Shopify is a user-friendly platform that enables entrepreneurs to create online stores without any coding or design skills. From accepting multiple payment methods to integrating with third-party apps, Shopify has made e-commerce possible for anyone regardless of their business size.
The speaker recounts his experience working with Shopify, witnessing its tremendous growth from around 10 employees to over 7,000 today. He highlights the extensive resources and powerful tools that Shopify offers entrepreneurs to help them succeed, regardless of their size or scale.
Tobi Lütke, CEO of Shopify, discusses the app ecosystem and how Shopify's core offering is what most people need most of the time, but Shopify also looks to its user community to figure out what apps to build next. He also emphasizes the importance of recognizing that a hobby may not be a profitable business due to lack of skill set.
The podcasters recommend Shopify and Scraping B as tools for eCommerce. Shopify allows for flexible pricing while Scraping B makes web scraping easier and more efficient.
Justin Kan discusses the rise of small niche SaaS businesses and how accelerators and incubators could be the best way to help entrepreneurs through the process of finding their first 10 customers.
The percentage of online stores using Shopify is estimated to be around 22-50%, and now many of them are installing commenting software on their sites as well. This trend is still in its early stages and similar to the use of Chrome plugins.