Shopify vs WooCommerce? Which platform is the best for your E-Commerce? Dorea Team, February 12, 2024 These days, there are plenty of options for setting up an e-commerce business. but around 2010–2011, entrepreneurs had little freedom of choice. There were at least two popular options: Shopify and WooCommerce. We’re not here to review these two platforms from the perspective of programming concepts, but we want to look from the perspective of common entrepreneurs in any field of the market. Entrepreneurs usually choose these two options based on their budget. Before we dive into the budget topic, it’s better to take a look at some useful market statistics. Market shares of Shopify and WooCommerce on top websites as of July 2023 WooCommerce is a more common tool than Shopify; more people talk about it, and it has a larger overall market share, at 1.57 percent of the entire web compared to Shopify, which has a larger market share of the top ten thousand, top one hundred thousand, and top one million websites than WooCommerce did. So if you have a small business, probably Shopify could be suitable for you. As of June 2023, out of the over four million live stores running on WooCommerce worldwide,. Approximately 241,500 were home and garden stores. Apparel was the second-most popular category, as 239,000 apparel online shops run on the open-source platform WooCommerce. Food and beverages ranked third, at 169,000 online stores. As of June 2023, fashion merchants ranked as the biggest users of Shopify services, with over 500,000 apparel online stores built on Shopify’s e-commerce platforms. Home and garden was the second-most popular category on Shopify, with roughly 220,000 stores. But consider this: these statistics are more common in the US, not worldwide. Shopify is more popular among Americans. The e-commerce software application market had an estimated value of around 5.1 billion U.S. dollars in 2018 and is forecast to grow to approximately 7.4 billion U.S. dollars by 2023. Given the fast growth of e-commerce sales—global retail e-commerce sales are forecast to reach 7.4 trillion U.S. dollars by 2025—it is hardly surprising that the e-commerce software market is also expanding. No wonder people want so badly to build their online business; it has huge profit. but choosing the right tool is still hard. Online shopping A smartphone is the device that consumers use the most when shopping online. 71 percent of retail website traffic comes from mobile devices. If you want to choose between Wocoomerce and Shopify, you must choose the most mobile-friendly one. WooCommerce might have many advantages as it has so many free and paid mobile-friendly templates (called WordPress themes) for your website. Online Shopping Market Shares by Locations China and South Korea are the countries with the highest online shopping penetration rates. In both countries, 83 percent of the consumers are used to shopping online. Given the size of the In the Chinese consumer market, it is no surprise that the leading e-retailer worldwide, Alibaba, ranked first with a market share of 24 percent in 2021. With a 13 percent market share, the American e-retailer giant Amazon came in second. So, if you want to make an online retail shop, maybe you should consider some adaptation principles. in your choices. For example, if your customers are mostly Chinese, you should choose a payment gateway that supports global payment gateways or even local Chinese payment gateways. WooCommerce in this situation is most suitable and global compared to Shopify, which focuses on American payment mechanisms. What about the budget? Let us compare the costs of setting up an online shop using WooCommerce and Shopify: WooCommerce has more complex initial steps compared to Shopify because Shopify is a unified platform that provides its own hosting. A Cloudways managed WooCommerce hosting plan can cost at least $14 per month, and a paid theme can range from $30 to $300 or more. In WooCommerce, you have the freedom to choose any hosting provider with any range of prices, but Shopify limits you in price, speed, and quality. Shopify, on the other hand, has more economic offers as it has 36€ monthly, including hosting and 24/7 chat support. Many entrepreneurs have no profession in programming or online retailing. So WooCommerce might be a little confusing for most of them. Shopify is more cost-effective, but the costs of this platform grow as you go further, like marketing and other tools. In WooCommerce, you have plenty of free plugins to satisfy your needs. In the end, it’s up to you and the nature of your business to choose the best platform to grow fast and steadily. What’s the Next Step? Retaining existing customers is more cost-effective than acquiring new customers. Based on research conducted by inside Retail rising costs have made cashback offers especially appealing to Australians under the age of 45. On the Crypto Dorea platform, we provide everything you need to set up an easy crypto cashback program for your most loyal customers. You can customize it in any way you want for each product or service category. Visit Crypto Dorea and get the latest updates on the product. Articles