Shopify Future Table of Contents
Shopify has seen huge growth during the 2020 - 2022 global lockdown.
As Shopify rolls out new payment and shipping features, Shopify sees a 57% increase in revenue. When Shopify announced record profitability for the second quarter of 2022, it was clear that they were on track to achieve their goal. To $1,119.4 million, total revenues increased by 57% from the previous year. Revenues from Subscription Solutions increased by 70% to $334.2 million year over year.
Shopify e-commerce features and functionality empower organizations to open their own web stores, process payments, satisfy orders, and deal with their own advertising schemes. Shopify's decentralized system empowers it to grow quicker than Amazon in the course of recent years. Still, shopify have a ton of space to develop. Generally, shopify serves close to 2 million organizations today. That is in excess of a ten times bounce from its over 160,000 traders in the initial quarter of 2015.
Fundamentally shopify serves small to medium-sized organizations. However, with its Shopify Plus stage, it presently serves an expanding number of huge venture clients. On the off chance that Shopify can make $12 billion in yearly compensation by 2025, it would address a CAGR of 32.6%. On the off chance that it stays mindful of that improvement rate over the following five years, it could convey almost $50 billion in pay in 2030. That additionally gives off an impression of being a rational progressive bearing for Shopify, particularly as the invasion rates of web and online business rise all through the planet. Shopify presently exchanges at more than 40 times this current year's sales. Assuming that its cost to-sales proportion chills to like 30 times sales, Shopify may very well be valued at $1.5 trillion by 2030.
Shopify will probably still be valued less in contrast to Amazon in 10 years, yet that doesn't mean it will be a more fragile investment. Shopify could in any case create stronger income development than Amazon for years to come. Crossing $1 trillion mark intersection within the following decade would be a momentous achievement for an organization that was established in 2006. It would likewise turn into Canada's first trillion-dollar organization. The previous decade uncovered that Shopify's decentralized methods has the same amount of fortitude as Amazon's centralized market centers, and that pattern could undoubtedly proceed throughout the following 10 years.
Shopify is a technological organization that assists businesses with getting on the web by setting up e-commerce websites and taking care of related administrations. Shopify stock value went up over 250% last year growing to $130 billion. The organization is likewise moving into the fulfillment market, working out a U.S. network of distribution to store and transport items from vendors to clients. Utilizing this, Shopify could situate itself as a more dealer friendly option in contrast to Amazon. Presently the Covid-19 pandemic has likewise been a significant tailwind for Shopify, as it has sped up the shift of organizations on the internet.
Shopify's margins could extend further to near 20% in the next four years, driven by higher economies of scale and consistent higher margins for the quickly developing dealer solutions business. In the event that income grow seven times over the course of the following years, rather than the P/E contracting from around 450x currently to about 65x, a situation where the P/E metric falls all the more modestly. One may expect that Shopify will exchange somewhat ahead of these organizations considering its model that is asset-light. This would create a genuine chance for development of about 70% in Shopify's stock in the coming years, taking its market cap to more than $220 billion
Scroll down to read our indepth Ecommerce Platforms guide. What you should know, Ecommerce Platforms features, price plans and support. Pros and Cons of Ecommerce Platforms as a ecommerce, everything is explained below.
Shopify is a software company that specialises in ecommerce software for small to enterprise level businesses.
Shopify is listed as the best ecommerce software related to Ecommerce Platforms. Shopify was founded in 2006 in Ottawa, Canada and currently has over 6,124 employees registered on Linkedin.
Lets see how Shopify compare to other ecommerce platforms out there.
