Retailers Hit $100M in Sales — Shopify

  • March 05, 2010

Retailers Top $100 Million in Sales on Shopify Ecommerce Platform

Shopify, a leading global provider of turnkey, hosted ecommerce solutions, announced today that retailers on the Shopify platform have reached a major milestone, netting $100 million in total sales since the company’s elegant and simple shopping cart system launched in 2007.

“We are very excited to reach this incredible milestone in such a short period of time,” said Tobi Lütke, CEO of Shopify. “It’s a testament to the ease and simplicity of our system that helps both large and small businesses succeed online every day.”

More than 6,000 retailers use Shopify to power their online retail stores. The system has been recognized by CNet.com and TechCrunch for its simplicity and ease of use that eliminates the feeling of overwhelm and fear of the unknown many prospective online business owners feel. With customizable, contemporary design templates, easy-to-integrate rich feature set and industry-leading security, Shopify allows even a relative novice to launch a visually spectacular, well-designed and user-friendly online store in mere minutes.

“Our entire system is built around making it quick and easy to start and run an online store, even for those with no ecommerce background,” Lütke said. “And, with our Build a Business Contest going on now, there’s never been a better time to start the online business you’ve always wanted to help drive sales around the clock-even while you sleep.”

Shopify’s Build a Business contest will award $100,000 to the highest grossing new business launched on the Shopify platform between January 1 and June 30. The winner will be selected based on the best two months for each contestant. Additional prizes will be handed out to the top grossing businesses in each of four categories: digital goods (including downloadable media), apparel, electronics and miscellaneous. Contestants may enter the contest at any time, but are encouraged to sign up now in order to make the most of the six-month span.

By automating many of the more complicated processes, including back-end website management, product sourcing, payment processing and reporting, Shopify is ideal for both small and large businesses. Shopify sites are exceptionally affordable, typically allowing businesses to recoup the cost of the site with the margins from the first sale of each month. A 30-day risk-free trial can be upgraded quickly and easily to one of five plans that start at just $24 per month, with no setup fees. Elegant, flexible and scalable, Shopify’s platform powers thousands of startups, as well as some of the largest retail brands in fashion, automobiles, entertainment and media, including Tesla Motors, the Foo Fighters and The Indianapolis Star newspaper.

For more information about the contest or the Shopify platform, visit www.shopify.com.

About Shopify

Shopify is the Internet’s most elegant, simple and affordable online retail platform aimed at providing businesses with easy to use ecommerce solutions. Shopify’s mission is to make it as easy as possible to set up and manage ecommerce storefronts. Shopify’s scalable and flexible full-featured platform enables any size business to efficiently launch and operate an online retail presence with ease. It currently hosts more than 10,000 online retailers, including Tesla Motors, Evisu Jeans and Robin Piccone.

Shopify contact:
Rachel de Jong, Hill & Knowlton for Shopify
(415) 281-7148 | rachel.dejong@hillandknowlton.com

About Shopify

Shopify is a commerce platform that allows anyone to easily sell online, at their retail location, and everywhere in between. Shopify offers a professional online storefront, a payment solution to accept credit cards, a point of sale system to power retail sales and a card reader to process credit card transactions through a mobile phone. Shopify currently powers over 120,000 retailers in 150 different countries, including: Tesla Motors, Gatorade, Google, Wikipedia, LA Lakers, CrossFit, and many more. Shopify was founded in 2006 and it has received $122 million in funding from OMERS Ventures, Insight Venture Partners, Bessemer Venture Partners, FirstMark Capital, Felicis Ventures, and Georgian Partners. http://www.shopify.com.

Shopify contact:
Janet Park, Public Relations
1-888-746-7439 x 302 | janet.park@shopify.com

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