GITNUX MARKETDATA REPORT 2024

The Most Surprising Shopify Statistics And Trends in 2024

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Shopify is one of the leading eCommerce platforms in the world, powering over 1 million businesses across 175 countries. In 2020 alone, Shopify’s revenue amounted to 767.4 million U.S. dollars and its Gross Merchandise Volume (GMV) surpassed 41.1 billion USD in H1 2021 – a testament to its success as an online store builder for merchants around the globe.

This blog post will explore some interesting statistics about Shopify that provide insight into how it has grown since 2013 and what makes it such a popular choice among entrepreneurs today: from where most of their customers are located, which categories generate the highest sales volume, average order values and conversion rates; to mobile device usage trends, app availability on their platform and more. We’ll also look at data related to international selling capabilities with supported currencies as well as rankings for their blog content amongst other top eCommerce blogs out there right now

The Most Important Statistics
As of January 2021, Shopify powers over 1 million businesses in 175 countries.

This statistic is a testament to the success of Shopify, demonstrating its reach and influence across the globe. It is a powerful indicator of the platform’s ability to empower businesses of all sizes, in a wide variety of countries, to succeed in the digital age. This statistic is a powerful reminder of the potential of Shopify to help businesses reach their goals.

In the third quarter of 2020, Shopify’s revenue amounted to 767.4 million U.S. dollars, a significant increase from the 390.6 million U.S. dollars generated in the corresponding quarter of the previous year.

This statistic is a testament to the success of Shopify in the third quarter of 2020, showing a remarkable 97.2% year-on-year increase in revenue. This is a clear indication of the company’s ability to capitalize on the shift to online shopping during the pandemic, and serves as a powerful reminder of the potential of e-commerce.

Shopify Statistics Overview

In 2020, most Shopify product sales were in the Clothing & Accessories category, amounting to 37% of total sales.

This statistic is a telling indication of the success of Shopify’s Clothing & Accessories category in 2020. It demonstrates that the category was a major contributor to the platform’s overall sales, accounting for a significant portion of the total. This is an important insight for anyone interested in Shopify’s performance and the trends that are driving its success.

Shopify had 218 million buyers in the twelve-month period ending September 30, 2020.

The fact that Shopify had 218 million buyers in the twelve-month period ending September 30, 2020 is a testament to the platform’s success and popularity. It is a clear indication that Shopify is a trusted and reliable platform for businesses to use to reach their customers. This statistic is a powerful reminder of the impact Shopify has had on the e-commerce industry and the success it has achieved in such a short period of time.

In 2020, mobile devices accounted for 65% of total Shopify sales.

This statistic is a testament to the power of mobile devices in the Shopify ecosystem. It highlights the importance of mobile optimization for Shopify stores, as well as the potential for mobile sales to drive growth. It also speaks to the increasing prevalence of mobile commerce, and the need for businesses to stay ahead of the curve in order to remain competitive.

Shopify’s Gross Merchandise Volume (GMV) surpassed 41.1 billion USD in H1 2021.

This statistic is a testament to Shopify’s success in the e-commerce space, demonstrating the company’s ability to generate a staggering amount of revenue in the first half of 2021. It is a clear indication of the platform’s growing popularity and its ability to provide a reliable and efficient service to its customers. This impressive GMV figure is a testament to Shopify’s success and is sure to be a major talking point in any blog post about Shopify Statistics.

Shopify’s annual revenue in 2020 was 2.929 billion USD, a 86% growth year-over-year.

This statistic is a testament to Shopify’s success in 2020, demonstrating an impressive 86% growth year-over-year. It is a clear indication that Shopify is a powerful force in the e-commerce industry, and a blog post about Shopify Statistics would be incomplete without mentioning this impressive feat.

Shopify accounted for 8.64% of global eCommerce platform market share in 2021.

This statistic is a testament to Shopify’s success in the eCommerce platform market, highlighting its impressive market share of 8.64%. It serves as a reminder of the company’s impressive growth and its ability to remain competitive in a crowded market. This statistic is an important indicator of Shopify’s success and is a key point to consider when discussing Shopify’s performance.

The average conversion rate for Shopify stores is around 1.6%.

This statistic is a valuable insight into the success of Shopify stores, as it provides a benchmark for store owners to measure their own performance against. It can be used to identify areas of improvement and to set realistic goals for store owners to strive for. Additionally, it can be used to compare the performance of different stores and to identify best practices that can be applied to increase conversion rates.

In 2021, around 9% of Shopify stores use abandoned cart emails to recover lost sales.

This statistic is a telling indication of the effectiveness of abandoned cart emails in recovering lost sales for Shopify stores. It shows that a significant portion of Shopify stores are taking advantage of this powerful tool, and it could be a great starting point for a blog post about Shopify Statistics. It could be used to explore the effectiveness of abandoned cart emails, and how other Shopify stores can benefit from using them.

In 2021, 63% of Shopify stores use pop-ups to grow their email list and encourage sales.

