7 Shopify Ecommerce Agency Success Stories [2024]
A Shopify eCommerce agency is an expert who helps retailers list their products, and target potential customers, enabling the business to achieve its eCommerce goals.
If you are a Shopify expert, you can turn your skills into income by becoming a Shopify eCommerce agency. The Ecommerce agencies offer SEO services, web development or web design, and eCommerce marketing services.
To become a Shopify Ecommerce agency, develop the necessary skills in either SEO, web design and development, or marketing. It would help if you joined an agency for an opportunity to gain the required experience. Then, define your niche, and focus on growing your clientele.
In this list, you'll find real-world shopify ecommerce agency success stories and very profitable examples of starting a shopify ecommerce agency that makes money.
1. The Crowdfunding Formula ($3.6M/year)
Narek Vardanyan, the founder of The Crowdfunding Formula (TCF), came up with the idea for his business after experiencing the collapse of the Soviet Union in Armenia. He started a project with a friend but struggled to raise funds on Kickstarter. Determined to learn how to run successful campaigns, he conducted interviews with successful creators, published a bestselling book, and eventually started managing crowdfunding campaigns. TCF quickly became the biggest agency on the market, raising millions of dollars for creators and expanding into an ecosystem of companies and products that support consumer hardware innovation.
How much money it makes: $3.6M/year
How much did it cost to start: $10K
How many people on the team: 87
Co-founder and CEO of The Crowdfunding Formula, Narek Vardanyan, has grown his startup from a crowdfunding marketing agency to a full ecosystem of companies and products supporting consumer hardware innovation, generating over $4M in annual revenue and helping creators overcome barriers to entry.
2. Velstar ($2.1M/year)
Dan Sheard, the founder of Velstar, came up with the idea for his business after working in sales and later as a web developer at various large agencies. He wanted to focus on helping direct-to-consumer brands that didn't have big budgets, so he decided to start his own agency that combined "big agency" experience with simple, intuitive platforms like Shopify. Since its launch, Velstar has experienced rapid growth and has become an official Shopify Plus partner.
How much money it makes: $2.1M/year
How many people on the team: 21
Velstar, a UK-based Shopify Plus partner agency, has seen impressive year-on-year revenue growth of at least 100% every year, due to their focus on building engaging and conversion-focused eCommerce websites, and highly effective growth marketing for direct-to-consumer brands on Shopify, with big ambitions for 2020 including launching a local Shopify Plus meetup, an eCommerce podcast, investing in content marketing and hiring their first business development personnel.
3. Growave ($1.32M/year)
Eldar, the founder of Growave, started the business after realizing the limitations of his successful previous venture, ThinkLab. With a desire to expand into a dynamic market, Eldar and his team researched and developed a product for the growing e-commerce industry. Despite facing challenges and delays, Growave eventually launched as a free app and gained traction through forums and the Shopify App Store, steadily growing its customer base and revenue to over 12,000 merchants and $110,000 per month.
How much money it makes: $1.32M/year
How much did it cost to start: $100K
How many people on the team: 70
Growave, an all-in-one marketing tool for Shopify brands, went from struggling to be profitable to earning over $110,000 monthly with over 12,000 merchants using the app worldwide, thanks to an improved marketing and retention strategy implemented after the launch.
4. Importify ($900K/year)
Moshe Lugasi, founder of Importify, came up with the idea for his business while running his own online store on Shopify. Frustrated with the time-consuming process of adding products and fulfilling orders manually, he outsourced a developer to create an app that would automate the process. After launching the app, Importify quickly gained traction and became one of the first companies to offer this level of functionality, generating $128,000 in its first year and now grossing $60,000 a month.
How much money it makes: $900K/year
How much did it cost to start: $10K
How many people on the team: 7
How a video game industry sales manager turned his frustration with dropshipping into a $720k/year business, helping thousands of online storefronts automate their product import and dropshipping with app Importify.
5. Envision ($360K/year)
Leighton Taylor, founder of eCommerce marketing agency Envision, came up with the idea for his business while freelancing in web design and development. He noticed the explosive growth of Shopify as the eCommerce platform of choice and decided to specialize in Shopify-related services. Through clear communication, punctuality, and early success with content marketing, Envision has attracted and retained clients, earning approximately $30k/month in revenue.
How much money it makes: $360K/year
How much did it cost to start: $0
How many people on the team: 2
Founder Leighton Taylor shares how his eCommerce marketing agency for Shopify has grown to approximately $30k/month, working with about 350 eCommerce brands and an ideal client with annual revenue from $1-10 million, while focusing on clear communication, punctuality and content marketing through a podcast.
6. Create Circus ($288K/year)
Oliver, the founder of Create Circus, came up with the idea for his business while building his own Shopify branded business during the global lockdowns. He noticed that many stores lacked great branding and quality, so he began offering custom-built templates and designs to make stores stand out. Today, Create Circus has a turnover of around $24,000 a month and is expanding their services to include SEO, SEM, and TikTok marketing.
How much money it makes: $288K/year
How much did it cost to start: $1K
How many people on the team: 8
Create Circus, a Shopify development agency that focuses on high-quality e-commerce store creation, started during the later end of the pandemic and has since turned over around $24,000 a month with two amazing full-time project managers and three full-time developers.
7. Friction Studio ($240K/year)
health/wellness industry, as well as fitness and lifestyle brands. By specializing in these niches, we are able to understand the unique needs and goals of our clients and provide them with tailored solutions that lead to higher customer retention and satisfaction. Additionally, we have built a strong reputation for our conversion-focused Shopify stores and functional user experience, which has helped us attract new customers through word-of-mouth referrals and positive reviews.
How much money it makes: $240K/year
How much did it cost to start: $100
How many people on the team: 12
Friction Studio, a Shopify agency founded by Vishal Goswami, now makes an average of $10k/month after starting with just $100, creating optimized design solutions for brands of various niches and helping D2C brands in their journey by removing eCommerce design, development and strategy friction.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
