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New Year's Resolutions for your Shopify Business

The Unofficial Shopify Podcast · January 5, 2021 · 48 min

Summary

To kick off the new year, this episode focuses on actionable resolutions for Shopify merchants, drawing insights directly from their Facebook group members. It covers strategies for implementing customer-specific pricing for wholesale and VIP programs using apps, enhancing customer service with order lookup solutions to reduce inquiries, and understanding the often-overlooked financial psychology behind gift cards and returns.

Key takeaways

Themes

shopify & ecommerce platformscustomer retentionamazon & marketplacesconversion & cro

Topics covered

shopify customer specific pricingwholesale pricing shopifyshopify vip programsorder lookup solutionspost-purchase experiencegift card psychologyecommerce returns managementamazon logisticscustomer service automation

Episode description

Advice from our merchant community on growing your business in 2021

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Frequently asked about this episode

What does this episode say about shopify & ecommerce platforms?
Implement customer-specific pricing for wholesale and VIP tiers using Shopify apps that tag customers based on spend or purchase history to automate discounts (e.g., 5% off for $500 spent, 10% for $1000).
What does this episode say about customer retention?
Utilize order lookup solutions to empower customers to track their own orders, significantly reducing 'Where's my order?' inquiries and freeing up customer support resources.
What does this episode say about amazon & marketplaces?
Strategize around the psychological impact of gift cards, recognizing that customers often spend more than the gift card's value, turning them into a powerful revenue driver.
What does this episode say about conversion & cro?
Prepare for 'Returnsmageddon' in January, especially if your products are in categories with high return rates like apparel. Ensure customer service and shipping logistics are equipped to handle the influx.
What does this episode say about shopify & ecommerce platforms?
Consider the Amazon marketplace carefully: while their logistics are superior, their customer service often relies on cost-effective refunds/resends rather than personalized support, which can impact smaller sellers differently.

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