 2020.
[New] Free listings on Google Shopping
Shopify partnered with Google to allow merchants to list their products for free on Google Shopping, through Shopify’s Google Shopping app.
Learn more about how to list your client’s products for free on Google Shopping.
[New] Facebook Shops
Shopify also joined forces with Facebook to launch Facebook Shops; a new shopping experience that allows merchants to build a simple, branded version of their online store within Facebook and Instagram, syncing right from Shopify. The Facebook Shops feature is rolling out to all merchants over the coming months. Learn more about Facebook Shops.
[Update] Shopify Ping
Shopify Ping is our free messaging app that lets merchants talk to customers and answer their questions, giving buyers better confidence in their purchasing decisions. It integrates with popular messaging platforms, such as Apple Business Chat, Facebook Messenger, and Shopify Chat, allowing buyers to use their preferred method of chatting with merchants.
The clients can sign up for the Android waiting list on our Ping homepage.
[New] Shop and Shop Channel
Shopify brought together features from Arrive and Shop Pay to create our brand new personal shopping assistant, Shop.
With the shop local feature, Shop lets buyers find nearby merchants, enabling them to support local businesses.
Shop will become a free channel inside of Shopify that is available to all merchants, alongside their online store and POS. Merchants can now activate Shop Pay in their admin, and add Shop’s notifications to their order status page.
4. Back office
Shopify releasing updates that help merchants move faster and work smarter in their back office.
[New] Product states
With product states, merchants will be able to create a product and save it as a draft, add more details later, hand it over to a team member, and publish it when they’re ready. They will also be able to archive products (a long-requested feature).
[New] Faster product creation
Soon, merchants will have the ability to set up products directly from a phone. Capturing product photos, adding the required details like title, price, and variants, and scanning the barcode can all be done from a phone’s camera, including photos for each variant. When the merchant is ready, products can be reviewed and published directly from the phone.
[New] Purchase Orders
Shopify Purchase Orders lets merchants order, track, and receive inventory from their suppliers. Coming soon, inventory can be received using the scanning feature on Shopify’s mobile app, which makes updating inventory counts easier and more accurate.
Purchase orders is currently in the process of rolling out to all merchants, and is accessible via the Shopify Admin.
[Update] Orders list page
Now, the orders list page displays relevant order information, like customer details, items on the order, delivery method, order notes, and tags, at a glance.
Learn more about how the updated orders list page helps merchants work faster.
Here’s how Shopify continuing to build our shipping and fulfillment features.
[New] Delivery and pickup methods
In the past few months, the way people shop locally has changed.
We have two updates to help with this.
Local and curbside pickup
Merchants now have the option to allow customers to pick up orders in-store, curbside, or from any location they choose. Notifications on the all-new Shopify POS will allow store staff to see when a buyer has arrived for curbside pickup.
Learn more about local pickup for online orders.
Shopify also built the Shopify Local Delivery app, which helps merchants create optimized delivery routes that can be shared with staff. With the app, merchants can also send customer notifications when deliveries are on the way. It will soon be available to all merchants globally. Learn more about local delivery.
[Update] Shopify Fulfillment Network
In the past year, Shopify invested heavily in this network, to make fast, inexpensive shipping the norm.
One year in, and the Shopify Fulfillment Network now has:
- Seven warehouses across the U.S.
- Our first R&D center in Ottawa, Shopify’s hometown, where we test and improve our warehouse operations. Our aim is to offer Canadian fulfillment to merchants later this year.
- Robots! We acquired 6 River Systems in late 2019, and use their “Chuck” robots in our warehouses to help employees fill orders. Chuck allows for a 50 percent reduction in walking, and leads to fulfillment rates two to three times greater than average.
Shopify inviting merchants with essential and non-essential products to join us. Learn more and have your clients apply now.
Shopify introducing two tools to help with this.
[New] Storefront renderer
The new renderer will account for a 40 to 200 percent improvement in load times on live stores, helping merchants get better conversion rates globally.
[New] Online store performance dashboard
Shopify also be releasing an online store performance dashboard for merchants, which will allow them to understand how various actions, such as theme code customizations and app installations, impact their store’s speed.