Key Shopify Stats, Facts, and Trends in 2023
Global Shopify Statistics
Shopify Customers Demographics Statistics
Shopify Usage, Traffic, and Sales Stats
Shopify App Store Trends and Statistics
Shopify Merchant Statistics
BFCM Shopify Statistics
Shopify Revenue Statistics
Shopify Growth Statistics
Other Interesting Shopify Statistics
What is a good conversion rate for Shopify?
According to stats, a successful Shopify store has a 4.9% conversion rate. Only 10% of the best stores can achieve this result. The average conversion rate of the top 20% of Shopify sites is 3.4%. However, the average rate of all eStores that run on Shopify is 1.5%.
What is a bad conversion rate for Shopify?
Indeed, the 0% conversion rate that results in no sales is the worst one. The worst-performing 20% of Shopify websites have a 0.4% conversion rate. However, any result below 1.5%, the average conversion rate, is bad for a Shopify online store.
How many users does Shopify have?
According to Shopify statistics, there are more than 1,000,000 Shopify users globally. Unfortunately, roughly half of them don’t run their stores actively. In addition, up to 5% of people abandon using the eCommerce platform quickly, so their stores do not sell anything, even though they may be reachable online.
How many Shopify stores are there in 2021?
The exact information about stores run on Shopify is not public. Nevertheless, according to the statistics, more than 3,600,000 eCommerce websites online have been launched on Shopify. However, only a small share of them are actively used. The number of sellers who use Shopify POS for their offline physical businesses is around 100,000.
How many Shopify stores are successful?
Unfortunately, only 5% of shops launched on Shopify reach success and make a large number of sales online. The main reasons 95% of stores fail are the tough competition, lack of budget, and poor online business management knowledge of entrepreneurs. Also, experts say that an unwisely chosen dropshipping niche also leads to failure.
Conclusion
According to Shopify statistics, this eCommerce platform consistently grows at a high rate. The pandemic that forced many businesses to shift online helped the company gain revenue significantly in the last year. Shopify isn’t the leading eCommerce platform. However, it showcases steady growth, which is more important. Sources:
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