Shopify is one of the most popular e-commerce platforms for online stores, providing merchants with a range of tools to create and manage their business. It can be a lucrative business venture for small, established businesses and dropshippers, allowing them to earn substantial revenue with reduced overhead costs.

Average Income of Small Established Businesses

The average income that a small, established business can earn from Shopify is around $1000 to $1500 per month. This figure may vary depending on the size of the business, the products and services offered, the marketing strategies used, and the success of the business.

Revenue for Dropshippers

Dropshippers can earn as much as $10,000 per month, considering the reduced overhead cost. Dropshipping is a business model where merchants don’t have to stock any products and instead, can purchase products from a third-party supplier who will directly ship the products to the customers. This business model requires less capital and lower overhead costs, allowing merchants to generate more profits.

Average Revenue Per Customer

In a survey conducted by Littledata in May 2022, it was found that the average revenue per customer for Shopify was $92.5. This figure may vary depending on the types of products and services offered by the store as well as the marketing strategies used.

Conclusion

In conclusion, Shopify can be a lucrative business venture for small, established businesses and dropshippers, allowing them to earn substantial revenue with reduced overhead costs. The average income that a small, established business can earn from Shopify is around $1000 to $1500 per month while dropshippers can earn as much as $10,000. Additionally, according to a survey by Littledata, the average revenue per customer for Shopify was $92.5 in May 2022.