Shopify Collective has expanded its availability to 36 additional countries, enabling direct connections between retailers and suppliers within the same region. Retailers can now easily expand their product offerings by sourcing complementary products from their partners without holding inventory. Similarly, suppliers have the opportunity to sell through their partners' stores, broadening their sales channels.
This is a game-changer for Shopify Plus merchants aiming to diversify their catalog without the financial burden of stockpiling inventory. It provides seamless integration and automation of order processing, payment coordination, and fulfillment, enhancing operational efficiency.
A Canadian apparel retailer partners with a local handbag supplier via Shopify Collective, expanding their online catalog by 25%. This results in a 15% increase in monthly revenue with zero upfront inventory costs.
Q: How do I know which partners to connect with?
A: Identify partners whose products complement your existing catalog and share a common target market.
Q: Is Shopify Collective suitable for small businesses?
A: Yes, it's designed to benefit businesses of all sizes by facilitating risk-free expansion.
Learn more with detailed guidance in the Shopify Help Center.
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