Shopify, since 2023, has been making waves via its edition's biannual release. It showcases 100s of updates to the platform. On June 24th, 2024, the Summer 2024 Edition of Shopify was released. It introduced 150 new features, approx. The best 19 new features that one should remain excited about have been discussed in this article. Read ahead and find it out.
Markets, a centralized command center, was introduced by Shopify. It was for the seamless expansion of businesses. No matter if it's B2B, point-of-sale, or cross-border, it's possible to manage. It can be done via a single screen in the Shopify admin.
Markets offer a unified approach to expansion. It gives personalized purchasing experiences without the need for multiple stores.
Yes, there's significant improvement within product merchandising. It includes.
Raising product variant limit to approx. 2000.
Shopify Combined Listing Apps were introduced to make product management easy.
All updates help enhance product discovery and efficiency. It makes it easy to showcase and manage the growing catalog of products.
Shopify development services revamped the analytics reporting tools. It gives customizable and real-time reports. Further, the upcoming centralized code editing feature of it is useful. It lets users switch between ShopifyQL code and point-and-click reporting on a single screen.
The real-time reports give invaluable insights into store performance. It aids in strategic decision-making.
The dashboard shows around 3 core web vitals. It helps to track the site's performance and improve the search rankings, too.
With better site performance comes high search rankings. It also helps with an improved experience for customers.
The checkout page of Shopify now features,
Split shipping
Extended checkout extensibility
Customizable thank you pages, etc., for the better conversions.
The enhanced features help boost the conversion rates. It also offers smoother customer experiences.
It introduced new features, including extended payment terms. Some other features are in-store installments, etc., to ensure faster checkout & higher conversions.
The installment options can help increase sales. It can do so by offering flexible payment solutions to all customers.
The suite of features that's AI-powered, includes some improvements. Like, AI image generation, Sidekick- the AI assistant, and more.
The Shopify magic helps with the automation of tasks. Some of them are,
Management of customer support
Writing product descriptions
Saving resources & time
The dashboard received functional & visual upgrades. It makes it easy for navigation as well as the access to stored data.
The redesigned admin helps to improve the user experience. It also helps to make it easier for store management.
The enhancement to Shopify's site builder includes the new flex section. It allows for the creation of custom layouts and offers better design flexibility.
Custom layouts make it easy to create visually appealing/responsive online stores.
The marketing tools of Shopify offer,
Automation
Segmentation
Lead generation
Email marketing, etc., are all on the same platform and are free.
The free and robust marketing tools help to engage and build the customer base. All in an effective manner.
It is now available to the subscribers of the basic tier. It allows one to automate the tasks across the apps & stores.
Automation helps with saving money and time. It lets one focus on the growth of business.
Shopify markets pro/managed markets help simplify global selling. It's done by helping to manage the international markets from one store.
It helps expand business worldwide with localized experiences for varied markets.
The new financial tools are,
Shopify Tax- US sales tax filing in a simplified way.
Shopify Credit- Business card without interest/fees.
Shopify Balance- Faster access to the sales funds.
Shopify Term Loans- Flexible options of repayment.
When you hire dedicated Shopify developers, they help you understand how the tool helps. Some of its known benefits are,
Streamline the financial management
Save the time
Reduce the requirement to have external tax/payroll specialists.
Previously called Codisto, it helps to sync the products to the marketplaces like eBay, Walmart, etc.
One can expand one's reach using real-time inventory updates across different sales channels.
The newer bundles app help in creating and selling products easily. It also allows us to update the inventory in real-time.
The product bundles are one great way to increase the average order value. It's also a way to enhance the shopping experience.
Simply manage the subscription offerings via the new Subscriptions app. It's released now.
It allows users to add the subscription model easily to the store without the 3rd-party apps.
It's now possible to sell the products using the Shopify brands. There's no need to manage the inventory or ship via the new Shopify Collective app.
Increase your sales with this feature with a minimal overhead. Offer complementary products from the other Shopify brands.
These make the influencer marketing easy. It's done with automation of the payments & allowing verified creators to sell products.
The feature is quite helpful in streamlining influencer marketing. It will also help reach the newer audience with total ease.
There are some new features added to the Shopify updates. They are,
Shipping to/from the retail stores.
Smarter order routing
Improved management of returns
The new options for inventory tracking & Shop Promise badge via the fulfillment network help to improve customer satisfaction & efficiency.
The updates offer better flexibility for,
Order fulfillment
Reduced cost of shipping
New ways to manage the inventory & returns
It thereby helps to enhance the customer experience & help boost the sales potential.
The features highlight Shopify's commitment to empowering merchants with the right tools. They help to simplify the growth, improve the customer experience & enhance efficiency. No matter if you are a small business owner or a larger enterprise, there is some or the other thing for you in the Shopify Edition Summer. So, try it without further delay.
