Three Things You Should Know About Shopify Merchants
Shopify sales of the first half of 2021 amounted to over $ 79 billion and the revenue trend continues to grow. Shopify merchants are individuals or companies that run their online storefront on the Shopify platform.
They sell products directly through their website, using the tools provided by the platform. All you need to do is shop and code.
The merchant account for Shopify provides various features, including a built-in payment processor (PayPal), inventory management, shipping options, product listings, and more.
So here are three things you should know about Shopify merchants before diving into their world.
1. Shopify Merchants Account
To start running your online store, you’ll first need to open a merchant account. This allows you to accept credit card payments on your site.
You can apply for one of these accounts via PayPal or Stripe. Once you’ve received approval, you can start accepting payments on your site immediately.
Shopify merchants can range from individuals selling handmade goods to big brands selling millions of dollars worth of merchandise every year.
Here are just a few examples of what kinds of businesses can run on Shopify:
Clothing Stores
Whether you want to sell t-shirts, jeans, or dresses, Shopify makes it easy to set up your own clothing store. Be a Shopify merchant today.
Jewelry Stores
If you love jewelry, then you’ll love setting up your jewelry store on Shopify. Sell bracelets, necklaces, earrings, rings, watches, and much more!
2. Why Use Shopify Merchants
There are many reasons why we have increased the number of Shopify merchants as opposed to other platforms. Here are some of the most common ones:
It’s Easy To Get Started With
One of the most significant benefits of using Shopify is how simple it is to get started. Unlike WordPress, where you need to learn a whole new CMS, Shopify is similar to Facebook. In fact, if you already have experience building websites, then it will feel right at home.
It Has a Large Community of Developers And Users
Another great thing about Shopify is that there’s a large community behind it. Thousands of developers build apps and extensions for the platform, and users create themes and add-ons to make your site even better. You can also use shop and code to customize your store.
It Offers an Extensive Library Of Plugins
Shopify offers a vast library of plugins that you can download and install if you’re looking to customize your site further. These include everything from security tools to SEO plugins.
3. Shopify Payments
Once you’ve opened your merchant account, you’ll also need to sign up for Shopify Payments. This service lets you take payments on your site in four different ways:
PayPal Express Checkout
Accepting payments via PayPal Express Checkout is free. You don’t need any Shopify merchant rates to do so.
PayPal Adaptive Payment
This option lets you charge customers based on how long they spend on your site. For example, you could offer them discounts for spending over $100 but charge them full price for purchases under $25.
Google Wallet
Google wallet uses Google as its fund bank. It lets you collect payments directly through Google Wallet.
Start Your Journey as Shopify Merchants Today!
Shopify has become an increasingly popular ecommerce platform because of its ease of use, wide selection of features, and large user base.
We have covered three things you should know about Shopify merchants before starting your business.
We hope you found this information helpful. For more about Shopify merchants and other niches visit our blog section.