Editor | 22 June 2020
New Shopify App to Boost Small Online Sellers

New Shopify App to Boost Small Online Sellers

A new consumer shopping app from Shopify could provide a post-coronavirus boost for small-and-medium-sized online sellers in the UK.

Although Shopify isn’t a well known consumer brand, many people will regularly use their technology without realising. This is because Shopify make the technology for anyone to set up and sell their products online.

The enterprise version of their software appeals to eCommerce giants like gym wear brand Gymshark and mattress supplier Simba. But most of Shopify’s 80,000 UK customers are small and medium sized businesses that pay £29 per month for a customisable eCommerce platform.

Shop, the company’s new consumer-facing app, will save shops from having to build their own website and will serve up personalised recommendations for app users. The app hasn’t launched in the UK yet, but when it does it may be considered a key rival to the likes of Etsy.

But the company’s founder is keen to distance himself from Amazon. Speaking to the Guardian Harley Finkelstein said: “The intention is not to make a marketplace,” he says, “but to allow consumers to find not only new local businesses, but also to interact with their favourite brands.”

And the best thing for small retailers? Brands using Shop won’t pay any commission to rent space on the platform, instead paying a small transaction fee on all sales.

“The way Shopify benefits is that Shop helps more consumers buy from more Shopify stores,” Finkelstein said.

“As they succeed, we succeed with them.”

Shopify Accountants

CloudAccountant.co.uk specialises in tailored and affordable accounting services to online sellers in the UK. Many of our customers use Shopify, with others using alternative platforms like Amazon, eBay, Etsy or a combination of these.

Our online sales specialists understand the Shopify platform well as well as many of the add ons that can be used to supercharge eCommerce financial management.

If you decide to use our services, we will set you up with a Xero accountancy package, which will make it easy to plan, measure and optimise for business growth.

For more information about our services for Shopify sellers, speak to a member of the CloudAccountant team today. Call: 0808 281 0303.