Updated · Oct 02, 2023
Muninder Adavelli is a core team member and Digital Growth Strategist at Techjury. With a strong bac... | See full bio
Updated · Aug 01, 2023
Lorie is an English Language and Literature graduate passionate about writing, research, and learnin... | See full bio
Shopify has over 4.1 million active websites, including over 40,877 on Shopify Plus. The U.S. has over 2.5 million stores, meaning 1 in 3 Shopify stores is in the country. When stores are open to customers and taking orders, they are called "live" on Shopify.
The fact that Shopify is a sizable, enormous company won't surprise you, but if you want to understand more about its numbers, get ready to be astounded. So, let’s get started.
Since Shopify’s launch in 2006, it has become the top place for anyone who wants to sell products online. As of November 2022, the platform had 5.6 million online stores, with the United States accounting for more than 70% of them. The United Kingdom and Australia were next.
Following Amazon with 300 million active users and eBay, Shopify is the third-largest online retailer in the U.S. Moreover, it has generated an estimated $200 billion in global sales. While it may not possess the largest market share, Shopify has experienced remarkable growth in recent years.
Over 1.75 million Shopify merchants used the platform in 2020, which has grown steadily since 2012. Due to its dependability, accessibility, and security, more people prefer Shopify over other website builders as their e-commerce platform.
The Shopify statistics listed below may help to understand why the majority of retailers and customers like Shopify over competing platforms.
As of 2023, Shopify had 2.1 million active users per day. This is just the average number of daily active users; the number may rise or fall. Saturdays, Sundays, and holidays are busy times for Shopify merchants.
Additionally, Shopify has processed over 1 billion orders over the years. These were only a few factors that make the website one of the best e-commerce platforms in the U.S.
437,250 Shopify vendors, or 25% of all sellers, are based in Africa, Europe, and the Middle East. 874,500 vendors on Shopify are located in the U.S., which makes up 50% of all merchants.
This data demonstrated the platform’s worldwide popularity and influence on businesses and brands.
In 2022, about 649 million customers bought products or items from Shopify stores. This year, Shopify merchants are expected to serve more than 700 million clients worldwide.
Aside from the convenience of shopping online, Shopify customers are offered a simple online payment method. The platform also has a quick and simple setup and is mobile-friendly.
✅ Pro Tip:
The e-commerce platform is most prevalent in California, with approximately 72,786 Shopify clients, followed by New York with 30,874, and Florida with 27,489.
With 2,681,369 websites using the platform - which accounts for 19.8% of the market share - Shopify dominates the e-Commerce sector in the U.S. and has the most extensive and devoted following in the United States.
Clothing was listed as the most popular industry in 2021, with 75,500 merchants on Shopify selling it. Although Shopify stores sell almost anything, fashion is the most popular.
With 33,800 stores, the second largest categories were “home” and “garden.” At the same time, there were only 6,200 shops that sold vehicle and truck parts.
(Popupsmart, Marketplace Pulse)
Email is the leading sales generator for Shopify stores, boasting a 4.29% conversion rate. By incorporating 3D product images, conversions can skyrocket by 250%.
Notably, mobile email usage has surged by 180% in the past three years. With mobile traffic accounting for 79% of all website traffic and contributing to 69% of orders, businesses must prioritize mobile optimization to capitalize on this trend.
👍 Helpful Article:
Shopify offers a variety of marketing options that can help you advertise your store and improve your visibility, including email marketing, social media integration, and SEO optimization. Some of the largest businesses that use Shopify are Pepsi, Budweiser, The New York Times, Kendall Cosmetics, and Fitbit, to name a few.
You can make the most of the platform to suit your demands. In that case, the Shopify platform is an excellent place for anyone who wants to start with online product sales.
5% to 10% of Shopify's eCommerce stores are thriving, which means, in every 100 enterprises on Shopify, 5 to 10 are profitable.
Disadvantages of Shopify include expensive pricing, limited design customization options, the unavailability of email hosting access, and challenges with content marketing, among others.
Yes. It is also suitable for small businesses. No coding or technical skills are needed, and the software may expand as your company does.
Shopify charges a 2.9% plus $0.30 per transaction fee for all online purchases made under the basic plan.
Your email address will not be published.
Updated · Oct 02, 2023