Shopify is one of the most well-known E-Commerce platforms online. It allows merchants (both new and old) to sell their products and expand their reach. Shopify actually controls around 20% of the Online Retail Sector. But that’s not all. Brands have plenty of opportunities to increase their revenue with millions of shoppers using the platform.
Shopify offers users a simple, straightforward experience that makes it easy to set up stores quickly and easily. Shopify partners are automatically granted access to the following features when you sign up for the platform:
- Make a website
- You can create a domain with many payment options
- Receve and Process Orders
Shopify gives merchants the tools they need for their business to succeed. Shopify’s unique partnership program allows individuals to join the company and grow their business. Shopify benefits are not limited to online vendors.
This article will provide all the information you need about Shopify Partners and Shopify Partnership Program. This article will explain how to become a Shopify Partner.
What is the Shopify Partnership Program?
Shopify is a top-of-the-line E-Commerce platform. You can set up an Online store in just a few minutes. The platform offers intuitive and cutting-edge functions that can be customized to meet your needs and allow you to build and maintain flawless stores. It can also be used to personalize your site for a better customer experience.
Shopify Partner Program is an extensive community of Developers, Marketers and Affiliates that create/design E-Commerce websites using the Shopify platform. Shopify offers three great options to help you grow your business and generate consistent monthly revenue.
- Refer customers to Shopify. They can design E-Commerce themes for you and then sell them in the Shopify Theme Store.
- Shopify App Store: Create Shopify Apps
Shopify Partners’ customers will appreciate the Multi-Channel Technology which allows them sell securely and reliably from anywhere. Shopify lets you customize your shop to give your customers exactly what they need. Over 1,000,000 merchants use Shopify. Many of these merchants ask for help in customizing and developing their shops.
Shopify’s Partner Program offers a range of Tools and Services which Shopify customers can use to grow their business. These four categories are the key to achieving this:
1. Marketing
Shopify Marketers are available to help Shopify customers who need more Defined Audiences, Streamlined campaigns, or Optimized content. Shopify Marketers are available to help Shopify users expand their reach and use better Marketing methods.
2) Shopify Developers
Shopify app developers can create apps that will benefit Shopify stores in many ways. These include improved Engagement and Revenue.
Shopify Designers
These designers help stores design everything from graphics to branding. They also frequently work with developers.
Shopify Affiliate Marketing
Affiliate marketers can offer nearly any service on Shopify, including influencer marketing and content development.
Shopify Partners can also earn money creating and selling Shopify Apps or Themes. There are many levels of collaboration available, beyond the ones mentioned above.
- Shopify Partners – This is the entry-level position at Shopify Partners. This level allows you to create, learn, and polish all your art. Each action earns you a monthly commission ( Customer Referral or App Creation, or Graphic Designer).
- Shopify Plus Partners This grade is reserved to Shopify Partners who excel in what they do. This level is often found in agencies, corporate consultants, system integrators, and individuals.
- Shopify Fulfillment Partner: The Shopify Fulfillment Network consists of fulfillment partners that can work inside and outside the Shopify Partner Program.
What are the benefits of becoming a Shopify partner?
Shopifyis an Cloud-based platform with a shopping cart, and an online shop. It makes it easy for businesses to create an online store. Shopify is a well-known name in All-in-1 E-Commercesolutions. It has been used by over 1 million businesses in more than 100 countries. Shopify is a great choice for E-Commerce businesses who want to save money and have an easy user interface.
Shopify Partners is used by one in three Shopify sellers. This means that you have a chance to increase your revenue by joining the program. Partner have access to training tools and incentives. They also get some extra cash in the bank.
- FAQs
- Live Chat, How to Articles
- Shopify Academy
The deal also gives you unlimited access to a variety of retailers, so that you can try new products to your heart’s desire. Shopify Partners get exclusive access to solutions that will help them run and grow their business. After you have set up your dashboard, select the ” partner perk” and the ” claim perk” options. More details later.
You can also become a Shopify Partner to increase your business’s potential. Shopify Partner Program enrollment is a great way to increase your client base and skills, regardless of whether you are a well-established company or an individual who wants to grow your client base and skills.
Four Steps to Become Shopify Partner
While you’ve seen the benefits of Shopify Partnering, there is one more benefit: Shopify Partners are free.
These five steps will help you to develop your business and give you a better understanding of the benefits associated with Shopify Partnerships.
Step 1: Sign up for the Shopify Partner Program
This is the easiest step so far. You can simply go to the sign up page and fill out your name and email address. Then wait for your account verification.
Step 2: Verify your Email Address
After creating an account, you will receive an email asking you to verify your Email Address. Click on the link to confirm. You must respond within 24 hours as the response window closes after that.
After clicking the blue button, you’ll be taken directly to Shopify’s accounts page. Select ” Shopify Partners” then ” Create a New Partner Account”.
