Shopify Reunite 2020: A Quick Roundup All the New Announcements

Shopify Reunite 2020: A Quick Roundup All the New Announcements

By Softpulse Infotech, May 28th, 2020

Shopify Reunite 2020: A Quick Roundup All the New Announcements

In the unite event, Shopify also announces their future plans for merchants, new upcoming features, and several more exciting news for the merchants. However, due to the current pandemic of Covid-19, Shopify conducted the whole event through the live stream on YouTube. On 20th May 2020, the Shopify conducted the whole event online. 

Shopify has a wide roadmap for merchants and their businesses. In this blog, we will take you through all the key announcements by Shopify. We will discuss all the latest updates and new product announcements. Here is a quick roundup of all exciting announcements of Shopify Reunite 2020. So without further due, let’s get started.

Shopify balance

Shopify Reunite 2020

This is a whole new initiative announced by Shopify to help merchants manage their cash flows. The lengthy process of the banking sector fails merchants to get funds at the right time. The Shopify Balance allows merchants to get their hands on funds when they need them. The merchants can get the approval of the offer as per the sales performance of the store. Here are the leading aspects of this announcement.

 Shopify balance account

This is an account where the merchants can keep track of their cash flow, bills, and expenses. It helps businesses make quicker decisions about the future of their businesses.

 Shopify card

This is a custom card with the business name and logo on it. The card allows merchants to withdraw cash from ATMs when they need them. Hence accessing money gets easier for merchants.

Rewards

The merchants will get special rewards on business transactions such as discounts and other spendings on marketing & shipping. 

The early access to all the above-mentioned services will be availed in the US later this year. Such services can help merchants a lot in managing the funds for their business.

Store management gets easier with new back-office improvements

Shopify Reunite 2020

Shopify is helping merchants complete their regular tasks even faster. They are introducing several new features to make the store management simple. The new feature named “faster product creation workflow” allows merchants to add bulk products by entering a few key details on the single page. 

The merchants will also be able to create the draft and archive old products. This feature will help them organize products effectively. Shopify has also redesigned the orders page which makes the order management way easier. And the merchants will be able to manage, order, and receive inventory from suppliers directly through their store. The supplier communication gets easier with such updates.

And the Shopify is also introducing the centralized system for product returns. Hence there won’t be any additional systems or apps needed to manage the returns. Shopify is also rebuilding its online store engine. It will improve the store loading times drastically. The feature is currently being rolled out for plus merchants only. And will be available to all the merchants by the end of the year.

Better sales & marketing channels

Shopify Reunite 2020

Shopify is improving its sales channels. The users can find out about businesses with several sales channels. Whether it’s online, offline, search engine, social media, or any other forms, the multi-channel sales approach will increase the reach of the businesses. Here are the leading announcements.

Shopify POS

If the merchants have an offline store, this feature will help the offline store improve its reach. The shoppers can “see what’s in store.” There is a contactless checkout too. And several more updates are on their way.

 Shopify email

Shopify Reunite 2020

This is the native email marketing tool for Shopify. No experience or coding skills needed. Just prepare an engaging email copy, and Shopify helps you do the rest.

 Shopify ping

Shopify Ping is a special messaging app, currently available for iOS, and soon to be launched on Android too. The staff members or merchants can have a direct conversation with the shoppers as well as other staff members Using this app. This app could become a centralized solution for all business communication.

 Facebook & Google shops

With this feature, the merchants can increase their reach on both these platforms. The merchants can list their products on the Shopping tab of Google for free. The feature is available only in the US right now and will soon be availed throughout the world. And with the Facebook shop feature, the merchants can create the smaller versions of their store on their social accounts. The store will be automatically synchronized with Facebook and offers ease of use to the merchants.

Helping merchants to go online

Shopify Reunite 2020

Shopify is introducing several features to help merchants go online. With several new features, going online is getting easier and quicker. Here we will discuss a few of the leading features.

 Express theme

This is a new Shopify theme specially designed for small scale merchants. It allows them to quickly set up their one-page website. This mobile-friendly theme is a must-try for small scale business owners.

 Gift cards & tipping

The gift cards are available for every merchant out there. With the sales of gift cards, the merchants can generate short term cash flow. Tipping is also a new feature introduced by them. It can be used as a charitable donations cart, tip for the delivery persons, and many more during the checkout.

 Multiple store domain for the cross border businesses

Stores with an international presence can use this functionality. Personalize your multiple domain stores with different languages and currencies. Tweak your store according to the needs of local buyers. Shopify is also introducing the support for 133 local currencies. It will help merchants display rates in local currencies.

And there is also the feature of “Custom Foreign Exchange.” Which helps merchants get more control over providing transparent prices for the local buyers. Either go with automatic rates that update prices automatically or use custom rates according to your business needs.

Faster local deliveries 

Shopify Reunite 2020

Shopify is encouraging more and more local merchants by delivering better control over order delivery. With new features, the merchants can attract more and more shoppers to their business. The functionality of Curbside pickup & local delivery allows them to deliver a better experience. Let’s discuss them in detail.

 Curbside pickup

From now on, the shoppers are not required to keep waiting for their shipments to arrive at their doorsteps. Using this feature, Shoppers can pick up their orders from the nearest inventory location or curbside. 

Local delivery

This feature will be available soon throughout the world. The merchants need to define the local delivery area through the zip & postal codes or radius. And set the local delivery costs and minimum prize value. Now, whenever the shoppers place an order from the local delivery area, the new local delivery app will show shortened routes and notification. Such functionalities make the shopping experience even better.

New upgrades in Shopify Fulfillment Network (SFN) 

Shopify Reunite 2020

The Shopify fulfillment network is also getting upgrades. They have introduced a collaborative robot named “Chuck”. The robot will help SFM warehouse associates in order picking and packing. With such technology, the effectiveness of SFM will increase by 2 to 3 times. Now any US store delivering 10 to 10,000 orders daily can apply for it. 

The final words

Shopify is the leading eCommerce CMS. And with events like reunite, they help merchants manage their business effectively. Here we have covered almost every announcement by them. We hope this guide will help you understand the new announcement. Thanks for reading till the end, and we hope to see you around in our next blog posts too.

We are known for delivering some of the most beautiful Shopify eCommerce experiences for the clients. With such blog posts, we keep up the knowledge of our clients with all the latest updates of eCommerce and Shopify. For business inquiries or consultation, feel free to contact us!!

 

 

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