Can Shopify Make Me Money? Top Products to Sell on Shopify
The question of whether Shopify can make you money is one we've been asked a lot. While there's no way to guarantee a return on your investment in the platform, there are some products that are more likely than others to bring in profits for you.
In this article, we'll take a look at some of the top products to sell on Shopify—not just because they're popular or in high demand, but because they also have high margins and low competition. We'll also go over what kind of information you should be looking for when researching these products, so that you can make sure that they're right for your business before investing any time or money into them.
Is Shopify Profitable?
The short answer is yes. The long answer is a little more complicated. In order to be profitable on Shopify, you need to take into account the fees and costs associated with running your store:
Shopify has two different subscription plans: Basic, Standard, and Advanced. The former is the most affordable option, with a monthly fee of $19/month for unlimited products and traffic. This plan comes with some limitations, however: the transaction fees are much higher and you can only add up to 4 inventory locations.
Standard is built for bigger businesses that may not need full-service functionality just yet. It costs $49 a month and comes with unlimited products and traffic, but it also lets you add up to 5 inventory locations.
The Advanced plan is designed for large businesses that want the full-service experience from Shopify. It costs $299/month and provides everything in Standard plus more advanced features like advanced shipping options, sales reports, and business insights.
The processing fees are a small percentage of your total sales that Shopify charges, depending on the plan you choose. Fees range from 0.5% to 2% of each sale.
This does not include processing fees from third-party payment gateways like Paypal. The Advanced plan offers the lowest processing fees at 0.5%. The Standard plan offers the highest at 2%. The Advanced plan also includes more features like advanced shipping options, sales reports, and business insights. You can learn more about Shopify’s pricing here.
Apps and Add-Ons
While the Shopify app library comes with some impressive free options, you may need a paid app if you want something more functional and customizable.
The Shopify app library has over 1,500 apps that you can choose from. Some are free and others cost money. You can learn more about Shopify’s apps here.
In addition to the apps available in the Shopify app library, there are many third-party developers creating custom solutions for Shopify stores.
For example, at Webinopoly, we take pride in building some of the best custom apps and code for Shopify stores. Our team has extensive experience with building apps for the platform and can help you find an app that meets your specific needs.
Ways to Sell/Source Products on Shopify
To sell products on Shopify, you can either source them yourself or use a drop shipper. Either way, you can sell and source products one of many ways:
This is the easiest way to sell on Shopify. You don’t have to worry about inventory or shipping because your supplier handles all of that for you. The downside is that dropshipper prices tend to be higher than retail prices, which means you won’t make as much money per sale.
Furthermore, you'll also need to spend a lot of time researching suppliers. You might have heard a lot of dropshipping horror stories where brands fail because of the products they sell.
While dropshipping is more convenient for you in the long run, you want to ensure that you are only selling products that are in high demand and have a good chance of selling. This will help you avoid the common pitfalls associated with dropshipping.
Wholesaling is a type of retail where you buy products in bulk and then resell them for a profit. You can do this with any type of product, including clothing, accessories, electronics and food items.
The most important thing to keep in mind when wholesaling is that you want to be able to sell the item for more than what you paid for it. This means that you need to do research on your market and find out what customers will pay for the product before buying it.
You'll also need to be aware of the standard shipping timelines and policies and make sure that you can get the product to your customers within that time frame.
You also need to be aware of which countries will charge you taxes on imported items, and if they do, figure out what those taxes are so that they're included in your pricing.
Wholesaling is a great way to make money from items that you can find at discount prices. It's important to know how much money you're going to make on the product and whether or not it's worth your time. You also need to be aware of shipping times and taxes so that you can include those costs in your pricing structure.
Rebranding is similar to private labeling on Amazon. It's when you take a product that belongs to another brand and repackage it as your own. For example, you could find a manufacturer who sells home gym equipment.
You could then rebrand the product as your own, adding your own logo and packaging. This is a great way to make money on Shopify because you're essentially selling someone else's product. The only downside is that you can't control pricing or availability.
You can find manufacturers who are willing to rebrand their products, but it's important to do your research before making a decision. You should also make sure that you're not infringing on any copyrights or trademarks.
