How e-commerce is changing retail trends during the pandemic: Shopify COO



Consumers are shifting their spending from in-store to online making an e-commerce presence critical for businesses to stay afloat. Many businesses are relying on platforms like cloud-based Shopify, which has jumped 73% since the WHO declared a pandemic in mid-March. Shopify powers sites for 1 million brands, including Allbirds, Staples and PepsiCo. Harley Finkelstein, Shopify chief operating officer, joins “Squawk Box” to discuss.

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20 thoughts on “How e-commerce is changing retail trends during the pandemic: Shopify COO

  • October 28, 2020 at 11:15 am
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    but they still owe all the sellers data and can shut you down compared to woocommerce. And they make all the money with those Apps you need.
    But their hosting, structure is really good. At least the seller has a little bit of control and can go out of Amazon

    Reply
  • October 28, 2020 at 11:15 am
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    Another Amazon wannabe

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  • October 28, 2020 at 11:15 am
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    I would love to see Shopify dominate Amazon's market.

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  • October 28, 2020 at 11:15 am
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    Shopify is a good platform. Great to see them working on fulfilment options for their customers.

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  • October 28, 2020 at 11:15 am
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    Retail Operating system.. that's a great way to define Shopify

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  • October 28, 2020 at 11:15 am
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    Wish I could buy more of this stock. I think it hits 1,500 by the end of the year

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  • October 28, 2020 at 11:15 am
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    Perhaps this is a dumb question: How do I buy products from Shopify? Do they sell their wares on a dedicated website like Amazon?

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  • October 28, 2020 at 11:15 am
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    Here you go another famous dumb dumb "It's a GREAT QUESTIIN!!!!!" Sound so dumb!!!

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  • October 28, 2020 at 11:15 am
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    They gave him the Wrap It Up music.

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  • October 28, 2020 at 11:15 am
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    Excellent interview. Both Amazon and Shopify are great stocks to own for the next 5 years. Shopify is capitalizing on Amazon's mistakes.

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  • October 28, 2020 at 11:15 am
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    Be intellectually honest. E-commerce has spiked as a percentage of the retail pie over past 10 weeks as in-store sales have been hit due to COVID lockdown. In-store will recapture some of that lost share.

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  • October 28, 2020 at 11:15 am
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    I hope his comment about their partnership (fbook and shopify) is not 100% true. Because if their partnership has been going on for 5 years in "marketplace", that means commerce in fbook has not been successful. but if they have been talking for five years and finally now they are launching the new platform, then i think thats a very smart idea.

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  • October 28, 2020 at 11:15 am
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    This could be the hottest stock of this decade!

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  • October 28, 2020 at 11:15 am
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    Buy as many shares as you can! ๐Ÿ”ฅ

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  • October 28, 2020 at 11:15 am
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    The PE on this stock is insane!

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  • October 28, 2020 at 11:15 am
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    He's very enthusiastic

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  • October 28, 2020 at 11:15 am
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    Facebook shops are now free. You do not need Shopify.

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  • October 28, 2020 at 11:15 am
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    Shots ๐Ÿ˜‚๐Ÿ‘๐Ÿฝ

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  • October 28, 2020 at 11:15 am
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    great interview… congratulations;;; $1T

    Reply

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