Connect with us

WORDPRESS

Customize Your Entire Site With New Block Themes – WordPress.com News

Published

on

Customize Your Entire Site With New Block Themes

Experiment with a new look for your site with themes created to take advantage of Full Site Editing.

In case you missed it, we’ve been rolling out a new set of powerful site design tools called Full Site Editing (or “FSE”) and it’s now available for all WordPress.com users!

Don’t worry if you’re just hearing about Full Site Editing for the first time. We’ve been releasing these new tools in a way that doesn’t actually require you to do anything with your existing site(s). If you are up for a change though, we’re happy to announce the launch of a brand new family of themes made specifically with Full Site Editing features in mind. As of this writing we have over two dozen themes available that support Full Site Editing.

These new themes have been designed with a wide variety of sites cases in mind. But their potential stretches well beyond their screenshots and demo sites. Because each theme is fully editable in the Site Editor, every one of these themes can be heavily customized to fit your site’s needs. You can start with theme that features single minimalist homepage, and then add as many menus and sidebars as you wish. Or, you can start with a complex business theme and strip it down to something minimal to suit your vision.

The Site Editor also includes a new feature called “Global Styles,” which allows you to edit site-wide settings for color, typography, and more. You’re free to change your theme’s default color scheme to whatever fits your mood, or even make all site text larger or smaller in a couple of clicks. To kick off this new feature, we’re also providing a few pre-built variations on some of these new themes.

All the new themes and variations can be found in the Theme Showcase. Or, if you’re starting a fresh site, they’ll be offered to you automatically in the site creation flow. This collection of themes is just the beginning, and we’re excited to continue launching a variety of diverse theme options for you. What would you like to see in the next set of themes on WordPress.com?

Source link

WORDPRESS

Shopmatey – Create a web store on your phone. Built on WooCommerce

Published

on

Shopmatey - Create a web store on your phone. Built on WooCommerce

Free Options

Embed

Shopmatey is a social commerce platform that combines shopping and social media. Discover new products, sell your own, or combine your products sold on other marketplaces into a single link. Join the future of shopping with Shopmatey today.

Launched in Android, iOS, E-Commerce by

Source link

Continue Reading

WORDPRESS

How to Prevent Fraud and Fake Orders in WooCommerce

Published

on

How to Prevent Fraud and Fake Orders in WooCommerce

Do you want to prevent fraud and fake orders on your WooCommerce store? Fraud and fake orders can cause serious losses for an online store. Luckily, …

Source link

Continue Reading

WORDPRESS

If Shopify Passes This Test, the Stock Could Soar

Published

on

If Shopify Passes This Test, the Stock Could Soar

For the first time in 12 years, Shopify (SHOP -4.37%) is raising prices.

The e-commerce software peddler hiked rates on its Basic, Shopify, and Advanced tiers by about 33%, leaving the most expensive Shopify Plus plan untouched at $2,000 a month.

The move comes after Shopify has been rocked by the pandemic hangover as e-commerce growth slowed dramatically last year after booming in 2020 and 2021. That was true not just for Shopify, but also peers like Amazon and Etsy.

The company has taken steps to reel in costs, issuing layoffs and finding other ways to trim expenses. As it looks for ways to grow and reinvest in the business, raising prices seems to make sense.

At a time when the stock is still down roughly 70% from the 2021 peak, the price hikes pose a major test for Shopify — one investors should pay close attention to.

Image source: Getty Images.

How wide is your moat?

Shopify has been a top-performing stock for most of its history thanks to its turbocharged revenue growth, but the company has also earned a high valuation from the market because of its perceived economic moat.

The company dominates the e-commerce software sector, serving a wide range of businesses from sole proprietors to Fortune 500 enterprises, and its customers generate roughly $200 billion in gross merchandise volume on its platform. The company fended off a challenge from Amazon, which closed its competing Amazon Webstore product several years ago, and is much larger than direct competitors like BigCommerce and WooCommerce.

That large base of customers and significant lead over its competition offers evidence for the company’s competitive advantage, and its product comes with high switching costs. Once you get set up selling, it’s costly, both in time and money, to switch to another provider.

Another way Shopify can demonstrate its competitive advantage is with pricing power. Great companies often have the ability to raise prices without significant customer loss. This might be due to a powerful brand or the sense among customers that there’s no equal substitute for the original company’s product or service. So, they simply accent a higher price when it gets passed down to them. 

Shopify was a much smaller company 12 years ago, and therefore has never really tested its pricing power before.

What Shopify merchants are saying

Unsurprisingly, the Shopify price hike sparked a lively debate on Reddit’s Shopify channel, with merchants airing different opinions on the matter. Some were frustrated with the price hike, especially coming at a time when online retailers are already struggling and facing higher costs through inflation.

However, others dismissed those concerns, essentially saying that the value of Shopify was worth paying an extra $10 or $20 a month. One commenter said, “As a web dev myself with years of experience in e-commerce, I can tell you there are so many Shopify features I take for granted now as a store owner that I know were mammoth tasks in our own platforms. You won’t get a shop for that price with the same functionality and ease of use.” They also added, “I do agree the app subscriptions are a bloody rip-off though!”

A handful of commenters said they planned to switch to Block‘s Square, and others discussed alternatives like BigCommerce and WooCommerce, but most didn’t seem to consider switching in response to the price hikes. A number of commenters also seemed to defend the move, saying that Shopify’s business has been struggling and it needs more money.

Will the price hikes pay off?

It’s unclear how much Shopify’s revenue stands to increase from the move. Subscriptions made up 28% of revenue in the most recent quarter, but close to half of its gross profit. However, this isn’t a straight 33% price increase as current merchants can keep the old monthly rate by switching to a yearly plan, and they also have three months before the price hikes are implemented. New merchants will have to pay the higher prices immediately.

Still, these price increases could add at least a mid-single-digit bump to revenue, but more important is that that extra income will flow straight to the bottom line since there are no extra costs associated with it.

That will give Shopify more money to reinvest in the business and could also give the stock a boost by padding the bottom line. 

Investors will learn more about the price hike’s impact over the coming quarters, but if the move is successful, Shopify could start increasing prices more regularly, possibly every few years, giving it an additional lever to pull as it grows the bottom line.

If the company can clearly demonstrate its pricing power and give a jolt to the bottom line at the same time, the stock could soar in response.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Jeremy Bowman has positions in Amazon.com, Block, Etsy, and Shopify. The Motley Fool has positions in and recommends Amazon.com, BigCommerce, Block, Etsy, and Shopify. The Motley Fool recommends the following options: long January 2023 $1,140 calls on Shopify and short January 2023 $1,160 calls on Shopify. The Motley Fool has a disclosure policy.

Source link

Continue Reading

Trending

en_USEnglish