The market value of Shopify has grown dramatically over the past few years, rising from $2.05 billion in 2015 to $96.35 billion in 2024. The Canadian company saw impressive year-over-year growth of 200% in both 2019 and 2020, with its market capitalization peaking at $171.57 billion in 2021. In the US. Shopify's Gross Merchandise Value (GMV) is projected to exceed $145 billion by 2024, a significant jump from $62.88 billion in 2020. Only because of the huge blast of using the internet and influencer power.
Shopify can only spend a few weeks with the help of sellers who hire influencers by category, location, or audience size. Through the platform, they are making connections with influencers in the fashion, beauty, home, and lifestyle sectors, helping the brands find the right fit for their products according to their budget.
Shopify Collabs is an ecosystem that connects millions of creators and e-commerce brands, in doing so the creators can obtain income and brands can manage their influencers. This book gives information about account creation and influencer partnership optimization to Shopify merchants.