How To Make Passive Income With Shopify

[moonchild]

What is Shopify?

It is an online e-commerce site that allows you to basically create a store and start selling your amazing products in as fast as 5 minutes, sounds great right? I know, but apart from actively selling, you can start earning income passively by becoming a partner.

To become a partner all you have to do is go to shopify.com/partner, register and verify your account, now, there are two ways to start earning passive income, you can:

1) Start Selling Themes: If you have the technical skills, you can start selling themes by creating them for specific niches, there are millions of stores on Shopify, conduct a market research, spot the underserved markets and come up with solutions that will help them, this could be a theme with a more CTAs, Increased Conversion Rates etc, the point is, find an edge and capitalize on it in a niche market.

2) Set Up Online Stores For Merchants: You do not need technical skills to do this, watch some couple of tutorials on youtube and you'll be up to speed with store creation and customization, how this works is, whenever you create a new store for a merchant you earn a percentage out of every sale they make.

Leave a comment if you enjoy this cool article.

 

[Mastergp]

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There are several ways you can make passive income with Shopify:

1. Create and sell your own physical or digital products on your Shopify store. You can set up a dropshipping store, where you partner with suppliers who will handle inventory and shipping for you, or you can handle everything yourself by purchasing and holding your own inventory.
2. Use your Shopify store to sell products on behalf of other brands as an affiliate. You can earn a commission on every sale made through your store.
3. Create and sell a Shopify app or theme. If you have technical skills, you can create an app or theme that other Shopify store owners can use to enhance their stores.
4. Use your Shopify store to sell subscriptions or memberships. You can offer a variety of products or services on a recurring basis, such as monthly boxes of products or access to exclusive content.
5. Use your Shopify store to sell courses or ebooks. If you have expertise in a particular area, you can create and sell online courses or ebooks through your store.

By leveraging the power of e-commerce and the reach of the internet, you can create multiple streams of passive income with a Shopify store

 

[Paul Frando]

1) Selling themes on shopify seems like a good idea, however, I wonder if this market is already too oversaturated. It seems to me that it's currently hard to make a name for yourself and even with skills create a template that will sell well.

2) Great, only here the question is where to get customers for it and how to make them come back regularly.