Shopify Merchant Survey: The Success Of These Three Businesses In 2020 Is Very Low-key!

In the early days of the epidemic, there were reports that demand for subscription services in industries such as food and beverages and education had surged.

It can be found from Shopify’s survey results that in terms of subscription services, 63% of founders were satisfied with the company’s performance last year.

The most common subscription models used by these companies are the replenishment model and the membership model. The replenishment model means that subscribers receive the same or similar products every cycle, while the membership model means that subscribers can get exclusive products or offers.

B2B and B2C catch both sides

The situation in 2020 is changing, and multi-channel sales can help sellers cope with emergencies to a certain extent and successfully complete product delivery.

Shopify research found that 62% of founders of companies with both B2B and B2C businesses were satisfied with their performance in 2020, while only 53% of B2C founders were satisfied.

Among companies that carry out both B2B and B2C business, 24% of business owners said they would expand their business into new product areas in the future.

The world is still shrouded in the haze of the epidemic, and 2021 is still an extraordinary year; consumer demands are constantly changing, and 2021 is also an unknown year. Sellers should also pay more attention to business development trends and consumer demand. Changes in demand, in order to prepare for 2021 with greater confidence!

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