Amira Hassan
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Amira Hassan

Digital growth consultant specializing in AI-powered commerce strategies. Amira bridges the gap between cutting-edge AI tools and practical Shopify store growth.

4 Articles ยท 24 Glossary Terms

Shopify Glossary Contributions

Gross Merchandise Value (GMV)

g

Gross Merchandise Value (GMV) is the total dollar value of all merchandise sold through a Shopify store over a specific time period, before deductions.

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International Commerce (Shopify Markets)

i

International Commerce is the process of selling products globally by localizing currency, language, shipping, and taxes for cross-border customers.

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Inventory Management

i

Inventory Management is the process of tracking, organizing, and controlling stock levels across locations to ensure products are available without overstocking.

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Markets (Shopify Markets)

m

Shopify Markets is a localization tool that allows merchants to configure and manage country-specific pricing, currencies, and languages from one store backend.

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Product Variant

p

A Product Variant is a specific option combination (such as size, color, or material) available for a single base product listing.

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Retargeting (Remarketing)

r

Retargeting (remarketing) is a paid advertising strategy that shows targeted ads to visitors who previously browsed your store but left without purchasing, bringing them back to complete the sale.

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ROAS (Return on Ad Spend)

r

ROAS (Return on Ad Spend) measures the revenue generated for every dollar spent on advertising, indicating the efficiency and profitability of paid marketing campaigns.

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Shop Pay

s

Shop Pay is Shopify's accelerated checkout service that saves customer payment, shipping, and billing details to enable one-click purchases across stores.

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Shopify Balance

s

Shopify Balance is a free business financial account that lets merchants track revenue, manage expenses, and access payouts through a Shopify-branded card without a traditional bank account.

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Shopify Capital

s

Shopify Capital is a financing program that provides eligible merchants with cash advances or business loans to fund inventory, marketing, and growth initiatives.

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