Name | Rating | Established | Head Office |
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9.9 | 2006 | Ottawa, Canada |
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9.8 | 2006 | Ottawa, Canada |
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9.7 | 1999 | Austin, TX |
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9.7 | 2005 | San Francisco, CA |
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9.7 | 1997 | Tamarac, FL |
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9.7 | 2005 | Salt Lake City, UT |
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9.7 | 2009 | Encinitas, CA |
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9.6 | 2000 | Dublin, Ireland |
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9.6 | 2001 | Frisco, TX |
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9.6 | 2008 | Chennai, Tamil Nadu |
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9.6 | 2016 | Carmel, IN |
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9.6 | 2006 | Montreal, Canada |
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9.6 | 1999 | Cologne, Germany |
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9.6 | 2019 | Victoria, Canada |
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9.5 | 2007 | Wellington, New Zealand |
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9.4 | 1995 | Seven Fields, PA |
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9.2 | 2011 | Los Angeles, CA |
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9.2 | 2008 | Yaroslavl, Russia |
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9.2 | 2005 | Santa Barbara, CA |
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9.2 | 2011 | San Francisco,United States |
*please check with the vendors directly for the latest pricing.
Name | Price | Duration |
---|---|---|
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$29 - $299 | Per month, Per month, Per month, |
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$29 - $299 | Per month, Per month, Per month, |
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$RequestPricing - $RequestPricing | |
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$0 - $99 | Per month, Per month, Per month, Per month, Per year, Per year, Per year, |
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$29 - $299 | Per month, |
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$9.99 - $Free | Per month, Per month, Per month, |
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$0 - $99 | Per month, Per month, Per month, Per month, Per year, Per year, Per year, |
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$RequestPricing - $RequestPricing | |
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$RequestPricing - $RequestPricing | |
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$99 - $299 | Per month, Per month, Per month, |
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$79 - $299 | Per month, Per month, Per month, Per year, Per year, Per year, |
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$36.16 - $36.16 | Per month, |
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$RequestPricing - $£79 | Per month, Per month, Per month, |
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$1.7 - $1.7 | one-time/user, |
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$85 - $295 | Per month, Per month, Per month, |
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$RequestaFreedemo - $RequestaFreedemo | |
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$RequestPricing - $RequestPricing | |
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$66.58 - $799 | Per month, Per month,One Time Free, |
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$GetPrice - $GetPrice | |
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$10 - $10 | Per month, |
Name |
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Shopify Features
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Shopify Plus Features
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Volusion Features
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WooCommerce Features
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3dcart Features
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Big Cartel Features
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Ecwid Features
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Kooomo Features
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Ecomchain Features
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Contalog Features
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PayKickstart Features
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Upclick Features
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Trusted Shops Features
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PayMotion Features
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Storbie Features
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Nexternal eCommerce Platform Features
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Virto Commerce Features
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nopCommerce Features
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FastSpring Features
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Gumroad Features
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Customer service is very important when using a ecommerce like Shopify.
