Small Businesses Move To Shopify
The Coronavirus pandemic, lockdowns and deserted high streets have led to many small businesses being forced to switch to online stores, with Shopify being the destination for many of these shops. Many business owners have been reluctant to open online stores preferring instead to market and sell their products from physical retail stores. But with business owners seeing massive drops in sales, nearly all have been forced to move to online storefronts.
In the United States, the Commerce Department reported that e-commerce sales had jumped 37% to $200 billion in the second quarter of 2020, a rise that experts did not expect to happen for many years to come.
Shopify is software that allows companies and individuals to quickly create an online store. Shopify is an all-in-one e-commerce solution which means website hosting and the purchasing of domain names is included in one console and can be more convenient for people unfamiliar with creating websites.
Business owners add imagery of their products, shipping methods and rates and sell directly to customers. Shopify customers have to pay a monthly fee and a percentage of every sale that their storefront achieves.
Shopify Sees Huge Growth
Shopify has seen its revenue nearly double to $714.3 million in the second quarter of 2020, as the number of new stores created on the e-commerce platform spiked 71% from the previous three months. In August its share price rose to $1,000 per share and its market value is greater than eBay.
Shopify In 2020
Following the outbreak of the Coronavirus pandemic in March 2020, Shopify pivoted from its original plans and announced changes that it hoped would help small businesses. These new introductions included:
A 90 day free trial for new customers
Gift-card options
Online tipping
New delivery options
A search feature to locate items from all stores.
Shopify And World Options
For businesses looking to streamline bulk deliveries and get access to low-cost shipping rates at the same time, World Options offers a Shopify app that does just that. Once installed into your Shopify store, the World Options Global Shipping app will provide real-time and accurate shipping rates from leading carriers, such as UPS, FedEx, DHL, TNT & the Royal Mail, in addition to other features such as a dedicated account manager, one invoice and easy options to print the shipping label.
