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What Percentage of Shopify Stores Fail?

Last updated on October 1, 2022 @ 1:25 pm

It’s no secret that starting an online store is a risky proposition. In fact, about 90% of Shopify stores fail within the first year.

This is a staggering statistic, and it’s one that should give any potential Shopify entrepreneur pause. So, what causes such a high failure rate?

There are a number of factors that contribute to the failure of Shopify stores. First and foremost amongst these is a lack of planning.

Many entrepreneurs who start Shopify stores do so without any sort of business plan or strategy in place. They simply choose a niche, set up their store, and hope for the best. This is almost guaranteed to lead to failure.

Another common reason for Shopify store failure is a lack of marketing. Even the best products in the world will not sell themselves; you need to put in the time and effort to market your products and get them in front of potential customers. Many entrepreneurs make the mistake of thinking that simply setting up a store is enough; it’s not.

PRO TIP: The article ‘What Percentage of Shopify Stores Fail?’ is a warning to potential Shopify store owners about the high failure rate of Shopify stores.

Shopify is a popular ecommerce platform, but it has a high failure rate. Many store owners give up before they even get started, and of those who do get started, most fail within the first year.

There are many reasons why Shopify stores fail, but the most common ones are: not having a niche, not understanding ecommerce, not having enough traffic, and not making enough sales.

If you’re thinking about starting a Shopify store, make sure you do your research and understand what it takes to succeed. Otherwise, you’re likely to join the majority of store owners who fail.

Finally, another major reason why Shopify stores fail is due to a lack of customer support. If your customers have questions or problems with your products, they need to be able to reach out to you and get prompt, helpful responses. If they can’t, they’ll likely take their business elsewhere.

These are just some of the most common reasons why Shopify stores fail. If you’re thinking about starting a Shopify store, be sure to avoid these mistakes and give yourself the best chance for success.

What Percentage of Shopify Stores Fail?

As we can see from the above article, the main reasons why Shopify stores fail are due to a lack of planning, marketing and customer support.

These are all areas that can be addressed with careful planning and execution.

With that said, even with the best planning and execution, there is still no guarantee of success. The fact remains that about 90% of all Shopify stores fail within the first year. This is something that all potential entrepreneurs should be aware of before taking the plunge.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.