Are you considering using Shopify for your online business? Then you might be interested in these 8 Shopify customer statistics. We have collected data from various sources to give you a better understanding of the platform's popularity, usage, and performance. From the number of users to the growth rate, we have covered it all. In this post, we will also explain how we collected this data so that you can trust its authenticity. By the end of this article, you will have a better idea of whether Shopify is the right platform for your business needs or not. So let's dive in!
How do we collect this data?
By leveraging best practices and integrating customer data from different sources. Utilizing platforms such as Demandsage, Marketsplash, and Yaguara can further streamline the data collection process, and verifying sources credibility.
8 Shopify customer statistics
Let's have a look at the 8 Shopify customer statistics that can help you make an informed decision for your online business.
- Shopify has 700 million consumers as of 2024. [Source: Yaguara]
- Due to the ease of use, vast app catalog, and integrated payment options, over 4.4 billion online stores and an average of 2.1 million daily active users will use Shopify in 2024. [Source: Yaguara]
- Shopify conversion rates are highest among email users (4.29%), with product search (3.04%) coming in second, followed by direct search (2.93%), then social media (1.81%). [Source: Marketsplash]
- Nearly 649 million people made a purchase from a Shopify store in 2022 alone. For an idea, there are 2.14 billion people shopping online as of 2024. [Source: Demandsage]
- An average Shopify store in the United States makes around $72 from one customer. We've seen merchants focusing on retention strategies to keep their customers coming back and spending again to minimize acquisition costs. [Source: Folio3]
- Considering region for customers can really help to sell to them. Whether you are shopping from the UK, Europe, Germany, China, Latin America, or New Zealand, Shopify stores can show the correct language. Shopify supports 20 languages. [Source: Shopify]
- Shopify has 700 million consumers in 2023. These numbers were just 28 million in 2014. [Source: Yaguara]
- Making money on Shopify largely depends on your store’s niche and reach to the customers. An average Shopify store makes around $5,583 per month which calculates to up to $67,000 annually. [Source: Yaguara]
Conclusion
Understanding customer statistics is crucial for business retention and growth. Customer data plays a pivotal role in improving customer support and developing effective sales strategies. Additionally, customer journey maps aid in understanding the overall customer experience, contributing to enhanced service delivery and customer satisfaction. Analyzing customer statistics not only helps in retaining existing customers but also in acquiring new ones through excellent customer service and a personalized sales funnel.
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