ring subscription models, whereby sub-
        
        
          scriptions to products like razor blades or
        
        
          coffee are automatically renewed, charged
        
        
          and shipped to clients every month. Ac-
        
        
          cordingly, Bold released a recurring orders
        
        
          app for Shopify.
        
        
          “We jump on these trends and build the
        
        
          tools so that store owners can do it,” May-
        
        
          nard said.
        
        
          A number of other trends are emerging in
        
        
          the online world of commerce, but none
        
        
          is as great or discernible as the impact of
        
        
          social media. Social selling, that is buying
        
        
          through social media platforms like Face-
        
        
          book and Pinterest (via Shopify), has be-
        
        
          come prevalent.
        
        
          “Every store owner knows that they should
        
        
          be on Facebook and Instagram and have a
        
        
          YouTube channel,” Maynard said. “But of-
        
        
          tentimes they simply don’t have the time
        
        
          to operate a store and market enthusiasti-
        
        
          cally.”
        
        
          Bold actively helps companies with social
        
        
          media management, which is rapidly prov-
        
        
          ing to be a huge part of its entrepreneurial
        
        
          success at the present time.
        
        
          “Right now, peer-to-peer recommenda-
        
        
          tion is the biggest thing in eCommerce
        
        
          because people would rather buy from
        
        
          someone they trust and you build that
        
        
          trust through social media,” Maynard said.
        
        
          
            boldcommerce.com
          
        
        
          JUNE 2016
        
        
          H
        
        
          business elite canada
        
        
          
            11