Shopify is a great platform for developing E-commerce sites of all types – from T-shirts, to music, coffee, clothing, beautiful artwork and beyond, if you can conceptualize it, you can sell it on Shopify.
One of the best things about Shopify for online marketers and entrepreneurs who want to buy a “done for you” business is their recent launch of the Shopify Exchange, where you can discover amazing shops for sale in just about every niche, market and industry under the sun.
Sometimes you can get an AMAZING deal on the exchange – but sometimes, you can get royally screwed as well. (i had a reader tell me a horror story a few weeks ago that was totally avoidable – but if you don’t know what you’re looking for (as many of us don’t – myself included at times) – it’s easy to become seduced by phenomenal numbers that are true, but are designed to deceive. (e.g. – a drop shipping store spending 20K a month on advertising, selling 20K a month in product, losing money on the transactions, but building the “appearance of authority” by posting gaudy numbers, willing to lose a a few thousand dollars a month for a few months, and then selling the store for a multiple far exceeding what the store is REALLY worth – once the paid ads are paused)
Here are some good resources for those of you looking at Shopify as a platform for you brand, blog, business and store.
https://flippa.com/websites/shopify (Flippa’s dedicated page for Shopify stores for sale)
exchange.shopify.com (the aforementioned Shopify exchange – still my favorite place to find stores for sale with the simple caveat – if it sounds too good to be true, it probably is)
https://thieve.co ( a great way of finding the best of the best Aliexpress products to drop ship for your own store. Carefully curated products – and a kick ass design that I love. Use this with the OBERLO app to curate high quality products on your Shopify store and get a great jumpstart on building a niche shop that you can mix and match your own stuff – with curated stuff – or vendor recommended stuff (using an affiliate or marketplace app) for a killer combo.
Oberlo.com There are some great oberlo powered stores for sale out there. Some are super appealing (the ones that have good natural search traffic on drop shipped products specifically – they are out there – and can be a huge headstart. But, based on my own very limited experience, be careful with OBERLO only stores – as they are a bit risky for my blood. (to buy – not to build. I’d rather use Thieve and Oberlo together, and start from scratch)
Lastly, as above, just build your OWN Shopify store, rather than buying one. I had a ton of fun with a great T-shirt side hustle biz I built last year for fun ( with funny, obscene Jewish Tee shirts to make my friends and family laugh) – and actually had one of the ads shared in a few different high profile spots – and one of my updates made it to the comments section of Rachel Maddow’s blog – which was a fun day to watch our analytics)
We’re also building a piece of MindfulMarketPlace.Com on Shopify – so I’ll post that here as well when it’s live.