Lots of people affiliate Shopify with eCommerce lately. Let’s dig deeper and uncover all the main points concerning the Canadian eCommerce firm with the assistance of Shopify stats.
Key Shopify Stats, Info, and Tendencies
- There are 1.7 million companies world wide that use Shopify.
- Shopify is the third main eCommerce software program platform within the US, with a ten.9% market share.
- Shopify took 24% of the worldwide eCommerce market in 2020.
- On common, Shopify retailers grew their gross sales by 50% in 2019. In distinction, the worldwide eCommerce market grew by solely 21%.
- In 2019, Shopify had the fifth highest valuation within the US.
- Shopify Plus is utilized by 6% of on-line shops to host their eCommerce web site and generate on-line gross sales.
- Shopify is the tenth main firm by valuation in Canada.
- The primary Shopify retailer on the web was the corporate’s eCommerce platform.
- 44 million folks made purchases utilizing a Shopify on-line retailer final yr.
- Solely half of the eCommerce shops that use Shopify run on-line companies actively.
- November is probably the most profitable month for Shopify sellers, whereas December is the least.
- T-shirts are probably the most bought product by shops that run on the Shopify platform worldwide.
- Essentially the most profitable Shopify websites are owned by the Budweiser, Tesla, and Purple Bull corporations.
International Shopify Statistics
- The market share of Shopify is 3.9% in Germany.
- 15% of on-line shops in Denmark use the Shopify platform.
- 14.4% of on-line retailers in Australia select Shopify, however the WooCommerce checkout is the main platform within the nation.
- 4% of on-line companies use Shopify within the UAE.
- The share of e-commerce shops that use Shopify in Sweden is 5%.
- On common, one in 9 on-line eCommerce platforms in Belgium are Shopify shops.
- 8% of Web shops within the Netherlands, Norway, and Luxemburg use Shopify.
- The market share of the Shopify E-commerce platform in Spain is 2.7%
- The share of Shopify retailers within the UK market is 13%, in accordance with the latest Shopify statistics.
- Shopify has 16 workplaces world wide.
- The one bodily Shopify retailer is positioned in Los Angeles.
- Shopify retailers managed to promote items to 300 million prospects globally final yr.
- 62 million web shoppers turn out to be loyal to explicit Shopify shops yearly, on common.
- One purchaser makes 3.8 purchases from the identical on-line retailer powered by Shopify, on common.
- The variety of entrepreneurs who launched on-line companies within the UK with the assistance of Shopify elevated by 106% final yr.
Shopify Clients Demographics Statistics
- 1% of millennials within the US maintain Shopify shares, in accordance with Shopify statistics.
- Entrepreneurs from 175 nations can entry options provided by the corporate.
- The Shopify platform helps 20 languages.
- In line with Shopify stats, 52% of shoppers are girls.
- Roughly a 3rd of customers who make purchases on Shopify shops are millennials.
- Shopify prospects from Germany are the quickest buy makers. On common, a client from Germany solely wants 17.5 minutes to finish a purchase order.
- Purchasers from Japan are inclined to spend probably the most: the common store pay is $141.72 per transaction.
- The USA is the #1 nation that makes use of Shopify options to run eCommerce companies.
Shopify Utilization, Site visitors, and Gross sales Stats
- Over 7,000 companies all world wide use Shopify Plus to get further advantages.
- One in 5 Shopify on-line retailers promote digital merchandise on-line.
- Fb refers a 3rd of social media site visitors to Shopify shops.
- Fb drives 85% of orders that come from social media site visitors.
- On common, 56.5 million distinctive guests attain Shopify websites per 30 days.
- On common, every person spends 3 minutes exploring the location, and a mean of two.9 pages are visited per session.
- Shopify statistics say that 35.7% of site visitors comes from the US.
- The UK, Canada, and Australia are the sources of 15% of the location’s site visitors.
- 40% of customers attain the location immediately.
- 27.5% of site visitors comes from referrals.
- 26% of Web customers attain the Shopify web site from the search. 91% of site visitors is natural, whereas 9% is paid.