When investing in and dealing with a ecommerce for your business, timely customer support is essential.
Customer service includes assistance in installation, training, troubleshooting, upgrading, and cancellation of a product or service.
Your ecommerce solution should offer customer support that includes Phone answering services, Live chat support and Email customer service support.
Shopify and Shopify Plus offer support where clients are able to call or contact the helpdesk via email or a chat service.
Name | Support Rating | Support | Languages |
---|---|---|---|
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8.4 | Phone, Email | English |
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8.5 | Phone, Email, Live Chat | Danish, German, English, Finnish, French, Hindi, Japanese, Korean, Malay, Dutch, Norwegian, Portuguese, Spanish, Swedish, Thai, Turkish, Chinese (Simplified), Chinese (Traditional) |
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7.3 | Phone, Email, | English |
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7.4 | Phone, Email | Afrikaans, Arabic, Danish, German, English, Finnish, French, Hebrew, Italian, Japanese, Korean, Dutch, Norwegian, Spanish, Swedish, Turkish, Chinese (Simplified) |
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8.4 | Phone, Email, Live Chat | English |
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8.1 | Phone, Email | English |
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9.6 | Phone, Email | German, English, French, Indonesian, Italian, Dutch, Portuguese, Russian, Spanish |
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9.4 | Phone, Email, Live Chat | Xhosa, Tonga (Tonga Islands), Samoan, Maori, Maltese, Fijian, Tibetan, Chinese (Simplified), Vietnamese, Uzbek, Urdu, Ukrainian, Turkish, Thai, Telugu, Tatar, Tamil, Swedish, Swahili, Serbian, Albanian, Spanish, Slovenian, Slovak, Russian, Romanian, Quechua, Portuguese, Polish, Punjabi, Norwegian, Dutch, Nepali, Malay, Mongolian, Macedonian, Marathi, Malayalam, Lithuanian, Latvian, Latin, Korean, Central Khmer, Georgian, Japanese, Italian, Icelandic, Indonesian, Armenian, Hungarian, Croatian, Hindi, Hebrew, Gujarati, Irish, French, Finnish, Persian, Basque, Estonian, English, Greek, German, Danish, Welsh, Czech, Catalan, Bulgarian, Bengali, Arabic, Afrikaans |
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9.7 | Phone, Email | Arabic, German, English, French, Gujarati, Hindi, Italian, Latin, Malayalam, Nepali, Punjabi, Polish, Portuguese, Spanish, Urdu, Chinese (Simplified) |
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10.0 | Phone, Email | English |
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9.7 | Phone, Email, Live Chat | Arabic, Czech, Danish, German, English, French, Hebrew, Hindi, Hungarian, Italian, Japanese, Korean, Dutch, Norwegian, Polish, Portuguese, Russian, Slovenian, Spanish, Serbian, Vietnamese, Chinese (Simplified) |
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4.0 | Phone, Email | English |
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10.0 | Phone, Email | English |
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10.0 | Phone, Email | Arabic, Czech, Danish, German, Greek, English, Finnish, French, Hindi, Indonesian, Italian, Japanese, Korean, Dutch, Norwegian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Vietnamese, Chinese (Simplified) |
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9.8 | Phone, Email | English |
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9.6 | Phone, Email, Live Chat | English |
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8.9 | Phone, Email | German, English, French, Italian, Dutch, Norwegian, Russian, Spanish, Swedish, Chinese (Simplified) |
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7.7 | Phone, Email | Arabic, German, English, Persian, French, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Vietnamese, Chinese (Simplified) |
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9.1 | Phone, Email, Live Chat | Arabic, Czech, Danish, German, Greek, English, French, Croatian, Hungarian, Italian, Japanese, Korean, Latvian, Lithuanian, Dutch, Polish, Portuguese, Russian, Slovak, Spanish, Serbian, Swedish, Turkish, Chinese (Simplified) |
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10.0 | Phone, Email | English |
Ensure that the ecommerce solution you decide upon provides the exact range of tools your organisation needs. Check ECOMMERCE is a good fit for your business.
An important factor for business owners to consider when looking for a Ecommerce like Shopify is the support and educational resources the Ecommerce platform can offer.
Choose a ecommerce that is considered an industry-leader with a well tested and well known software platform.
If you are thinking of using the Shopify platform you will need to know that Shopify is ecommerce that you can rely on.
Shopify is the best Ecommerce solution by overall rating based on price, support and feature set.
Shopify is the cheapest Ecommerce solution, price plans start at $29 and goes all the way up too $299 depending on the plan.
Some Ecommerce providers offer free plans, but its best to go with a provider that 100% is able to fulfill your needs rather than go cheap. Especially for your business.
The most popular Ecommerce solutions are Shopify, Shopify Plus, Volusion, WooCommerce. This is measured by number of active users and overall rating.
