Did you know over 1 million businesses in 175 countries use Shopify? The top 100 Shopify stores make over $1 million a year. If you want to earn from Shopify, you’re in the right spot. We’ll cover 10 ways to make money, from starting an online store to using your Shopify skills.
Key Takeaways
- Shopify is a top e-commerce platform for creating online stores, listing products, managing inventory, and taking payments.
- You can earn more than just by selling products. Use your Shopify skills to build websites or market the platform.
- The basic Shopify plan is just $29 a month. It lets you sell digital and physical products, have unlimited products, and get full analytics.
- Shopify store owners can keep at least 80% of sales revenue by developing an app for the Shopify App Store.
- As a Shopify Affiliate, you can earn $150 for each qualified referral of a full-price Shopify plan.
Create a Shopify Store
To make money on Shopify, start by creating an online store. Shopify is easy to use and lets you set up an e-commerce website. You can upload as many products as you want and host your site. Plus, you can use Shopify Payments to handle customer transactions.
Set Up Your Online Shop
Setting up your online shop with Shopify is easy. It has many customizable templates and themes. This lets you make a storefront that matches your brand’s style. With Shopify’s tools, you can quickly set up your e-commerce store and get your business online.
Choose the Right Pricing Plan
Shopify has different pricing plans starting at $29 a month. Higher plans offer more features like a point-of-sale system and detailed sales reports. Think about what you want to sell and pick a plan that fits your needs and budget.
| Shopify Pricing Plan | Monthly Cost | Key Features |
|---|---|---|
| Shopify Lite | $9 | Add products to any website or social media Accept credit card payments In-person sales through Shopify POS Lite |
| Basic Shopify | $29 | Unlimited products 24/7 support Discount codes Report building |
| Shopify | $79 | Professional reports Gift cards Abandoned cart recovery Advanced report building |
| Advanced Shopify | $299 | Third-party calculated shipping rates Custom report builder Real-time carrier shipping Advanced fraud analysis |
Explore Different Business Models
As a Shopify store owner, you can try different business models. Dropshipping and selling print-on-demand products are two great options. They let you keep costs low while offering many products to customers.
Dropshipping on Shopify
Dropshipping means you don’t keep products in stock. When a customer buys something, you order it from the maker right then. This way, you can reduce your startup costs because you don’t need a warehouse or inventory. Shopify works with many dropshipping apps to help you find products and list them on your store.
Selling Print-on-Demand Products
You can also sell print-on-demand products with your designs on them. Shopify apps make this easy, so you don’t have to worry about inventory or shipping. It’s a great way to showcase your creativity and offer unique items without the inventory hassle.
Choosing a business model is up to you, but Shopify has the tools and apps to help. You can explore different revenue streams and find what works best for you.
Monetize Your Audience
If you have a big social media following, you can make money through Shopify’s Collabs program. This lets influencers share products they like and get paid when people buy them. Shopify works well with big names like Facebook and Instagram, letting you sell directly to your fans.
Look into shopify influencer marketing and ways to keep your audience interested. Use shopify social media sales, email marketing, loyalty programs, and more to keep customers coming back. Keeping your audience close opens doors for more shopify customer acquisition and growth.
Leverage Social Media Influence
Facebook, Instagram, and TikTok are great for growing your audience and boosting shopify social media sales. Use your social media power to promote your Shopify store and products. Work with brands, run ads, and make content that your followers will love.
- Use Shopify’s Collabs feature to make money from sales your social media influence brings in.
- Link your Shopify store with social media for easy promotion and shopify customer acquisition.
- Build a loyal audience with regular, useful content that earns trust and loyalty.
- Use shopify customer retention tactics like email marketing and loyalty programs to make customers come back.
With social media and your audience’s trust, you can find new ways to make money and grow your Shopify business.
steps to make money on shopify
Shopify is a top choice for entrepreneurs wanting to start their online businesses. It’s easy to use and packed with features to help you earn. Wondering how to earn on Shopify? Here are key steps to follow:
- Create a Profitable Product or Service: Make sure your products or services solve a problem for your customers. Choose items with low costs to boost your profits.
- Drive Targeted Traffic to Your Store: Use blogs, YouTube, and social media to draw in customers. SEO and targeted ads help make your products easy to find.
- Optimize Your Store for Conversions: Make your store look great with clear descriptions and quality images. Good customer service also helps increase sales.
- Analyze and Adapt: Learn what your customers like through Shopify’s analytics. Adjust your products, prices, or marketing to meet their needs.
- Explore Additional Income Streams: Look into making more money by becoming a Shopify expert, creating apps or themes, or joining the Affiliate Program.
Follow these steps to boost your Shopify store’s earnings and shopify profit maximization. Success comes from offering valuable products, attracting the right customers, and always improving your store for better shopify earning potential.
“The beauty of Shopify is that it provides the tools and platform to turn your shopify income streams into a thriving online business.”
Sell Handmade and Digital Products
Shopify helps entrepreneurs sell many types of products, like handmade items and digital downloads. Crafty business owners can use Shopify to sell their homemade goods. They can use social media and apps like Etsy to reach more customers.
