Are you thinking to start selling and make money on Shopify and you don’t know how to start and what are the best ways to become successful in low time? Here’s a detailed guide to help you get started:
With the emergence of information technology, the world has become a global corridor to trade and build wealth. Therefore, exploring multiple income streams from a single platform is a recurrent practice.
Confirming this practice, we will discuss 10 Proven Ways to make money on Shopify (PRO Tips + Sources). Read this article if you are keen to earn from diverse income avenues.
▶ What is Shopify?
Shopify is a software-as-a-service (SaaS) e-commerce platform that works on a subscription basis to support the smooth operation of sales operations.
Payment processing, sales and inventory tracking, payment processing, and product sourcing are prominent tools in its subscription package. Here is the list of 10 proven ways to earn from Shopify:
▶ Starting an e-commerce Shopify store
Can you make money on Shopify? What is the best niche for Shopify? Is Shopify profitable for beginners? Practically starting an e-commerce Shopify store can answer these questions.
Selling any product on your Shopify store is a proven way to make money on Shopify in 2024, as people did in Covid-19. It is super easy to enlist, organize the products, and make available products for customers to check out on the Shopify store.
Here is a detailed guide if you are concerned about running a successful Shopify store. Shopify is not free. As a Shopify store owner, you have to invest in these things:
- Shopify subscription package
- Domain name and hosting
- Website design development
- Inventory
- Marketing and advertisement
- Transaction gateway fees
However, choosing a better business strategy, the right product, and an appealing marketing campaign can make your way to the highest-earning Shopify stores in the world in a couple of years.
Building a Shopify dropshipping business
Using Shopify integration to connect top-tier dropshipping apps is the best way to make a living from dropshipping in 2024.
▶ What is dropshipping?
The business model in which products are sold from the vendor to the customer without buying any inventory or doing product fulfillment is called dropshipping. Click this link to get an answer to the question: How hard is dropshipping? You can make money on Shopify dropshipping because
- Effortless top supplier integration
- Order and shipping management
- The trending sales channels (Facebook, Instagram, google ads) integration with the Shopify store.
Dropshipping is still profitable with an accurate niche, a trustworthy supplier, and a winning marketing plan.
▶ Joining Shopify as an affiliate marketer
If you are searching for proven ways to make money on Shopify without investment, join as a Shopify affiliate marketer. Any content creator, social media influencer, or blogger with an active website and devoted followers can earn money.
You will get $150 for each Shopify business plan sale with your referral. Learn more about Shopify affiliate marketing by clicking this link if you are a beginner.
▶ Starting a print-on-demand Shopify store
How do I stand out on Shopify?: Starting a print-on-demand store is the answer. You do not have to invest in stock, designer, or printing machines. The customer will place an order on your Shopify store. You will send this to your print-on-demand vendor.
He will print your custom product ( Shirt, trousers, cushion, Mug, or anything else) and ship it directly to your customer.You will get your profit in your accounts after the vendor charges deduction.
Visit this tutorial link if you are starting in a while.
▶ Selling digital products on Shopify
Start selling digital products. If you are questioning yourself, how do I maximize Shopify? You can sell e-books, podcast recordings, songs, apps, games, photos, themes, social media ad creatives, NFTs, and more.
Effortless integration, third-party tools, apps, SEO tools, blogging space, and other Shopify built-in resources can help you start your digital product business.
▶ Monetizing your social media existence
Is it hard to sell on Shopify? How do I attract buyers on Shopify? If you are struggling with these questions, visit the Shopify Collabs.
It is similar to Shopify affiliate marketing, which converts your social media audience to your Shopify customers by incorporating product listing links in your social media post. The basic plan starts at $20.
Click this link to get an insight into starting this lead generation program.
▶ Freelance income from Shopify
If you are still confused, what makes money on Shopify? Start offering freelance services around the Shopify niche. You can offer your services as a Shopify store developer, virtual assistant, content writer, product description writer, or SEO expert.
▶ Product photography for the Shopify store
Running a Shopify store is a time-honored task. If you are good at photography, help Shopify store owners in Product photography and make money.
Learn more about this income stream by opening this link.
▶ Making a Shopify app or theme
Developing a Shopify app or theme is not an easy way to earn money compared to other income streams. It involves a considerable initial investment and marketing costs. However, you can make a good amount of money by generating a Shopify app or theme, depending on the other factors.
▶ Developing and flipping a Shopify store
Create a high-ticket Shopify store. Earning a good profit for some months and flipping it is a proven way to earn money on Shopify. You can learn in detail about this income stream by clicking this link.
▶ Conclusion
To make money on Shopify requires a blend of multiple skills and practices. By practicing these ten proven strategies, you can skyrocket the income numbers of your Shopify store in a couple of days.
Apply, evaluate, and modify these strategies and keep growing your Shopify web store to fulfill your business dreams.
▶ Frequently Asked Questions (FAQs)
Q1: What is better, Amazon or Shopify?
Amazon is good for white-label and wholesale marketing, while Shopify is for private-label and B2C business models.
Q2: What kind of businesses are good for Shopify?
Any Business that involves digital marketing as its core marketing tool is better for Shopify.
Q3: What are the disadvantages of Shopify?
High subscription fees, Limited customization options, Processing fees, and the absence of email hosting are fundamental disadvantages.
Q4: What is the unique feature of Shopify?
Permission to create a personalized online shop is the feature that makes Shopify different.
Q5: Who is the competitor of Shopify?
Wix, Woo-commerce, and Square Online are some competitors of Shopify.
