What percentage of Shopify stores fail?

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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. Below are the reasons for this failure.

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Within the last 3 years, Shopify dropshipping has changed alot. And currently, the best way to make money is by building a branded one product Shopify store with a winning product. Being only 1 product... Read More



What is the success rate on Shopify?

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 sales volume across all merchant stores.



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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.

Do people have success on Shopify?

There are thousands of Shopify stores that have succeeded, generating 6-, 7- or even 8 figures and beyond of revenue on their stores. These are all catalogued under Shopify’s own Success Stories section, where you can browse through thousands of merchants’ stories, how they started and how they managed to succeed.8 Feb 2018
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