Shopify Review 2022 :
Table of Contents
What exactly is Shopify?
In 2004, TobaisLutke, Scott Lake and Daniel Weinand started off a store called Snowdevil to sell snowboarding equipment. Later, Tobias Lutke took a charge to build an e-commerce platform of his own as existing platforms were not really up to the mark for him back then. And then Shopify was launched in 2006
Shopify Review 2022
Shopify is an all-in-one E-commerce platform. It is cloud based software that’s packaged as a service shopping cart solution, and allows businesses to set up an online store with little to no hassle. In short it allows anyone to set up an online store and sell their products and hence take their business to the next level! It is majorly used by small and medium sized businesses across the world.
Stock Market Story of Shopify : Shopify Review 2022
Around September 2022, Shopify is recognized to have the largest market share of all the ecommerce platforms. Nearly one-third of e-commerce websites use Shopify to enhance their particular business.
Coming to share market story of Shopify, the company went public in the year 2015 with $17 as original price and started off trading at $28 which is already 60% higher than the original price.During the Coronavirus pandemic, the shares hit the low of $346 but this pandemic enhanced Shopify’s business like anything and it was trading around $1500 in November 2021! In early 2022, it was trading around $1300, Shopify felt this was higher price for an average investor hence the stock spilt was announced.
April 2022, Shopify announced 10:1 stock split would be done on June 29,2022. Each existing investor would have 10 times the number of shares that were being currently held by them and 10% of the value.
Features of Shopify : Shopify Review 2022
- Omnichannel Selling
- Smart Inventory Management
- Staff Management
- Checkout
- Products
- Customers
- Reporting and Analytics
- Marketing
Shopify has a feature called Point of Sale that enables companies to sell their products in the real world. This e-commerce platform provides users with multiple pricing plans to choose from, making it a suitable option for businesses of all sizes. That means everyone from start-up to enterprise-sized businesses can benefit from using Shopify’s easy-to-use features. Plenty of integrations are availed to help business grow. POS application of Shopify avails all-in-one dashboard that eliminates the requirement keep separate Sales records for online and in-store purchases.
There’s also an option of opening a pop-up store that’s physically present, payments for these stores are accepted from buyers using a card reader. The payments are directly linked to Shopify inventory of that company. The inventory also maintains the record of every sales transaction.
It offers its users monthly subscriptions with access to an admin panel, where you can enter your store information, add products and even process orders. This software is pretty straightforward to use and comes with only small learning curve for first timers. Do there’s no need to worry you are ready to set up your online store set up and running with just a click of button.
Shopify also has a wide selection of free and for-purchase design templates to make the store as stylish as liked by the owner, who loves having plenty of options to choose from. Varying from clean and modern to funky and vibrant, the platform’s template can be tweaked to your liking by using any of Shopify’s editing tools now available at owner’s disposal. All this features make it easy to customize any theme to best fit the brand.
Apart from all the creative freedom provided, Subscription with Shopify also includes secure, reliable web hosting for your website so there’s no more need to worry about the site crashing during peak traffic hours or hackers hijacking your transactions.
Frequently asked Questions(FAQs) : Shopify Review 2022
If someone’s new to Shopify or looking to re-platform your business, this guide will help you learn more about the platform and its features.
- How much does Shopify cost?
There’s a free trail of Shopify for 3 days. No credit or debit card required. Once the trail experience is acquired, one can chose a suitable pricing plan according to size and stage of the business.
- What are the languages that are being supported by Shopify?
Customer facing part of the Shopify’s store including the e-commerce website, emails, blog and checkout can be in ANY LANGUAGE if the theme supports it. Got to select theme accordingly. Admin of Shopify store is available in English, French, Italian, German, Czech, Thai, Polish,Chinese(Traditional) , Chinese(Simplified ), Dutch, Portuguese(Brazil),Korean, Finnish, Spanish, Norwegian
- Can personalised domain name be used with Shopify?
Yes, a personalised domain name can be used with Shopify. If you have an existing domain name, you can connect it to Shopify from your store’s admin. Learn more about connecting an existing domain to a Shopify store.If you don’t have a domain name yet, you can either buy one through Shopify or a third-party provider.
- In what countries Shopify can be used?
Shopify can be used in nearly every country in the world.
- Do I need to be a developer or designer in order to Shopify?
No, one does not need to a developer or designer to use Shopify. Themes are ready to use, you just need to customise it according to your requirements. Features and functionality can be added to the store from Apps. If extra help is needed, one can contact Shopify support team or visit the Shopify Expert Marketplace to search for and hire a certified Shopify expert.
Pros : Shopify Review 2022
- Better Security
It provides its merchants a secure shopping experience by keeping their security systems up to date. SSL encryption is provided for its sensitive data thus making it reliable.
- Customisation Options
Wide variety of themes, font, colours and shapes is available when it comes to customisation in Shopify! One can simply modify the front-end accordingly.
- Fast Loading Speed
Irrespective of traffic , loading speed is fast for Shopify.
- Smart PhoneFriendly
Shopify can be as easily accesses on smart phones as on Desktop.
- Quick Customer Service
There’s a dedicated customer service available which makes it easy for someone who needs a quick hand.
- Shopify App Store
App store has simplified things for developers and even for people who are not much familiar with coding. Free and paid ecommerce plugins are available in order for growth of business and for good marketing and sales as well.
- User friendly Interface
Shopify is one of the most user-friendly ecommerce for beginners and small business owners to setup and run their own online store. Even people who don’t have prior coding or e-commerce experience can use this pretty smoothly.
- Supports various categories of E-commerce business
Irrespective of what the business category is, its implemented and supported on this platform. A seller can also setup multiple Shopify to expand their business.
Cons : Shopify Review 2022
- Pricing might get expensive.
For business who lack funding, the prior defined standard pricing module can get a bit pricy.
- Shopify does not support email hosting
There’s only option of web hosting to launch your online store.
- Difficult exit
The lock-in feature makes it little difficult for a quick exit of a business.
Conclusion : Shopify Review 2022
Shopify Is a great Product and has been helping normal people in order to generate an ecommerce store right from their house without taking much money out of their pocket. Many people are able to generate 6 figures business using shopify and hence its a great product.
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