Unleash Shopify B2B: 13 Game-Changing Features for Wholesale Success in 2023
Ready to revolutionize your wholesale business in 2023? Shopify B2B is the tool you need to completely change how you run your operations. With the announcement of 13 game-changing features, your business will explode with success.
The entrepreneur knows the strengths and weaknesses of a B2B enterprise, so he is familiar with the stock management system. It stands high time to wave goodbye to all those pain points of yours. The pain of getting all those things done is maintained by envisioning a strong device that combines high order of flexibility, customer friendliness, and to hold on to your competitive edge.
This article will explain:
- Manually set prices and e.g.
- Marketing tools powered by AI technology
- B2B storefronts that are accessible only to stakeholders
Mobile optimization for on-the-go management
Whether you are a beginner in Shopify or a veteran platform user, the following features will alter your business methods to the blowout point. Does your company stand for innovation and sustainability? Dive deep into the wonders of Shopify B2B that can skyrocket your growth starting from 2023 and beyond.
Unleashing Shopify B2B: A Game-Changer for Wholesale Success
Are you an entrepreneur enticed by the prospect of expanding your wholesale business? Yes, Shopify B2B is the ultimate solution you need!
This powerful tool is reshaping the traditional online stores‘ operations in the wholesale market. Imagine having a platform that allows you to conduct your B2B transactions, streamline your operations, and take advantage of your sales.
Shopify’s B capability is not simply a single feature – it is an entire ecosystem all on its own that is dedicated to one particular use case… wholesale success. This is where you create a wholesale account (an associated ‘wholesale customer group’ is generated automatically); the customer is then sent an invitation to sign up (the customer group panel provides statistical data about the average conversion rate), use multiple B2B pricing and discount strategies(often experiment with new successful ones), etc.
Imagine this scenario: You own a successful business like one of those partially trendy’ so-called hipster coffee shops with a special taste for beat roasting. Your business is running well, but you have always wanted to explore the wholesale market further. Via the regular Shopify single storefront, you might extend access to the exclusive wholesale store while retaining the latter’s password protection. Thus, your wholesale customers may view and buy triangle roasters in bulk with corresponding rebates.
- Anyway, remember that the system can handle much more than just that.
- Shopify B2B is a set of tools that can give your wholesale business a unique edge. You have every tool at your disposal, from the custom prices to the factory-like order process.
- Ready to get started? Let’s find out how Shopify B2B can transform your wholesale business operations.
💡 Key Takeaways:
Shopify B2B sets the trend for competitive wholesaling by providing a broad range of helping features spanning wholesaler-managed operations to sales growth in the B2B market.
Exploring Shopify Plus Advantages for B2B
Wherever & whenever a B2B e-commerce is discussed, the name Shopify Plus pops up as omnipotent, the best intermediary to skyrocket your business’s market position.
Read more: How to increase average order value Shopify store
Unparalleled Customization
Using Shopify Plus, you do not have to limit yourself to choosing a pre-made template. In fact, it is more of a tool for ensuring that your website will be really unique and appealing to your visitors. You`ll be able to make an individual online store for each customer to have a unique experience.
Suppose you are in the electronics wholesale business; you can create a special website that will give a different customer buying experience through the use of Shopify Plus. For example, you can also set a threshold for the number of items a customer needs to order to receive a discount. So, a customer who orders 100 chairs, for example, can get a better price than one ordering 50.
Advanced Automation
Time is money, especially in the wholesale sector. Shopify Plus can use the same automation solutions to save your employees’ time.
You save a lot of time by setting up an automatic reorder point for your wholesale customers. After their stock becomes low, you will get a note, and they get an automated response to it, and the products are supplied to them. It is as if you have a personal assistant with you twenty-four hours a day!
Seamless Integration
The Shopify Plus platform fits smoothly with other platforms and business systems, such as ERP and CRM.
Here’s an example if you use a separate inventory management system. The Shopify Ola option connects this system with your online store, so your product on the site receives auto-updates directly from the inventory system.
Global Reach
Besides getting your goods to the worldwide market, the most noticeable effect of the Shopify Plus features is the multilingual and multicurrency support it provides.
Imagine the possibility of addressing your wholesale customers in Japan through a shopping portal offering them the whole Japanese language and currency experience. That’s the power of Shopify Plus.
