here are some Must-Know Shopify Statistics That Will Leave You Impressed. You might have heard the story behind Shopify. how it started when two men attempted to sell snowboards online, then dissatisfied with the existing platforms, they created a new one. The platform they created turned into one of the leading e-commerce platforms, hosting all kinds of companies.
That’s really inspiring, isn’t it? Wait until you see the stats. I compiled the most recent and mind-blowing Shopify statistics in this post. This includes the numbers on:
contents:
- Top Shopify Statistics
- Shopify Facts
- Global E-commerce Statistics
- Shopify Statistics: How big is Shopify?
- Shopify Usage Statistics
- Shopify Traffic and Sales Stats
- Additional Interesting Shopify Statistics
- Shopify Stats: Your Questions Answered
Top Shopify Statistics
More than 1.7M merchants sell using the Shopify platform. (Shopify Unite)
Shopify processed $5.1 billion+ in sales in 2020. (Shopify & You)
The Shopify App Store contains over 3,200 apps. (Shopify)
Shopify’s total revenue in the first quarter of 2021 was $988.6 million. (News Shopify)
Over 7,000 employees work for Shopify.
Shopify Facts
Shopify was founded in 2006 by three Canadian, inspired by their poor online e-commerce experience to sell snowboard equipment.
Shopify is one of the leading e-commerce platforms, with almost 20% market share.
There are over 100 free and paid Shopify themes available.
Shopify opened its first brick-and-mortar storefront in Los Angeles in 2018.
Shopify offers a large affiliate program, where affiliates can earn an average of $58 for each user they bring as signup members for a paid plan.
You might also like to see the top WordPress stats.
Global E-commerce Statistics
How huge is global e-commerce, and what are the leading trends?
Shopify has recently published some global e-commerce statistics to help marketers and business owners see where the global market and trends are headed:
Global e-commerce is expected to rise to a total of $4.89 trillion in 2021—almost a 400% increase in seven years.
57% of online shoppers make purchases from overseas retailers.
Globally speaking, credit cards remain the most popular payment method. In developing markets like China and India, debit cards, digital payment systems, direct debits, and cash on delivery are more popular.
China has the largest portion of global e-commerce size and sales, outranking the United States. (Oberlo)
Shopify Statistics: How big is Shopify?
So, you know that Shopify is huge, but how many Shopify stores are there now?
More than 2.1 million daily active users are using Shopify in 2023.
More than 3.75 million live stores are on Shopify in 2022. (genus.ai)
Shopify is the third-largest online retailer in the United States, following Amazon and eBay.
Shopify Usage Statistics
Shopify users include famous brands like Pepsi, Gymshark, Unilever, WaterAid, Redbull, and Tesla Motors. (Source: Shopify)
Workie, Roxxe, and Porto are three of the most popular Shopify themes. (Source: E-commerce Platforms)
More than 80% of Shopify retailers use third-party apps, and 25.8 million apps have been installed. (Source: Shopify)
Shopify POS powers over 100,000 merchants. (Source: Shopify)
Online shoppers are twice as likely to purchase a product with a 3D model over a flat image. (Source: SpeedBoostr)
Shopify Traffic and Sales Stats
Shopify’s total platform sales around the world are estimated at $200 billion to date.
Email generates the highest conversion rate for Shopify stores with 4.29%. Following emails, the search conversion rate is 3.04%, 2.93% direct, and 1.81% social.
Mobile traffic makes up 79% of the total traffic and 69% of orders of all traffic.
The average visitor spends over 3 minutes on Shopify and goes through more than 3 stores.
Shopify received more than 58 million visits in 2020.
The top-grossing companies on Shopify have annual revenues of $7 to $11 billion. (Statista, Shopify)
Shopify generated more than $900 million in subscription solutions and around $2 billion in merchant solutions in the fiscal year 2020. (Statista)
Additional Interesting Shopify Statistics
Shopify’s MRR (Monthly Recurring Revenue) increases by 48% in 2019 year over year. (Source: The Motley Fool)
There are 6,000 Shopify apps available on Shopify App Store with 12 different categories.
Shopify powers over 841,000 stores in the United States.
Shopify Stats: Your Questions Answered
How many Shopify stores are there in 2021?
There are over 5,300 Shopify Plus stores in 2021 (Source: Shopify.)
Shopify merchants run over 1,000,000 businesses in 175 different countries.
That being said: It’s important to note that the current number of active Shopify stores is constantly changing.
How many Shopify users are there?
There are over 2,297 Million live websites using Shopify. (Builtwith)
The majority of the domains (71.27%) are currently registered in the United States with over 1,63 Million domains. The United Kingdom and Australia follow the US completing the top three.
How many Shopify stores are successful?
Shopify’s success rate is pretty high with only between 2%-5% of stores abandoned quickly for varying reasons. However, Shopify doesn’t provide any detailed data about that. Still, we can look at the Gross Merchandise Volume, which is the sales volume across all merchant stores.
Last reported quarter 2023 Q1 it was $49.57 billion, up by 15% year-over-year from $43.20 billion. From $175.40 billion in 2021, it increased by 12% to $197.30 billion in 2022(Shopify Quarterly Results)
How much money can be made on Shopify?
Depending on the type of product and the amount of traffic you get on your Shopify website, you can make anywhere from $1,000 to $100,000 a month.
Mind that there are many variables that can affect the revenue you generate such as business types, amount of traffic, marketing, and so on.
What companies use Shopify?
Here are some of the biggest companies that use Shopify:
- Kylie Cosmetics
- Gymshark
- Fitbit
- Whole Foods Market
- Budweiser
- FashionNova
- The New York Times
- Pepsi
How many people work at Shopify?
There are over 7,000 employees working for Shopify while over 700,000 are employed directly and indirectly in the partner community. (Source: Shopify and You Blog)
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