How Does Shopify Make Money? Dissecting Its Business Model

Shopify Business Model

Executive Summary: Shopify is an ecommerce platform that allows anyone to set up a digital storefront. Furthermore, it offers additional products and services such as POS systems or fulfillment. Shopify makes money via premium subscriptions, transaction and referral fees, hardware sales, commissions from its app, theme, and Exchange marketplace, domain sales, email marketing, investments, and … Read more