Finally, don't forget about sourcing the right manufacturers. There are plenty of shady businesses online, and you don't want to lose money on a faulty deal or product that are subpar. You can find the right manufacturer by asking around online and reading reviews. You should also ask for samples before making any large purchases.
What Are The Best Products to Sell on Shopify?
There are a lot of products that can be sold on Shopify. It all depends on what you're looking for and your niche. If you're looking for a few ideas, here are some products that have been found to sell well:
Digital products are the most popular product type to sell on Shopify. You can find all kinds of digital products, from ebooks and courses to software and plugins. Digital products are great because they're easy to produce, there's no shipping involved, and they can be sold over and over again without losing any value (unlike physical products).
In addition, digital products are one of the best ways to make money on Shopify because you don't have to sell hundreds or even thousands of units in order to earn a profit. It's possible to earn a full-time income from selling just one digital product on Shopify.
Digital products are also easy to market because they can be marketed online, which means no expensive advertising campaigns or hiring a sales team. You just need a website and some social media accounts, and you're good to go!
Digital products are also easy to create and sell. You don't need any inventory or shipping costs, and it's easy to set up an online store using Shopify.
There are so many reasons why people love self-care products.
For one, they're a great way to help you relax and unwind after a long day. And if you run a business, chances are that you've had a really busy week—so it's important to take some time out of your day to focus on yourself!
Self-care products can also help with the mental side of running a business. It can be tough to balance your work life with the rest of your life, but with self-care products, you'll feel better equipped to handle both. You'll be able to get more done at work because you're less stressed out, and because you're taking care of yourself physically as well as mentally and emotionally.
Finally, these kinds of items make great gifts for people who aren't running their own businesses—whether it's friends or family members who are having a hard time balancing their lives or clients who need something extra special for themselves during their busy season (or maybe even just for fun).
Home Organization Supplies
Home organization supplies are a great item to sell on Shopify to make money because they're an inexpensive way for people to start organizing their homes, and everyone needs that. If you don't have a place for your keys, if you can't find your wallet or if you can't keep track of the remote control, it's just a matter of time before you start losing things.
And people don't want to lose things! Who wants to buy something new when you already have something in good shape? So what do you do? You need to keep track of everything so it doesn't get lost. That's where home organization supplies come in handy!
There are many different kinds of home organization supplies that can help keep your home organized and clutter-free. Some people like using containers or baskets with dividers inside them so they can organize their stuff by category (i.e., office supplies on one side and craft supplies on another).
Some people prefer labels on their containers so they know what's inside without having to open each one individually (which helps save time when looking for something quickly). And others prefer using drawer organizers or hooks on their walls for hanging coats or hats instead of using a big, bulky coat rack.
The most important thing is to find out what works best for you and your audience's needs. For example, you could launch a brand that focuses on Muji or minimalist style organizers. You could also launch a brand that focuses on colorful, fun and quirky organizers. You could even mix and match different styles to create your own unique look.
Handmade Upcycled Apparel
One of the biggest advantages of handmade upcycled apparel is that you don't have to spend much money on them. You can use old t-shirts, pants and sweaters from your closet or thrift store to make new clothing.
You can also find other materials like old jeans or denim jackets at thrift stores for very low prices. You can also use fabric scraps and remnants from other projects.
You will need some basic supplies like thread, buttons, elastic and sewing machine needles but these items are inexpensive so there is no need to spend a lot of money buying them.
Once you have all your materials it's time to start creating! The first step is choosing what type of design you want on your clothing item such as a pattern or embroidery stitches like cross stitch or machine embroidery designs that look like lace patterns or vines with leaves on them; then you'll want to figure out how large each piece should be so that when finished stitching together will fit nicely together without being too large or small.
Cutting out all pieces and sewing them together is the next step. You'll want to measure out all pieces so that they fit together perfectly and don't have any extra space or gaps when finished stitching.
If you're working with fabric that is a little bit stretchy it's best to sew with a stretch needle so that your stitches don't break apart when worn, especially if you are creating something like yoga pants or leggings where people move around a lot while wearing them.
