What percentage of Shopify stores are successful?

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Numerous stores have been built in Shopify, but you know what percent of Shopify stores fail? 5% of them reach the destination of success, while the remaining 95% of them fail.

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How much does the average Shopify store make?

Earning $226 revenue per customer will get you in the 10% of the best performing stores on the platform, whereas anything below $33 belongs to the bottom 10%. Shopify statistics indicate that the average Shopify store revenue for 2020 was $72 per customer.



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Are people successful on Shopify?

In case you’re still wondering are Shopify stores successful – yes, they most definitely are. Shopify businesses have contributed a whopping $319 billion to the world’s economy between the years 2016 and 2019.16 Jun 2020

Why do most Shopify stores fail?

There are many reasons why many Shopify stores fail. One of the most common ones is picking the wrong niche, not branding properly and also making mistakes when it comes to the financials of the store. Other things can be low-quality products or picking bad suppliers.
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