Shopify Investing in Shop, #Blockchain, Growing in EU and Asia

SaaS
Written By Rick Watson

Shopify Investing in Shop, Blockchain, Growing in EU and Asia

Most people know that looking at a company's careers page can give you sometimes pretty significant material information about the company's future investments. I just browsed Shopify Careers again for data, product and engineering roles and a few items stood out:

- Shop App: Multiple roles related to building Shop App, including a significant focus on search & discovery of products & merchants. If that's not building a marketplace, I am perhaps easily fooled.

Lot of investment here.

- Blockchain: Shopify has a new blockchain team that is imagining how Shopify participates more broadly in ethereum and the intersection of web3 and eCommerce.

- Marketplace Platform: New products related to connecting merchants to third-party marketplaces, particularly in Asia. (I would not expect that Amazon connector to come back!). Possibly related to their JD partnership.

- Shopify Fulfillment Network: Product roles discussing continuing investments here.

Also I found where Shopify puts its SFN job postings - in the Business Operations area. Hiring someone to run their Carlisle, PA facility which is run by a partner. (i.e. not their owned Georgia facility). (It looks like it’s since been removed).

Here are a few of the goto-market teams that stood out to me:

- Marketing for Shopify's B2B Solutions

- Significant expansion of hiring in EU and Asian goto-market teams (sales, account management, etc)

Will be interesting to see a number of these products come to market over the next year.

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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