- In line with Shopify SEO statistics, the bounce rate of the Shopify website is 56.19%.
- 81% of Shopify site visitors comes from cell gadgets.
- 2.7% of websites that entice greater than 1 million leads month-to-month are constructed on Shopify.
- In line with Google Tendencies, Shopify is probably the most searched eCommerce answer by customers on the Web.
- Shopify holds 71% of retailer domains within the US.
Shopify App Retailer Tendencies and Statistics
- There are greater than 6,000 purposes within the Shopify app retailer.
- The corporate managed to make greater than $100 million by promoting purposes.
- The common worth of a Shopify app is $19.17, in accordance with Shopify statistics.
- A median Shopify enterprise makes use of 6 apps to run a web-based retailer successfully.
- 33,000 apps for Shopify shops are downloaded from the app retailer each month.
- On common, the app retailer helped Shopify eCommerce platform customers to put in greater than 12 million apps.
- The variety of all purposes within the app retailer has elevated 7.5 instances from 2015.
Shopify Service provider Statistics
- Greater than 100,000 entrepreneurs use Shopify POS to unify their on-line and offline companies.
- The transaction price that retailers who use Shopify POS must pay is 2.4%.
- On common, the conversion price in a Shopify retailer is 1.6%.
- 69% of Shopify funds are made utilizing cell gadgets.
- In 2020, Shopify processed greater than $5 billion in transactions.
- 27% of companies that use the Shopify eCommerce platform use the dropshipping model to make gross sales.
- 30% of Shopify retailers say that they’ve a tricky time managing profitable advertising campaigns.
- 22% of entrepreneurs who use Shopify report that they expertise many issues with constructing a model on-line as a result of robust competitors.
- Shopify Plus members develop their companies by 126% annually, on common.
- 30,000 Shopify retailers have put in Fb Messenger on their websites.
- 12.3% of Shopify shops promote at the least one product utilizing the dropshipping mannequin.
- In line with Shopify statistics, 7.1% of all of the merchandise that buyers should purchase on-line from shops launched on the platform are sourced with the assistance of dropshipping.
BFCM Shopify Statistics
- On Black Friday in 2020, the gross sales of Shopify shops across the globe reached $1.5 million per minute.
- A median Shopify transaction on Black Friday or Cyber Monday is $83 USD within the US and $96 USD in Canada.
- Shopify apps have been put in 25.8 million instances from the time the shop was launched.
- 80% of Shopify customers make the most of a third-party app.
- The height variety of gross sales per minute topped 10,978 objects on Black Friday in 2020.
- Globally, Shopify customers managed to make $870,000 per minute on Black Friday in 2020.
- The objects that have been bought on Black Friday 2018 with the Shopify delivery function made 30,000 miles to achieve their prospects.
- On common, 25.5 million prospects become involved in BFCM (Black Friday and Cyber Monday) gross sales.
- In line with Shopify statistics, a fifth of the US shops orders come from abroad throughout Black Friday and Cyber Monday.
- In 2019, entrepreneurs who’ve Shopify shops managed to collectively make greater than $2.9 billion in gross sales throughout Black Friday and Cyber Monday.
Shopify Income Statistics
- Shopify’s income grew greater than 7 instances from 2015 to 2019. Its annual income has elevated from $205 million to $1.5 billion.
- Shopify’s income doubled in a single yr. In line with Shopify statistics, it has elevated from $1.5 billion in 2019 to $2.9 billion in 2020.
- In 2016, subscription and service provider options shaped equal shares of the corporate’s income.
- In 2020, service provider options generated roughly two-thirds of whole income. In distinction, subscription options generated solely ⅓ of the income.
- The service provider options income reached $2 billion final yr.
- Half of Shopify’s month-to-month recurring income comes from the Shopify Plus subscribers.
- Shopify managed to make $269.40 million in month-to-month recurring income in 2020.
- The corporate’s month-to-month recurring income grows by 33% yr by yr, on common.
- The common income per buyer for entrepreneurs who use a Shopify on-line retailer is $72.