Step 3: Fill in the Required Information
After you have created an account successfully, you will need to fill in a form with details about your company. Complete all fields. Scroll down to the ” Goals” section and choose the function that best suits your product/service. The following options are available:
- Constructing Apps
- Create new Shopify businesses to help clients
- Shopify merchants already using Shopify can receive services.
- As an affiliate, you can introduce merchants.
- Shopify merchants can sell products.
After you have selected the right category, scroll down to the section about platform usage. This section will allow you to indicate which platforms you are currently using so Shopify can offer you customized features. Shopify offers several types of custom tools.
- BigCommerce
- Lightspeed
- Magento
- PrestaShop
- Square
- Squarespace
- Wix
- WooCommerce
- WordPress
- None
- Other
After selecting the appropriate category, read the Partner Program Agreement and then check the box.
Step 4: Exploring Shopify Dashboard
Your Dashboard is the heart of your Shopify business. Go to the ” Start” section to select the Shopify Partner Programs you wish to apply.
Even if you don’t get accepted to a program, your Dashboard can be used to help you learn and improve your skills. Shopify Partner Academy offers unlimited courses that allow you to earn certifications in Business Fundamentals and App Development.
The test can be taken as many times as necessary. You can also use the Shopify Partner Academy’s tools for knowledge expansion. After being accepted into one the Shopify programs, you can start earning money. Every two months, payments are made via Paypal.
If you have any questions, the Partner Dashboard is the right place. Shopify Support can be reached from anywhere on the internet to answer your questions.
Shopify Partner Commission Rates
Shopify offers a standard 30-day referral period. If your visitor clicks on the affiliate link and signs up for a 14 day free trial within 30 calendar days, they will become a paying customer.
Sometimes, a person may sign up for a free 14-day trial and then become a paying member after the trial ends (not within the 30-day period). In this case, you would receive a commission.
Shopify affiliates receive a commission equal to 200% on your visitor’s monthly subscription fees. You will receive the commission over the first two month of your visitor’s subscription. If your visitor leaves Shopify within the first month, you won’t get the commission for the second.
This applies to all three Shopify Standard Plans:
Basic Shopify – $29/month + $58 Commission
Shopify – $79/month + $158 Commission
Advanced Shopify – $299/month + $598 Commission
Shopify also offers a plan called Shopify Plus. This plan is for large enterprises. Shopify Plus costs more (around $2000/month), and the commission is also higher. You will receive a $2000 commission if someone signs up through your link for Shopify Plus.
Shopify does not pay commissions through PayPal. The date you receive payment depends on the time you were credited with the referral. It will take up to 20 days, and as little as five days for the minimum.
Measure the success of your Shopify Partnership
Shopify’s greatest feature is its E-Commerce platform. It is an integrated platform that allows you to analyze and track the performance of your marketing activities, as well as make informed decisions about how to capitalize on the behavior of your customers.
After setting up your Dashboard and being approved for a few programs, you are now curious about the effectiveness and efficiency of your Shopify collaboration.
There are many ways to assess your success, but here are six key figures.
1) Conversion Rate and Lead Count
This Metric is exactly as it sounds: It’s a count how many leads converted into customers over a period of time, usually in 30-day increments. It is important to track your Lead Conversion rate as it can show how successful your campaigns were at converting genuine leads from attraction.
Lead Conversion rate = (Number X of new customers in X days/number of leads in X days) x 100
2) Lead Velocity Rat ( LVR)
This graph shows the Sales Performance in real time. This Metric is great for estimating revenue growth because of its predictive nature.
Lead Velocity rate= (Number qualified leads this month – Number of qualified leads last months)/number of qualified leads x 100
3) Monthly Recurring Income (MRR).
This measure is more about revenue than actual money collected. MRR is a measure of success. It tells you how quickly your leads convert into customers.
MRR = Average billed amount x number of customers
4) Churn Rate
This Metric is the number of clients that stop using your service after a certain period. The Churn rate is an important measure to determine the effectiveness of your marketing initiatives and onboarding process. There are two types:
User Churn = [Cancelled users within the last 30days / active users thirty days ago] x 100
Revenue Churn=(MRR lost due to downgrades and cancellations in 30 days/MRR 30 days ago) x 100
5) Average Revenue per User (ARPU).
This Metric can help you determine how much each user is earning. This Metric is used to evaluate Marketing successes and failures, as well as forecasting revenue targets.
ARPU = MR / active users
6) Lifetime value (LTV).
This Metric shows how much money users will spend on your service during the duration of your partnership. This graph can help you decide whether it is more important to retain existing clients or pursue new ones.
LTV = Average monthly revenue per customer/user churn rate
Conclusion
For organizations to grow their business, it is crucial to manage large amounts of data. Collaboration with Shopify Partnerempower stakeholders, management and to share their workflows and create a product that meets the requirements.
