Shopify provides a platform for businesses to sell online to customers. But their recent earnings call provides deeper insights into the generational shift to digital we’re all living through. Shopify’s customers saw a near 100% increase in merchandise sold last year. And it looks like even more is on the way.
What does this mean for your business? And, more importantly, how can you take advantage of this generational shift to digital for your business?
This episode of Thinks Out Loud breaks down the data to understand what’s really happening here. We examine what you can learn from Shopify’s success to uncover the lessons you can apply to your business. And, we look at how you can get started at putting the current generational shift to business to work for you.
Want to learn more? Here are the show notes for you.
Thinks Out Loud Episode 318: Shopify’s Monster Year Demonstrates That Customers Demand Digital Headlines and Show Notes
Free Downloads
We have a couple of free downloads for you to help you navigate the current situation, which you can find right here:
* A Brief Introduction to Thinks Out Loud. As a bonus, we’ve also included this PDF document that highlights some of our core episodes to help you dig into what the show is about. We think it will help you capture the show’s essence while you’re working your way through the 300-plus episodes published so far. Download it here.
* Digital & E-commerce Maturity Matrix. As a bonus, here’s a PDF that can help you assess your company’s digital maturity. You can use this to better understand where your company excels and where its opportunities lie. And, of course, we’re here to help if you need it. The Digital & E-commerce Maturity Matrix rates your company’s effectiveness — Ad Hoc, Aware, Striving, Driving — in 6 key areas in digital today, including:
* Customer Focus
* Strategy
* Technology
* Operations
* Culture
* Data
Show Notes and Links
As always, here are the "regular" show notes, detailing links and news related to this week’s episode.
* We’re Living Through a Generational Shift to Digital (Thinks Out Loud Episode 317)
* Shopify Investor Deck Q4 2020