· Issue 39 · July 2017
Can You Still Make Money
from Shopify?
by Ricky Ahuja
Ricky Ahuja
S
hopify has been all the rage lately, both from a stock perspective, and as an alternative to setting up shop on
Luckily, Shopify eliminates this need for creating an ex-
Amazon. Many business owners identified it as a good
pensive website; all you need to do is create an account. Basi-
opportunity for creating ecommerce platforms, and for creat-
cally, think of Shopify like a big online shopping mall that rents
ing a solid base for a business that can expand in the future.
you their space for your online store. Moreover, with all of their
Shopify is clearly doing something right, considering how
themes, it is far easier for you to customize your store than
over 50,000 online stores use Shopify tools and applications
to pay for a web designer. In other words, if you do not have
to generate income online. Moreover, creating an online store
capital for starting your own online store, and you want to sell
is not the only way you can earn cash by partnering up with
your items, then Shopify is a good option for you.
Shopify, so in the following article, we will go over these approaches, and examine if they are indeed viable sources of revenue.
Affiliate program If you don’t have products you can sell, but still want to
“Shopify is one of the best out-of-the-box online solutions
earn money with Shopify, there is an affiliate program you can
available to quickly launch, grow, and scale your Ecommerce
join. Basically, you refer Shopify to people who want to have
products online” says Imran Rahman, CEO - Ecommerce Free-
their online store and you can earn up to $358 for each in-
dom Group.
dividual you refer this way. Alternatively, you can opt for the second option of this affiliate program, which allows you to
Setting up your store
earn residual income as a form of monthly payment.
In its core, Shopify is a website that allows you to sell goods online and basically set up and customize your store.
Conclusion
Clearly, if you want to be an online merchant, then you must
It does have some limitations as it’s a “hosted platform,”
have a product that you wish to put on sale and you will need
meaning that it’s not hosted or installed on your web server.
to make sure people see your product. Today, there are so
However, for the most part, you’re still able to do whatever you
many online shops you would have to compete with, and if
need to do to be able to sell your first or next million online.
you are not prepared to invest a lot of cash into your own web-
In summary, Shopify is one of the best technology solu-
site, then it won’t matter what platform you use; you will sim-
tions to launch a well represented Ecommerce brand enabling
ply remain unnoticed.
you to cash in on the Ecommerce Revolution.
8
Ricky Ahuja, a serial entrepreneur, fifteen-year veteran of the industry and Co-Founder of InvioPro.