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What Percentage Of Shopify Stores Are Successful? Study Finds Only 2% of Stores Stick Around

By EcomAbout1 min read
What Percentage Of Shopify Stores Are Successful? Study Finds Only 2% of Stores Stick Around

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According to a study conducted by e-commerce platform provider Grid, only 2% of Shopify stores are successful in the long-term. The study highlighted the difficulties of running a Shopify store, and pointed out that most stores do not make enough income to remain viable. While the study did not provide absolute figures, it found that the majority of stores fail due to a lack of traffic and sales, as well as a lack of marketing and user engagement.Shopify stores

How many Shopify stores are profitable?

Shopify is one of the most popular ecommerce platforms on the market. According to Shopify, 81% of their merchants are still active and profitable after two years. This means that there is a lot of potential for success with Shopify. As of 2020, Shopify merchants have sold over 0 billion and it is estimated that around one million stores are using the platform.

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