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Shopify’s new secret marketplace: Dropship on other stores in minutes > Aug 14

Shopify Growth Newsletter #125

Did you know that Drake sells on Shopify? And that he used a secret marketplace just released by Shopify to increase his sales 72%?

We’ll cover Drake’s Shopify game in another issue. Today, we’re going to focus on the new selling opportunity that’s just opened up to sellers.

Shopify Collective is a new marketplace-like feature that enables sellers to dropship products on each other’s stores, without logistical set up or fees.

You qualify if:

  • You’re based in the US and sell in US Dollars

  • You have Shopify Payments activated

  • You’re active on the Shop app and meet Shop Merchant Guidelines

  • You’ve made at least $50,000 USD in the last 12 months

In today’s Deep Dive we’re going to show you how to get set up with Shopify Collective in just a few minutes, so you can collab with brands without having to do any of the logistics.

Let’s dive in!

 The Pulse

This website makes them $96,000 per year...
When Nathan and Alexa bought a $4,500 website, it was making around $200 per month. Today, they spend two weeks per year on it and it nets them $96,000 every year. Watch the limited time masterclass on how they did it.

Shopify Launches Subscription App for Recurring Revenue
Easily set up and manage simple subscription offerings with the new, free Shopify Subscriptions app. With new customer accounts, your customers will have the flexibility to pause or skip orders, update payment and shipping details, and more.

The Shopify Bundles App Is Now In Full Release
The app enables you to create and sell fixed bundles and multipacks. But it has mixed reviews from sellers. 

What’s Stopping You Get to 7-Figures?

Want to know EXACTLY what’s between you and making over a million dollars?

The “Break-A-Million” quiz can tell you in less than 5 minutes

It was created by Celi Arias, known as the “Business Shaman” who’s built and sold multiple 7-figure businesses. She’s worked with the likes of Reebok, Swarkovski and Supreme.

She’s distilled her hands-on experience and knowledge into 20 short-answer questions that uncover…

the practical steps you need to take with your business to get it to 7-figures.

The Deep Dive

(Image: Giphy(.)com republicrecords)

The New Secret Dropshipping Marketplace Exclusive to Shopify Merchants

Shopify Collective makes brand collaborations an easy win-win growth opportunity.

Sellers who add products from other brands to their store can boost their sales, average order value (AOV) and profits (by 20-40%, according to Shopify), without having to stock up on inventory.

Sellers who list their products on other stores can broaden their horizons and increase revenue.

Setting up something like this used to take a load of logistics work. Now, with Shopify Collective you can launch win-win brand collabs in just a few minutes.

Let’s explore how.

How to Expand Your Product Catalog Without Launching New Products

To start selling products from other brands, you can search through the new Collective marketplace.

There you can stumble upon high-quality Shopify brands in the US that offer products that resonate with your store's brand and customer interests.

Once you've found brands that pique your interest, you can connect with them directly on Shopify. This allows you to sync their inventory with your store in a jiffy.

Your customers can check out no matter which brand’s products are in their carts. And…

The suppliers fulfill and ship products directly to your customers' doors.

How to Sell On Other Stores Without the Logistical Headache

To sell in other stores, start by introducing yourself to other brands, or by inviting your existing retail partners to connect with you on Collective.

After connecting with retailers, you can create custom price lists. Which allow you to…

Curate collections of products for specific retailers to import and sell. Then you can…

Choosing where you ship to and how much you charge your retailers for shipping orders to customers in these zones. And when a retailer imports your products for the first time…

A custom shipping profile is created in their store, with shipping rates that match yours in Shopify Collective.

If you use automatic payments, your custom shipping rates are automatically added to retailers' payments for each Shopify Collective order.

Drake was able to increase his sales by 72% through Shopify Collective. And it’s now open for any seller to expand their brand reach and profitability, even if…

You don’t sell giant inflatable “Hotline Bling” pool floaties.

What did you like or dislike about today’s Deep Dive? >Click here to let us know<.

See you in a few days!

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