How to Make Money on Shopify – Best 5 Ideas and a Few Alternatives

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how to make money on shopify

Shopify has become one of the largest eCommerce systems in the world. With more than a million stores in its portfolio and the constant growth of the online shopping industry, there are plenty of opportunities for those who want to get into business.

However, learning how to make money on Shopify is an entirely different story. Anyone can have a shot at it, but new stores tend to get lost in the multitude of options. You need something to stand out. How easy is it to make money on Shopify, and what should you do to be successful?

How to make money on Shopify with a dropshipping opportunity?

Dropshipping allows outsourcing products. You find a supplier, and you sell their products. There is no need to have an inventory or buy them upfront, but only as you sell – the supplier will send items to your customers then. Shopify will send all the information for you.

In other words, there is nothing you have to do. How to make money on Shopify is super simple if you find the right niche, a few reliable suppliers, and set up a quality store. You need to do the plan yourself and focus on marketing instead.

When looking for suppliers or things on demand, ImportDoor allows searching for all sea shipments entering the USA. One can search by supplier, importer, product, find quantities, frequency, bill of lading, and a bunch of other documents. A bit of research will give you plenty of ideas regarding what is on demand.

Monetize your social media profiles

Not sure how to make money on Shopify with your social media profile? You do not necessarily need to be an influencer with millions of followers. If you are already there, you probably make money in many other ways anyway.

Social media can be monetized over Shopify if you have a decent following. It works like a classic affiliate program. The basic plan on Shopify allows you to sell links or ads over your Instagram and Facebook posts.

No one will buy anything if you have 120 followers and 10 likes on each post. But a few thousand here and there, good interaction with the following, and professional activity may actually get you there.

Become an affiliate marketer

Affiliate marketing is not all about large stores on Amazon or similar networks. Instead, you can become an affiliate marketer for Shopify as well. How to make money on Shopify as an affiliate marketer is simple – you have to refer people to the store management profile.

Again, this is not the type of opportunity that works for everyone. A few followers on Instagram and a couple of hundred friends on Facebook will not give you too much. After all, you earn a commission for every customer registering through your link.

Instead, this opportunity is more suitable for influencers, content creators, educators, and so on. You need a solid following and good marketing skills – you need to sell Shopify as a recommendation rather than a random ad to which no one will pay attention.

Start a classic eCommerce store

A classic store is probably the first thing that comes to your mind when not sure how to make money on Shopify. Sometimes, creating something is better than dropshipping. It is more time-consuming and will likely ask for a small investment, but rewards can be better.

The platform is pretty simple to use – no experience required. You can add items, remove them, provide different checkout options, and even add a blog. The new content will keep you up in search engines and draw potential customers to your store.

Moreover, there are different Shopify applications to increase your sales. There are apps for upselling or perhaps marketing apps. This opportunity requires more research, though – you need something that you are passionate about but also something that sells.

Try to find a middle option between these two. Use ImportDoor to find suppliers and figure out the actual demand on the American market. The platform allows searching for every sea shipment that has ever entered the USA – observe trends, get contacts, check suppliers, and more.

Come up with your clothing collection.

Everyone would love their clothing line, and while it looks like you need some training and experience, these are only some old myths. Today, you can develop your line if you follow some simple rules.

First, you need to find a supplier. They will imprint different accessories and pieces of clothing with your design. Some apps will even show you the potential results – meaning you can use those pictures on your Shopify website.

The secret is in the actual design. It can be a fun collection or perhaps something provocative. You do not need to deal with shipping either – the supplier will take the order, grab their fees, print it on demand, and ship it.

In other words, you only need to come up with the right ideas and designs. How to make money on Shopify with your clothing line has never been easier. It can literally make your dreams come true overnight.

Other opportunities and tips to be successful on Shopify include:

  • Developing a niche product and bringing in excellent marketing
  • Setting up local grocery stores and marketing locally
  • Selling digital products
  • Offering different freelancing services based on skills

Conclusion

How to make money on Shopify? It’s not the most challenging thing in the world, but it is not too easy either. Marketing is a must for pretty much everything you do. With over a million Shopify stores out there, you want yours to make a difference, or no one will ever notice it.

On the same note, planning and researching will give you a competitive edge. Researching suppliers and checking import rates and amounts is part of the plan – most people overlook it. Find the right niche and take it easy. Also, keep in mind that most shops take more than a year to breakthrough.

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Alex Diaz

Alex Diaz

Hi, my name is Alex. I’m the owner of ImportDoor and I have a passion for commerce, import/export trade, data analytics and entrepreneurship. I created this tool to simplify the process of finding reliable supplier, manufacturers and products from all over the world! I welcome you to join our mailing list and enjoy the benefits we have to offer. Don’t miss out on accessing millions of records of reliable, up-to-date and accurate import data.

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