When it comes to using a platform like Shopify, you truly get out what you put into it. If you have quality products or services to offer and are willing to market them effectively, Shopify is an amazing platform to earn a lot of money. If you don’t have products to sell you can even make money with their affiliate program, earning money with each successful referral. The main thing to remember here is consistency. To get the financial return you desire, you must make sure you are putting in equal work. Here are a few different ways to utilize the Shopify platform for income.
Selling Products and Services
Of course, the most straightforward way to make money using Shopify is by building a traditional eCommerce store. You can sell just about any product or service imaginable and reach a wide audience to target the right customers for your store. Whether you want to sell handmade items or resell manufactured items, Shopify will help the right customers find you. Similarly, if you have a service you can offer, Shopify will allow you to create customized offerings for your area of expertise.
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Create a Drop-shipping Business
Although drop-shipping is not a new concept it is becoming widely popular, especially with people spreading the word about it on social media. Drop-shipping essentially allows you to sell products without physically handling them. You can think of it as having a virtual warehouse, where you handle the front-end part of the sale, and a third party takes care of the fulfillment. This takes a lot of expense away from you as the seller since you don’t have to physically store any inventory. Removing those types of costs will automatically increase the amount of money you stand to make.
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Affiliate Programs and Social Media
The words “affiliate program” probably sound familiar because most companies have some sort of affiliate program, whether they are more casual coupon codes or fully integrated influencer contracts. Affiliate programs essentially allow someone to earn money for promoting a brand. Each time a new customer signs up or clicks through to an intended point of sale, the link-holder earns a commission. Shopify has its own affiliate program that allows you to make money from each new seller that uses your unique link.
For those who might not want to use the affiliate program feature but still take advantage of their large following, Shopify has special interactive links to use on Facebook and Instagram. These links will allow followers to make purchases without even going to your store’s website! When it comes to reaching an audience, this kind of feature is a gamechanger. Not only are you making it incredibly easy for someone to carry out a purchase, but you are also gaining their attention in a much more organic way. Rather than someone ending up on a website because of excessive targeted ads (that cost money to run), social media allows you to push messages out to an audience that confirms they want to be there.
While things like affiliate programs and social media might be better for those who already have a large following, there is a way for everyone to dip their toe in. It’s difficult to come up with a reason not to give it a chance!
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