For those into digital products, Shopify makes selling easy. You can sell e-books, sewing patterns, and more without worrying about inventory or shipping. The Digital Downloads app helps with these sales, and you can also take custom orders for digital designs and services.
| Shopify Plan | Yearly Subscription Price | Online Card Rates | In-Person Card Rates | 3rd-Party Payment Rates |
|---|---|---|---|---|
| Basic | $29 USD per month | 2.9% + 30¢ USD | 2.6% + 10¢ USD | 2% |
| Shopify | $79 USD per month | 2.7% + 30¢ USD | 2.5% + 10¢ USD | 1% |
| Advanced | $299 USD per month | 2.5% + 30¢ USD | 2.4% + 10¢ USD | 0.6% |
“The global market for candles is estimated to be worth $16 billion by 2031, showcasing significant market potential for handmade candle products.”
Shopify lets you turn your creative hobbies into a successful shopify ecommerce store. By using the platform’s tools and connections, you can sell a wide variety of products. This way, you can meet the specific needs of your customers.
Provide Services to Other Shopify Users
If you’re good with Shopify, you can offer shopify expert services to other business owners. They might need help setting up or improving their online stores. You can share your skills on freelance sites or join the Shopify Partner program.
As a Shopify Partner, you help merchants with their stores. You can charge a flat fee or a percentage of their sales. You can also list your services in Shopify’s Experts Marketplace.
Become a Shopify Expert
Shopify’s Partner program lets you show off your skills and make money helping other merchants. You can offer many services, like:
- Store design and shopify theme design
- Shopify app development and customization
- Migration and implementation of existing stores
- Ongoing support and troubleshooting
Develop Apps and Themes
You can also make money by creating and selling your own shopify apps or shopify themes. As a Shopify Partner, you can earn 80% or more from your app or theme sales. This is a great way to use your development skills.
“Providing services to other Shopify users can be a rewarding and profitable business model, allowing you to leverage your expertise and earn a steady stream of income.”
Join the Shopify Affiliate Program
If you run a website, have a loyal audience, and know about e-commerce, think about joining the Shopify Affiliate program. You can earn up to $150 for each new user who signs up for Shopify. This is a great way to make money by sharing Shopify with your followers.
Becoming a Shopify Affiliate means you’re part of a group of people who love entrepreneurship and Shopify. You need to have a website, a good audience, make your own content, and know about commerce or entrepreneurship. This shows you’re a good fit for the program.
After joining, you’ll get lots of creative and educational resources to help you promote Shopify. You’ll also get a special link to track your referrals. You can earn money on any new users you bring in within 30 days.
The Shopify Affiliate Program can really pay off, with earnings from 5% to 30% on different products. It’s a smart way for brands to market themselves, bringing back $15 for every dollar spent.
To start, just apply to the Shopify Affiliate Program. You’ll hear back within 5 business days. Once you’re in, you can share Shopify with your followers and make money from new users.
The Shopify referral program and Shopify influencer marketing are great for making money if you have a big online presence. Use your knowledge and followers to earn big commissions. Help others succeed in e-commerce with Shopify.
Conclusion
Shopify is a top choice for starting successful online stores and making money in different ways. You can make a Shopify store and try out dropshipping and print-on-demand. You can also sell handmade and digital products, offer services to other Shopify users, and join the Shopify Affiliate program. This can help you make more money on the platform.
To succeed on Shopify, find a product or service that your customers will love. Make sure people know about your store and keep improving how you run your business and market it. Shopify is easy to use, has flexible pricing plans, and lots of apps and tools to help you succeed.
Shopify offers many ways to make money, like dropshipping, selling handmade or digital products, and offering services to other users. The platform is great for taking advantage of the growing online shopping trend. It has a big reach and helps the economy by creating jobs and opportunities.
FAQ
What is Shopify and how can it be used to make money?
Shopify is an e-commerce platform that lets you create an online store. You can list products, manage inventory, accept payments, and even start a dropshipping business. You can earn money by setting up an online store, building websites for others, or marketing the platform.
How do I set up a Shopify store to start making money?
To set up a Shopify store, pick a pricing plan that suits your budget. Then, create your online store, upload products, and set up payment processing. Shopify makes it easy to start your e-commerce website.
What are some different business models I can explore on Shopify?
On Shopify, you can try dropshipping or selling print-on-demand products with your designs. These options help keep your costs low.
How can I monetize my social media presence on Shopify?
Shopify’s Collabs program lets influencers promote products and earn commissions. You can also use social media like Facebook and Instagram to sell your products directly to followers.
What are the essential steps to make money on Shopify?
The key steps include creating a great product and driving traffic to your store. You should also optimize for conversions, respond to customer needs, and look into other ways to make money.
Can I sell handmade and digital products on Shopify?
Yes, Shopify is great for selling handmade goods and digital downloads like e-books and sewing patterns. Its integrations and apps help with these sales.
How can I provide services to other Shopify users?
If you’re skilled with Shopify, offer services like development, migration, and troubleshooting. You can become a Shopify Partner or list your services in the Experts Marketplace.
How can I earn money through the Shopify Affiliate program?
As a Shopify Affiliate, you can earn $150 for each new user you refer to a full-price Shopify plan. This lets you make money by promoting Shopify to your audience.