Shopify Recent Developments
Projects up to 61% growth in 2016 sales, compared with 95% in 2015.
Shopify Overview
Ownership: Public - SHOP :NYSE
Employees: 1200
Functional Market: eCommerce,
Key Verticals: Aerospace & Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, Consumer Packaged Goods, Distribution, Leisure & Hospitality, Manufacturing, Media, Professional Services, Retail, Transportation, Utility,
Shopify Key Enterprise & Cloud Applications
Shopify,
SCORES Analysis
Shopify Strengths
Shopify is a cloud-based, multichannel commerce platform designed for small and medium-sized businesses.
Merchants can use the software to design, set up and manage their stores across multiple sales channels, including web, mobile, social media, brick-and-mortar locations, and pop-up shops.
This provides a merchant a single view of their business.
The Shopify platform was engineered for reliability and scale, using enterprise-level technology made available to businesses of all sizes.
Shopify has four levels of monthly payment plans: Shopify Lite, Basic Shopify, Shopify, and Advanced Shopfy.
There is also Shopify Plus for high growth, high volume merchants.
Specific features differ based on which plan is picked, and Shopify Payments rates vary between 2.9% + 30 cents to 2.4% + 0 cents.
The Shopify platform includes a content management system that allows users to manage inventory, edit HTML and CSS code, create coupon and discount codes, and accept online payments online with Bitcoin, PayPal and major credit cards.
In 2015 Shopify went public raising more than $131 million.
The Shopify platform provides merchants with an intuitive user experience that requires no up-front training to implement and use.
Merchants can set up their shop in less than 1 hour.
As of March 31, 2016, Shopify had 275,000 merchants.
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- Key differentiators
- Domain Expertise
- Product portfolio
- Solution scope
Shopify Revenues, $M:
Type/Year | 2015 | 2016 | YoY Growth, % |
---|---|---|---|
Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Shopify Revenue Breakdown By Type, $M:
Type | License | Services | Hardware | Support & Maintenance | SaaS |
---|---|---|---|---|---|
% of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Shopify Enterprise Applications Revenues By Functional Markets, $M:
Shopify Enterprise Applications Revenues By Verticals, $M:
Shopify Revenues By Region, $M
Region | % of Total Revenues | 2016 Total Revenues, $M | 2016 Enterprise Applications Revenues, $M | 2016 Cloud Applications Revenues, $M |
---|---|---|---|---|
Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Shopify Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
---|---|---|---|
Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Shopify Customers
No. of Customers: Subscribe
No. of Enterprise Applications Customers: Subscribe
No. of Cloud Customers: Subscribe
No. of Cloud Subscribers: Subscribe
Don't Miss our Customer Database
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- Reference wins across regions
- Customer Size segments
- Customer wins momentum
Shopify Opportunities
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- Market Opportunities at the vertical and subvertical levels
- Mergers and Acquisitions (M&A), Funding
- Geo Expansions
Shopify Risks
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- Ability to handle internal and external risk and challenges
Shopify Ecosystem
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- Health of ecosystem
- Network Effects of BPO, ISV, SI
- VAR Partners
- Direct vs Indirect sales
Shopify Cloud Infrastructure Insights
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- Cloud Infrastructure (IaaS)
- Cloud Platform (PaaS)
- Cloud Application delivery (SaaS)
- Data Center (Hosting)
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/https://www.appsruntheworld.com/offerings
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