General presentation of Shopify
Let us take a moment to examine the Shopify Company and its principal sources of revenue. In fact, by learning how the company generates its income you will be able to more easily detect the factors that could lead to an increase or decrease in this company’s share price on the stock markets.
Shopify Inc. is a Canadian company that offers a multichannel commercial cloud platform specifically created for small and medium companies. This company thereby offers subscription solutions as well as sales solutions to its clients.
The different software applications developed and marketed by Shopify are destined for merchants that use them to manage their companies through different sales channels with storefront and mobile sites, physical retail outlets, shops and social media as well as marketplaces. From the Shopify platform the merchants can obtain an overall view of their activities on all the sales channels and manage their products and stocks, process orders and payments, dispatch orders, establish relationships with their clients and complete analyses and reports through a back office system.
This platform also integrates an optimised checkout system for smartphones with the aim of offering client consumers the opportunity to purchase products on the mobile websites with the possibility of paying using Apple Pay.
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