• Shopify stores

  • Sources:

    Here are discussions related to Shopify stores from the "My First Million" podcast:

    1. Campfire Product Sold on Shopify: discusses launching a product called Campfire, sold on a Shopify store for a one-time fee of $299. This product, compared to recurring subscription models, allows customers to own the software and modify it as needed, highlighting the shift back to owning software products rather than the prevailing subscription model 1.

    2. App Pricing Strategy: The conversation with reveals insights about app pricing strategies on Shopify, discussing how some Shopify apps are priced disproportionately high given the simplicity of their functionality. This includes a mention of an app that limits the quantity of products a customer can add to their cart, which generates significant profit from a straightforward feature 2.

    3. Open Store: This platform enables instantaneous selling of e-commerce stores, including Shopify stores. It offers a straightforward way for store owners to sell their businesses without the usual complexities, such as making pitches or going through brokers 3. Additionally, and discuss the benefits of Open Store for quickly evaluating and buying e-commerce stores based on data from Shopify, Facebook ads, and bank accounts 4.

    4. Secondhand Market Plugin for Shopify: Treet is a plugin that creates a secondhand market within a Shopify store. It provides an additional revenue stream and builds trust with consumers by enabling the resale of items directly on the store’s website, avoiding less secure external platforms 5.

    5. Revolutionizing Online Shopping: talks about how his company, Bolt, revolutionizes the checkout experience across various e-commerce platforms, including Shopify. This solution helps reduce customer drop-off at the checkout stage by simplifying the payment process 6.

    These clips provide a comprehensive view of how "My First Million" discusses Shopify and related e-commerce strategies and innovations.

    RELATED QUESTIONS