Starting an eCommerce business is the hardest things of the past, thanks to platforms like Shopify, Wooecommerce and others who have made the process easy for everyone willing to start an eCommerce business, if you want to earn money with e-commerce learn how to make money with Shopify.
As the eCommerce business keeps gaining momentum, more online stores are springing out, which we think you should join the movement to make the money in the eCommerce business because the trend is not going to slow down, starting now might be better than later.
If your dream is to start an eCommerce business or you want to make it as your side hustle, and you don’t know where to start, this article will help you make money with Shopify.
We have many online stores out there on different platforms and more are still coming, if you want to choose a platform, which one are you going to go for?.
Are you going for Woocommerce, Wix, or Shopify?
Seriously we have many platforms you can work with and most of them are highly recommendable but think about the success you want with your eCommerce business, without a doubt you are going to opt-in for Shopify, it has everything you need.
If you want to stick with Woocommerce, you properly have to go the WordPress way, the design, marketing are left in your care likewise other platforms you may need to put in much more resources and time to get the success you need.
What you need to look for is a platform you can leverage for success and that is Shopify, your eCommerce business achievement is guaranteed as they have everything in place to make you stand out.
Whether you have a brick and mortar store, you aim to pivot into the digital world or you are just a business-minded person looking to get into an eCommerce business, Shopify can put a stop to all your headache of starting and scaling up the business in the online selling.
What is Shopify?
Shopify is a Canadian based eCommerce company that has seen the struggles many people passed through before they could sell online and create a solution that simplified all your quarrels.
Shopify makes business owners create and manage online store easily without much hassle, your eCommerce business becomes easier with Shopify as they have provided all the necessary tools to make you have your store and serves your business goals.
How To Make Money With Shopify
Shopify serves you in many ways, it works well with small business ideas and accommodates all business sizes as you can incorporate it with your existing business or use it as a starting point for a new business.
Shopify help you generate cash and there are different ways to make money with Shopify in Nigeria and all over the world and here are several popular ways to go.
1. Create an Ecommerce Store
Whether you’re a brick-and-mortar retailer looking to pivot into the digital space, or an online seller willing to migrate to Shopify, setting up your Shopify store is simple to earn money, you can sell both goods and services, and make money with Shopify.
Shopify allows you to integrate your existing website to their platform Or, create a store directly using any one of their free or premium templates that will become your website.
The amazing thing with Shopify is that you can purchase a store owned by another Shopify user and it becomes yours forever.
Creating your store on Shopify is the first step to making money and optimizing your store to maximise your revenue is another thing after getting your store running and it is very important to your success.
Studies have revealed that many will leave your store without buying anything but the technique adopted to follow up with them will reduce your abandoned carts rate and help you increase your communication with your customers to gain more revenue.
2. Dropshipping With Shopify
Inventory might be the barrier to what can prevent you to earn with Shopify, your business can still be good and make money even when you dont have products of your own.
Another best must talk about ways to make money with Shopify in Nigeria is through drop shipping business.
With dropshipping, you are allowed to sell products without having the physical inventory yourself by outsourcing order fulfilment shipping.
You dont have to pay for inventory upfront or deal with the manual process of order fulfilment and shipping and that makes dropshipping another best way to make money with Shopify.
The thing is, it is not a get rich quick business, it takes time to build wealth with it, if you are looking for ways to make money on the side or you just want to start your e-commerce business with a very little upfront dropshipping will be fine to earn.
Remember you need to optimize and market, this means you will need to create a demand for your products and encourage customers through a sales flow.
3. Make Money With Shopify Affiliate Program
Affiliate marketing will never go away as long as the world remains and if products and services will continue, then there is money for you to make with Shopify even without having an online store.
If you have a social media audience or maybe through other networks you can monetize them by signing up for Shopify affiliate, promote the brand to your audience and make money.
If any of your audience signed up with any of the Shopify premium plans you can earn approximately $58 for each user that used your link.
If you love this way of making money with Shopify, apply for their affiliate program and start earning money.
Once you signed up and got your approval, Shopify will give you a unique referral link to direct your audience to the brand.
Shopify pays bi-weekly via Paypal for any paid accounts you refer to them, you can do this on YouTube, Instagram or other platforms to widened up your income streams.
How Much Money Can You Make With Shopify?
Before you can make money on Shopify you need to spend some money, but keep this to mind, if you want to go the Affiliate way, you are not spending any cash as the program is free for you to join.
Now to start an online store with Shopify, you are to spend some currency to keep your store running though you have 14 days of free trials, after the trial, they have three tiers of pricing options.
Basic Shopify: $29/month
Advanced Shopify: $299/month
Here we can’t tell you the estimates of what you can make with Shopify.
The statistics about a regular store income remains with Shopify but you can simply calculate your Gross Profit Margin, to determine the price of your products.
Then do an estimate of the products you can sell daily or monthly to have an idea of what you can reap using Shopify.
Shopify affiliate remains free to join and it is one of the best ways to make money in Nigeria, right from the comfort of your room.