Do you want to know how to make money with Shopify?
This guide will teach you how to launch your Shopify store, how to make money with Shopify & how to boost your sales.
What Is Shopify?
…Shopify is an online site and ecommerce platform through which you can set up your own online shop and begin selling products. It is perhaps the most reputable and credible of its kind and has been used by many to make thousands, millions even, of pounds almost completely passively.
Why Use Shopify?
Shopify gives you everything you need to set up your online store — a web domain, hosting, payment gateways and just about all of the things you’ll require.
Still not convinced?
Massive companies such as Pixar, Evernote and Wikipedia all use Shopify to run their online store systems. It is trusted, reliable and an invaluable tool to boost your success with ecommerce whilst still giving you full control over the design & layout of the site. There is no need to know anything about coding, the layout is easy for beginners.
Dropshipping is the term given to a form of ecommerce that doesn’t actually involve an inventory — you never need to handle the products you’re selling.
…Instead, when a customer purchases a product, you simply have it delivered straight to them.
Say a customer purchases a product from your online store for, say, £20. You then head on over to a site such as aliexpress.com and purchase the product for £2.
You have this product shipped straight to the customer for a fee of, let’s say around £6.
This way, you never see the product and never have to pay to handle it, all the while making a tasty profit of £18 for simply being a middle man.
How to Make Money on Shopify
Now that you’ve got your site set up and running, it’s time to start actually making some money from it.
The underlying principle behind the Shopify world of dropshipping is buying products for cheaper than you sell them for. This is often done by purchasing from countries that sell for low amounts, such as China.
When deciding on products to dropship, heading over to a site such as Aliexpress of Everbuying is the best place to start.
Here, you can view lists of all of the products available for you to resell. When you’ve decided on the types of products you’d like to start selling, try to find several products within that area and begin listing them on your site.
Below is a list of useful pointers to boost your Shopify sales and multiply your profits:
Boosting Your Profit Margins
Try to choose products that will provide a decent profit margin for you to earn from.
In all likelihood, you won’t be selling a tonne of products within your first few months of Shopify and so it’s no good selling products that only give you a few pounds of profit per sale because you won’t be earning enough to support yourself.
Be sure to choose products that sell for much more than you’re buying them for in order to maximise your success.
How To Make Money With Shopify From SEO
Search engine optimisation is the absolute key to the success of any website. SEO is a huge industry that generated millions of pounds per year, and, sadly, many site-owners fork out tonnes of money to SEO companies to see little benefit.
It’s crucial to put the time and effort into choosing the appropriate keywords to get your site ranking in search engines and earn a decent income from Shopify.
If people aren’t able to find your site, they simply won’t be able to buy your products and thus you won’t make money from it. The key to ranking in search engines is to conduct decent keyword research using keyword planning tools such as Google’s Keyword Planner in their AdWords campaign and Bing Ads’s similar tool.
Punch in different keywords that relate to your site. Be sure that the results show that these words not only have a high monthly search volume but that they also relate to a niche that involves transactions.
These transactional keywords are words that people search with when they’re hoping to buy something, whereas informational words are those that people type in if they want to find out information.
Scattering transactional keywords across your website is the most effective way to boost your sales, as people that are looking to make a purchase will use these. Users of informational keywords won’t be wanting to make purchases and therefore will use the information on your site without actually buying anything.
How To Make Money With Shopify — Summary
As more people begin to visit your Shopify site, your sales will begin to increase over time and you’ll be earning much more money very quickly. It really is one of the easiest ways to earn extra cash and takes practically no skill — just some time and effort and a little advice.
And that’s the complete guide on how to make money with Shopify — now it’s time to put the effort in!