Shopify New Features To Lookout for in 2024

New Shopify Features in 2022

Shopify is one of the main online business software platforms utilized by many organizations universally. It is seemingly the greatest internet shopping platform working today.

Amazon might be sovereign in the online retail industry, yet Shopify is more adaptable, offering more different choices for the internet-based vendor. Amazon is more of an online marketplace that presents virtual space for sellers alongside other sellers; Shopify allows individuals to develop their online store from the beginning.

The subscription-based platform facilitates users to establish a website to market their creations online. From an introductory store for small companies to a fully custom-made on-brand website for big enterprises, Shopify permits its users to customize the shopping experience of their consumers. It even delivers its point-of-sale app for firms to use with their physical shops.

It is not startling, then, that many significant brands and businesses use Shopify for their online stores. 

New Shopify Features You Need to Include Today

Reports uncover that Shopify holds 23% of the overall market share by facilitating 1 million top eCommerce stores.

Features like usability, versatility and completely safe exchanges make Shopify a famous platform to have eCommerce websites.

Cart2Cart migration statistics uncovered that a greater part of eCommerce owners relocated to Shopify in 2019. Furthermore, this pattern is supposed to go on in 2024 also.

Are you still questioning why you should shift to Shopify in 2024?

Here are a few new features that will help you make a better decision.

1. Buy Now, Pay Later 

Shopify has officially launched Shop Pay Installments — a buy now, pay later product particularly developed for Shopify vendors. By starting Shop Pay Installments, vendors unlock considerable advantages, such as –

  • Permit to one of the biggest consumer networks of any buy now, pay later provider through Shop Pay, an accelerated checkout procedure, and Shop, a shopping assistant app. 
  • A consistent checkout experience with higher conversion and order values.
  • Direct reconciliation of Shop Pay Installments with their Shopify stores.
  • Transparency that forms entrust with purchasers. Through Affirm, Shop Pay Installments assists vendors to give purchasers expanded adaptability and affordability at checkout.

2. 0% Revenue Shares from Shopify Developers

0% Revenue Shares from Shopify Developers

Since August 1, 2021, application developers can register for a reduced income share plan. Shopify collects 0% on the initial 1 million USD in yearly gross app revenue procured through the Shopify App Store and when you surpass a million USD every year you could pay 15% rather than the past 20%.

3. B2B on Shopify

No question beginning a B2B store on the web, or moving a current offline business into the online world, is an overwhelming task. There’s a great deal to consider and a ton to do, however, there will never be a really interesting chance to get your Shopify B2B store begun. Many individuals moving into online B2B put their confidence in Shopify. The web’s number 1 online business platform declared their aim to help B2B organizations by laying out Shopify Plus in 2014, and its outcomes since have been amazing.

The following is a short glance at some of what Shopify brings to the table in the B2B market –

  • Incredible for hosting and scaling – The service flaunts 99.99% uptime and can deal with essentially any measure of traffic tossed at it.
  • Extraordinary personalised assistance – Shopify gives customized set-up masters who help new Shopify B2B storekeepers to begin including transitioning formidable waves of offline B2B data into digital format,  constructing a store’s plan and assisting you with laying out business objectives.
  • Automotive procedures – Shopify Plus unquestionably assists B2B organizations with capitalizing on their assets. Nearly all that can be mechanized on your discount Shopify store is automated, including stock restock, new item indexing and monitoring your purchasers’ progress through their purchasing process.

4. Tokengated Commerce

As a component of another series of connect-to-consumer drives, Shopify permits merchants to interface with fans and drive deals by making elite products for tokenholders. The drive, named “tokengate”, is accessible in early-access beta mode.

To get everything rolling, merchants can make a tokengate shop straightforwardly on the Shopify application or add the component directly in-store. Purchasers then, at that point, need to interface their crypto wallet and confirm they are owners of non-fungible tokens, or NFTs, to shop gated products or access selective occasions.

The feature fills in as a door between FT people group and consumer brands on the platform. What’s more, sellers can cooperate with different brands for upcoming NFT drops and collaborate with Shopify’s marketing accomplices to foster premium items. Besides, sellers can mint custom NFTs on famous blockchains like Ethereum (ETH), Polygon (MATIC), Solana (SOL) and Flow (FLOW). Subsequently, they can list and sell them right from their store.

5. Shopify Markets 

Shopify Markets

Shopify Markets is a cross-border management tool that assists you with recognizing, setting up, sending off, improving and dealing with your global business sectors – all from a solitary store.

Shopify Markets concentrates worldwide selling instruments for your business and acquaints new efficiencies to help you manage and extend your worldwide deals. With Shopify Markets, you can make custom online shopping experiences for various purchaser sections. You can do this by making markets that target particular nations or areas, or you can assemble nations and locales to improve on your expansion measures.

6. Twitter Sales Channel 

Twitter Sales Channel

Twitter has collaborated with Shopify to give vendors in the US a simple method for utilizing the informal community to develop their business. Traders can now add a Twitter sales channel application to their Shopify administrator dashboard to get to a supervisor where they can see the interpersonal organization’s shopping tools and features. That sales channel  automatically and routinely synchronizes with Shopify merchants’ indexes, so clients will not need to stress over a updating item data on numerous stages.

That will make it manageable for dealers to showcase their items through Twitter’s Shop Spotlight, which is a committed space at the top of a profile that can show up to five things. Guests to a vendor’s account will actually look at that product without leaving Twitter. Shippers can likewise decide to feature a greater assortment of products through Twitter’s in-application shops, which can list up to 50 handpicked things. The two highlights used to be in beta testing, yet they’re presently accessible to all traders in the US.

Dovetale

Dovetale helps Shopify stores enlist, oversee and develop deals with individuals who love their items. Dissimilar to other influencer and affiliate marketing platforms, Dovetale works to assist teams to develop their community with reasonable and scalable solutions for gifting, product seeding, affiliate offer tracking, and payments.  That is the reason 1,000’s of Shopify dealers are building their powerhouse and partner networks on Dovetale.

Functions 

Shopify Functions is a strong new approach to stretch out and modify Shopify features to meet the special business needs of all Shopify brands. With Functions, designers can construct strong customizations that execute in under 5ms and can increase for the greatest sales occasions in the world.

Since Functions are introduced with an application, vendors can design them straightforwardly in the admin, without changing any line of code. In spite of the fact that Functions are starting off with familiar backend customizations for discounts, delivery, and payments methods, Shopify will add support for shipping rates, checkout and cart validations, return validations, and order routing soon.

Shopify on iPhone 

With the Shopify application, you can handle your store from your iPhone or Android. Just download the application and sign in to your Shopify account to begin maintaining your business. From the Shopify application, you can perceive how your store is performing, deal with your orders, and update your inventory. You can oversee and update your online store with the mobile theme editor. Notifications let you know when another request comes in or someone comments on you in a Timeline remark. You can even capture payments and create fulfillments from the application.

Local Inventory on Google 

If you organize inventory using areas, then you can use local inventory to facilitate your products for local shopping when your consumers search using Google. Local inventory for local finding lets Google exhibit to your clients where your products are so that they can purchase in an area that’s suitable for them.

After you arrange local inventory, you can index your products locally as local inventory ads, and free local listings.

Conclusion

As may be obvious, Shopify gives you a variety of features and services that can serve your business needs independent of the size of your endeavour.

Also, Shopify carries out new features and services at customary spans to make the existence of business visionaries simpler.

Subsequently, Shopify eCommerce is an optimal arrangement if you are searching for a simple and fast method for setting up a professional online store.