The demand for sustainable fashion and unique pieces continues to grow as more people become aware of the importance of being ethical and sustainable.
To meet this demand, clothing companies are looking for new ways to innovate while keeping their brand values at the forefront. A great example is Gucci, who recently released a line made from plastic waste found in the ocean.
Home Office Accessories
With most workforces moving to a hybrid setup, creating a comfortable and motivating landscape for work is becoming a necessity. Many are looking for home office accessories that help promote healthy working habits at home.
This has led to the rise of an entire industry of goods that help make the transition from office to home easy and comfortable. From ergonomic chairs to standing desks and everything in between, these products are making it easier than ever for people to work productively from home.
The rise of the gig economy has also led to a desire for home office accessories that help create a more professional workspace. Many workers are looking for affordable options to help them dress up their space and make it feel like an actual office. This is especially true when they have clients coming over or need to impress someone important.
From the humble ink pen to the sophisticated desktop computer, the office supply industry has always been essential to modern business. From the first time someone used a quill pen to write their grocery list on parchment paper, these products have helped people stay productive and organized.
Fitness apparel is another booming industry. From yoga pants to sports bras, there are plenty of options to help you look good while working out.
This makes it easy for people who are trying to get in shape or lose weight to find something that will make them feel comfortable. Whether you’re a woman or a man, there is an endless number of styles available in the market today.
As such, it's much easier to find reliable suppliers who can make the process of sourcing products smoother. If you’re looking for a reliable supplier of fitness apparel, you can start by browsing through the listings on Alibaba.
This will allow you to see what kinds of products are available and which sellers can meet your needs. It’s also free to sign up for an account and post an inquiry about any products that interest you.
You can use the website to search for suppliers who offer the types of products you’re looking for, as well as any other services that might be useful.
Once you find some potential suppliers, it’s important to do some research on them before deciding which one suits your needs best. This will help ensure that there are no hidden costs or unexpected issues with your supplier once they start working with you.
It’s important to remember that the quality of the product is just as important as the price. If you want to sell skincare products, make sure that they are free of any harmful chemicals and ingredients.
Many people choose organic skincare products because they don’t contain any artificial fragrances or preservatives. It’s also important to consider how much money you have available for inventory when choosing a supplier.
This will help ensure that there are enough products available for customers so they won’t have any issues getting what they need.
Make sure that the supplier is willing to work with you on pricing. It’s not uncommon for skincare products to be sold at a higher price than other personal care items.
You can ask your supplier if they have any special promotions available or if they have any coupons that can be used for discounts.
It’s also important to consider the quality of the products that you’re purchasing. You don’t want to have customers complaining about your products not working as advertised. Make sure that all ingredients are FDA approved and that they haven’t been tested on animals.
Coffee is a consumable product that people have to have every day. People will always need coffee, so it's never going to be obsolete like some products are. People love coffee and they won't stop buying it.
It's also a great product for people who want to start an online store because you can buy the beans in bulk and it only takes about five minutes to grind them up into powder form.
You can also buy ready-to-brew coffee pods which are easy to package up and sell at a higher cost because they're more convenient than grinding your own beans.
You can start with just a few packaging of coffee, but you could expand into selling different types of beans and coffee machines if you wanted to.
The best thing about starting a coffee business is that it's easy to get started, but you can also expand into other things if you want.
You could start with just selling the beans and pods, but then you could also sell machines that are used to make the coffee and equipment for making different types of drinks such as frappuccinos or lattes.
It's also important to think about the type of coffee that you're going to sell. You could sell all different types of beans or only one, but it's better if you offer a variety so that your customers can choose what they like best.
You also need to think about the price of your coffee. You'll want to make sure that you're selling it at a good price so that people don't have to go elsewhere for their coffee supplies. But, if you charge too much, customers won't buy from you.
Hand-Poured Soy Candles
Soy candles are a great item to sell on Shopify to make money. They have a long shelf life, and they're easy to store and transport. You can order them in bulk and then break them up into smaller batches, which makes it easier to manage stock. And the wax is biodegradable, so there's no need to worry about recycling.
