Shopify can be used for many different types of e-commerce, including product sales and third-party purchases.
This platform is an e-commerce website creation tool that can be used to run an online business. Shopify lets you create websites, list products, manage inventory, accept credit and debit card payments, and even facilitate resale transactions. You can even use it to enable resale transactions.
But selling products isn’t the only way to make money on Shopify; you can also use your Shopify knowledge to create websites for others and promote the platform.
Here are 10 ways to make money on Shopify and tips for making the most of your business idea.
1. Create A Shopify Store
Shopify is a tool for creating an online store. You can produce a relatively simple e-commerce site, upload unlimited products, host your site on Shopify, and process customer credit and debit card transactions using Shopify Payments.
The minimum monthly fee for Shopify is $29. More expensive Shopify packages include additional features such as sales terminals, more detailed sales reports, and delivery calculations for customers, but the cost of processing payments gradually decreases.
Your Shopify store lets you sell anything you want. Here are some other ideas for products and services. Note that some of these e-commerce ideas are implemented using the Shopify app. The application may incur additional charges. Take advantage of the free trial and read the reviews on the Shopify App Store to ensure the app you choose has the needed features.
Find Out More What Is Shopify
2. What Is Shopify?
Dropshipping is an online sales method that doesn’t require you to keep stock. When a customer buys a product, your company orders it from the manufacturer. Dropshipping reduces initial costs since there’s no need for a warehouse or store.
If you want to use dropshipping on Shopify, you can install several third-party applications to contact sellers. You can buy products from these sellers, display them on your website and create a store.
3. Use Social Media
Shopify is currently developing an influencer marketing program called Shopify Collabs. If you have a large audience on social media, you can promote your favorite products to their followers and receive commissions from them.
Currently, influencers can sign up for the Shopify Collabs program. Influencers who join the program can sign up to work with specific brands, receive free products, create con10t, and earn commissions when their followers buy their products.
4. On-Demand Product Sales
Print-on-demand allows graphic designers to sell various products printed with their designs, such as t-shirts, mugs, and cushions. When a customer places an order, an external supplier produces the effect and sends it to the customer.
As with retailers, many Shopify applications offer print-on-demand services. It may be necessary to order samples in advance to compare the quality of products from different suppliers.
5. Sell Handmade Products
Artisans can use Shopify to sell their handmade products on websites and other online platforms. Shopify offers social selling, so products can be sold on Facebook, Instagram, and TikTok. Third-party apps can also integrate Shopify and Etsy and reach the artisan audience.
6. Selling and Downloading Digital Products
These days, digital downloads aren’t limited to e-books. You can sell sewing and embroidery patterns, spreadsheet templates, sheet music, and much more without worrying about stock management or supplier relations. You can sell sewing and embroidery patterns, spreadsheet templates, sheet music, and much more without worrying about stock Management or supplier relations.
Several Shopify apps make it easy to download digital products, including one developed by Shopify itself. If you’re selling a service, indicate in the product listing how much work is required for each price and what the customer will receive when the work is completed. Shopify recommends creating personalized e-mail templates to communicate with customers who purchase products.
7. Selling Second-Hand or Vintage Items
Selling second-hand or vintage products is both trendy and environmentally friendly. Shopify supports Depop and Posh mark (popular online platforms for selling second-hand clothing), and eBay. Shopify can also integrate directly with Facebook and Instagram.
8. Help Other Entrepreneurs Set Up an Online Store
If you have experience with Shopify, other business owners may be willing to pay you for your time and expertise and help you set up a store, promote your services as a Shopify developer on independent websites, or work for a web development company. You can find a job with a web development company.
You can also sign up as a Shopify partner and help Shopify store owners create, migrate and debug their Shopify stores. They can receive a commission or percentage of future sales and maintain an ongoing relationship if additional services are required.
Shopify Partners can also create a profile on the Shopify Experts marketplace, where retailers can hire them for various projects. Experts can charge a flat fee for their services, but Shopify retains 10% of that fee.
9. Develop Apps and Templates for Shopify
If you develop and sell an app on Shopify’s App Store, you can earn at least 80% of the sales proceeds, depending on your chosen plan. For templates, you can keep all sales until they exceed $1 million, and then you can save the remaining 85%.
However, creating an application or theme is only possible with success. You must pay all the development costs, and the Shopify store may not approve your app. Even if approved, you must work on marketing to stand out.
10. Become A Shopify Partner
If you’re a con10t creator with an active website, a loyal user base, and e-commerce experience, you can apply to become a Shopify partner. You can earn $150 when your referral signs up for the complete Shopify program.
How To Make Money with Shopify
Creating a Shopify store is just one step in developing your e-commerce business. Be sure to follow the other steps.
Find A Niche
As more and more people sell products and services online, differentiating your offering is becoming increasingly important. What makes your store different from others on Shopify? Conduct market research to identify your customer base, understand what they need and where they shop, then target them with ads on the platform.
Clearly Describe Your Products and Services
Providing relevant product information ensures buyers are satisfied and return the product. It’s important to present clear product images, dimensions, and a detailed description of unique features and functions. If you offer a range of colors and sizes, ensure they are easily identifiable on every product page.
Encourage Excellent Customer Service
Good customer service keeps customers coming back. Shopify’s store management app can help you provide customer service and track product deliveries via Facebook Messenger or WhatsApp.
Accountability and flexibility
You may think your customers need one thing, but their behavior may indicate another: sales reports in the Shopify application.
