Is Shopify a scam? No!

November 21, 2020 2 Comments

Name: Shopify

Website: https://shopify.com/

Stock price: SHOP (NYSE) US$988,51 +21,74 (+2,25%)

Price: Free trial – 14 days no Credit card Basic Shopify – $29 Shopify $79 Shopify Plus $299

Founders: Tobias Lütke, Daniel Weinand, Scott Lake

Overall Rank: 02 out of 100

Shopify


This company is one of those companies you want to call overnight ’success, but it is not. Most definitely from Humble Beginnings considering that the Founders might have been looking for a platform to sell skateboard or is it snowboarding gear in 2004. They definitely were not thinking of the day their company would go public, 9 years after the company was founded. Their company would, on the first day of trading on the NY Stock Exchange, begging trading at $28 more and 60% higher than its US$17 offering price. The company’s IPO raised more than $131 million.

Shopify is a world-class service that has taken the world by storm with its online stores offering. The services are nothing like one-sided service that is not comprehensive. The company has three levels of offering to Merchants, Software Developers, and Shopify Affiliates. This is just the tip on an ice burg.

When you sign in to this service, you literally focus on the marketing of your online business or creating your wonderful products.

Like any business, there are challenges and Positives that may define your growth.

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Some Pros include –


  • Shopify provides an all-in-one service to your Business.
  • The way the product is built, your marketing is set for success, with build-in social media ads on Facebook, Instagram, and Google ads.
  • Shopify is linked with partners in the store business, some big names like Walmart.
  • The Shopify learning program has everything starting from Help centers, blogs, Forums, Business courses, podcasts, and Quickstart guides in Business idea, starting up, Marketing, customer retention, and much, much more.
  • You can have your site designed for you, by one of the Shopify partners.
  • Shopify Bot is a great touch to keep the communication going. But the system would not allow me to say thank you for the help at the end.

Well talking about the Cons.


  • This is no get-rich-quick scheme.
  • The level of legal documentation guiding the whole product is elaborate. It is a business after all. I would definitely need legal help with their documentation.
  • Navigating through their maze, of well-ordered instructions on setting up could be tedious to Non-technical like me, even though it is doable. I would just get one of the Shopify Affiliates to do it for me. Try to be Shopify Affiliate is a challenge I and still working on. I will let you know in my follow-up review how it pans out.
  • Shopify Lite and Shopify Plus
  • Lite targets mainly SME’s and Plus is for someone who is looking for a bigger reach and opportunities to upscale.

My Final Opinion


This is a product that I am really looking for and I have a couple of ideas that I would like to explore going forward. It is a choice that you do not want to quickly go into. There is a bit of leg work that is awaiting you as a potential merchant. Well as an Affiliate it will require more than just completing an application. The application field required me to show some of my promotional works for Shopify before even enlisting or applying.

If you need to build your Business with this unified platform you can start a 14-Day free trial? The set us should be easy and quick? It does have everything you need to start selling online now. The product is SEO Optimized and with unlimited 24/7 Support.

Thank you,

Ntlhane

Name: Shopify

Website: https://shopify.com/

Stock price: SHOP (NYSE) US$988,51 +21,74 (+2,25%)

Price: Free trial – 14 days no Credit card Basic Shopify – $29 Shopify $79 Shopify Plus $299

Founders: Tobias Lütke, Daniel Weinand, Scott Lake

Overall Rank: 02 out of 100

VERDICT: 110% LEGIT

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2 thoughts on “Is Shopify a scam? No!”

  1. Interesting Site, with a fascinating topic, I strongly believe there is a wealthy niche with your interest. You shared many great examples on your site with images that allow the audience to visually affect the product, topic.

    My advice is to to keep doing what you are doing, search for new products in your Niche and provide reviews on that product. People like myself, always read reviews on products before committing to buy them.

    All the Best,

    Joseph

     

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