Another reason why you should sell soy candles is that they're customizable: you can add scents, or even color them differently! Soy candles are also known for being eco-friendly since they're made from all-natural ingredients. So if you're looking for an environmentally conscious product, this could be the one for you!
Soy candles are also fairly easy to make, which makes them a good product for beginners. All you need is the right equipment and some patience. Plus, there's no need to worry about having an expensive storefront: many people sell their soy candles online through websites like Etsy or eBay.
Soy candles are also a great product for people who want to make money from home. If you enjoy candle-making as a hobby and want to turn it into an income stream, this could be the perfect opportunity for you! Not only do soy candles have all the benefits mentioned above, but they're also easy to sell since they're customizable.
When you think about it, pets are just like humans in some ways. They can get sick, they have different personalities, they need food and water and shelter… the list goes on! So it stands to reason that we'd want to make sure our pets are as healthy and happy as possible, and that means we'll do almost anything for them.
That's where pet accessories come in! Pet accessories range from chew toys for dogs to catnip for felines—and everything in between. No matter what kind of pet you have, there's a chance you could use some new pet accessories in your life.
But don't worry if you don't have any pets of your own—you can still sell pet products! Pets are a huge part of many people's lives, so even if it's not something they have experience with personally, they probably know someone who does (or would like to!).
That means there's always going to be an interested audience out there looking for new ways to take care of their furry friends.
If you're interested in selling pet products, there are a few things you should consider first. If you have any experience with animals, that will help—but it's not necessary. The most important thing is that you enjoy working with them and have some knowledge of their needs!
If you're not sure where to begin, there are a lot of resources out there for pet owners. You can start by talking with friends who have pets or volunteering at an animal shelter.
By learning more about the different kinds of animals that need care, you'll get an idea of what products are best-sellers and how much money people are willing to spend on them.
When you sell custom jewelry, you're selling something that customers can't get anywhere else. You can be the only place in your town where people can go to get their name engraved into their wedding ring.
Or, if you're a jeweler who makes custom charms that are unique to your style and personality, you can offer something that no one else does!
Customers love buying things from people who are passionate about their craft—and when they buy from someone who makes something that's truly special for them, they feel like they're getting something uniquely made just for them.
Custom jewelry can also be great for your business because it makes you more memorable. Customers love to tell their friends and family about the beautiful ring that you made for them, or how much they love their new necklace.
When people remember you for something special, they're more likely to come back for another piece of custom jewelry—or recommend you to someone else!
One of the most important things to remember about custom jewelry is that it's not just about what you make, but how you make it.
When someone comes to you for a custom piece of jewelry, they're trusting you with their ideas and dreams—and they want to know that their vision will be realized by someone who cares about them as much as they care about their own work.
Customized items are popular because they allow you to create something that is truly unique. If you're selling a custom product, it's not going to be found anywhere else, so it's also likely that people will be more interested in buying it. This is especially true if the product is something that lots of people might want—like a shirt or bag with your company logo on it.
The second reason custom memorabilia sell so well online is because they're in high demand. You've probably heard that t-shirts are one of the most popular items sold on sites like Etsy and Teespring. That's because people love wearing them! They're comfortable, easy to wash, and very affordable (especially if you buy wholesale). Plus there are so many different designs available that everyone can find something for themselves.
Finally, making custom memorabilia is relatively easy when compared to some other products like furniture or electronics because all you need is an image editor program like Photoshop and some materials (like fabric) to create your designs. All in all, making custom t-shirts is a great way to make some extra money online.
The only downside is that it can be difficult to get started. If you're unfamiliar with Photoshop or have never made custom t-shirts before, it can be hard to know where to begin.
Shopify is a great way to set up a store and sell products online, but it's not a silver bullet. It takes time, money, and effort to build a business on Shopify—just like any other business!
You need to do your research: what products would people want? How much do they cost? How can you make them more appealing?
You'll also need to be able to market your store: what social media platforms will work best for you? How do you get people interested in buying from you instead of someone else?
Once you've done all that, though, you'll have the opportunity to make money. And if that sounds like something you'd like for yourself or your family members, then Shopify may be the right choice for your business!Need help getting your Shopify store off the ground? Contact our experts at Webinopoly today and we'll be happy to help.