Shopify is a content management system designed specifically for e, and commerce retailers. It has a tonne of features and benefits that can help you grow your shop and customer base. It’s been designed with a user friendly interface that makes it easy for even the least tech savvy person to manage and use.
Shopify is one of the best ecommerce platforms on the market today, especially if you run a larger business. It’s designed to help people build their own, scalable online store with hundreds of built-in features, and tons of apps. You can sell products directly on your website, and across multiple marketplaces and social media.
A frequent inquiry we ran across in our research was “What is Shopify and how does Shopify work?”.
Shopify offers a lot more than an ecommerce sales platform. This tool is more like a product database or inventory management system, allowing you to sell items on a website, through channels such as Pinterest and Facebook, and in a point of sales situation.
Unlike Amazon or Ebay, Shopify is not a “marketplace facilitator”. Therefore, Shopify doesn’t fall under marketplace facilitator laws that require stores like Amazon or Ebay to collect and remit sales tax for its sellers. So, the Shopify seller is responsible for remitting sales tax to the states.
Shopify isn’t just seen as a platform that offers e. Commerce solutions but as a ‘website builder’. This means that you don’t need any knowledge of programming or coding to build your store, the subsequent pages that it requires and set up a blog for it.
Why do Shopify stores fail?
Why Shopify Stores fail mostly is because they are not making enough sales and they often lack conversion tactics. In the past I’ve used the Shopify Booster Theme to improve my conversions. This theme is elegant, simplistic and it is has been designed to be highly optimized for improving sales.
That’s because for a marketplace, you need features that aren’t included in Shopify stores. For example, just being able to add multiple sellers who create their own profiles is not possible with Shopify. That said, you can use a third-party multi-vendor marketplace app.
Though it’s easy to use and every item is just a click away, building a store on Shopify does come with some disadvantages. The store charges you a transaction fee when you make payments using Pay. Pal or Stripe. Though Shopify offers a ton of themes, you will have to reformat all your content every time you change it.
This begs the query “How many Shopify stores are there?”
You see there are over 800,000 merchants using the e. Commerce platform, but one must ask themselves “How many of these stores succeed and why Shopify stores fail, what is the reason?” Well if you’re in the later category and you’re store is not doing well.
Should you build your own eCommerce store or sell products through Shopify?
Building an e. Commerce store can seem like a daunting task, especially if you can’t decide whether you want to build your own website or sell products through a Shopify store. Both the options have their pros and cons and there could be multiple reasons as to why you may choose one over the other.
Branding a Shopify store can leave a lasting impression in someone’s eyes. I recommend going for unique catchy names (short though) and a nice simple logo that is easily remembered. For example I use to have a store called Firey. Discounts (I’ve since closed this Shopify store) that sold a broad range of niched products.
One answer is that now you know why a Shopify multi-vendor marketplace might not be the best alternative for you if you want to grow and scale a profitable marketplace business. A Shopify marketplace is only available if you purchase an add-on app. A more robust alternative is to use a marketplace Saa. S to create your marketplace.
Is Shopify a good place to start Seo?
For any website SEO is key and Shopify allows for SEO everywhere (product photos, collection photos, product listing tags etc.). I’ve only had my Shopify shop open for a month now and I’m already showing up in the first page of search!
Do Shopify sellers need to focus on Economic Nexus states?
Shopify sellers are different. They need to focus on the 46 economic nexus states, including Alaska, and D. C, of which 26 have transactions of only 200. Once Shopify sellers trigger economic nexus in a state, they are responsible for collecting and remitting sales tax on those sales in that state.
Does Shopify charge sales tax?
Therefore, Shopify doesn’t fall under marketplace facilitator laws that require stores like Amazon or Ebay to collect and remit sales tax for its sellers. So, the Shopify seller is responsible for remitting sales tax to the states. Remember that any sales tax you collect, you technically don’t own.