This statistic is a telling indication of the effectiveness of pop-ups for Shopify stores. It shows that a majority of Shopify stores are utilizing pop-ups to grow their email list and drive sales, suggesting that pop-ups are a powerful tool for Shopify stores to increase their reach and revenue. This statistic is an important piece of information for any blog post about Shopify Statistics, as it provides insight into the strategies that successful Shopify stores are using to succeed.

As of 2021, 21% of Shopify Plus stores used Google Analytics to measure their performance.

This statistic is a telling indication of the importance of Google Analytics for Shopify Plus stores. It shows that a significant portion of Shopify Plus stores are leveraging the power of Google Analytics to measure their performance, which speaks to the effectiveness of the platform in providing valuable insights into store performance. This statistic is an important piece of information for any blog post about Shopify Statistics, as it provides a clear indication of the importance of Google Analytics for Shopify Plus stores.

Shopify Payments has been used by over 137,000 merchants across 17 different countries from 2013 to 2021.

This statistic is a testament to the success of Shopify Payments, demonstrating its widespread use and global reach. It shows that Shopify Payments has been embraced by merchants from all over the world, and has become an integral part of their businesses. This is a powerful indicator of the trust and reliability that Shopify Payments has earned over the years, and is a great example of the impact it has had on the ecommerce industry.

In 2020, Shopify’s app store had more than 4,200 apps available.

This statistic is a testament to the sheer breadth of Shopify’s app store, showcasing the platform’s ability to provide users with a wide range of tools and services to help them build and manage their online stores. It’s a clear indication that Shopify is a powerful and versatile platform, capable of meeting the needs of a variety of businesses.

Shopify supports over 133 currencies for international selling as of 2021.

This statistic is a testament to Shopify’s commitment to global commerce. By supporting over 133 currencies, Shopify is making it easier for businesses to expand their reach and tap into new markets. This is a great opportunity for entrepreneurs to expand their customer base and increase their sales. Furthermore, it allows customers from around the world to purchase goods and services in their own currency, making the shopping experience more convenient and accessible.

In April 2021, Shopify’s blog was ranked 9th among the Top 45 eCommerce blogs.

This statistic is a testament to the success of Shopify’s blog, demonstrating that it is one of the most popular eCommerce blogs in the industry. It is a clear indication that Shopify is a leader in the eCommerce space, and that their blog is a valuable source of information for those interested in the industry. This statistic is a great addition to any blog post about Shopify Statistics, as it provides readers with a tangible example of the company’s success.

Conclusion

Shopify is a powerful eCommerce platform that has seen tremendous growth in recent years. As of January 2021, Shopify powers over 1 million businesses in 175 countries and generated 767.4 million U.S. dollars in revenue during the third quarter of 2020 alone – an impressive increase from the 390.6 million U.S. dollars reported for the corresponding quarter of 2019. Around 61% of these merchants are based in the United States, with Clothing & Accessories being their most popular product category at 37%. In addition to this, Shopify had 218 million buyers within a twelve-month period ending September 30th 2020 and boasted an average order value (AOV) of 64 USD throughout 2020 as well as 65% mobile sales share across all platforms last year too.

Moreover, its Gross Merchandise Volume (GMV) surpassed 41 billion USD by H1 2021 while 29% used custom domains on their stores; 63%, pop-ups; 21%, Google Analytics; 4200+, apps available on its app store; 133+, currencies supported for international selling and 9th rank among Top 45 eCommerce blogs respectively. All these statistics point towards one thing: Shopify’s success story continues to be written each day through more customers joining it every month than ever before – making it one of today’s leading digital commerce solutions worldwide.

References

0. – https://www.builtwith.com

1. – https://www.detailed.com

2. – https://www.littledata.io

3. – https://www.privy.com

4. – https://www.shopify.com

5. – https://www.help.shopify.com

6. – https://www.statista.com

7. – https://www.ir.shopify.com

ZipDo, cited June 2023: Shopify Statistics

FAQs

What is Shopify?

Shopify is a leading eCommerce platform that allows businesses to create, customize, and manage their online stores. It offers a suite of tools and features for managing product listings, processing orders, handling payments, and tracking inventory.

Who founded Shopify?

Shopify was founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake in Ottawa, Canada.

What are some common features available with Shopify plans?

Some common features of Shopify plans include unlimited product listings, multiple sales channels (e.g., online store, social media, marketplaces), access to the Shopify App Store, 24/7 customer support, and the ability to integrate with popular shipping providers and payment gateways.

How much does it cost to use Shopify?

Shopify offers several pricing plans to fit businesses of different sizes. The Basic Shopify plan starts at $29 per month, the Shopify plan is $79 per month, and the Advanced Shopify plan is $299 per month. There's also a Shopify Lite plan for $9 per month, which allows for selling on social media and adding ecommerce functionality to an existing website.

Does Shopify provide a point-of-sale (POS) system for brick-and-mortar stores?

Yes, Shopify offers a POS system for merchants who operate physical stores. The Shopify POS integrates with the online store to track inventory, manage customer data, and sync sales across both channels.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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