- The North American area generates 73% of Shopify’s total income.
- Europe, the Center East, and Africa drive solely 15.5% of the income altogether.
- The Asian and Latin American areas generate 11.2% of the income.
Shopify Progress Statistics
- In line with latest analytics, one in 5 Shopify consultants is certain that the inventory costs of Shopify will develop by 2025.
- The R and D spending of the Shopify platform has elevated 10 instances from 2015 to 2019.
- In line with Shopify statistics, companies that use their options to unify in-store and on-line gross sales improve their revenues by a mean of 30% yr by yr.
- Shopify managed to boost $131 Million in IPO (preliminary public providing) in 2015. The value of shares has elevated by 2,750% in 5 years.
- Shopify overtook eBay in its web value and gross sales quantity in 2019.
Different Attention-grabbing Shopify Statistics
- Half of Shopify retailers are entrepreneurs who began their companies for the primary time.
- Greater than 7,000 staff work immediately for Shopify. Furthermore, the corporate plans to rent 2,000 new staff within the upcoming yr.
- The common conversion price of e mail advertising campaigns launched by Shopify retailers is 4.6%.
- Greater than 100 themes can be found to customise on-line shops. Customers can choose a free or paid Shopify theme with completely different layouts and designs.
- In line with Shopify stats, 3D fashions of merchandise can improve the conversion price by about twice.
- Between 2% and 5% of people that launch a brand new Shopify retailer abandon it shortly.
- On common, Shopify associates make $58 per person signed up for the platform.
- 57% of on-line prospects are inclined to make purchases from shops positioned abroad.
- In line with Shopify statistics, the corporate paid $850,000 to moral hackers from 2018 to 2021 who helped keep away from potential knowledge breaches.
- Each minute, a brand new Shopify admin makes their first sale on-line.
- Companies that run on the Shopify retailer platform assist greater than 2 million full-time jobs.
- Shopify affords excellent 24/7 buyer care service. The general satisfaction price is 94%.
- The common response time from Shopify’s buyer care workforce is 30 seconds in stay chat, 2 minutes by telephone name, and 10 hours through e mail.
What is an efficient conversion price for Shopify?
In line with stats, a profitable Shopify retailer has a 4.9% dialog price. Solely 10% of the most effective shops can obtain this outcome. The common conversion price of the highest 20% of Shopify websites is 3.4%. Nonetheless, the common price of all eStores that run on Shopify is 1.5%.
What’s a foul conversion price for Shopify?
Certainly, the 0% conversion price that ends in no gross sales is the worst one. The worst performing 20% of Shopify web sites have a 0.4% conversion price. Nonetheless, any outcome under 1.5%, the common conversion price, is dangerous for a Shopify on-line retailer.
What number of customers does Shopify have?
In line with Shopify statistics, there are greater than 1,000,000 Shopify customers globally. Sadly, roughly half of them don’t run their shops actively. As well as, as much as 5% of individuals abandon utilizing the eCommerce platform shortly, so their shops don’t promote something, although they could be reachable on-line.
What number of Shopify shops are there in 2021?
The precise details about shops run on Shopify shouldn’t be public. Nonetheless, in accordance with the statistics, greater than 3,600,000 eCommerce web sites on-line have been launched on Shopify. Nonetheless, solely a small share of them are actively used. The variety of sellers who use Shopify POS for his or her offline bodily companies is round 100,000.
What number of Shopify shops are profitable?
Sadly, solely 5% of retailers launched on Shopify attain success and make a lot of gross sales on-line. The primary causes 95% of shops fail are the robust competitors, lack of finances, and poor on-line enterprise administration information of entrepreneurs. Additionally, consultants say that an unwisely chosen dropshipping area of interest additionally results in failure.
In line with Shopify statistics, this eCommerce platform constantly grows at a excessive price. The pandemic that compelled many companies to shift on-line helped the corporate achieve income considerably within the final yr.
Shopify isn’t the main eCommerce platform. Nonetheless, it showcases regular development, which is extra essential.
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