Start A Shopify Ecommerce Agency
About
Starting a shopify ecommerce agency requires a great deal of effort, dedication, and most importantly passion.
If you're interested in how to sell shopify ecommerce, or selling shopify ecommerce online, you can use this page as a guide for everything you'll need to know.
Want to learn more? You can check out our full guide on how to start a shopify ecommerce agency ➜
Key stats
Startup Costs
| Min Startup Costs | Max Startup Costs | |
|---|---|---|
| Office Space Expenses | $35 | $3,250 |
| Employee & Freelancer Expenses | $0 | $5,500 |
| Equipment & Supply Expenses | $500 | $5,000 |
| Website Costs | $232 | $6,500 |
| Business Formation Fees | $600 | $4,700 |
| App Creation Costs | $1,000 | $20,000 |
| Software Expenses | $150 | $2,794 |
| Advertising & Marketing Costs | $0 | $2,800 |
| Other Expenses | $0 | $800 |
| Total Startup Costs | $2,517 | $51,344 |
Successful Businesses
| Business | URL | Rank | |
|---|---|---|---|
|
Shopify | shopify.ca | #52,953 |
|
Stream Commerce | streamcommerce.com | #742,150 |
|
Velstar | velstar.co.uk | #1,048,357 |
|
Exhibea | exhibea.com | #1,262,491 |
|
flux.agency | flux.agency | #3,398,392 |
|
ecommify | ecommify.co | #4,577,540 |
|
One Big Kid | onebigkid.com | #4,622,386 |
|
Getmore | getmore.mx | #5,033,762 |
|
Posh Commerce | poshcommerce.com | #8,808,891 |
Pros & Cons
| Pros | Description |
|---|---|
| Flexibility | You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own. |
| Ability to start your business from home | It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning! |
| Traffic to your website | A shopify ecommerce agency gives people a reason to visit your website and to keep coming back to you! |
| High customer retention rates | Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your shopify ecommerce agency becomes an integral piece of their every day lives. |
| High margins | The gross margins for your shopify ecommerce agency are typically around 52%, which is considerably high and allows you to grow your business and manage costs easily. |
| Pick & choose the clients you work with | Shopify Ecommerce Agencyes have the ability to choose the clients they work with. You have the freedom to work with only a few loyal clients or with hundreds of clients! |
| Cons | Description |
|---|---|
| Longer Sales Process | A shopify ecommerce agency can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers. |
| High employee turnover | In the shopify ecommerce agency, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment. |
| Customer churn | With a shopify ecommerce agency, people can cancel their subscription - which can make income unpredictable. It's important to focus on your churn rates and trends so that you can prevent this as much as possible. |
| Time commitment | With starting a shopify ecommerce agency, all responsibilities and duties will be in your hands. Although this is not necessarily a negative thing, it's important to understand that your work-life balance may be a bit unbalanced at times. This can place a strain on friends and family and add to the pressure of launching a new business. |
| Difficult to build trust with your customer | With a shopify ecommerce agency and any online business, there is little physical interaction, which means it can be a lot more difficult to establish trust and clout with your customers. You'll need to go the extra mile with your customer to grab their attention as soon as they reach your site + assure them that your brand is legit and trustworthy. |
| Complex development process. | The development process for a shopify ecommerce agency can be quite complex, which may cause delays and challenges when launching and growing your product. |
Marketing Ideas
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1
Word of mouth
The most tried and true way to grow a shopify ecommerce agency is through word of mouth - some entrepreneurs would say it's more important than all social media.
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2
Partnerships
Starting a shopify ecommerce agency is all about building relationships and becoming an integral part of your community.
Many entrepreneurs make the mistake of thinking they can do everything on their own. In reality, other businesses (even your competition) and members of your community can be a huge piece of your growth strategy.
When forming any type of partnership, a lot of energy and time can go into this.
-
3
Advertising on social media
Social media advertising is one of the leading ways to get the word out when it comes to shopify ecommerce agency.
There are various different Social Media platforms available to you. Some may be more critical for your marketing efforts than others, however, it's important to have an understanding of what's out there and available to you.
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