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Posted: Thu Jan 23, 2025 9:06 am
To share Shopify income reports, like this one by Sarah Titus, is somewhat misleading. She earned over $3.1 million dollars in her first year and a half of selling digital products on Shopify. That’s pretty huge. And it’s safe to say not everyone will rise to that level of success.
Income Reports
Instead, here are a couple of “average” income reports to give indonesia whatsapp mobile phone number list a more realistic view of how much you can make on Shopify.
Jerica Zimmerman – Made just over $2,800 in one month selling her handmade soaps on Shopify (combined with Etsy). It’s not clear how much she marketed her product online, but the bulk of her sales came from Shopify.
One Quora user pointed out that in Q1 of 2016, Shopify had 325,000 merchants grossing $3.8 billion. That works out to be around $3,897 as the average monthly sales volume of Shopify stores. Hard to tell how much of that is profit, but most dropshippers on Shopify earn a 10-40% margin of that.
Another research data firm, LittleData, surveyed over 1,400 Shopify stores and found the average sales revenue per customer was $72.
Last but not least, Hayden Bowles, a popular YouTuber, revealed that he has to test out between 4-7 shops/products before finding one that produces cash flow. He’s closed over 40+ of his Shopify stores due to hit/miss products and failed strategies. That said, you can see how it can take time and constant small adjustments and improvements to find a winning product that makes you money.
Income Reports
Instead, here are a couple of “average” income reports to give indonesia whatsapp mobile phone number list a more realistic view of how much you can make on Shopify.
Jerica Zimmerman – Made just over $2,800 in one month selling her handmade soaps on Shopify (combined with Etsy). It’s not clear how much she marketed her product online, but the bulk of her sales came from Shopify.
One Quora user pointed out that in Q1 of 2016, Shopify had 325,000 merchants grossing $3.8 billion. That works out to be around $3,897 as the average monthly sales volume of Shopify stores. Hard to tell how much of that is profit, but most dropshippers on Shopify earn a 10-40% margin of that.
Another research data firm, LittleData, surveyed over 1,400 Shopify stores and found the average sales revenue per customer was $72.
Last but not least, Hayden Bowles, a popular YouTuber, revealed that he has to test out between 4-7 shops/products before finding one that produces cash flow. He’s closed over 40+ of his Shopify stores due to hit/miss products and failed strategies. That said, you can see how it can take time and constant small adjustments and improvements to find a winning product that makes you money.