💡 Key Takeaways:
Shopify Plus is a treasure trove of customization, automation, integration, and global impression that gives opportunities to B2B enterprises to develop and optimize their activities.
13 Game-Changing Features of Shopify B2B
Hang onto your hats, ladies and gentlemen! In this next piece, we will turn people’s attention toward 13 incredible features that make Shopify B2B a real benchmark of change in the industry.
For instance, custom pricing, A.I. tools, and wholesale channels are technologies that will revolutionize your wholesale business in 2023. Shall we?
💡 Key Takeaways:
Shopify B2B has 13 newly developed features that are envisioned to significantly change the marketplace by contributing to the productivity makeover of professionals.
Custom Pricing and Payment Terms
In the case of B2B, sticking to a one-price policy and the same payment methods for all customers is the wrong approach. Shopify B2B analyzes the situation and offers customization possibilities.
Flexible Pricing Structures
Suppose you are a wholesale office equipment dealer. With Shopify B2B, a tiered pricing table forms the foundation of your pricing system:
- 1-99 units: $10 each
- 100-499 units: $9 each
- 500+ units: $8 each
This will motivate your consumers to buy more products, leading to an increase in overall sales capital.
Bulk Order Discounts
It is those great deals that always bring the big checks. The bulk order feature can be further simplified by using a clear example: a customer looking to purchase 1000 units of a product you are selling. For example, you can easily set up an automatic 15% discount for orders over 1000 units.
Quick Order Lists
Shopify B2B has in the toolbox a quick order list feature that will make bulk ordering more convenient for your customers. Instead of searching through the site to find each product, the customer can select a list and add it to the shopping cart.
To clarify this concept, let’s take the case of a restaurant chain foot ordering such as “Monthly Essentials.” It will be quite efficient for the meal buyers who are the place’s regulars to place their product on the list with only several clicks.
💡 Key Takeaways:
Shopify B2B’s custom pricing and payment features are the most flexible in the industry. They allow businesses to tailor their offerings to individual customers so that every customer can get a unique buying experience. These features include the support of different scenarios that the competitor cannot guarantee.
Volume Pricing and Discounts
Spot-on. The term “volume” is generally heavily employed in the B2B Context, and Shopify B2B, being at the cutting edge of technology, will not overlook this.
Tiered Pricing
For example, suppose you are a reseller of office supplies and are interested in utilizing Shopify B2B. In that case, Shopify B2B provides easy use and all the features you need to set up tiered pricing.
- 1-99 units: $10 each
- 100-499 units: $9 each
- 500+ units: $8 each
Apply this kind of scale to your sales strategy. If the customer buys more, the business gets more money.
Bulk Order Discounts
You even offer discounted bulk order pricing. Forex, for the big volume order sample, if one of your customers desires to purchase 1000 units of your best-selling product, you can offer them an automatic 15% discount for orders over 1000 units.
Quick Order Lists
You can do the same thing for bulk purchases with the feature of quick order lists that will be presented here. With Quick Order, the customer can save a list of frequently bought items and thus not only save time but also order the needed products with three mouse clicks. For instance, a franchised restaurant can set a “Monthly” list that allows ordering all the weekly supplies merely by pressing “Order now” on the list.
💡 Key Takeaways:
Shopify B2B’s volume pricing and discount features, along with quick order lists, encourage increased sales orders while simplifying the ordering process for wholesale customers, a benefit that competitors currently do not provide.
Streamlined Account Management for Wholesale Clients
The Shopify B2B end-user account settings cannot be disrupted by user actions, as the default setting is smooth and trouble-free.
Personalized Dashboards
Imagine a situation where your B2B customers log in and see a dashboard that’s unique to them. The Shopify B2B solution offers that insight.
For example, a fashion brand might want to have a site that showcases its recent orders, forecasting equipment, and unique recommendations to customers.Â
Self-Service Portal
The self-service portal provided to your clients this way allows for easy use of the tool, enabling them to:
- View their order history.
- Check shipment status
- Download invoices
Update their account information.
This improves the user experience and lightens the customer support team’s workload.
Custom User Roles
Shopify B2B allows you to create different user roles directly on admin and assign them to different categories of users. For instance, a large company may have a purchasing executive:
- viewing orders,
- paying bills
Checking ins.
This method enhances security and employee productivity by eliminating human errors.
Automated Reordering
A company owner set up an automated reordering plan to help her clients be happier and earn more money. If a client obtains the same set of products every month, you can suggest a feature enabling the client to pre-order the products.