Overall rating | 84% |
Support Rating | 88% |
Setup Rating | 84% |
Price Plan | Price | Price Plan Duration |
Basic | $29 | Per month |
Professional | $79 | Per month |
unlimited | $299 | Per month |
Overall rating | 85% |
Support Rating | 88% |
Setup Rating | 85% |
Price Plan | Price | Price Plan Duration |
Mid-Market | $29 | Per month |
Enterprise | $79 | Per month |
$299 | Per month |
Overall rating | 73% |
Support Rating | 88% |
Setup Rating | 73% |
Price Plan | Price | Price Plan Duration |
Mini | Request Pricing | |
Plus | ||
Pro | unknown | |
Premium | unknown | |
unknown |
Overall rating | 74% |
Support Rating | 88% |
Setup Rating | 74% |
Price Plan | Price | Price Plan Duration |
Small-Business | $0 | Per month |
Mid-Market | $15 | Per month |
Enterprise | $35 | Per month |
$99 | Per month |
Overall rating | 84% |
Support Rating | 88% |
Setup Rating | 84% |
Price Plan | Price | Price Plan Duration |
3dcart BASIC | $29 | Per month |
3dcart PLUS | $299 | |
3dcart PRO | ||
3dcart Enterprise | unknown | |
unknown |
Overall rating | 81% |
Support Rating | 88% |
Setup Rating | 81% |
Price Plan | Price | Price Plan Duration |
Titanium | Free | Per month |
Diamond | $9.99 | Per month |
Platinum | $19.99 | Per month |
Gold | $29.99 | |
Overall rating | 96% |
Support Rating | 88% |
Setup Rating | 96% |
Price Plan | Price | Price Plan Duration |
Free | $0 | Per month |
VENTURE | $15 | Per month |
BUSINESS | $35 | Per month |
UNLIMITED | $99 | Per month |
$12.50 | Per year |
Overall rating | 94% |
Support Rating | 88% |
Setup Rating | 94% |
Price Plan | Price | Price Plan Duration |
Small-Business | Request Pricing | |
Mid-Market | ||
Enterprise | unknown | |
unknown |
Overall rating | 97% |
Support Rating | 88% |
Setup Rating | 97% |
Price Plan | Price | Price Plan Duration |
Small-Business | Request Pricing | |
Mid-Market | ||
unknown |
Overall rating | 100% |
Support Rating | 88% |
Setup Rating | 100% |
Price Plan | Price | Price Plan Duration |
Basic Terms | $99 | Per month |
Small Terms | $199 | Per month |
Growing Terms | $299 | Per month |
Overall rating | 97% |
Support Rating | 88% |
Setup Rating | 97% |
Price Plan | Price | Price Plan Duration |
Premium Plan | $99 | Per month |
Professional Plan | $199 | Per month |
Basic Plan | $299 | Per month |
$79 | Per year |
Overall rating | 40% |
Support Rating | 88% |
Setup Rating | 40% |
Price Plan | Price | Price Plan Duration |
Small-Business | 36.16 | Per month |
Mid-Market | ||
Enterprise | unknown | |
unknown |
Overall rating | 100% |
Support Rating | 88% |
Setup Rating | 100% |
Price Plan | Price | Price Plan Duration |
Small-Business | £79 | Per month |
Mid-Market | £129 | Per month |
Enterprise | Request Pricing | Per month |
Overall rating | 100% |
Support Rating | 88% |
Setup Rating | 100% |
Price Plan | Price | Price Plan Duration |
Small-Business | 1.7 | one-time/user |
Mid-Market | ||
Enterprise | unknown | |
unknown |
Overall rating | 98% |
Support Rating | 88% |
Setup Rating | 98% |
Price Plan | Price | Price Plan Duration |
Small-Business | $85 | Per month |
Mid-Market | $125 | Per month |
Enterprise | $295 | Per month |
Overall rating | 96% |
Support Rating | 88% |
Setup Rating | 96% |
Price Plan | Price | Price Plan Duration |
Small-Business | Request a Free demo | |
Mid-Market | ||
unknown |
Overall rating | 89% |
Support Rating | 88% |
Setup Rating | 89% |
Price Plan | Price | Price Plan Duration |
Small-Business | Request Pricing | |
Mid-Market | ||
Enterprise | unknown | |
unknown |
Overall rating | 77% |
Support Rating | 88% |
Setup Rating | 77% |
Price Plan | Price | Price Plan Duration |
Small-Business | $66.58 | Per month |
Mid-Market | $99.67 | Per month |
Enterprise | $299 | One Time Free |
$799 |
Overall rating | 91% |
Support Rating | 88% |
Setup Rating | 91% |
Price Plan | Price | Price Plan Duration |
Small-Business | Get Price | |
Mid-Market | ||
unknown |
Overall rating | 100% |
Support Rating | 88% |
Setup Rating | 100% |
Price Plan | Price | Price Plan Duration |
Small-Business | 10 | Per month |
Mid-Market | ||
Enterprise | unknown | |
unknown |
If you feel some of the above ecommerce solutions are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of ecommerce below.
You can read some of our Ecommerce side by side vs page comparisons.
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