5 Ways to make money with Shopify
In this article about how do you make money with Shopify, lots of useful information is carefully prepared for you to have a good orientation to make money online. Besides, you can be inspired to be creative and find effective ways to make money on this great e-commerce platform.
Owning an e-commerce website to start a business previously requires knowledge of the website or outsourcing. However, everything will be simple if you use Shopify - the platform to help build the best e-commerce website today. If you are planning to do e-commerce or do Dropship in the international market, Shopify will be a powerful tool to save you time and support many features to help you easier in your business.
Let go ahead and learn more about the way to make money with Shopify below.
How do you make money with Shopify
- What is Shopify?
- Why use Shopify for making money?
- Dropshipping with Shopify
- Build your own store with Shopify
- Become a Shopify Affiliate Partner
- Become a Shopify Expert
- Become a Shopify App/Theme Maker
- Final words
What is Shopify?
Shopify is a platform that helps you create an e-commerce website with many business support features such as order management in different channels, payment integration, email delivery to customers. There are also lots of other features like SEO support, product uploads, sales statistics & performance measurement, and thousands of different integrated apps.
You can start building an e-commerce website without any website or programming knowledge, Shopify is designed for people who are not programming or website experts who can use it.
Launched in 2006 and until 2019 is expected to reach 1,000,000 sales websites using the Shopify platform, Shopify is currently considered to be the best e-commerce & business support website.
Why use Shopify for making money?
Shopify is an up-to-date and innovative e-commerce platform that offers many advantages compared to other competitors, such as:
- There are many beautiful and professional website interfaces for sales.
- There is a dedicated support area for you 24/7, and Shopify also has Shopify’s advanced to advanced video tutorials, if you have questions that Supporter has not answered in time, you can join the community of them and post to discuss.
Simple user interface suitable for newbies.
Many sales support features.
Always be updated and fix security errors.
The cost of using is relatively low.
- Good support for SEO website: Shopify has a lot of complementary apps for SEO because this is almost the top concern of customers in finding free customers from Google.
In particular, when you use Shopify, they will support you with a lot of suggestions and instructions for doing SEO for e-commerce. A special feature of Shopify is that your data is stored on their huge infrastructure, so the page loading speed is very fast, this is also a factor that helps your SEO to the top of Google effectively.
- Multi-channel sales: At Shopify, it integrates with Pinterest, Facebook, Amazon, eBay, Instagram, etc. you will easily manage all products in channels on Shopify interface. However, if you want to use this calculation, you must use the paid version, there is no 14-day trial.
- Support for making Dropshipping: Shopify is used by many people doing Dropshipping by Shopify with the Oberlo tool - this tool has the function to help you add products from Aliexpress, Amazon to the Store with just a few clicks.
Here are 5 ways to make money with Shopify you need to know:
Dropshipping with Shopify
First of all, I would like to introduce to you about Dropshipping. If you’ve already known about it, you can skip this part. Dropshipping is “sales that bypass shipping”. It is a retail method that stores do not need to store inventory. Instead, you transfer customer orders and shipment details to another manufacturer or supplier. These people will then deliver the item directly to the customer. With this way of doing business, retailers do not need warehouses and goods in the warehouse nor need to care about the shipping.
You can simply understand that you buy a product at a low price and sell it at a higher price and make a profit from the difference. The profit you get is the price difference between the supplier and the price you sell to customers minus shipping costs. The difference will be more or less depending on the type of product and how you choose a supplier.
The advantages of Dropshipping are:
Do not spend a lot of capital: the biggest advantage of this online business is that you do not need to invest in warehousing and transportation. If in the traditional business model, when you start the business, you will spend a significant investment in storage costs.
Flexible location: For a business person in the form of dropshipping, the location is not a problem, you only need a computer connected to the Internet to be able to work. As long as you can communicate with your customers and suppliers easily.
Do not worry about inventory, there is no case of importing a bunch of goods that cannot be sold, without having to find a store.
Commissions received immediately after completing each order. No waiting for review on a 3rd party.
However, everything will have good and bad sides. Dropshipping is no exception. It also has some disadvantages:
- Low profit: this is the disadvantage of this form because it costs less initial investment, so this is a form that many people choose to join, so that pushes up the competition.
- You will probably encounter trouble when the item is returned
- You have difficulty controlling product quality and shipping delays.
Next, I will take you through how to dropshipping with Shopify effectively.
Step 1: Choose products, suppliers with reasonable prices, negotiate prices and shipping with suppliers. This is an extremely important step, you must choose a reputable supplier with quality products and stable prices. Choosing the right supplier will determine how much profit and success you have with dropshipping.
Step 2: Post products to the store on Shopify.
- Step 3: Customers will come to your store to purchase and pay you via Paypal account or a Paygate accepted by your seller. .
Step 4: Buy and send to customers. You use the money that customers pay for you, through the purchase vendor, and ask the supplier to ship the product to your customers.
Step 5: Supplier packaging, shipping. By this step, you can track your order information and customer care.
- Step 6: Summarize the data, calculate the profit of each product, and make more appropriate adjustment plans.
Build your own store with Shopify
Selling Physical Products
Shopify will be an ideal platform to help you create a physical store quickly and easily. In particular, it will be difficult to find a better place than Shopify that can help you do all the work needed to create your own online store. All you need to do is plug in your products and go.
Notably, Shopify is said to be superior to its competitors because instead of taking away your control, it supports your store and helps you build a growing brand.
Fashion is not a new industry, but it is always an attractive investment from all individuals and organizations. The path that up to 30% of business startups choose to start a business. And here are the reasons why you should be in the fashion business instead of in other areas:
- Large customer base, potential market and no signs of slowing down yet.