💡 Key Takeaways:
Shopify B2B’s streamlined account management tools are a great touch that helps to offer a more personalized and automated experience for wholesale customers. It is more important than ever to streamline operations and reduce resources in both retailers and warehouse companies while providing high-quality and speedy delivery service.
Order Processing and Management
Centralizing the entire procedure from procurement to fulfilment will serve your customers well. Shopify B2B, therefore, facilitates the streamlined process of wholesale orders on the one hand and the automation of the entire e-commerce business on the other.
Centralized Order Management
Picture this situation: having all orders in one place, whether from your local store, the online store, or a gym. With Shopify B2B, you can:
- Keep all your orders in a single location.
- Sort orders based on their statuses, customers, or products
- Process many orders simultaneously.
For example, a wholesale supplier for the Sports Arrows team will be able to manage orders from athletic gear vendors and retail resellers to schools through the same single dashboard.
Automated Order Fulfillment
- Skyrocket your business by using automation technology combined with Shopify, e.g.:
- Tell the system to fill specific orders automatically.
- Have the system linked to your warehouse management system.
- Automatically create orders with assigned picking lists and packaging slips.
For our example of importing more decreased initiations in furniture retail, we could automatically refill all orders below 1000, while if the customer orders something like conference hall furniture, we go manual.
Custom Order Statuses
- Utilize the appropriate order statuses to represent your business processes:
- Set up statuses such as “Waiting for Approval” or “In Production.”
- Write automated messages for these status changes.
- By so doing, your team and your customers are always aware of the process.
Bulk Order Processing
- This functionality dramatically simplifies handling large volumes of orders:
- Run several orders through one transaction.
- Mass actions like fulfilling, cancelling, or refunding orders
- The software is particularly efficient during high seasons or promotions when order volumes tend to rise.
Order Analytics
- With analytics, only order data is sufficient to make informed decisions:
- Monitoring the trends of the orders over time
- Identifying the best-selling products and top customers
- Tracking average order value as well as other key metrics
- This information can help you control your inventory and, thus, make your marketing more effective.
💡 Key Takeaways:
Shopify B2B’s order processing and management capabilities will overcome the problems you experience in centralized management of wholesale orders and give you the best means of running your business more efficiently through automation and the analytics you receive by using the feature.
Integration with Existing Shopify Stores
The major advantage of Shopify B2B is the possibility of seamless integration, which sellers should maintain. Properly implementing this integration will attract more traffic and sales to your online store, eventually helping to convert visitors to buyers.
Unified Inventory Management
- Your wholesale and retail inventory are manageable from the same point, according to the Shopify B2B universe. You are free to:
- Sync inventory levels between B2C and B2B channels
- Assign separate stock allowances for retail and wholesalers.
- Get alerts for low stock levels on both channels.
Suppose a clothing company has a business website and a separate distribution channel to other merchants. In that case, Shopify B2B automatically updates the stock level whenever items are sold on the website or the B2B channel without any overlap or overstocking.
Consistent Product Information
- Imagine an upgrade to your current system. Shopify B2B offers the entire process of dragging and dropping product listings or images onto the store platform.
- Describe a product one time, but see its description displayed on all pages of your website.
- Maintain a different price system for your retail and wholesale shoppers.
- Use the same product images and variants across channels.
- This is way quicker and will lower the risk of possible errors.
Seamless App Integration
- Increasing the availability of technology in the marketplace allows you to connect with these businesses through technological channels, creating a network of innovation.
- Utilization of the main Shopify apps for both B2C and B2B
- Access new B2B apps for additional features and functionalities
For instance, a part of the program could involve using a customer loyalty app that will reward not only retail customers but also your most loyal wholesale clients.
💡 Key Takeaways:
Shopify B2B’s seamless integration with existing Shopify stores enables a single platform for both B2C and B2B sales. This results in integrated inventory management, uniform product information across channels, and thousands of new apps that will empower your ecology.
Multiple Currency Support
As an e-business, if you opt for the multiple currency tool, you will be in a better position to relate to different customers, which is how you can develop your business.
Automatic Currency Conversion
- Thus, a U.S. electronics wholesaler decided to sell to European and Asian retailers. With Shopify B2B, they should:
- State their prices in the common currency of their clients.
- Support automatic currency conversion at an instantaneous rate.