Shopify is an e-commerce platform that allows people to start their own online stores. It has become increasingly popular in recent years and has opened up a range of opportunities for entrepreneurs looking to make money. So, how quickly can you make money on Shopify?
Small, Established Businesses
The average income that a small, established business can earn from Shopify is around $1000 to $1500 per month. This is not a huge amount, but it is a good starting point for entrepreneurs looking to make a living from their online store.
Dropshipping is a popular business model that involves selling products without the need to keep an inventory or manage a warehouse. Dropshippers can earn as much as $10,000 per month, considering the reduced overhead cost. This is a great way to make money quickly on Shopify.
Average Revenue Per Customer
A survey by Littledata in May 2022 found that the average revenue per customer for Shopify was $92. This means that if you can acquire enough customers, you can quickly make money on Shopify.
In conclusion, it is possible to make money quickly on Shopify. Small, established businesses can earn an average of $1000 to $1500 per month, while dropshippers can make as much as $10,000 per month. Additionally, the average revenue per customer for Shopify is $92, which means that if you can acquire enough customers, you can quickly make money.