Shopify (TSX:SHOP) Launches Shop App to Connect Consumers With Local Businesses

The e-commerce platform deepens the ways merchants can connect with shoppers.

 

Shopify (TSX: SHOP)(NYSE:SHOP) announced on Tuesday the release of Shop, a mobile shopping app designed to help consumers find products and connect with local businesses. The app encourages shoppers to review a feed of recommended products and learn about local brands. The company was quick to point out that the app contains no advertising and focuses on brands customers have already shown an interest in.

The company cited social distancing, stay-at-home measures, and the reliance on e-commerce as the reason it chose to develop the app, which contains a number of features designed to help businesses better connect with customers in a world that is increasingly separated. This includes filters that help users find local merchants, while also providing information about shopping, pick-up and delivery options, and return policies.

Shop provides customized recommendations including newly released products, as well as specialized deals based on a user’s shopping history. Once connected, the app ushers customers through the shopping process by providing fast and easy checkout with Shop Pay. It also delivers real-time order and tracking information via Arrive, which provides the status of each package, all in one place on the app.

“Shopify has focused the last decade on solving complex problems for entrepreneurs by making commerce seamless and accessible,” said Carl Rivera, General manager of Shop. “Now, we want to do the same for customers. We set out to solve the common pain points in the customer’s shopping journey today, while developing specific features, like local business discovery, that will be relevant today and in the future.”

This is an expansion of Shopify’s existing Arrive app, which was originally designed to help customers track packages, which the company said has already been used by more than 16 million shoppers.

Danny Vena owns shares of Shopify. The Motley Fool owns shares of and recommends Shopify. The Motley Fool has a disclosure policy.  

More on Tech Stocks

The virtual button with the letters AI in a circle hovering above a keyboard, about to be clicked by a cursor.
Tech Stocks

OpenText’s Revenue Fell Again, But Here’s What Investors Could Be Missing

OpenText’s latest results reveal growth beneath falling revenue, with its AI opportunity depending on turning customer demand into stronger earnings.

Read more »

running robot changes direction
Tech Stocks

Lightspeed Stock Drops 14% After Earnings: Here’s Why I’d Buy the Dip

Dax Dasilva explains how better customer deals and AI that tackles merchants’ daily chores could strengthen Lightspeed’s recovery.

Read more »

gift is bigger than the other
Tech Stocks

Holiday Test Ahead: Shopify Forecasts Another 30%-Plus Quarter as Shoppers Gear Up

Shopify forecasts another quarter of 30%-plus revenue growth. Here’s what its holiday outlook means for investors, and which results to…

Read more »

businesswoman meets with client to get loan
Tech Stocks

Your TFSA Doesn’t Need Another Speculative Stock: Here’s the Growth Case for CGI

CGI offers a growth case built on paying clients, rising per-share earnings, and a shrinking share count.

Read more »

man studies at computer
Tech Stocks

Here’s What a $10,000 Investment in Anthropic Could Be Worth by 2030

Anthropic could be a huge moneymaker for investors if it can maintain its rapid growth rate.

Read more »

woman considering the future
Tech Stocks

Shopify Stock Fell After Earnings: Here’s How I’d Judge It for a 10-Year TFSA

Shopify's selloff offers a cheaper entry into a growing business, but a 10-year TFSA still needs price discipline.

Read more »

young adult uses credit card to shop online
Tech Stocks

Shopify Stock Tumbles Despite 32% Sales Growth: Buy Now, or Buyer Beware?

Shopify stock fell despite 32% sales growth. Explore what drove the selloff and whether stronger cash flow makes the shares…

Read more »

Group of people network together with connected devices
Dividend Stocks

Canada and Europe Are Building a Cybersecurity Alliance: This Canadian Software Stock Could Get a Second Look

OpenText sells tools for protecting information, giving it a practical link to closer digital cooperation without an assumed government award.

Read more »