Shopify stores are becoming increasingly popular for entrepreneurs and small business owners. With the ease of setting up an online store and the ability to customize the look and feel, many people are turning to Shopify to start their business. But the question remains, how long do Shopify stores last?
To answer this question, let’s look at the statistics. Roughly 70-80% of all new Shopify stores only last about a week. That means that they are either unable to attract enough customers or they are unable to generate enough sales. Of the stores that do survive, only about 5% are still around a year later.
So, if you’re looking to start a Shopify store, it’s important to understand that there is a high failure rate. It’s important to do your research and make sure you have the right plan in place to ensure your store’s success.
Here are some tips to help your Shopify store last:
Have a Solid Business Plan: Before launching your store, make sure you have a detailed business plan that outlines your goals and objectives. This will help you stay focused and organized as you move forward.
Research Your Market: Do your research to make sure there is a demand for your products or services. This will help you target the right customers and ensure you are offering something people actually want.
Focus on Quality: Quality is key when it comes to keeping customers. Make sure your products are up to standard and that you have good customer service.
Invest in Advertising: Investing in advertising and marketing is essential to get your store in front of potential customers.
Utilize Social Media: Social media can be a great platform to engage with customers and promote your store.
Overall, it’s important to remember that Shopify stores don’t last forever. They require a lot of hard work and dedication to make them successful. With the right plan and effort, however, you can make your store last for years.
Good luck and happy selling!