It’s no secret that ecommerce is a booming industry. In the United States alone, retail ecommerce sales are projected to reach $638 billion by the end of 2020, according to eMarketer. And with more and more people shopping online, it’s no surprise that Shopify is one of the most popular ecommerce platforms out there.
Shopify is a platform that allows businesses to create online stores. It’s easy to use and comes with a lot of features to help businesses grow their online presence. Plus, it’s relatively affordable, starting at just $29 per month.
So, how much money does the average Shopify store make?
So if you’re thinking about starting a Shopify store, don’t expect to get rich quick. It’s possible to make good money with a Shopify store, but it takes a lot of hard work, dedication, and time.
Unfortunately, there’s no easy answer to this question. It depends on a number of factors, including the type of products you sell, your pricing strategy, your marketing efforts, and more.
That said, we did some research and found that the average Shopify store generates $67,000 in annual revenue. Of course, this number will vary depending on the factors mentioned above. For example, stores that sell higher-priced items will likely generate more revenue than those that sell lower-priced items.
If you’re thinking about starting a Shopify store or are currently running one, remember that the amount of money you make will ultimately depend on your own efforts. But with a little hard work and some smart marketing strategies, you can definitely achieve success with your online store.