- The rate of risk when investing in lower than in some other commercial sectors.
- Small startup capital.
- You can find a way to reach customers easily.
As long as you are a fashion lover, spend a little more time and effort you can open and develop an online clothing store with Shopify.
Tools like Oberlo, Printify, and Printful will be powerful tools to help you set up your own unique clothing line. They are provided by Shopify and have the ability to automatically link your online store to clothing manufacturers or apparel printers. With these apps, you can design your own products and enjoy the thrill of creating clothes that other people like and wear every day. Besides, these applications reassure you by the distribution of clothes will be streamlined.
Building your thrift store
If you are interested in exploring, this will be an attractive business idea because it will bring quite high profits and great feeling. You can own an online store to sell old things but with high historical or spiritual value. Many people appreciate and love these values and do not hesitate to buy them. You will have a good business and make a great profit if the goods you find are cool stuff. Did you find the Radioshack hat for only $2? Now it has become a $40 vintage vaporwave strapback.
Selling Digital Products
You can easily use Shopify to set up an e-commerce store that sells your own or others’ digital products. Today, customers are quite comfortable buying these products. Therefore, your costs are fixed quite a lot, most of you can earn 100% profit. In addition, you do not have to worry about encountering inventory problems. Let continue to see what kind of digital products you can choose to sell.
Teaching an Online Course
The Online Course is an amazing digital product, just create it once and you’ll have a long-term passive income stream. There will be thousands of people going to market and selling it to you, making you an attractive character. Selling online courses is one of the most profitable and least risky ways to make money. When customers pay for you, you only need to send the course download link to them. You are not afraid of being battered, not afraid of being buried capital, no need to worry about transportation issues, product damage as when selling physical products.
What you need to do is be knowledgeable about a topic that can teach others, preferably from start to finish. That topic can be about cooking, producing music, studying in school, etc. and then give a clear and sensible name for it. After that, you will probably need software such as Screenflow to help you record images and voice while you guide viewers through your tutorial. With Screenflow, you can shoot and cut your videos on a platform using the integrated video editor.
Sell your art online
Are you an art lover and have great artistic skills such as drawing, photography or making music? It would be great if you start thinking of an idea to build an online store that sells your own self-created products. It will not only be a great feeling when people recognize the value of your products but also help you have a long-term source of income so you can continue to nurture your passion.
With Shopify, you will find that as long as you have talent, other things will become extremely easy. Taking advantage of great tools like Printify or Printful will help your works become more perfect. They help your product to be sold as prints or framed posters or paintings. It is a simple and easy way to help turn your amazing work into a tangible product that customers can take home. Also, if you want to sell music works, you can use digital tools to create songs, beats, and so on.
Publish your own books
Do you like writing? If yes, why not publish the book yourself? Shopify will help you do that very easily and quickly. You won’t have to go anywhere and expect them to accept your work. You can own your own online store and sell your own daily works. It will be a long way to the list of best sellers. However, doing your favorite job and making money from it is really a great feeling. You can be knowledgeable about a topic and write about it interestingly. Maybe you’re good at cooking, good at economics, or knowledgeable in science, etc. Those books will surely be of interest to everyone if it is carefully invested in knowledge and writing.
To become an online publisher through Shopify, you can take advantage of the Digital Download app to publish your work as an ebook. When using this application, digital files will be saved as a product. Customers can buy and receive it via their email or in the form of a direct download link. Or else, Blurb and CreateSpace will provide you with customized printing services. When customers choose to buy the product, you can place an order with them. They will then custom print the book, then handle the entire archiving and implementation process.
Become a Shopify Affiliate Partner
One of the great ways you can make extra money with Shopify is to become an affiliate of them. You can easily sign up for this program and get affiliate links. From this registration, you can earn up to $ 2000 for an online store or business that has just been introduced to Shopify.
Below is how you can become a Shopify Affiliate:
- Apply and Promote:
First of all, you must register to become an affiliate of Shopify and join the program. Shopify will then review and approve your application. Next, you will receive the unique affiliate link and you can promote the use of the same channel on many different marketing channels, including Social Media Channels (Instagram, Facebook, Twitter, etc.), blogs, educational content, videos, sites, websites and so on.
- Earn: All partners are Shopify care and rewarded generously. It allows you to make a lot of money whether you are an App Partner, Shopify Expert or Affiliate. You can earn the first two months of paid subscription value which is 200% in bounty - up to $ 598 on standard plans for each new merchant referral. In addition, for every new Shopify Plus / Shopify Gold you refer to, earn 100% in bounty is equivalent to nearly $ 2,000.
Become a Shopify Expert
If you have a digital marketing agency, IT services, other marketing company or an aspiring product-based business, becoming a Shopify partner is like digging a gold mine. You can take advantage of this to make a lot of money if you are an expert in the following areas:
- Online store setup
- Online store design
These experts can earn USD 500 to even USD 20K for a project based on the scope, time and complexity of the project.
Cool tip for you: Only when you have more than 5 referrals and development stores referred to Shopify will you be considered Shopify Expert. Let get started.
Become a Shopify App/Theme Maker
Becoming a Shopify App / Theme Partner is also believed to be one of the great opportunities to earn money from Shopify for you. Usually, top app partners can earn over 1-2 Million USD per year. You can also become one of them and sell products like themes from Shopify Theme Store or apps from Shopify App Store.
Above is a detailed article on how do you make money with Shopify. I’ve listed you on useful ways to make money efficiently and permanently from Shopify like build your own store and dropshipping. What’s more, becoming a Shopify Affiliate Partner, a Shopify Expert, or a Shopify App / Theme Maker are also great options for mining gold.
I do hope that you will choose the best method to make money with Shopify and accompany Shopify for a long time. Wish you the best luck and success.