Shopify is a well-known ecommerce platform. But how big are they? How many people use them?
Shopify is a brand you may have heard of. Two men started selling snowboards online. Two men sold snowboards online and then they decided to create their platform.
This is truly inspirational, right? The stats include:
Top Shopify Statistics
Shopify has been used by over 1.7 million merchants. Shopify Unite
Shopify had $5.1 billion+ in sales in 2020. (Shopify & You)
Shopify’s first quarter 2021 revenue totaled $988.6 Million. (News Shopify)
Shopify has over 7,000 employees.
Shopify Facts
Shopify was founded in 2006 by three Canadians. They were motivated by their lack of e-commerce experience and wanted to sell snowboard gear.
Shopify has a nearly 20% market share.
Shopify has more than 100 themes.
Shopify was the first brick-and-mortar storefront to open in Los Angeles in 2018,
Shopify offers a large affiliate program. Affiliates can earn an average of $58 per signup for a paid plan.
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Global Ecommerce Statistics
What’s the global ecommerce market?
Shopify has released global ecommerce statistics. These statistics will assist marketers and business owners in determining where the global market is heading and which trends are ahead.
The global e-commerce market is expected to grow to $4.89 Trillion in 2021. This is almost 400% more than the previous seven years.
57% of online shoppers purchase from overseas retailers
Credit cards remain the most popular payment method in the world. In developing countries such as India and China, cash on delivery and direct debits are becoming more popular.
China is the country that has the highest ecommerce sales, and the largest market share. It surpasses the United States.
Shopify Statistics – What is Shopify’s total size?
Shopify is huge, but how many Shopify stores will there be by 2021?
Shopify was used by 2,297,000,000 websites in 2021.
This is a list of Shopify’s stores that live by country.
| Country | Live Stores Using Shopify | |||||
| United States | 1,132,470 | |||||
| United Kingdom | 65,167 | |||||
| Australia | 45,403 | |||||
| Canada | 36,860 | |||||
| Germany | 27,442 | |||||
| France | 24,199 | |||||
| Netherlands | 14,385 | |||||
| Brazil | 12,641 | |||||
| India | 9,649 | |||||
| New Zealand | 9,606 |
Shopify America is America’s third-largest online retailer after Amazon and eBay.
Shopify Usage Statistics
Some of the most well-known brands, such as Pepsi, Gymshark, Unilever WaterAid, and Redbull, Redbull, and Redbull are customers of Shopify.
Roxxe and Workie are the most popular Shopify themes. Source Ecommerce platforms
Of Shopify merchants, more than 80% use third-party applications 25.8 million apps have been downloaded (Source: Shopify).
Shopify POS empowers over 100,000 merchants (Source: Shopify).
An online buyer is twice as likely to buy a 3D model than a flat picture. Source: SpeedBooster
Shopify Traffic and Statistics
Shopify’s global platform revenues are estimated at $200 billion.
Email conversion rates are the highest for Shopify stores, at 4.29%. Search conversion rates after emails are 3.04%. This includes 2.93% and 1.81% direct.
Mobile traffic makes up 79% and 69% of total traffic, respectively.
Shopify users spend more time than 3 minutes per day, and visit more stores than 3!
Shopify received more than 58,000,000 visits by 2020.
Shopify’s most profitable businesses have annual revenues between $7 billion and $11 million.
Shopify generated more than $900 million in subscriptions and nearly $2 billion in merchant solutions in the fiscal year 2020.
Other Interesting Statistics About Shopify
Shopify’s MORR (monthly recurring revenue) has increased 48% over 2018. Source: Motley Fool
Shopify App Store offers 6,000 Shopify Apps across 12 categories.
Shopify powers over 841,000 US-based stores.
Shopify Stats – Your Questions Answered
How many Shopify stores will be there in 2021?
There will be more than 5300 Shopify Plus stores by 2021 (Source: Shopify.
Shopify merchants are active in over 1,000,000 countries.
Shopify’s inventory is constantly changing.
How many Shopify customers do you have?
Shopify has been used by over 2,297 million websites.
The United States holds 71.27% of all domains. Over 1,63 million domains are owned by the United States.
How many Shopify shops have been successful?
Shopify’s success rates, which range between 2% to 5% for various reasons, are quite impressive. You can still see Gross Merchandise Volume which is the total merchant store sales volume.
Shopify’s Gross merchandise Volume increased by 114%, from $17.40 billion to $37.30 million in the last quarter. Shopify Quarterly Report
Shopify – How much can you make?
Your monthly earnings can range from $1,000 to $100,000 depending on the product you choose and how many visitors you get on your Shopify website.
Remember that revenue can be affected by many factors, including your business type, traffic, and marketing.
Top 10 Proven Ways to Make Money With Shopify
Which companies are using Shopify?
These top Shopify companies are
- Kylie Cosmetics
- Gymshark
- Fitbit
- Whole Foods Market
- Budweiser
- FashionNova
- The New York Times
- Pepsi
Shopify has how many employees?
Shopify has over 7000 employees, while more than 700,000. are employed directly or indirectly in the Partner Community. Sources: Shopify and Your Blog
Conclusion
My 2021 Shopify stats are complete. Shopify is not the biggest platform in terms of market share, but it has experienced record-breaking growth in the past years.
The gross merchandise volume, online buyers, and merchants have increased year over year. These statistics also show that Shopify is the most neglected platform for e-commerce.
Shopify has been trusted by many brands making it a top option when you’re looking for partners or building your online store.
